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Study confirms €1T green hydrogen potential for Africa

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Green hydrogen is economically viable at €2/kg and can accelerate low-carbon economic growth across continent and reduce emissions by 40%. Government leaders, ministers, international finance, business partners and civil society from across Africa attended the unveiling event. This is equivalent to energy costs of US$60 a barrel.

Africa 481
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CO2-to-chemicals company Liquid Light raises $15M Series B financing; process scale-up and application validation

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Start-up Liquid Light, a developer of process technology to make major chemicals from low-cost, globally-abundant carbon dioxide ( earlier post ), has closed a $15-million Series B financing. The financing was completed at a significant increase in company valuation.

Financing 218
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DOE awards $4M to carbon capture and storage projects selected as part of ACT

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The US Department of Energy’s (DOE) Office of Fossil Energy (FE) announced $4 million in federal funding for national laboratories to collaborate with international partners on seven projects out of the 12 that were selected as a part of the Accelerating Carbon Capture and Storage Technologies (ACT) Initiative. million of which €31.5

Carbon 150
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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

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In countries that choose to continue or increase their use of nuclear power, it can reduce reliance on imported fossil fuels, cut carbon dioxide emissions and enable electricity systems to integrate higher shares of solar and wind power. —IEA Executive Director Fatih Birol.

Russia 458
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MHI invests in Electric Hydrogen to accelerate efforts to produce clean hydrogen at scale

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(MHI) has invested in Electric Hydrogen (EH2), a clean hydrogen startup headquartered in Natick, Massachusetts, to support its efforts in developing cost-competitive, fossil-free hydrogen. The investment was part of a $198-million financing. The investment has been executed through Mitsubishi Heavy Industries America, Inc.

Hydrogen 150
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Wärtsilä and partners developing emissions-free barge concept

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Within the Netherlands transport sector, inland navigation accounts for 5% of carbon dioxide emissions. The ZESPacks are designed for multiple applications, enabling them to be utilized for temporary onshore use, such as stabilizing the local electricity grid or meeting short-term demand for electrical power.

Concept 357
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UK study finds Bio-SNG could offer 90% reduction in lifecycle CO2; lower cost of carbon abatement than electrical solutions for transport applications

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Cost of carbon abated for transport applications. Bio-methane retains all the attributes of natural gas, with the crucial advantage that the fuel is renewable, offering substantial Carbon Dioxide savings. Carbon savings. Cost of carbon abated. Click to enlarge.

Carbon 210