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Oxford spin-out OXCCU raises US$22.8M to transform carbon dioxide into sustainable aviation fuel

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OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 million) Series A financing round.

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Ricardo advances hydrogen engine; testing prototype at University of Brighton

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Ricardo has developed a hydrogen-fueled research engine which could offer a renewable, economic and durable technology solution to accelerate zero-carbon emissions in heavy duty trucks, off-highway machines and marine vessels. —Adrian Greaney, Director of Technology and Digital at Ricardo Automotive and Industrial EMEA Division.

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DOE awards $20M to project to produce clean hydrogen from nuclear power

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The US Department of Energy (DOE) is awarding $20 million in funding to a project to demonstrate technology that will produce clean hydrogen energy from nuclear power. This approach will allow clean hydrogen to serve as a source for zero-carbon electricity and represent an important economic product for nuclear plants beyond electricity.

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UK awards £28M for 5 demonstration-phase low-carbon hydrogen production projects

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As part of a larger £90 million (US$117 million) package of awards to cut carbon emissions in industry and homes, the UK is awarding £28 million (US$36.5 million) to five demonstration phase projects for low-carbon hydrogen production. HyNet – low carbon hydrogen plant. Led by Cranfield University. Contract value: £3.12

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Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

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A study by University of Chicago economist Esteban Rossi-Hansberg, the Glen A. Lloyd Distinguished Service Professor in Economics, and José-Luis Cruz of Princeton University assesses the local social cost of carbon (LSCC) and how that cost aligns with the carbon reduction pledges countries made under the Paris Agreement.

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DOE selects Arizona State University to lead new institute to drive industrial decarbonization through electrification of process heat

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The US Department of Energy (DOE) has selected Arizona State University to lead the seventh Clean Energy Manufacturing Innovation Institute.

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Cohort of new stakeholders joins Open Hydrogen Initiative

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There is a high degree of variability in the carbon intensity of hydrogen production, even using the same technologies or pathways. The creation and adoption of these technical protocols will help build and harmonize the hydrogen market, contextualize climate solutions, advance transparency and support global trade in low-carbon hydrogen.

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