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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.
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.
The Front-Loading Net Zero report states that electricity production costs could be reduced by up to 50% by 2050 if countries and states adopt 100% renewable systems faster than currently planned. Utilities should keep repeating steps 1 - 3 until their systems run on 80 – 90% renewables.
The production of renewable diesel at Neste’s Singapore refinery expansion has been restarted in early August, according to the company’s plans. The production line at the expanded part of the refinery was shut down in June for unexpected equipment repairs. Co-processed marine fuel to Swedish market. Neste Marine 0.1
Chevron USA kicked off a road trip across the US Gulf Coast to showcase an innovative new gasoline blend with more than 50% renewable content. In February 2022, a team from Argonne National Lab published a report “Carbon Intensities of Refining Products in Petroleum Refineries with Co-Processed Biofeedstocks”.
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.
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.
Now, Argent has switched its fleet from petroleum diesel to Neste MY Renewable Diesel. We decided to switch to renewable diesel once our quality and availability concerns were satisfied. We decided to switch to renewable diesel once our quality and availability concerns were satisfied. Our experience has been positive.
The project is supported by DOE’s Hydrogen and Fuel Cell Technologies Office within the Office of Energy Efficiency and Renewable Energy. The project partners will generate zero-carbon hydrogen onsite via electrolysis with solar and wind power and reformation of renewable natural gas from a Texas landfill. Frontier Energy, Inc.,
EE North America intends to construct a Power-to-X facility in Texas that would take the biogenic CO 2 from Montauk’s locations and use it in the production of e-methanol. Montauk Renewables captures methane, preventing it from being released into the atmosphere, and converts it into either RNG or electrical power for the electrical grid.
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.
AW-Energy Oy is entering the commercial hydrogen market by introducing a combined WaveRoller and HydrogenHub process for the production of green hydrogen. In AW-Energy’s concept, wave energy complements solar power production to enable large-scale green hydrogen. —Christopher Ridgewell, CEO of AW-Energy Oy.
ENGIE has taken the Final Investment Decision in the development of one of the world’s first industrial-scale renewable hydrogen projects, to be located in the Pilbara region of Western Australia. Yuri roadmap. As announced in 2021, the Yuri project is being developed with the support of a $47.5-million
In August 2020, Phillips 66 announced that it planned to reconfigure its San Francisco Refinery in Rodeo, California, to produce renewable fuels. In April, the company completed the diesel hydrotreater conversion, which will ramp up to 8,000 bbl/d (120 million gallons per year) of renewable diesel production by the third quarter of 2021.
Given the nature of wet waste resources that requires dedicated waste management practices to collect, store, treat, and dispose of the waste, shifting the waste resources from going through conventional waste management practices to utilization as feedstocks for energy production may represent an avoided cost of waste management and disposal.
Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. During 2022, over 393 deals related to hydrogen were closed, representing a significant increase compared to 277 deals registered in 2021.
SunGas Renewables Inc. announced the formation of Beaver Lake Renewable Energy, LLC (BLRE), which will construct a new green methanol production facility in Central Louisiana. The BLRE project is SunGas Renewable’s first facility to produce green methanol for Maersk.
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. Global technology and power solutions leader Cummins Inc. The Cummins PEM Electrolyzer can produce more than?3,000
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. The Refining & Marketing business is to become a leading European provider of sustainable fuels, feedstock, and mobility solutions.
Italy-based integrated energy company Eni is launching the production of alternative sustainable aviation fuel (SAF). Eni is planning on significant increases in its HVO production, and very strong growth in biojet. (“HVO: The raw materials used will be exclusively waste products such as UCO or fats. HVO: Demand Outlook”).
Hyundai Motor Company plans to ramp up the US commercial vehicle market entry with XCIENT Fuel Cell trucks. We believe that there is no way around hydrogen to realize the energy transition towards renewables. At the 2022 Advanced Clean Transportation (ACT) Expo, Hyundai Motor will share the progress of the NorCAL ZERO Project.
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.
It builds on a project launched last year to demonstrate how hydrogen production facilities could be installed at operating nuclear power plants. This is a game-changer for both nuclear energy and carbon-free hydrogen production for numerous industries. The report was published by the National Renewable Energy Laboratory.
The US Department of Energy (DOE) released draft guidance for a Clean Hydrogen Production Standard (CHPS), developed to meet the requirements of the Bipartisan Infrastructure Law (BIL), Section 40315. A lifecycle system boundary enables consistent and comprehensive evaluation of diverse hydrogen production systems.
Air Products and The AES Corporation plan to invest approximately $4 billion to build, own and operate a green hydrogen production facility in Wilbarger County, Texas. This mega-scale renewable power to hydrogen project includes approximately 1.4
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.
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.
In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050. trillion per year by 2050.
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. This manufacturing process has significant potential for CO 2 savings, compared to coal-based steel production in a blast furnace.
has set the goal to achieve carbon neutrality across the company’s operations and the life cycle of its products by 2050. As part of this effort, by the early 2030s every all-new Nissan vehicle offering in key markets—Japan, China, the US and Europe—will be electrified. Nissan Motor Co.,
Ultra Safe Nuclear Corporation (USNC), a US-based vertical integrator of nuclear technologies and services, Hyundai Engineering and SK E&C are teaming up to conduct research and development for carbon-free hydrogen production. It is also participating in a government-led green hydrogen production demonstration project.
A pathway toward sustainable steel production via ammonia-based direct reduction. a) Comparison of the predicted costs required for hydrogen and ammonia produced by renewable electricity in 2030, assuming that it is produced in Australia and then transported to Japan (reproduced based on data from the International Energy Agency).
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.
The serial production of the BMW i3 has ended , some eight and a half years after it was launched. At the same time, the BMW Group Plant Leipzig becomes the first location in the company’s global production network where BMW and MINI models are manufactured together. The BMW i3 (combined power consumption: 16.3 - 15.3
China-based Dongfang Electric Corporation (DEC) reported successful testing of non-desalinated seawater electrolysis technology for hydrogen production powered by offshore wind. The floating hydrogen production platform Dongfu One is sited in an offshore wind farm in East China’s Fujian province. —Xie et al.
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.
Blue World Technologies has started the series production of its methanol fuel cells, marked with the official inauguration of the 8,500 m 2 Blue Aalborg Factory. The fuel cell factory, which initially has an annual production capacity of 250,000 individual fuel cells, is located in an industrial area at the Port of Aalborg in Denmark.
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.
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.
The USDA ARS and BIOF are cooperating to develop production methods which can be used to increase the productivity of land in Florida formerly used for orange production prior to the devastation of the industry by citrus greening. Citrus greening is one of the world’s most serious citrus plant diseases.
billion) over the next 10 years in the production of renewable diesel and sustainable aviation fuel (SAF) through the hydrotreatment of vegetable oils and animal fat. The company is expected to start production in the first quarter of 2026. The production capacity will be 20,000 barrels/day, equivalent to the annual supply of 1.1
The BMW Group is launching production of battery components at its plants in Leipzig and Regensburg and expanding its e-drive production network. It has been less than a year since the decision was made to expand production capacity for e-drives in Germany. High-voltage batteries will also be produced in Regensburg from 2022.
bp signed a memorandum of understanding (MoU) with the Government of Egypt under which bp will explore the potential for establishing a new green hydrogen production facility in the country. Green hydrogen is produced by the electrolysis of water, powered by renewable energy.
Topsoe intends to construct the world’s largest and most advanced industrial-scale electrolyzer production plant. With our new electrolyzer production plant, we lead the way in speeding up commercial-size Power-to-X solutions, and we do it with our highly innovative technology that outmatches technologies currently in the market.
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