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Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

Green Car Congress

Huge and immediate need for renewable-based fuels in shipping represents opportunity for investors, according to ‘Fuelling the Fourth Propulsion Revolution’ report released today. Particular opportunity for the Global South identified as net-zero fuel production costs expected to be up to 20% lower in Latin America and Africa.

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Tesla publishes Master Plan Part 3; $10.4T for a sustainable global energy economy

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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.) Tesla has now done so.

Economy 464
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BMW Group secures CO2-reduced steel for global production network

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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. If electricity from renewable energies is used for this process, then steel production is almost CO 2 -free.

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The influence of the US lithium sector on the global renewable energy landscape

Innovation News Network

Learn about the role of the US lithium sector in shaping the future of the global renewable energy landscape. The post The influence of the US lithium sector on the global renewable energy landscape appeared first on Innovation News Network.

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IIASA-led study proposes Underground Gravity Energy Storage as long-term energy storage solution for renewables

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Renewable energy sources are central to the energy transition toward a more sustainable future. The new technique—called Underground Gravity Energy Storage (UGES)—proposes an effective long-term energy storage solution while also making use of now-defunct mining sites, which likely number in the millions globally.

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Neste investing €1.9B to expand renewable products refinery in Rotterdam; 1.2 Mtpa of SAF

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Neste Corporation has made the final investment decision to invest into new renewable products production capacity in Rotterdam. The decision is based on demand for renewable products growing substantially with customers’ higher climate ambitions. million ton capacity for renewable products in Rotterdam is the largest in Europe.

Renewable 273
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bp and Oman form strategic partnership to progress significant renewable energy and hydrogen development

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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.

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