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Equinor and RWE to develop hydrogen-fired power plants in Germany, Norway-to-Germany hydrogen pipeline

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Norwegian state-owned energy company Equinor and Germany-based energy company RWE have agreed to work together to develop large-scale value chains for low carbon hydrogen. The cooperation has these main building blocks: Construction of new gas power plants (CCGTs), contributing to Germany’s phase-out roadmap for coal.

Norway 468
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UK to award £54M to 15 projects developing innovative carbon removal technology

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The UK government is awarding £54 million to 15 projects to develop technologies that remove carbon emissions from the atmosphere. The carbon dioxide can then be permanently stored or used in various products or applications. The biochar is rich in carbon and can be used as a fertilizer. Cambridge Carbon Capture Ltd.,

Carbon 305
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RWE and ArcelorMittal intend to build and operate offshore wind farms and hydrogen facilities for low-emissions steelmaking

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Energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany.

Wind 195
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Carbon emissions in port of Rotterdam drop more swiftly than national average

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In the period 2016-2020, the port of Rotterdam reduced its total carbon emissions by 27%. of the Netherlands’ total carbon emissions: a share that several years ago was 16%. of the Netherlands’ total carbon emissions: a share that several years ago was 16%. Last year, Rotterdam’s power plants cut their carbon emissions by 1.9

Carbon 259
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Norwegian startup Blastr plans €4B green steel plant in Finland

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Blastr has entered into a Letter of Intent with Nordic energy company Fortum that provides Blastr exclusive rights to utilize the existing industrial site located in Joddböle, Inkoo in Finland, 55 km west of Helsinki. Fortum has developed the Joddböle area since the dismantling of its Inkoo coal-fired power plant there in 2017-2020.

Finland 437
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Rhodium Group estimates US GHG fell 2.1% in 2019, driven by coal decline

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This decline was due almost entirely to a drop in coal consumption. Coal-fired power generation fell by a record 18% year-on-year to its lowest level since 1975. An increase in natural gas generation offset some of the climate gains from this coal decline, but overall power sector emissions still decreased by almost 10%.

Coal 370
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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. Low-carbon gas. —Ashish Sethia, global head of commodities at BNEF. MMbtu in Russia, $8.7/MMbtu

Gas 243