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bp to explore potential for green hydrogen production in Egypt

Green Car Congress

bp signed a memorandum of understanding (MoU) with the Government of Egypt under which bp will explore the potential for establishing a new green hydrogen production facility in the country. It is intended that high-potential locations across Egypt will be considered as part of the feasibility study, targeting best-in-class resources.

Egypt 330
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Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

Green Car Congress

Ireland-based electrolyzer company Fusion Fuel Green PLC will collaborate with Consolidated Contractors Group S.A.L. CCC and Fusion Fuel have agreed to cooperate on projects involving the production of green hydrogen for potential clients in the refining and petrochemical industries in order to reduce their carbon footprint.

Fusion 170
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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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This geographically diverse group comprises Brazil and Mexico in the Americas; South Africa and Nigeria in Africa; Egypt and Turkey in North Africa/Mediterranean; Saudi Arabia and Iran in the Middle East; as well as Thailand and Indonesia in Asia. The OECD represents the developed economies.

Energy 252
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GE Transportation Unveils New Evolution Series Locomotive; 17% Reduction in Fuel Consumption, 70% Reduction in Emissions

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GE Transportation introduced the newest line of fuel efficient and low emissions Evolution Series locomotives, the Model ES44C4. GE’s new AC motors have fewer parts to maintain and eliminate the electrical problems that hamper DC motors. million tons of carbon dioxide, a major greenhouse gas. The new Model ES44C4.

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MIT study cautions smaller nations on rushing to develop their natural gas resources; Cyprus as model

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Based on the interim results of a new study, MIT researchers are warning smaller nations to proceed with caution in pursuing the development of their natural gas resources. The interim report analyzed the economics of natural gas project development options in Cyprus with a focus on exports. —Sergey Paltsev. Click to enlarge.

Cyprus 261
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BNEF: cost of new renewables rises as inflation starts to bite

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The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. Cost rises are linked to increases in the cost of materials, freight, fuel and labor. New-build onshore wind and solar projects are now around 40% lower than BNEF’s global benchmarks for new coal- and gas-fired power.

Cost Of 210
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ZAP Acquires 51% Stake in China’s Jonway Auto in Focus On China EV Market; Plans Acquisition of Other 49% in Second Phase

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ZAP Jonway plans to introduce an electric A280—the “little brother”to the A380 being used as an electric taxi. as part of a strategy to capitalize on the growing automotive and electric vehicle (EV) market in China. These vehicles are now being showcased and used as electric taxis at the Shanghai Expo.

China 218