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NYK Line, JMU and ClassNK partner to commercialize ammonia-fueled ammonia gas carrier

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NYK Line, Japan Marine United Corporation (JMU), and Nippon Kaiji Kyokai (ClassNK) signed a joint R&D agreement for the commercialization of an ammonia-fueled ammonia gas carrier (AFAGC) that would use ammonia as the main fuel, in addition to an ammonia floating storage and regasification barge (A-FSRB).

Gas 459
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Energy Vault to provide 1.6 GWh of gravity energy storage to support DG Fuels SAF projects

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Energy Vault, a company developing grid-scale gravity energy storage solutions, has entered into an energy storage system agreement with DG Fuels, a developer of renewable hydrogen and biogenic-based, synthetic sustainable aviation fuel (SAF) and diesel fuel. DG Fuels expects to complete its Louisiana SAF project by mid-2022.

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Nippon Steel to invest in Canadian coal company; steelmaking coal offtake agreement

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EVR), which will be spun-off from Teck as an independent publicly-listed Canadian company and will own and operate the steelmaking coal business previously conducted by Teck. The remainder of Teck’s business will be spun-off as the independent company Teck Metals, which will focus on base metals production.

Coal 273
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DOE awards $3M to MP Materials for project to extract rare earths from fossil fuel waste streams

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MP Materials has received a $3-million award from the Department of Energy (DOE) to complete a feasibility study, working with the University of Kentucky (UK), on a system to produce rare earth oxides, metals, and other critical materials recovered from coal by-products. Mountain Pass facility. Source: MP Materials.

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SRI developing process for co-gasification of methane and coal to produce liquid transportation fuels; negligible water consumption, no CO2

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Researchers from SRI International (SRI) are developing a methane-and-coal-to-liquids process that consumes negligible amounts of water and does not generate carbon dioxide. FTS produces only a small fraction of the hydrocarbons needed for fuel and requires extensive recycling. Click to enlarge. per gallons vs. $2.14.

Coal 257
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Air France KLM signs 210M gallon SAF offtake agreement with DG Fuels

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DG Fuels (DGF), a provider of cellulosic drop-in sustainable aviation fuel (SAF), signed a multi-year SAF offtake agreement with Air France KLM for up to 60,408 metric tons (21 million gallons) per year from DGF’s initial plant to be located in Louisiana. Schematic of DGFuels Sustainable Aviation Fuel Process.

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EIA expects significant increases in US wholesale electricity prices this summer

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EIA forecasts wholesale prices for one price hub in each STEO electricity supply region. Various factors determine wholesale electricity prices, but the cost of fuel for fossil-fuel generators is an important driver. The natural gas price at the Henry Hub averaged $8.14 MMBtu in May 2021. MMBtu this summer, up from $3.93/MMBtu

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