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EIA: biofuels are displacing petroleum-based distillate fuel oil consumption on the West Coast

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Consumption of distillate fuel oil in the US West Coast, as measured by product supplied, decreased to its lowest level since 2002 last year and continues its decline this year, according to the latest “This Week in Petroleum” report from the US Energy Information Administration (EIA).

Oil 195
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LG Energy Solution to invest $4.5B+ in own US battery business by 2025, expanding capacity by 70GWh; possible new JV plant with GM

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The Green Field Project will provide the US with a large-scale supply of batteries to increase renewable energy sources across an array of industries, including electric vehicles. All new LG Energy Solution plants in the US will operate using 100 percent renewable energy, reinforcing the company’s dedication to its Green Field Project.

GM 305
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Wärtsilä and partners developing emissions-free barge concept

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These will be charged using energy from renewable sources. With the help of a 2000 kWh Repack container, an inland vessel can sail for two to four hours. In this way, ZES charges only for the cost of consumed renewable energy plus a rental fee for the battery container, so the skipper’s operating costs remain competitive.

Concept 357
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LME copper prices hit 7-year high

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Copper prices since 1 Jan 2000. This is due to a combination of sequential gains across most end use markets, an unprecedented and incentivized acceleration in copper-intensive renewable electricity wind power generation projects, and the start-up of multiple new large-scale wire rod plants that has expanded the industrial consuming base.

Price 541
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Dimeta and Enerkem collaborate on large scale waste-to-DME projects in Europe and US

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Enerkem, a producer of bio-methanol from mixed waste at commercial scale, and Dimeta, a joint venture between the two of the largest off-grid energy suppliers, are initiating feasibility studies for the development of two large-scale projects that will convert waste into renewable and recycled carbon dimethyl ether (DME).

Waste 150
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Argonne-led team develops new low-cost cobalt-based catalyst for PEM electrolysis

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The lack of supply and high cost of iridium pose a major barrier for widespread adoption of PEM electrolyzers. A PEMWE containing this catalyst at the anode demonstrated a current density of 2000 milliamperes per square centimeter at 2.47 The cathode catalyst yields hydrogen, while the anode catalyst forms oxygen.

Low Cost 186
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Honda begins operation of 1st wind farm by an automaker in Brazil; covering electricity needs for annual local auto production

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Honda Energy will be proactive in promoting the use of renewable energy in Brazil. By generating renewable energy to cover the electricity needed for the plant, Honda expects to reduce CO 2 emissions by more than 2,200 t annually.

Brazil 257