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Ammonia market to triple by 2050 with nearly all growth coming from low-carbon supply; shift to energy markets

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The global market for ammonia is poised to triple in the coming decades with nearly all of the growth coming from low-carbon ammonia, according to a new analysis by S&P Global Commodity Insights. The rapid growth in ammonia driven by low-carbon supplies will change the current market beyond recognition.

Market 195
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ARPA-E to award up to $45M to support developing marine CO2 removal industry; SEA CO2

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The US Department of Energy (DOE) Advanced Research Projects Agency - Energy (ARPA-E) will award up to $45 million in funding to support a new program aimed at facilitating the development of the marine carbon dioxide removal (mCDR) industry through scalable Measurement, Reporting and Validation (MRV) technologies.

CO2 468
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RMI report maps out pathway for zero-carbon steel industry in China

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A new report from RMI (Rocky Mountain Institute) finds that it is technically and economically feasible for China’s steel industry to decarbonize by 2050 through demand reduction, steel recycling and switching to green routes. This makes the steel industry the country’s second-largest carbon emitting sector behind power generation.

Carbon 243
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Schlumberger and RTI International partner to accelerate the industrialization of NAS carbon capture technology

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Schlumberger has entered into an agreement with RTI International , a nonprofit research institute, to accelerate the industrialization and scale-up of its proprietary non-aqueous solvent (NAS) technology, which enhances the efficiency of absorption-based carbon capture.

Carbon 199
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LCA finds EMN high-purity manganese products have lower carbon footprint than incumbent industry

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Highlights of the results include: The GWP of HPEMM produced at Chvaletice, using 100% renewable power, is 64% lower than the estimated GWP of HPEMM produced by the incumbent industry. HPMSM produced via EMM dissolution has a carbon footprint 59% lower at Chvaletice compared to HPMSM produced in China.

Carbon 243
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Oxford spin-out OXCCU raises US$22.8M to transform carbon dioxide into sustainable aviation fuel

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OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 million) Series A financing round.

Carbon 418
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Raven SR and Chart Industries to collaborate on hydrogen and carbon capture

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Raven SR, a renewable fuels company, and Chart Industries will collaborate globally on the liquefaction, storage, and transportation of hydrogen as well as pure carbon dioxide produced from Raven SR’s non-combustion Steam/CO 2 Reformation process of converting waste to renewable fuel. —Matt Murdock, CEO of Raven SR.

Hydrogen 170