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IIASA-led study proposes Underground Gravity Energy Storage as long-term energy storage solution for renewables

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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.

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NREL releases comprehensive vision for deep decarbonization of transportation

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The National Renewable Energy Laboratory (NREL) has released a comprehensive vision for deeply decarbonizing transportation. The transportation sector is the largest source of greenhouse gas emissions in the United States, accounting for about 28% of total carbon emissions.

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BNEF: global investment in low-carbon energy transition hit $755B in 2021; up 27% from 2020; electrified transport grew the fastest

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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). from the year prior.

Carbon 418
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Global Clean Energy buys Bakersfield refinery for $40M, converting to produce renewable diesel

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Global Clean Energy Holdings, Inc., GCEH will immediately commence retooling the refinery to produce renewable diesel from organic feedstocks such as vegetable oils. The balance of feedstock will be provided from various non-petroleum renewable feedstocks, such as used cooking oil, soybean oil, distillers’ corn oil, and others.

Renewable 389
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H2@Scale project launched in Texas; renewable hydrogen for multiple end-use applications

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Frontier Energy, Inc., in close collaboration with GTI and The University of Texas at Austin, has launched a US Department of Energy project, Demonstration and Framework for H2@Scale in Texas and Beyond. It is first time that both sources of renewable hydrogen will be used in the same project.

Texas 468
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IRENA sees renewable hydrogen at least cost-possible within decade

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Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA). For that, today’s manufacturing capacity of less than 1 GW would have to massively grow beyond 100 GW in the next 10 to 15 years.

Hydrogen 482
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Shell contracts with ECB Group for more than 2.5 billion liters of renewable diesel and jet

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ECB Group Paraguay and Shell Trading (US) Company signed a multi-year contract that will provide more than 500 million liters (130 million gallons US) of renewable diesel and renewable jet fuel per year to Shell, one of the world’s largest energy companies. The contract is expected to run from 2024.

Paraguay 448