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The company will build two plants with a total capacity of 2 GW to produce green hydrogen. To generate the renewable electricity needed to feed production of green hydrogen, Cepsa will develop a 3GW portfolio of wind and solar energy projects with an additional €2-billion investment.
While there is global potential to generate renewable energy at costs already competitive with fossil fuels, a means of storing and transporting this energy at a very large scale is a roadblock to large-scale investment, development and deployment. Generation 2 moves the Haber-Bosch process to renewable sources of hydrogen.
Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. Among other projects, the Santiago de Chile-based company is building the Haru Oni eFuel pilot plant in Punta Arenas (Chile). AME remains the majority shareholder of HIF Global LLC.
For Umicore this investment represents the final step in establishing a global production presence with battery material value chains that are regionally fully integrated to support its customers in their fast transformation towards sustainable electric mobility.
Australia-based Lynas Rare Earths Limited entered into an agreement with the US Government to build a commercial Light Rare Earths separation plant in the United States, through a wholly owned subsidiary, Lynas USA LLC. The Texas plant will ensure the US has a secure domestic source of high quality separated Rare Earth materials.
LG Chem will start replacing fossil feedstock commonly used in the manufacturing of polymers and chemicals with Neste Renewable Hydrocarbons in the upcoming months. Photo: Panoramic view of LG Chem’s petrochemical complex in Yeosu, South Korea.
ADM plans to build North Dakota’s first dedicated soybean crushing plant and refinery to meet fast-growing demand from food, feed, industrial and biofuel customers, including producers of renewable diesel. Soybean processing flowchart from the National Oilseed Processors Association (NOPA).
The partners from industry and power generation will use this facility to research into future breakthrough technologies which are needed to meet global climate goals over the long-term. Global demand for hydrogen is projected to increase tenfold by 2050, to around 6 trillion cubic meters. Earlier post.).
Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. This includes spending on renewables such as wind and solar as well as grid and other infrastructure. Closing this 2.7
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.
The plant will feature SGH2’s technology, which will gasify recycled mixed paper waste to produce green hydrogen that reduces carbon emissions by two to three times more than green hydrogen produced using electrolysis and renewable energy, and is five to seven times cheaper. That’s why our partnership with SGH2 is so important.
The partnership is part of Europe’s strategic industry initiative, the European Battery Alliance, aimed at building an independent, sustainable, and resilient battery industry in Europe. As a result, the carbon footprint of the production process could even be negative. —CEO of EIT InnoEnergy Germany, Christian Müller.
Building on its capability of proactive transformation, Neste has initiated a strategic study on transitioning its refinery in Porvoo, Finland to non-crude oil refining and into a globally leading renewable and circular solutions site. Neste’s growth strategy is centered on renewable and circular solutions.
In February 2022, GTI Energy, S&P Global Commodity Insights and the National Energy Technology Laboratory (NETL) launched the Open Hydrogen Initiative (OHI), a collaboration to further transparency into the environmental impact of hydrogen production and help unlock its full potential as an important driver of energy transitions.
Aker Solutions is already a leading supplier to oil and gas companies globally and will continue to maintain this market position. The ambition is to generate one-third of its revenue from renewable energy projects and low-carbon solutions by 2025, and two-thirds by 2030. e-Fuels production use electrical power in the process.
Ford Motor Company will build two new massive, environmentally and technologically advanced campuses in Tennessee and Kentucky that will produce the next generation of electric F-Series trucks and the batteries to power future electric Ford and Lincoln vehicles. billion BlueOvalSK Battery Park—creating 5,000 jobs. Ford Blue Oval City.
DME is a hydrogen-rich molecule that can be produced from waste and/or renewable resources using Oberon’s modular production technology. Because DME handles like propane/liquefied petroleum gas (LPG), it requires minimal modifications to the existing global LPG distribution network and leverages the expertise of its existing workforce.
Seamless electrified ecosystem required from rock to road to secure the North American automotive industry Battery development and production is strategically important for the transition to clean-energy economy and to remain globally competitive Sustainable lithium mining and processing is an essential component of this ecosystem.
The National Renewable Energy Laboratory (NREL) has released a comprehensive vision for deeply decarbonizing transportation. It is a strategy rooted in cross-cutting research and engineering to enable industry stakeholders, communities, government agencies, and early adopters to meet their climate goals.
Hyliion, a developer of electrified powertrain solutions for Class 8 semi-trucks, has formed the Hypertruck Innovation Council, a group of fleet, logistics, and transportation industry leaders that will actively support the development of Hyliion’s Hypertruck powertrain solution.
Global Bioenergies will soon be receiving €2.6 —Marc Delcourt, CEO of Global Bioenergies. Global Bioenergies and Cristal Union created the joint venture IBN-One. Global Bioenergies and Cristal Union created the joint venture IBN-One. million and IBN-One €0.5 Earlier post.).
Under the agreement, the two parties will collaborate to build and operate a combined hydrogen production and refueling facility at ATCO’s existing facility in Jandakot in the Perth metropolitan area, with the possibility of wider deployment across the State.
Building on an existing collaboration announced on 27 Jun 2018 with Ballard Power Systems, the leading global provider of proton exchange membrane (PEM) fuel cell solutions, ABB and HDF intend to optimize fuel cell manufacturing capabilities to produce a megawatt-scale power plant for marine vessels.
Italy-based Snam, a global energy infrastructure company, and RINA, a global testing, inspection, certification and engineering consultancy services firm, have signed a Memorandum of Understanding to collaborate in the hydrogen sector, in order to realize the significant potential of hydrogen as a fundamental energy carrier.
The report, Opportunities for hydrogen in commercial aviation , which had technical input and funding from The Boeing Company, finds that growing hydrogen industry momentum could provide an opportunity to introduce hydrogen for niche airport applications (such as ground support equipment) as early as 2025. —Dr Marshall.
It will also act as a base for defining Wärtsilä’s role in this field as part of the global transition to carbon-neutral solutions. In the future, fossil fuels will be replaced by these renewable synthetic fuels to mitigate climate change, the company said.
The signing follows the two companies’ showcase of their green hydrogen technologies at the 23 August 2022 German-Canadian Atlantic Renewable Hydrogen Expo in Stephenville, Newfoundland, which was attended by Canadian Prime Minister Justin Trudeau and German Chancellor Olaf Scholz. The financial terms of the agreement were not disclosed.
These fuel cell generators could ultimately replace gas- and diesel-burning generators with fewer emissions at worksites, buildings, movie sets, data centers, outdoor concerts and festivals. —Charlie Freese, GM executive director of the global HYDROTEC business. Mobile Power Generator. Retail EV Charging Stations.
Researchers from the University of Birmingham have designed a novel adaptation for existing blast furnaces that could reduce CO 2 emissions from the steelmaking industry by nearly 90%. Iron and steelmaking is the biggest emitter of CO 2 of all foundation industrial sectors, accounting for 9% of global emissions. Kildahl et al.
Global technology and power solutions leader Cummins Inc. Here we are seeing how green hydrogen can improve sustainability for industrial manufacturing and how the demand for decarbonized hydrogen solutions will grow. The Cummins electrolyzer system is installed at the Air Liquide hydrogen production facility in Bécancour, Québec.
Electrochemical reduction of carbon dioxide (CO 2 ) is a promising approach to solve both renewable energy storage and carbon-neutral energy cycle. C 2+ alcohols are desirable due to their high energy densities and large global market capacities. 2020.12.011.
An estimated 387GW/1,143GWh of new energy storage capacity will be added globally from 2022 to 2030, according to the forecast—more than Japan’s entire power generation capacity in 2020. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.
Mexico-based global construction materials company CEMEX is partnering with integrated chemicals and energy company Sasol ecoFT and renewable energy company ENERTRAG to combine CO 2 with hydrogen to produce sustainable aviation fuel. ENERTRAG is a renewable-energy company based in Brandenburg, Germany.
It creates a transnational living lab and basis for the development of the zero-emission heavy-duty vehicle industry. In a globalized world, sustainable and clean fuels are essential for climate-neutral logistics. The project shows that we can achieve truly emission-free logistics in Europe if we join forces and build on experience.
Neste and Rolls-Royce have agreed to build a strategic partnership on accelerating the use of renewable diesel as a lower-emission solution for diesel engines. Our collaboration with Neste, the world’s leading producer of renewable diesel, will help us achieve our goals and those of our customers. million tons annually.
Neste and CIM are committed to supporting and accelerating the transition of the aviation industry from conventional jet fuel use to SAF, which is widely acknowledged as a key element in helping achieve aviation’s ambitious emissions reduction goals. We have also announced the expansion of our Rotterdam renewables refinery.
As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA. —IEA Executive Director Fatih Birol.
Sustainable materials leader Genomatica and Japan-based diversified global manufacturer Asahi Kasei announced a strategic partnership to commercialize renewably-sourced nylon 6,61 made from Genomatica’s bio-based HMD (hexamethylenediamine, also abbreviated as HMDA) building block.
The new partnership is in addition to British Airways’ existing partnership with Velocys to build a sustainable aviation fuel plant in the UK, which could produce SAF from 2025. The LanzaJet partnership is a collaboration between British Airways and Hangar 51, International Airlines Group’s (IAG) industry leading accelerator program.
The storage battery market is expected to continue growing in light of the spread of renewable energy and electrified vehicles, as well as the global trend toward carbon neutrality.
Neste, the leading provider of renewable diesel and sustainable aviation fuel, and an expert in delivering drop-in renewable chemical solutions, has acquired a minority stake in Sunfire GmbH , a developer of high-temperature electrolysis technology. One of these fields of innovation is Power-to-X.
Polestar and Rivia have collaborated on a ‘ Pathway Report ’ which concludes that the automotive industry is set to overshoot the IPCC’s 1.5-degree The report, which uses existing, open-source data to model the current trajectory for emissions stemming from the car industry, was carried out by global management consulting firm Kearney. …
Portfolio upgrades, enhancing efficiency, increasing renewable energy purchases, reducing throughput and sales of fossil refinery products, and increasing the share of recycled and sustainable feedstocks will be the key levers in achieving these targets. OMV’s goal is to become a leading global supplier of specialty polyolefin solutions.
The developments will serve as a test bed for large-scale, cost-efficient hydrogen production and will prove the feasibility of reliable, effective implementation of wind turbines in systems for producing hydrogen from renewable energy.
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