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At the moment, the Caucasus nations dont produce enough renewable electricity to export it, so they would have to build at least three times more capacity. After the collapse of the Soviet Union, production and export of oil and gas proved instrumental in lifting Azerbaijan out of post-Communist poverty.
bp released the 70 th annual edition of the bp Statistical Review of World Energy ; the data collected in this year’s edition includes energy data for 2020. in 2020—the largest annual decline since 1945. Carbon emissions from energy use fell by more than 6% in 2020, the largest decline since 1945. million b/d). The US (-2.3
In August 2020, Phillips 66 announced that it planned to reconfigure its San Francisco Refinery in Rodeo, California, to produce renewable fuels. The plant will no longer produce fuels from crude oil, but instead will make fuels from used cooking oil, fats, greases and soybean oils. Earlier post.).
Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9
The California Air Resources Board (CARB) Executive Officer has certified the 2020 annual update to the carbon intensities (CI) of the lookup table pathways for a) California Average Grid Electricity Used as a Transportation Fuel in California and b) Electricity Supplied under the Smart Charging or Smart Electrolysis Provision. gCO 2 e/MJ.
Biofuels producer Renewable Energy Group joined Iowa State University (ISU) at the BioCentury Research Farm (BCRF) to mark the start of a new hydrotreater pilot plant. REG converts waste and byproduct fats and oils into biodiesel and renewable diesel.
Neste Oil has joined the ITAKA (Initiative Towards Sustainable Kerosene for Aviation) project, which is being funded by the EU to support the commercialization and use of renewable aviation fuel comprising hydroprocessed esters and fatty acids in Europe. Neste Oil will produce a total of 4,000 tons (roughly 1.3
Argonne National Laboratory’s Systems Assessment Center has released the 2020 version of the suite of GREET models and associated documentation. GREET now includes two e-fuel pathways with Fischer-Tropsch (FT) synthesis process and two e-fuel pathways for methanol (MeOH) production using CO 2 (from corn ethanol plants) and renewable H 2.
The majority (62%) of the plantations were located on the island of Sumatra, and more than two-thirds (69%) of all industrial plantations were developed for oil palm cultivation, with the remainder mostly being Acacia plantations for paper pulp production. —Miettinen et al. Earlier post.).
has developed proprietary, breakthrough processes that convert either low-carbon isobutanol or low-value fusel oils—a mixture of alcohols that are byproducts from fermentation processes such as alcohol production—into renewable diesel. Gevo expects this to open yet another door for Gevo products.
Once built, the facility will be among the largest in Europe to produce sustainable aviation fuel (SAF) and renewable diesel made from waste. Hydrogen and high-pressure steam are then used in the production process to convert oils into fuels (hydroprocessing), helping to reduce the fuel’s carbon intensity.
Estimated consumption subsidies, industrial and developing countries, fossil fuels and renewables. Fossil fuel subsidies continue to far outweigh support for renewable energy, according to new research conducted for the Worldwatch Institute’s Vital Signs Online service. Oil demand would be reduced by 3.7 Source: Worldwatch.
A new analysis by European environmental NGO Transport & Environment finds that Europe burns more than 17,000 tonnes of rapeseed and sunflower oil every day—the equivalent of 19 million 1-liter bottles. Supermarkets have had to ration vegetable oils and prices are soaring. In a time of scarcity we must prioritize food over fuel.
Israel-based Galten Biodiesel has signed a NIS 225-million (US$60-million) contract to supply 60,000 of Jatropha oil to Finland-based Neste Oil, the producer of NExBTL renewable fuels, beginning in 2014. Galten operates its first Jatropha plantation in Ghana. Forecasts see this year's European biodiesel market worth $40 billion.
Upon completion of the project, Kinder Morgan’s Harvey, Louisiana facility will serve as the primary hub where Neste will store a variety of raw materials including, for example, the used cooking oil it collects from more than 40,000 restaurants across the United States. —Jeremy Baines, President of Neste US.
Sinopec) unit has completed production trials of a waste cooking oil to renewable aviation kerosene process, and plans to be ready to seek airworthiness certification from the government in January. has a capacity of producing 20,000 tons (about 588 thousand gallons US) of aviation biofuel from used cooking oil each year.
The biojet fuel, made from used cooking oil, will be delivered to French airports starting in April 2021. Total started up production at the La Mède biorefinery—converted from a former oil refinery—in 2019. Total will not use vegetable oils as feedstock. An 8-megawatt solar farm that can supply 13,000 people.
As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. In a speech made at the Association of International Petroleum Negotiators’ 2017 International Petroleum Summit, Johnston laid out his concerns for the future of oil. oil may not be able to fill.
U-Haul—the largest US retailer of propane—has purchased one million gallons of renewable propane to sell at its company-owned and -operated stores across California for the second year in row. No cost increase is passed on to U-Haul customers as a result of the renewable propane initiative. Earlier post.)
Gold Hydrogen is a novel source of carbon neutral hydrogen produced from depleted oil reservoirs that are ready for plug and abandonment, extending the life of wells that would otherwise be a significant burden. billion in 2020. According to recent studies, the global green hydrogen market size was valued at US$0.3 billion by 2028.
China is about to become the largest oil-importing country and India becomes the largest importer of coal by the early 2020s. The Middle East becomes the world’s second-largest gas consumer by 2020 and third-largest oil consumer by 2030, redefining its role in global energy markets. Mobility and oil. Source: IEA.
US production capacity for renewable diesel could increase significantly through 2024, based on announced projects and those that are under construction, according to the US Energy Information Administration (EIA). As of the end of 2020, we estimate US production capacity for renewable diesel totaled nearly 0.6
In an EU-funded research project, an international consortium is aiming to develop new production methods for sustainable marine fuels to replace heavy fuel oils in shipping. IDEALFUEL seeks to develop methods to convert woody residual and waste materials such as sawdust and wood chips into renewable marine fuels.
The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. While diesel and oil-based power is still uneconomic at $60/barrel, the pressure to switch is reduced.
The UK’s LowCVP has published twin reports which set out how the UK could meet its 2020 targets defined in the EU’s Renewable Energy Directive, and proceed on a pathway to decarbonize road transport fuel in the period to 2030 and beyond. Illustrative impact of the fuel roadmap. Source: LowCVP, Element Energy. Click to enlarge.
France’s Constitutional Council, the highest constitutional authority in the country, ruled in favor of excluding palm oil from the list of biofuels that enjoy tax incentives. The decision enters into force on 1 January, 2020. Oil company Total has estimated it is worth between €70 million and €80 million per year.
Renewable diesel net supply to California’s fuel market has increased since the state’s Low Carbon Fuel Standard (LCFS) program went into effect in 2011, reaching 100 million gallons during the second quarter of 2018, or 10.1% Much of this low carbon intensity fuel is made from used cooking oil feedstock.
The US Department of Energy (DOE) will award ( DE-FOA-0000996 ) up to $12 million in funding to advance the development of a cost-competitive pathway to produce high-performance carbon fiber for vehicle lightweighting from renewable non-food biomass. lb by 2020 suitable for vehicle structural components. Background.
Premium Renewable Energy (Malaysia) Sdn. has selected Envergent Technologies LLC, a Honeywell company, to perform the engineering design for a project that will use Envergent’s RTP Rapid Thermal Processing technology ( earlier post ) to convert palm biomass to renewable heat and electricity.
The LCFS regulation mandates a 10% reduction in the carbon intensity (CI) of transportation fuels used in California by 2020. Credits have been generated primarily from ethanol (62%), but also from renewable diesel (15%), biodiesel (12%), and from natural gas (9%). Refinery-Specific Crude Oil Incremental Deficit Accounting.
Increased use of renewable fuels by the US Department of Defense (DoD) contributes to US national security interests, achieves Service energy security goals, and offers some limited military utility, according to a new report released by DoD. this reduced premium, the Services’ renewable fuel goals could still impose $2.2
UPS announced agreements for up to 46 million gallons of renewable diesel over the next three years, constituting a 15-fold increase over prior contracts and making UPS one of the largest users of renewable diesel in the world. Neste, headquartered in Espoo, Finland, is the world’s largest producer of renewable diesel.
An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. Different that shale oil—i.e., million (US$12.8
Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge. billion in 2035.
The Annual Energy Outlook 2015 (AEO2015) released today by the US Energy Information Administration (EIA) projects that US energy imports and exports will come into balance—a first since the 1950s—because of continued oil and natural gas production growth and slow growth in energy demand. —EIA Administrator Adam Sieminski.
Decreases in overall energy demand resulting from the global coronavirus pandemic will hit fossil fuels hard, while driving a shift toward renewable energy, according to a report issued last Thursday.
Ryze Renewables announced that construction is underway for two renewable diesel production facilities in Nevada. When completed, the two Ryze Renewables facilities are expected to produce a combined 11,000 barrels per day (BPD) of renewable diesel fuel for Western US and Canadian markets.
Domestic crude oil production increases sharply in the AEO2014 Reference case, with annual growth averaging 0.8 While domestic crude oil production is projected to level off and then slowly decline after 2020 in the Reference case, natural gas production grows steadily, with a 56% increase between 2012 and 2040, when production reaches 37.6
The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report.
Oy Kati Ab, a long-term drilling contractor of Keliber, a company developing a European lithium project ( earlier post ), has started to use Neste MY Non Road Diesel renewable fuel oil in the drill rig at Keliber’s exploration site in Central Ostrobothnia. The measure will reduce the emissions caused by drilling by more than 50%.
Neste began production of renewable diesel 10 years ago at the Neste Porvoo refinery in Finland. Neste has since become the leading circular economy company in biofuels and reduced GHG emissions from traffic by more than 33 million tons, based on production of the renewable bio-hydrocarbon fuel. Earlier post.)
bp has begun producing sustainable aviation fuel (SAF) from used cooking oil in co-processing process with crude oil at its plant in Lingen, Germany. Fats, Oils and Greases (FOG) co-processing is one of nine ASTM-approved conversion processes for SAF production. Earlier post.).
The US Environmental Protection Agency (EPA) released its latest set of proposed standards to reduce emissions of methane and volatile organic compounds (VOCs) from the oil and natural gas industry. The proposal also includes incentives to spur the oil and gas industry to minimize leaks.
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