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Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

Green Car Congress

Huge and immediate need for renewable-based fuels in shipping represents opportunity for investors, according to ‘Fuelling the Fourth Propulsion Revolution’ report released today. This is the equivalent of the entire world’s current renewable energy production. MWh to €156.40/MWh MWh in 2050). billion in 2017 to $1.6 billion in 2019.

Renewable 210
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TEPCO and Toyota develop stationary storage battery system using EV batteries

Green Car Congress

(TEPCO HD) and Toyota Motor Corporation (Toyota) have developed a stationary storage battery system (1 MW output, 3 MWh capacity) that combines TEPCO’s operating technology and safety standards for stationary storage batteries and Toyota’s system technology for electrified vehicle storage batteries.

Toyota 416
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Air Products and AES plan to invest ~$4B for mega-scale green hydrogen production facility in Texas; 200 metric tons per day

Green Car Congress

Air Products and The AES Corporation plan to invest approximately $4 billion to build, own and operate a green hydrogen production facility in Wilbarger County, Texas. This mega-scale renewable power to hydrogen project includes approximately 1.4

Texas 353
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bp and thyssenkrupp Steel to advance the decarbonization of steel production; low-carbon hydrogen and renewable power

Green Car Congress

bp and thyssenkrupp Steel have signed a memorandum of understanding (MoU) focused on the development of long-term supply of low-carbon hydrogen and renewable power in steel production, helping accelerate the steel industry’s wider energy transition. The steel and energy industries have of course long been closely linked.

Hydrogen 170
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What is Renewable energy integration, challenges, why it is needed

Baua Electric

what is renewable energy integration ? Renewable energy integration refers to the process of efficiently incorporating renewable energy sources into existing energy systems. Energy Storage: Renewable energy sources are often intermittent, meaning they don’t produce energy consistently.

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GM makes its largest green energy purchase to date; 50 MW wind deal

Green Car Congress

General Motors has made its largest renewable energy procurement to date, purchasing enough wind power to equal the electricity needs of 16 of its US facilities, including business offices in Fort Worth and Austin, Texas, a major assembly and stamping complex in Arlington, Texas, and 13 parts warehouses east of the Mississippi River.

Wind 150
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Rosatom and EDF Group partner to develop green hydrogen in Russia and Europe

Green Car Congress

Russian Rosatom State Atomic Energy Corporation and the EDF Group signed a strategic cooperation agreement in March 2021 to develop green hydrogen in Russia and Europe. —Kirill Komarov, First Deputy Director General for Corporate Development and International Business at Rosatom.

Russia 338