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Global geothermal industry passes 12,000 MW operational

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The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). New project announcements have increased the resource under development to about 30,000 MW.

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Mercedes-Benz joins Automotive Cells Company (ACC) as future equal shareholder; third gigafactory slated for Italy

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The partners have committed to increase ACC’s industrial capacity to at least 120 GWh by 2030. In addition, ACC’s industrial footprint will be enriched by a third production site in Termoli, Italy. Stellantis brings industrialization expertise to the joint venture through its brand diversity, size and global footprint.

Italy 319
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Steep increase in global CO2 emissions despite reductions by industrialized countries; driven by power generation and road transport

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Global CO 2. After a decline in global CO 2 emissions in 2009 of 1% (including a. correction for the leap year 2008), global emissions have. After a decline in global CO 2 emissions in 2009 of 1% (including a. correction for the leap year 2008), global emissions have. Indexed global CO 2. Source: JRC.

Emissions 281
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Snam and Baker Hughes test world’s first hydrogen blend turbine for gas networks

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The test took place at Baker Hughes’ facility in Florence, Italy with a Baker Hughes’ NovaLT12 gas turbine. Developed using high-performance computational methods and manufacturing technologies such as additive, the NovaLT family of turbines is suitable for a variety of applications, including industrial cogeneration, pipeline, and offshore.

Hydrogen 524
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Snam and RINA team up to accelerate the development of hydrogen sector

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Italy-based Snam, a global energy infrastructure company, and RINA, a global testing, inspection, certification and engineering consultancy services firm, have signed a Memorandum of Understanding to collaborate in the hydrogen sector, in order to realize the significant potential of hydrogen as a fundamental energy carrier.

Hydrogen 397
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IHS Automotive: global vehicle production to increase by 21M units by 2021; China to account for half of the increment

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Global automobile production will increase by 21 million units by 2021, and has grown by 25 million units since 2009 as the industry continues to recover from the impact of the global economic recession, according to a forecast by IHS Automotive.

Global 261
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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas.

Gas 243