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3 Oil Majors That Bet Big On Renewables

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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. Equinor has announced plans to invest $10B into clean energy by 2025, mostly through its offshore wind portfolio. 1 Equinor. 2 Total SA.

Oil 418
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Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

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Huge and immediate need for renewable-based fuels in shipping represents opportunity for investors, according to ‘Fuelling the Fourth Propulsion Revolution’ report released today. This is the equivalent of the entire world’s current renewable energy production. billion in 2019. MWh to €156.40/MWh MWh in 2050).

Renewable 210
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Study: air pollution caused 1.1M deaths across Africa in 2019, toll from outdoor pollution rising

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Deaths attributable to household air pollution and ambient particulate matter (PM 2.5 ) air pollution in Ethiopia, Ghana, Rwanda, and overall in Africa, 1990–2019. Fossil fuel combustion has driven an increase in outdoor air pollution that in 2019 killed 29.15 Air pollution was responsible for 1.1 Air pollution was responsible for 1.1

Africa 397
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Mercedes-Benz Cars plants to source electricity from German wind farms

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Mercedes-Benz Cars has entered into a power purchase agreement with Statkraft, Europe’s largest producer of renewable energy, enabling Mercedes-Benz Cars to source electricity directly from wind farms in Germany, whose subsidies from the Renewable Energy Act (EEG) expire after 2020.

Wind 286
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Volkswagen previewing mobile quick charging station; trials in 2019, production in 2020

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Volkswagen is previewing the company’s future mobile quick charging station. The first mobile quick charging stations will be set up as early as the first half of 2019 in Wolfsburg as part of a pilot project, and will support the expansion of a charging infrastructure in the urban area.

2020 350
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BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

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Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Wind and solar grow from 7% of generation today to 48% by 2050. —Matthias Kimmel, NEO 2019 lead analyst.

Wind 207
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Volkswagen outlines coming changes to charging for its EVs

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In Germany, the Volkswagen brand also offers a suitable electricity supply contract with “Volkswagen Naturstrom”, to guarantee fully certified green electricity from renewable energies. Mobile charging – also with Plug & Charge in future. models with a 77 kWh battery will have this capability in future. New software for the ID.

Charging 423