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Global geothermal industry passes 12,000 MW operational

Green Car Congress

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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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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IEC publishes two EV charging standards; global consensus on plugs and sockets

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The IEC (International Electrotechnical Commission) has published two new International EV charging standards: IEC 62196-1 and IEC 62196-2. The two IEC International EV Standards reflect a global consensus on the plugs and sockets that are needed to charge EVs. —Ronnie Amit, CEO and General Secretary of the IEC.

Standards 307
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Hyundai HTWO supplying fuel cell generator to ETCR racing for EV charging

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ETCR is the world’s first all-electric touring car race category that provides leading vehicle manufacturers a global stage to showcase electric technology in a high-performance arena. Only vehicles without internal combustion engines are allowed to participate.

Hyundai 482
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Punch Group acquires GM propulsion engineering center in Turin; global center of excellence for diesel

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Belgium-based Punch Group has acquired GM’s propulsion engineering center in Turin, Italy. The transaction between the two companies includes an engineering services agreement (ESA) to support GM’s global product programs through the end of 2021. —Doug Parks, executive vice president, GM.

GM 221
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EIA: Global trade in liquefied natural gas grew by 4.5% in 2021

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billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) was traded globally during 2021, an increase of 2.2 Bcf/d (4.5%) from 2020, according to The LNG Industry GIIGNL Annual Report 2022 by the International Group of Liquefied Natural Gas Importers ( GIIGNL ). Global LNG export capacity has increased by 29%, or 14.0

Gas 259
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Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

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Previous models have treated oil producers’ carbon footprint as if all barrels of oil are exactly the same, but with novel extraction technologies there is a great deal of variability in the global oil supply. Everyone knows about these market structures, but by considering it, we show the structure is very important in a global economy.

Oil 305