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3 Oil Majors That Bet Big On Renewables

Green Car Congress

Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. 1 Equinor.

Oil 418
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Fukushima Hydrogen Energy Research Field (FH2R) completed in Japan; aiming for low-cost green hydrogen production; P2G

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Japan’s New Energy and Industrial Technology Development Organization (NEDO), Toshiba Energy Systems & Solutions Corporation (Toshiba ESS), Tohoku Electric Power Co., The FH2R can produce as much as 1,200 Nm 3 of hydrogen per hour (rated power operation) using renewable energy.

Low Cost 450
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Japan V2G demonstrator project using EVs as virtual power plant resource; METI funding

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Seven companies—Tokyo Electric Power Company Holdings, Inc. TEPCO Power Grid, Inc.; Hitachi Systems Power Service, Ltd.; Scope of demonstration system to be built in FY 2018. Japan is promoting the adoption and expansion of renewable energy sources as a measure to reduce greenhouse gases.

Japan 218
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JERA and Toyota deploy first large capacity Sweep Energy Storage System with second-life batteries

Green Car Congress

The system was built using batteries reclaimed from electrified vehicles (HEV, PHEV, BEV, FCEV) and is connected to the consumer electrical power grid. JERA and Toyota began discussions in 2018 to establish battery reuse technologies, which eventually led to this large-capacity, grid-connected Sweep Energy Storage System.

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thyssenkrupp’s water electrolysis technology qualified as primary control reserve in Germany; hydrogen production for the electricity market

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In the future thyssenkrupp’s electrolysis plants will be able to act as large-scale buffers to stabilize the power grid and compensate fluctuations quickly and flexibly. Operators can now link their plants to the German electricity market via E.ON’s virtual power plant. With this we have achieved a further important goal.

Water 337
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Largest pilot plant for CO2-neutral production of hydrogen begins operation at voestalpine site in Linz

Green Car Congress

As part of the EU-funded H2FUTURE project, partners voestalpine, VERBUND, Siemens, Austrian Power Grid, K1-MET and TNO are researching into the industrial production of green hydrogen as a means of replacing fossil fuels in steel production over the long term. In the business year 2018/19, the Group generated revenue of €13.6

Hydrogen 221
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Arizona State University Professor’s Work to Stabilize the Grid Pays Off

Cars That Think

Whenever new technologies are introduced into the power grid, there’s always a chance they could disrupt the system, possibly even leading to blackouts. Finding ways to deal with the impact on the grid caused by incorporating renewable energy has been the focus of Vijay Vittal ’s research for nearly 20 years.

Arizona 87