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EDP, TechnipFMC and partners to develop a concept study for green hydrogen production from offshore wind: BEHYOND

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coordinator and the entity responsible for the implementation of several phases: the strategic evaluation of the offshore wind-to-hydrogen market; the definition of viable business cases; and the technology roadmap to reach commercial maturity. EDP, through the participation of EDP NEW and EDP Inovação, is the project.

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Cepsa to invest €3B in Andalusia to build the largest green hydrogen hub in Europe; additional €2B for renewable power

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To generate the renewable electricity needed to feed production of green hydrogen, Cepsa will develop a 3GW portfolio of wind and solar energy projects with an additional €2-billion investment. It also has one of the highest wind and solar photovoltaic power generation and production capacity in Europe, and at the lowest cost.

Hydrogen 397
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Kinder Morgan and Neste partner on major renewable fuels logistics project in US

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The scope of work also includes the installation of a new boiler for heating tanks and railcars and infrastructure improvements for rail, truck and marine movements. This is a major advantage, enabling renewable products to replace fossil products faster and more affordably, the companies said.

Renewable 320
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Element 1 and NEXA Capital partner on methanol-based hydrogen generation for electric vertical aircraft

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Compared to conventional fuels, renewable methanol produced from biomass, wind and other processes cuts carbon dioxide emissions by up to 95%, reduces nitrogen oxide emissions by up to 90%, and completely eliminates sulfur oxide and particulate matter emissions.

Hydrogen 170
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ABS provides first approval in principle for floating Rankine cycle renewable energy plant

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Marine classification society ABS has issued its first Approval in Principle (AIP) for a new concept renewable energy design in which a moored spar uses ammonia in a closed-cycle process to produce electrical power for a commercial utility grid. —Barry Cole, OTI’s Executive Vice President and Director of Technology Development.

Renewable 296
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ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

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billion, as the world’s population grows and more people in developing economies are able to afford cars. Diesel will also play a more significant role in the marine sector in the latter half of the Outlook period, in response to stricter marine emissions standards. Demand for jet fuel will also grow close to 75%.

Oil-Sands 309
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DOE BETO releases new strategic plan; biofuels to constitute 25% of US transportation fuels by 2040

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Most sources of alternative energy, such as solar, wind, and geothermal, produce electrical power while biofuels and biochemicals can directly replace petroleum-derived liquid fuels and chemicals compatible with today’s infrastructure. Cultivating end-use markets and customers. Expanding stakeholder engagement and collaboration.