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Wärtsilä and partners developing emissions-free barge concept

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These will be charged using energy from renewable sources. To make it easier for barge operators to sign-on to the concept, a ‘pay-per-use’ financing model has been developed. The concept is based on the use of replaceable battery containers, to be known as “ZESPacks”.

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DOE to award $118M to 17 projects to accelerate domestic biofuel production

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Financing for novel biorefinery process systems can be a barrier to commercializing advanced biofuels, and this funding will reduce technological uncertainties and enable industry deployment. Captis Aire LLC, “Renewable Blending Components to Enable 100% Sustainable Aviation Fuel (SAF)”, $2,000,000. Comstock Inc.,

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UK Review of Renewable Energy finds 30% renewables share by 2030 appropriate for the UK; a cautious approach to biofuels in transport

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A renewable energy share of around 30% by 2030 would be “appropriate” for the UK, with scope for a higher share (e.g. The review also concludes that nuclear generation in particular appears likely to be the most cost-effective form of low-carbon power generation in the 2020s (i.e. —Renewable Energy Review.

Renewable 199
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Ford splitting auto business into two distinct entities: Ford Blue and Ford Model e

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With these changes announced today, Ford is raising its longer-term operating and financial targets, including: Company adjusted EBIT margin of 10% by 2026, a 270-basis-point increase over 2021– driven by higher volumes, improvement in the cost of EVs, and a significant decline in ICE structural costs of up to $3 billion.

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Report for IPCC finds renewables could supply up to 77% of global energy by 2050 under most optimistic scenario; need for enabling public policies and investments

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Ranges of global technical potentials of renewable energy sources derived from studies analyzed in SRREN report. The authors reviewed more than 160 existing scientific scenarios on the possible penetration of renewables by 2050, alongside environmental and social implications; and then reviewed with four of these in-depth.

Renewable 218
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The Case for Nuclear Cargo Ships

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Vard Group is part of NuProShip , a consortium of the Norwegian maritime authority, universities, shipbuilders, and shipping companies that aims to develop a Generation IV reactor for marine vessels. The first was the American NS Savannah , built in the late 1950s at a cost of $46.9 million (an eye-popping $495 million today).

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DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

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Well-to-Propeller GHG emissions results for marine alternative fuels. According to DNV GL, the main drivers for the use of alternative fuels in shipping in the future can be classified in two broad categories: (a) Regulatory requirements and environmental concerns, and (b) availability of fossil fuels, cost and energy security.