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3 Oil Majors That Bet Big On Renewables

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Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Indeed, much of Big Oil's reduction in greenhouse gas (GHG) emissions leans on the so-called natural gas bridge. 2 Total SA.

Oil 418
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Fukushima Hydrogen Energy Research Field (FH2R) completed in Japan; aiming for low-cost green hydrogen production; P2G

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Japan’s New Energy and Industrial Technology Development Organization (NEDO), Toshiba Energy Systems & Solutions Corporation (Toshiba ESS), Tohoku Electric Power Co., The FH2R can produce as much as 1,200 Nm 3 of hydrogen per hour (rated power operation) using renewable energy.

Low Cost 450
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Highview Power and Encore Renewable Energy to co-develop the first long-duration, liquid-air energy storage system in US

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Highview Power Storage, Inc., a provider of long duration energy storage solutions, and Encore Renewable Energy, a developer of renewable energy generation and storage projects, jointly announced plans to develop the United States’ first long-duration, liquid-air energy storage system.

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thyssenkrupp’s water electrolysis technology qualified as primary control reserve in Germany; hydrogen production for the electricity market

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thyssenkrupp’s proprietary water electrolysis technology for the production of. In the future thyssenkrupp’s electrolysis plants will be able to act as large-scale buffers to stabilize the power grid and compensate fluctuations quickly and flexibly. The technology can also be used in other industries such as cement production.

Water 337
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SoCalGas & UC Irvine show power-to-gas technology able to boost use of intermittent renewable energy significantly

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Southern California Gas Co. SoCalGas) announced that new research on power-to-gas technology shows the technique holds the ability to significantly increase the use of intermittent renewable energy. to 35% by implementing a power-to-gas strategy. to 35% by implementing a power-to-gas strategy.

Renewable 150
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UC Riverside study to evaluate best ways to achieve California’s 100% renewable energy target

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Arun Raju, director of the Center for Renewable Natural Gas at UC Riverside, recently received a $146,000 grant from Southern California Gas Co. SoCalGas) to examine the proposed 100% Renewable Portfolio Standard (RPS) and explore options that can help achieve emission reduction goals more efficiently and at lower costs.

Renewable 186
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PG&E and BMW of North America start V2X testing in California

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Pacific Gas and Electric Company (PG&E) and BMW of North America (BMW) are collaborating to test how vehicle-to-everything (V2X) technology can serve as a solution to offset growing demand on the power grid, improve reliability for electric customers, and maximize the usage of renewable energy.