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Porsche strengthens commitment to industrial production of eFuels with $75M investment in HIF Global

Green Car Congress

Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. Initiated by Porsche and implemented with partners including Siemens Energy and ExxonMobil, production of eFuels from hydrogen and CO 2 using wind energy is expected to start there in mid-2022.

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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. trillion of that going to wind and solar and a further $1.5 BNEF sees $1.3

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Australia Goes All-in on Green Hydrogen

Cars That Think

Welcome to Australia, where a green-hydrogen boom is in full swing. And while coal plants still supplied over half of Australia’s power in 2021, change is afoot. The government elected last year passed the country’s first climate-action law in more than a decade. Phantom projects are not a problem confined to Australia.

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Wind-to-Hydrogen Tech Goes to Sea

Cars That Think

Many countries have met their climate goals and are on track to be completely carbon neutral. Wind and solar parks produce a large portion of their energy. Then, as now, wind farms are operating off the world’s coasts—but not all of these offshore sites are connected to the mainland via underwater power cables.

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bp and thyssenkrupp Steel to advance the decarbonization of steel production; low-carbon hydrogen and renewable power

Green Car Congress

By replacing the coal-fired blast furnaces with direct reduction plants in which iron ore is reduced with low-carbon hydrogen, thyssenkrupp Steel intends to make steel production climate-neutral in the long term. Steel accounts for 8 to 11% of global CO 2 emissions. Arnd Köfler, Chief Technology Officer at thyssenkrupp Steel.

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CSIRO/BOM: Australias Mean Temperature has Risen 0.7 C Since 1960, Climate Change is Real

Green Car Congress

An increase in the mean temperature in Australia of about 0.7 °C CSIRO, Australia’s national science agency, and the Bureau of Meteorology are the country’s two lead climate science agencies. CSIRO, Australia’s national science agency, and the Bureau of Meteorology are the country’s two lead climate science agencies.

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Norsepower Rotor Sails delivered 8.2% fuel savings in year-long sea trials

Green Car Congress

The Rotor Sails deliver auxiliary wind propulsion to the vessel—which has operated in conditions ranging from tropical climate to arctic conditions in Europe, Middle East, Asia and Australia—thereby optimizing energy efficiency and reducing fuel consumption.

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