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Saga Pure takes 12% stake in blue hydrogen, ammonia developer Horisont Energi

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Horisont Energi, based in Stavanger, Norway, is developing blue hydrogen, blue ammonia and carbon storage solutions. For this project it is the intention to place the production plant in Finnmark, which is the Northernmost county in Norway. million) in a gross NOK 150-million (US$17.6-million) in Horisont Energi.

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Hystar raises $5.9M+ to develop and commercialize its high-efficiency thin-membrane PEM electrolysis tech

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AP Ventures , a significant investor in breakthrough hydrogen technologies, led the fundraise, alongside SINTEF Ventures, the investment fund of the SINTEF research institute, and Firda, a pioneering early-stage investor in Norway. Leveraging SINTEF’s work in its HieffPEM project, the Hystar technology features the use of a thin membrane.

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H2morrow steel concludes feasibility study of blue hydrogen for steel mill; partners to continue cooperation

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Going forward, the partners intend to continue working on further details and build the basis for potential investment decisions. The study concludes that economically viable transport via pipeline is possible with the cost of pipeline transport being minor compared to the cost of hydrogen production.

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Bain: Germany’s goal of 1M electric cars by 2020 is unattainable; fewer than 50,000 units on road by end of this year

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The German Federal Government plan to have one million electric cars on its roads by 2020 has failed, according to the analysis of international management consulting firm Bain & Company. In terms of international electric car market share, Germany with 0.6% (as of 1Q 2015) is far behind Norway (33.1%) and the Netherlands (5.7%).

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DOE awards $4M to carbon capture and storage projects selected as part of ACT

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The US Department of Energy’s (DOE) Office of Fossil Energy (FE) announced $4 million in federal funding for national laboratories to collaborate with international partners on seven projects out of the 12 that were selected as a part of the Accelerating Carbon Capture and Storage Technologies (ACT) Initiative.

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US and Japan successfully complete Arctic field trial of gas hydrate production technology using CO2-methane exchange within structure

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The production technology was developed through laboratory collaboration between the University of Bergen, Norway, and ConocoPhillips. Such an effort would again require engaging private sector and international partners. As part of this exchange demonstration, the depressurization phase of the test extended for 30 days.

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What is Decarbonization?

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Decarbonization efforts focus on replacing fossil fuels with low-carbon or no-carbon energy sources for the transportation, electricity generation, industry, agriculture, commercial (buildings and cooling/heating), and residential sectors. Norway is the world’s leader in renewable energy use, with 45% of generation from hydropower. .

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