 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
Global Marine Systems Targets Energy Sector
London UK (SPX) Sep 05, 2008 Global Marine Systems has confirmed its commient to the rapidly expanding energy market with the creation of a new business unit, Global Marine Energy. Ian Gaitch, a long time Global Marine staff member, has been appointed the director of the new unit and will be responsible for building on the success Global Marine has already seen with partners and clients in the offshore wind farm, power and oil and gas industries. "Ian has been core to developing our position in this important market to date. Given the significant potential in these markets for us it seemed that now, under his leadership, was the right time to create a division of our business with this exclusive focus," said Gabriel Ruhan, CEO of Global Marine Systems. The initial success of our partnership with Visser and Smit is a great example of how this area of our business is evolving successfully, and the creation of Global Marine Energy signals the importance of this sector to our future growth." The alternative energy sector is booming, thanks in part to the European Union's stated target of generating 20 per cent of energy from renewables by 2020. In the wind energy sector alone, last year about 20GW of new wind-generation capacity was built around the world, according to the Global Wind Energy Council. However one of the key challenges for offshore sources of energy is the transference of power back to where it is needed most - urban and industrial centres on the mainland. Proper planning, installation and maintenance of power cables is therefore key to the success of such energy sources. Global Marine Energy will turn Global Marine's expertise, honed over 150 years of laying and maintaining subsea cables, towards power and communications cabling for offshore wind farms and oil and gas platforms around the world. "Global Marine's depth of experience in subsea cabling is unparalleled," said Mr. Gaitch, "As a result, Global Marine Energy is uniquely positioned to help secure new sources of power for future generations, and I am relishing the opportunity to build this part of Global Marine's business over the coming years." Mr. Gaitch will report directly to Gabriel Ruhan, CEO of Global Marine Systems, and will sit on the senior management team. Related Links Global Marine
Progress Energy Florida Estimates Fuel, Nuclear And Environmental Costs For 2009
St. Petersburg FL (SPX) Sep 05, 2008Rising fuel prices, environmental improvements and planning for additional carbon-free nuclear power to meet future growth will increase the cost of electricity next year, Progress Energy Florida has announced. |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright Space.TV Corporation. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space.TV Corp on any Web page published or hosted by Space.TV Corp. Privacy Statement |
