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Oxford spin-out OXCCU raises US$22.8M to transform carbon dioxide into sustainable aviation fuel

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OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 million) Series A financing round.

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DOE selects Arizona State University to lead new institute to drive industrial decarbonization through electrification of process heat

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The US Department of Energy (DOE) has selected Arizona State University to lead the seventh Clean Energy Manufacturing Innovation Institute.

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Siemens Energy teams up with Duke Energy, Clemson University to study hydrogen use

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Siemens Energy, Duke Energy and Clemson University have teamed up to study the use of hydrogen for energy storage and as a low- or no-carbon fuel source to produce energy at Duke Energy’s combined heat and power plant located at Clemson University in South Carolina.

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Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

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A study by University of Chicago economist Esteban Rossi-Hansberg, the Glen A. Lloyd Distinguished Service Professor in Economics, and José-Luis Cruz of Princeton University assesses the local social cost of carbon (LSCC) and how that cost aligns with the carbon reduction pledges countries made under the Paris Agreement.

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Saudi Aramco joins Rice University’s Carbon Hub; coproduction of hydrogen and advanced carbon materials from hydrocarbons

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Aramco) has joined Carbon Hub, a research initiative led by Rice University to develop sustainable uses of hydrocarbons. Launched in 2019, Carbon Hub supports a zero-emissions future where clean hydrogen energy and advanced carbon materials are coproduced efficiently and sustainably from hydrocarbons.

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UK awards £28M for 5 demonstration-phase low-carbon hydrogen production projects

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As part of a larger £90 million (US$117 million) package of awards to cut carbon emissions in industry and homes, the UK is awarding £28 million (US$36.5 million) to five demonstration phase projects for low-carbon hydrogen production. HyNet – low carbon hydrogen plant. Led by Cranfield University. Contract value: £3.12

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DOE VTO awarding $3.6M to 6 projects to commercialize lab-developed clean transportation technologies

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With this funding, industry and DOE national laboratories will partner to advance lab-developed clean transportation technologies towards commercialization in technology areas, including vehicle electrification, batteries, materials, decarbonized off-road vehicles, and energy efficient mobility systems. million, with an industry match of $3.6