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Following initial contracts with European suppliers, the BMW Group has now concluded further 2 -reduced-steel-for-global-production-network">agreements for the supply of CO 2 -reduced steel in the US and China. The plan is to use the steel in series production of cars at the BMW Group’s European plants from 2026 onwards.
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.
Neste Corporation and Marathon Petroleum Corporation (Marathon) announced an agreement to establish a 50/50 joint venture to produce renewable diesel following a conversion project of Marathon’s refinery in Martinez, California (the Martinez Renewable Fuels project ). Earlier post.). —Matti Lehmus, Neste’s President and CEO.
While there is global potential to generate renewable energy at costs already competitive with fossil fuels, a means of storing and transporting this energy at a very large scale is a roadblock to large-scale investment, development and deployment. Generation 2 moves the Haber-Bosch process to renewable sources of hydrogen.
NuScale Power, along with Shell Global Solutions (Shell) and industry participants will develop and assess a concept for an economically optimized Integrated Energy System (IES) for hydrogen production using electricity and process heat from a NuScale VOYGR small modular reactor (SMR) power plant.
By Jake Stones, hydrogen editor at ICIS ICIS data shows that renewable hydrogen could be sold for below €1/kg if a producer obtains the maximum support provided by the European Hydrogen Bank , according to the heads of terms for the bank published by the European Commission on 31 March. Funding is granted once hydrogen production starts.
Cemvita defines Gold Hydrogen as the biological production of hydrogen in the subsurface through the consumption of trapped or abandoned resources. The hydrogen production in this trial exceeded our expectations. According to recent studies, the global green hydrogen market size was valued at US$0.3 billion in 2020.
During Tesla’s Investor Day held in March, Elon Musk touched on Tesla’s Master Plan Part 3, which outlines a proposed path to reach a sustainable global energy economy through end-use electrification and sustainable electricity generation and storage. Earlier post.)
In 2022, green hydrogen production capacity reached more than 109 kilotons per annum (ktpa) worldwide, representing 44% growth compared to 2021, according to data and analytics company GlobalData. During 2022, over 393 deals related to hydrogen were closed, representing a significant increase compared to 277 deals registered in 2021.
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. Yet, its natural gas output will still comprise 85% of its total production by the end of the forecast period. 1 Equinor.
will more than double its annual production of renewable diesel with the completion of a second Honeywell Ecofining process unit with a capacity of 30,000 barrels per day (bpd). The Diamond Green Diesel facility converts inedible oils and other waste fats into a high-quality renewable diesel fuel. and Darling Ingredients Inc.,
A new study from Juniper Research forecasts that the number of hydrogen vehicles in service globally will exceed 1 million in 2027, from just over 60,000 in 2022—substantial growth of more than 1,500%—with the bulk of the deployed vehicles in China and the Far East.
Renewable Energy Group (REG) has entered into an agreement with Hunt & Sons, Inc. REG Ultra Clean blends biodiesel and renewable diesel. The patent-pending combination delivers both biodiesel’s excellent lubricity and renewable diesel’s high Cetane and low Cloud Point in a 100% renewable fuel.
Raven SR plans to build modular waste-to-green hydrogen production units and renewable synthetic fuel facilities initially in California and then worldwide. Careful temperature control prevents glass and metals from melting and becoming slag, and produces a biocarbon which is a salable product. Raven SR Inc., Earlier post.).
Neste Corporation has made the final investment decision to invest into new renewableproductsproduction capacity in Rotterdam. The decision is based on demand for renewableproducts growing substantially with customers’ higher climate ambitions. billion will expand Neste’s overall renewableproduct capacity by 1.3
Air Products and Cummins signed a memorandum of understanding (MOU) to work together to accelerate the integration of hydrogen fuel cell trucks in the Americas, Europe and Asia. Cummins and Air Products expect the demonstration phase to begin in 2022. —Seifi Ghasemi, Air Products’ chairman, president and CEO.
Darling and Valero jointly announced that their 50/50 joint venture, Diamond Green Diesel (DGD), has received approval from both companies’ Boards of Directors to proceed with the construction of the renewable diesel production facility to be located at Valero’s Port Arthur, Texas refinery. billion pounds of used cooking oil annually.
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.
Globalrenewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). Renewable energy investment slightly declined in 2018, with modest growth through 2019.
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. Producing hydrogen has traditionally been associated with high carbon emissions, but by using renewable electricity—e.g., The UK has awarded £7.5
Researchers at Monash University in Australia have conducted a lifecycle analysis and net energy analysis (LCA/NEA) of a hypothetical large-scale solar-electrolysis plant for the production of green hydrogen. of hydrogen is currently produced via water electrolysis and only a fraction of this production is powered by renewable energy.
The investment is the biggest milestone to date of Cepsa’s Positive Motion energy transition plan to lead sustainable mobility and the production of green hydrogen and advanced biofuels in Spain and Portugal this decade. Andalusia has everything it takes to become one of the most competitive regions in the world for hydrogen production.
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.
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.,
eFuels company HIF Global ( earlier post ) and Siemens Energy reached an agreement under which Siemens Energy will supply electrolyzers to the HIF Matagorda eFuels Facility. We face a time of incredible expansion in hydrogen production amid global supply chain challenges.
In keeping with this strategic shift of business, OMV will reduce its oil and gas production by around 20% by 2030 and will completely cease oil and gas production for energy use by 2050. Driven by Asian markets, global demand for virgin polyolefins is expected to grow above global GDP by 2030.
Their paper tracks fossil fuel usage and government subsidies since the the 2009 G20 summit, during which representatives from 20 countries discussed global financial and socioeconomic issues and agreed to “phase out and rationalize over the medium term inefficient fossil fuel subsidies.”. Costs ranged from a low of 0.3%
HydroWing, in partnership with Tocardo, introduced the THyPSO (Tidal Hydrogen production, Storage and Offtake), a concept that creates green hydrogen from the sea, contributing to the wider global decarbonization of energy systems. THyPSO has capacity to hold up to two weeks’ worth of hydrogen production in pressurized storage tanks.
Global technology and power solutions leader Cummins Inc. The Cummins electrolyzer system is installed at the Air Liquide hydrogen production facility in Bécancour, Québec. This is a modular and scalable electrolyzer platform designed to address utility-scale hydrogen production.
the developer of a technology to produce renewable hydrogen using sunlight and water ( earlier post ), is working with Suzhou GH New Energy Co. a division of GCL Poly, in China to make the final modifications to the solar cells required to manufacture the Gen 1 hydrogen production panels to be used in demonstration pilot plants.
Neste and Kinder Morgan are transforming existing terminal assets into what can be considered green infrastructure, which will ultimately enable more American businesses and cities to power their fleets and supply chains with renewable fuels and other products. —Jeremy Baines, President of Neste US.
Industrial gases leader Air Products, and its subsidiary Air Products Canada Ltd., Aligned with that vision, Air Products began work in 2018 on the core of this world-scale energy complex in Edmonton, which will begin with a transformative $1.3 The project relies on an innovative combination of well-established technologies.
General Motors plans to source 100% renewable energy to power its US sites by 2025—five years earlier than previously announced, and 25 years ahead of its initial target that was set in 2016. Sourcing renewable energy is a critical component of GM’s plans to decarbonize its portfolio.
Arcadia’s technology matches home energy consumption with renewable energy sources from a variety of US wind and solar projects using renewable energy certificates, all without any installation or disruptions to their utility service. Audi aims to achieve net CO 2 neutrality globally across the lifecycle of its vehicles by 2050.
million to 10 industry-led projects to advance nuclear technologies, including two aimed at expanding clean hydrogen production with nuclear energy. The 50 kW demonstration will prove that high-efficiency syngas production can be achieved at low capital-cost using GRC’s unique thermal-spray-based SOCC technology.
Production of the Audi Q4 e-tron has finally started in Zwickau. At the multi-brand plant in Zwickau, the Audi Q4 e-tron will be rolling off the same production line as the Volkswagen ID.4 The Audi Q4 e-tron will be unveiled to a global audience in the middle of April and launched on the European markets in the summer of 2021.
Heliogen and Bloom Energy have successfully demonstrated the production of green hydrogen by integrating the companies’ technologies: Heliogen’s concentrated solar energy system and the Bloom Electrolyzer. By using less electricity, hydrogen production is more economical and accelerates adoption. Source: Heliogen.
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.
subsidiaries of Shell plc, have taken the final investment decision to build Holland Hydrogen I, which will be Europe’s largest renewable hydrogen plant once operational in 2025. The 200MW electrolyzer will be constructed on the Tweede Maasvlakte in the port of Rotterdam and will produce up to 60,000 kilograms of renewable hydrogen per day.
Cummins will supply a 35-megawatt (MW) proton exchange membrane (PEM) electrolyzer system for Linde’s new hydrogen production plant in Niagara Falls, New York. The new plant will be the largest electrolyzer installed by Linde globally and will more than double Linde’s green liquid hydrogen production capacity in the United States.
Utilization of renewable solar energy is crucial for addressing the global energy and environmental concerns and achieving sustainable development. Efficiency accreditation and testing protocols for particulate photocatalysts toward solar fuel production. Credit: DICP. 2021.01.001.
By achieving this accelerated goal, GM expects to avoid the production of an estimated 1 million metric tons of carbon emissions that would have been produced between 2025 and 2030, equal to the emissions produced by burning 1 billion pounds of coal. Sourcing renewable energy is a critical component of GM’s plans to decarbonize.
Excluded from the agreement are Belgium, Luxembourg and The Netherlands, where Ventraco will continue to supply the products. The product improves the properties of weathered and hardened bitumen, rejuvenating old bitumen or reclaimed asphalt pavement (RAP). Many roads will have to be renewed in the next few years.
Louisiana Governor John Bel Edwards and Air Products Chairman, President, and CEO Seifi Ghasemi announced a $4.5-billion Air Products is a world-leading industrial gas company that produces and transports hydrogen and other essential industrial gases to many customer facilities in Louisiana, across the US Gulf Coast and around the world.
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