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Siemens Gamesa and Siemens Energy are joining forces to develop an innovative solution that fully integrates an electrolyzer into an offshore wind turbine as a single synchronized system to produce green hydrogen directly. —Christian Bruch, CEO of Siemens Energy.
UK-based Expleo, a global engineering, technology and consultancy service provider, has developed a closed-loop fuel solution for global shipping that delivers a 92% reduction in greenhouse gas emissions (GHGe) in the model vessel. —Jonathan Taylor, VP of Marine, Expleo. million (US$1.7
Renewable energy sources are central to the energy transition toward a more sustainable future. However, because sunshine and wind are inherently variable and inconsistent, finding ways to store energy in an accessible and efficient way is crucial. An open-access paper on the work is published in the journal Energies.
In 2021, global investment in the low-carbon energy transition totaled $755 billion, up 27% from $595 billion in 2020 and just $264 billion in 2011, according to Energy Transition Investment Trends 2022, a new report published by research firm BloombergNEF (BNEF). degrees of global warming. from the year prior.
million for the next phase of Gigastack, a new renewable hydrogen project, as part of the Department for Business, Energy and Industrial Strategy (BEIS) Hydrogen Supply Competition. from an offshore wind farm—the process of producing hydrogen from water (electrolysis) can be decarbonized. We’ve seen this happen in offshore wind.
Mercedes-Benz is expanding its green power portfolio in cooperation with the energy supplier Enovos and the Norwegian energy producer Statkraft. A green power supply contract ensures the purchase of electricity from renewable energy sources at all times.
The Covid-19 crisis in 2020 triggered the largest annual drop in globalenergy-related carbon dioxide emissions since the Second World War, according to IEA data, but the overall decline of about 6% masks wide variations depending on the region and the time of year. —Dr Fatih Birol, the IEA Executive Director.
The COVID-19 pandemic has set in motion the largest drop in globalenergy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report. —Dr Fatih Birol, the IEA’s Executive Director.
AW-Energy Oy is entering the commercial hydrogen market by introducing a combined WaveRoller and HydrogenHub process for the production of green hydrogen. In AW-Energy’s concept, wave energy complements solar power production to enable large-scale green hydrogen. —Christopher Ridgewell, CEO of AW-Energy Oy.
BloombergNEF has issued a research note highlighting some of the likely effects of the coronavirus COVID-19 outbreak over the next year on the transition to a clean economy: including renewable power, energy storage, electric vehicles, heating, cooling and the circular economy. Chart: BloombergNEF.
bp released the 70 th annual edition of the bp Statistical Review of World Energy ; the data collected in this year’s edition includes energy data for 2020. The Review captures the significant impact the global pandemic had on energy markets and how it may shape future globalenergy trends. million b/d).
This award marks the first Advanced Class Gas Turbines in the industry specifically designed and purchased as part of a comprehensive plan to sequentially transition from coal, to natural gas and finally to renewable hydrogen fuel, and creates a roadmap for the global industry to follow. and Hitachi, Ltd.
million electric vehicles to be sold globally in 2019. million units—around 57% of the global market. The ‘New Energy Vehicle’ quota takes effect this year but the requirements for 2019 are relatively modest. Broader macroeconomic factors (higher interest rates and slowing consumer spending) will also impact global sales.
As the world contends with a globalenergy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA. —IEA Executive Director Fatih Birol.
All large-scale energy systems have environmental impacts, and the ability to compare the impacts of renewable energy sources is an important step in planning a future without coal or gas power. In the journal Joule , Harvard researchers report the most accurate modelling yet of how increasing wind power would affect climate.
Volvo Cars has published a lifecycle analysis report on its second fully electric car, the C40 Recharge, which shows the potential CO 2 reductions if a car is built and charged using clean energy sources. However, a significantly lower carbon footprint is achieved when charging the car with renewable electricity, such as wind power.
The ULSTEIN J102 zero emission wind turbine installation vessel (WTIV), can operate 75% of the time in zero emission mode. The downside however of a high-power battery energy storage system (BESS) is the heavy weight and cost. Battery energy storage. —Ko Stroo, Product Manager at Ulstein.
Mercedes-Benz Cars has entered into a power purchase agreement with Statkraft, Europe’s largest producer of renewable energy, enabling Mercedes-Benz Cars to source electricity directly from wind farms in Germany, whose subsidies from the Renewable Energy Act (EEG) expire after 2020.
bp and EnBW have been awarded a lease option off the east coast of Scotland to develop a major offshore wind project to be known as Morven. The E1 lease is in an advantaged area, allowing the partners to develop it as a fixed-bottom offshore wind project with a total generating capacity of around 2.9
The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. The detailed report— Need Nickel?
Independent research and business intelligence company Rystad Energy estimates that there are about 91 planned hydrogen pipeline projects in the world, totaling 30,300 kilometers and due to come online by around 2035. Hydrogen has a high gravimetric energy density and a low volumetric energy density. France, Spain, and Germany.
The US Energy Information Administration (EIA) projects that, absent significant changes in policy or technology, world energy consumption will grow by nearly 50% between 2020 and 2050. Liquid fuels remain the largest source of energy consumption, driven largely by the industrial and transportation sectors.
A new, broad measure of “energy transition investment”, compiled by BloombergNEF (BNEF), shows that the world committed a record $501.3 billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. billion (down 11%).
Globalenergy-related carbon dioxide emissions rose by 6% in 2021 to 36.3 The rebound of global CO 2 emissions above pre-pandemic levels has largely been driven by China, where they increased by 750 million tonnes between 2019 and 2021. billion tonnes, accounting for 33% of the global total. billion tonnes.
Arcadia connects renters and homeowners across the US to wind and solar energy through utility data and billing technology. The EPA provides further information on how renewable energy certificates are used to account for renewable electrcity generation and use. 2021 Audi e-tron.
bp and the Ministry of Energy and Minerals in Oman signed a Strategic Framework Agreement (SFA) and a Renewables Data Collection Agreement which will support the potential development of a multiple gigawatt, world-class renewable energy and green hydrogen development in Oman by 2030. —Bernard Looney, bp chief executive.
The US Department of Energy (DOE) is awarding a total of $125 million to support 110 clean energy technology projects (DE-FOA-0002381). Within that total, DOE’s Office of Energy and Efficiency and Renewable Energy (EERE) will award $57.6 million); Fossil Energy (US$14.7 million); and Nuclear Energy ($13.4
This development is part of the company’s strategy to future-proof its engine technology in line with the global trend towards decarbonization of the energy and marine markets. —Marco Wiren, President, Wärtsilä Energy Business.
Seeking to slash CO 2 emissions from its North American manufacturing operations, Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that will cover more than 60% of the electricity that Honda uses in North America. will deliver to the grid by the end of 2020.
Hyundai Motor Group (the Group) announced that five key affiliate companies, including Hyundai Motor Company and Kia Corporation, will join Climate Group’s RE100 , a global initiative committed to moving toward 100% renewable energy. Hyundai Motor and Kia, along with Hyundai Mobis Co., Hyundai Wia and Hyundai Transys Inc.,
The US Department of Energy (DOE) released its 2023 Critical Materials Assessment (2023 CMA), which evaluated materials for their criticality to global clean energy technology supply chains. The Assessment focuses on key materials with high risk of supply disruption that are integral to clean energy technologies.
Wärtsilä Finland, the energy companies Vaasan Sähkö and EPV Energia, and the City of Vaasa, Finland have signed a letter of intent to cooperate in a project aimed at utilizing emissions-free hydrogen in power generation, industry and transportation applications. —Matti Rautkivi, Director, New Business, Wärtsilä Energy.
E-Fuels company HIF Global, together with partners, authorities, and community representatives, celebrated the production of the first liters of synthetic gasoline at the Haru Oni Demonstration Plant in southern Chile. Chile’s Minister of Energy, Diego Pardow, headed the ceremony where a Porsche 911 was loaded with synthetic fuel.
To increase the share of hydrogen in the final energy demand to enlarge the low-carbon energy sources share in the globalenergy mix and promote the environmental sustainability. Hydrogen is a strategic area in the global development of clean energies and in which EDP aims to invest worldwide.
(Nefoundland, Canada) reached a binding agreement on commercial terms with Pattern Renewable Holdings Canada 2 ULC (Pattern Energy) for a planned renewable energy to green fuels project at Argentia. Pattern Energy is taking a lease option on some 6,000 acres of industrial and forest lands owned by the Port. Argentia Capital Inc.
This collaboration grants AMTE Power a license to manufacture and sell sodium-ion cells (to be incorporated into battery packs) for Energy Storage Solutions (ESS) for defined fields of use and geographies. The recent power outages in Texas highlight the importance of reliable, large-scale energy storage.
ExOne and Maxxwell Motors have successfully binder jet 3D printed a high-efficiency copper e-winding design for an electric motor without rare-earth magnets. Optimized copper windings and rotors in electric motors are among the factors enabling the automotive industry’s transition to hybrid and pure electric power vehicles.
The California Sustainable Energy Entrepreneur Development (CalSEED) program announced that the fourth cohort of innovative clean energy concepts has been approved by the California Energy Commission (CEC); 28 companies out of 212 were selected to receive grants of $150,000 each. the cost of energy storage?by technology?that
Rare earth materials are essential to a variety of economic sectors, including healthcare and clean energy. Disruptions to this supply can have wide-ranging consequences, but the understanding of how those disruptions play out in global markets is limited. China dominates the global rare earths market. —Riddle et al.
Enviva, a global renewable energy company specializing in sustainable wood bioenergy, and Mitsui O.S.K. Lines (MOL), a leading global marine transport group, signed a memorandum of understanding agreement to develop and to deploy an environmentally friendly bulk carrier.
The US Department of Energy (DOE) announced $3 million in funding for 10 high-performance computing projects that will advance cutting-edge manufacturing and clean energy technologies. Improvements in manufacturing processes that result in significant national energy savings and carbon emissions. All Selectees. PROJECT TITLE.
and Toyota Tsusho Corporation agreed to establish Toyota Green Energy LLP for the purposes of obtaining and managing renewable energy sources in Japan and supplying electric power from renewable energy sources to the Toyota Group in the future. Toyota Motor Corporation, Chubu Electric Power Co.,
Global investment in renewable energy totaled $226 billion in the first half of 2022, setting a new record for the first six months of a year, according to Renewable Energy Investment Tracker 2H 2022, a new report published by research firm BloombergNEF (BNEF). Wind project financing was up 16% from 1H 2021, at $84 billion.
For the implementation of a sustainable energy economy, the greatest challenge is the weather-depending, fluctuating electricity production of wind and solar power plants. To store the green electricity in a highly scalable way, it must be converted into chemical energy. Additionally, H 2 O is needed for water splitting.
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