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IG Metall warns that Krupp Mannesmann steel plant may fail due to lack of financing for conversion to climate-neutral steel production

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The union called on the shareholders of HKM to commit themselves clearly to the future of the traditional steel mill and to invest now in its conversion. By 2025 HKM will have taken measures to reduce CO 2 emissions by at least 30% when compared to 2014. There are currently 3,100 steel workers employed there.

Financing 221
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Petrobras ready to launch renewable diesel production upon regulatory approval

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Anelise Lara, the head of Petrobras’ refining, announced that the company is ready to begin production of renewable diesel from soy or other edible oils at commercial scale. Petrobras recently successfully concluded tests on an industrial scale for the production of renewable diesel.

Renewable 236
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Study finds shifts to renewable energy can drive up energy poverty

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Efforts to shift away from fossil fuels and replace oil and coal with renewable energy sources can help reduce carbon emissions but do so at the expense of increased inequality, according to a new study by researchers at Portland State University (PSU) and Vanderbilt University. —Julius McGee.

Renewable 292
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Ames Lab creates multifunctional nanoparticles for cheaper, cleaner renewable diesel

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Researchers at the US Department of Energy’s Ames Laboratory have developed bi-functional nanoparticles that perform two processing functions at once for the production of renewable diesel via the hydrogenation of oils from renewable feedstocks such as algae. Iron is 100 times cheaper than nickel. Kapil Kandel, James W. 2014.04.009.

Diesel 252
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Renewable fuels and biochar company Cool Planet closes on $100M Series D financing

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Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. Catalytic Conversion: Cool Planet has developed a number of proprietary catalytic conversion processes to convert these useful hydrocarbon components into different types of fuels.

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U of I study: synthetic fuels via CO2 conversion and FT not currently economically & environmentally competitive

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However, they noted, that with the right combination of high FT fuel yield and low electricity and hydrogen price, the synthetic fuel system could produce fuels at a cost range similar to the reference year 2014 petroleum-based fuel prices. Xuping Li, Paul Anderson, Huei-Ru Molly Jhong, Mark Paster, James F. Stubbins, and Paul J. 6b00665.

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USDA provides $91M loan guarantee to Cool Planet for biogasoline blendstock plant; biomass pyrolysis and catalytic conversion

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Cool Planet has devised a biomass-to-liquids thermochemical conversion process that simultaneously produces liquid fuels and sequesterable biochar useful as a soil amendment. Pine chips will be the feedstock source for the Cool Planet facility, but the company can use almost any type of renewable cellulosic material. Earlier post.).