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Allianz to invest in Finnish green hydrogen and power-to-gas developer Ren-Gas; sector coupling

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Allianz Capital Partners, on behalf of Allianz insurance companies, has signed an agreement to acquire a minority stake in Ren-Gas Oy , a green hydrogen and power-to-gas project developer based in Finland. Allianz will provide funding of €25 million to Ren-Gas to support the company’s project portfolio towards execution.

Gas 259
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Neste piloting its first EV charging service with Niemi Services; aims to launch in Finland in 2021

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Neste is piloting its first electric vehicle charging service targeted to logistics companies in Finland. at their site in the Konala area in Helsinki, Finland. The pilot project supports Neste’s and Niemi’s climate strategies and helps Niemi, the leading moving and logistics company in Finland, to reduce its climate emissions.

Finland 221
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Neste providing companies in Finland a service for monitoring transport fuel emissions

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Neste is the first company in Finland to provide a service for companies and other organizations to monitor their climate emissions caused by the use of transport fuels. Road transport accounts for more than 90% of the total transport emissions in Finland. —Heidi Peltonen.

Finland 186
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OMV says it will stop oil and gas production by 2050 in transformation to net-zero

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Austria-based OMV, an international, integrated oil, gas and chemicals company, announced its intention to become a net-zero (Scope 1, 2 and 3) company by no later than 2050. The gradual decline foresees a decrease in crude oil production by around 30% and natural gas production by around 15% by 2030.

Oil 465
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KIT team produces synthetic natural gas from waste wood; used in natural gas vehicles

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Researchers from the Karlsruhe Institute of Technology (KIT) have successfully produced renewable methane from a biomass-based synthesis gas mixture in their pilot plant for methanation using a new honeycomb catalyst. Biogas facilities produce renewable gas mainly by fermenting biological waste. Honeycomb catalyst.

Kits 262
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UPM and WWF Finland co-operate to promote the sustainability of wood-based liquid biofuels

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Finland-based bio and forest industries company UPM and WWF Finland have engaged in a dialogue on the status of wood-based liquid biofuels in Finland and present a list of joint measures to be carried out to promote sustainability. —Liisa Rohweder, CEO of WWF Finland. Earlier post.).

Finland 231
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Neste to begin selling 100% renewable diesel in Finland

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Neste plans to start selling diesel produced entirely from renewable raw materials at selected stations in Finland around the turn of the year. In addition to its significantly smaller carbon footprint, the product is of a high quality - it burns efficiently and cleanly. —Mika Hyötyläinen, VP, Marketing at Neste Oil Retail.

Finland 150