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Everybody is talking about a new EU clean power project that pairs floating solar with offshore wind turbines, but they’re missing half the story. Wave energy is also part of the project. The wave part is not getting much attention, probably because wave-to-electricity conversion has fallen behind wind and solar in the renewable energy race. Nevertheless, if all goes according to plan, the waters of the EU will be peppered with wave conversion devices as well as floating solar panels.

More Offshore Solar & Wind Turbines With Wave Energy, Too

The EU project is tackling the problem of how to make room for new offshore energy industries in busy coastal waters. Finding sites for new offshore wind farms can be a tough row to hoe, as offshore wind fans in the US can testify.

The new project is called EU-SCORES for “European SCalable Offshore Renewable Energy Sources.” The idea is to pair wind turbines with other clean power systems, with the aim of reducing the overall footprint of marine energy development.

EU-SCORES comes under the umbrella of the Dutch Marine Energy Centre, which will assess two sites for hybrid marine energy systems. One is a solar-plus-wind site in Belgium, which has been getting a lot of attention, and rightfully so. Floating solar is a relatively new idea that has been catching on fast for application to inland water bodies including reservoirs as well as natural lakes and ponds. The idea of setting solar panels afloat in the open sea poses new technology challenges.

In that regard, EU-SCORES shares some similarities with the CrossWind offshore wind project under way in the Netherlands, which is also on track to receive floating solar panels.

However, EU-SCORES seems to be taking a much more aggressive approach to hybridizing offshore wind farms. As DMEC describes it, the “full-scale demonstrations are intended to prove how the increased power output and capacity installed per km2 will reduce the amount of marine space needed, thereby leaving more space for aquaculture, fisheries, shipping routes and environmentally protected zones.”

“Additional benefits achieved by co-using critical electrical infrastructures and exploring advanced operation and maintenance methodologies supported by innovative autonomous systems should lower the costs per MWh,” DMEC adds.

Wave Energy: It’s All About Co-Location, Location, Location

Where were we? Oh right, wave energy. If you caught that thing about co-using, that’s a critical issue for wave energy stakeholders. Translating the infinite, 24/7 motion of waves into electricity is a tantalizing goal, but one of the factors holding back the wave energy field is the relatively high cost of shunting clean kilowatts from seagoing wave energy generators over to coastal communities.

Back in 2014, the United Nations’ International Renewable Energy Agency took a look at the wave energy field and recorded 100 projects around the world, all of which were still in the pilot and demonstration phases. The early-stage nature of the technology made it difficult to project future costs for commercial-level projects. However, IRENA did come up with the figure of 22% for the proportion of lifetime costs that could be ascribed to power take-off systems.

IRENA also estimated that installation, operation, and maintenance, and mooring would account for another 41% of lifetime costs for wave energy projects. Co-location with offshore wind turbines would presumably shave away some of those costs as well.

About Those Locations…

Another kind of challenge for the wave energy industry is that the recovery potential varies considerably from one place to another. The one-size-fits-all nature of wind turbines and solar panels does not apply as much to the wave energy field, and that has slowed the development of more mature, efficient supply chains.

In 2016, the US Department of Energy’s National Renewable Energy Laboratory looked at the problem and noted that “wave energy technology is still an emerging form of renewable energy for which large-scale grid-connected project costs are currently poorly defined.”

“Ideally, device designers would like to know the resource conditions at economical project sites so they can optimize device designs. On the other hand, project developers need detailed device cost data to identify sites where projects are economical. That is, device design and siting are, to some extent, a coupled problem,” the lab continued.

A New Burst Of Energy For Wave Energy

Regardless of the challenges, wave energy fans have persisted, and it looks like all that hard work is about to pay off. The wave energy harvesting end of the EU-SCORES project is being attached to an offshore wind farm in Portugal, using buoy-type wave harvesting devices developed by the Swedish company CorPower Ocean, as the firm’s Commercial Director Kevin Rebenius is happy to explain.

“We see great value in showcasing the highly consistent and complementary power profile of wave energy, and how this can be combined with wind and solar to deliver a more stable and predictable electricity system based purely on renewables,” Rebenius said.

CorPower Ocean’s contribution to the wave energy field is a pumping system modeled on natural pumps such as those found in the human heart.

According to CorPower, its device can produce 5 times more electricity per ton than other wave energy harvesters, partly by enabling superior performance during calm periods and partly by maintaining performance during storms. Here, let’s have them explain.

“CorPower WECs can harvest the same amount of Annual Energy from a buoy with 1/10 volume compared to conventional point absorber WEC. 1. As comparison, a 300kW CorPower WEC has a diameter of 9m and weighs 60 tonnes. Getting large amounts of electricity from a small device significantly reduces CAPEX. The compact lightweight devices are also less costly to transport, install and service, bringing down OPEX.”

There Had To Be A Green Hydrogen Angle In There Somewhere…

CorPower is aiming to make the case for commercial viability by 2024. Meeting that goal will also provide a boost to other companies involved with EU-SCORES. For those of you keeping score at home, that includes the offshore floating solar company Oceans of Energy along with the familiar names of RWE, EDP, ENEL Green Power, and Simply Blue Group.

EU-SCORES could also add another notch in the belt of green hydrogen fans. CorPower, for one, is already making the pitch.

“The multi-source demonstrations in EU-SCORES will showcase the benefits of more consistent power output harnessing complementary power sources including waves, wind and sun, creating a more resilient and stable power system, higher capacity factors and a lower total cost of the power system. These aspects will also improve the business case for green hydrogen production, by allowing electrolysers to run at higher utilisation,” CorPower enthuses.

For those of you new to the topic, electrolysis refers to electrical systems that pop hydrogen gas out of water. That doesn’t make any sense at all from a climate action perspective if the electricity is sourced from fossil energy, but sub in renewables and the whole picture shifts.

The renewable energy angle is also a rather significant improvement over the current state of affairs, in which the global supply of hydrogen is sourced primarily from natural gas and coal. With the addition of seagoing solar panels and wave energy devices envisioned by EU-SCORES, it looks like end of the fossil grip on the global hydrogen economy is in sight.

Follow me on Twitter @TinaMCasey.

Photo: Array of wave energy harvesting devices, courtesy of CorPower Ocean.

 

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Ford has a new ‘electrified’ Mustang in the works, and it’s not the Mach-E

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Ford has a new 'electrified' Mustang in the works, and it's not the Mach-E

Ford is testing a new electrified Mustang that may not be as electric as it seems. The next-gen Mustang is apparently already in development. Here’s what we know about it so far.

Is Ford launching an electrified Mustang Hybrid?

After postponing around $12 billion in planned spending on electric vehicles in 2023, Ford’s CEO Jim Farley said the company would lean more into hybrids.

Farley told investors and analysts on the company’s Q3 2023 earnings call that he’s “so thankful we have kept our foot on the gas to freshen our ICE and HEV products as we enter a changing market.”

Ford’s CFO, John Lawler, reaffirmed the company’s plans later that year, saying the company would use hybrids as a bridge to fully electric vehicles.

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“With EV adoption slower, hybrids are going to be a bigger part,” Lawler said, adding that Ford “became a little bit complacent” on hybrid tech. Last year, Ford said it would introduce a hybrid version for every gas-powered vehicle in its lineup by 2030.

Ford-new-electrified-Mustang
2025 Ford Mustang Mach-E (Source: Ford)

Ford is apparently making good on its promise with a new Mustang hybrid in development. According to a new report from Ford Authority, the Mustang hybrid, internally code-named S650E, is in development, and prototypes are already being tested.

The report claims the new Mustang has entered the Technology Prove-Out stage, suggesting it will be electrified to some degree.

Ford-new-electrified-Mustang
Ford Mustang Mach-E Rally (Source: Ford)

Whether it will be a traditional hybrid or a plug-in hybrid vehicle (PHEV) remains unclear. Although the company has yet to confirm it, Farley said that a “partially electrified Mustang coupe” was a strong possibility, and Ford’s Performance unit is already testing hybrid powertrains.

Electrek’s Take

Will the new Mustang hybrid sit alongside the Mach-E in Ford’s lineup? Ford’s electric crossover SUV remains one of the top-selling EVs in the US, so it’s unlikely to go anywhere, but it is due for a refresh with so many new rivals entering the market.

Through August, Ford sold 34,319 Mustang Mach-Es (+6.7% YOY) in the US. The gas-powered Mustang continues to fall out of favor, with 31,015 units sold in the first eight months of 2025, 8.3% fewer than during the same period in 2024.

With Hyundai, Stellantis, Honda, and several other global OEMs planning to launch new hybrid models in the US, the Ford Mustang hybrid doesn’t come as a total surprise. We will still have to wait for the official word from Ford, but a new electrified Stang seems more than likely.

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Offshore driller Transocean plunges after offering shares at a discount

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Offshore driller Transocean plunges after offering shares at a discount

Transocean Barents, an oil platform passes through Canakkale Strait as vessel traffic suspended in both directions in Canakkale, Turkiye on November 12, 2024.

Enishan Keskin | Anadolu | Getty Images

Shares of Transocean plunged Thursday after the offshore driller announced the sale of a large number of shares at a discount.

Transocean is planning to sell 125 million shares at a price of $3.05, significantly lower than Wednesday’s close of $3.64. It is offering 25 million shares more than it originally planned.

The Swiss company’s stock was last down 14.8% premarket. The offering is expected to close on Friday.

Transocean expects to book about $381 million from the sale. It will use the proceeds to pay off debt.

(Correction: Updates with correct share offering price.)

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NYC’s new 15 MPH speed limit for e-bikes goes into effect next month, but cars still get a pass

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NYC’s new 15 MPH speed limit for e-bikes goes into effect next month, but cars still get a pass

New York City’s new 15 mph speed limit for electric bikes is officially set to take effect next month, in what city officials claim is a move to improve street safety. But not everyone is convinced the crackdown is targeting the real threat on the roads.

The new limit, approved earlier this year, applies to e-bikes, mopeds, and other micromobility vehicles operating in city bike lanes. Riders caught exceeding 15 mph could face warnings or citations, though the exact enforcement strategy remains murky. The NYPD says it will focus on “education first,” but given the city’s track record, that could just be the calm before the ticket storm.

The rule comes amid growing concerns from some residents and officials about rising speeds among e-bike riders, especially delivery workers who often rely on throttle-equipped bikes to meet tight deadlines. But while the new speed cap is aimed at micromobility vehicles, there’s a noticeable omission: cars, trucks, and SUVs, which continue to be allowed to travel at 25 mph – and in practice, often much faster – even though they pose exponentially more risk to vulnerable road users and are responsible for orders of magnitude more deaths each year.

It’s a move that raises eyebrows and has resulted in thousands of publicly-submitted comments that the New York Department of Transportation has seemingly ignored.

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After all, the majority of traffic fatalities in New York City don’t involve e-bikes. They involve cars. And while some e-bike riders certainly ride irresponsibly, the blanket limit nearly cuts in half the more widely accepted e-bike speed limits used around the US, and doesn’t even apply to pedal bikes, which can easily exceed such speeds despite nearly identical average weights when factoring in the vehicle and rider. Not to mention, it ignores the critical role that e-bikes play in reducing traffic congestion and emissions, especially in the delivery and commuting sectors.

So while New York is slowing down its most efficient and sustainable form of urban transport, it’s letting the real heavyweights keep their speed. If the goal is safety, then it’s fair to ask: why aren’t cars being asked to go 15 mph too?

Because once again, it seems the rules are written for the powerful – not the vulnerable.

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