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Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA). The report— Green Hydrogen Cost Reduction: scaling up electrolyzers to meet the 1.5 Source: IRENA.
By Jake Stones, hydrogen editor at ICIS ICIS data shows that renewable hydrogen could be sold for below €1/kg if a producer obtains the maximum support provided by the European Hydrogen Bank , according to the heads of terms for the bank published by the European Commission on 31 March. Funding is granted once hydrogen production starts.
The Front-Loading Net Zero report states that electricity production costs could be reduced by up to 50% by 2050 if countries and states adopt 100% renewable systems faster than currently planned. Utilities should keep repeating steps 1 - 3 until their systems run on 80 – 90% renewables.
Chevron USA kicked off a road trip across the US Gulf Coast to showcase an innovative new gasoline blend with more than 50% renewable content. In February 2022, a team from Argonne National Lab published a report “Carbon Intensities of Refining Products in Petroleum Refineries with Co-Processed Biofeedstocks”.
Electrofuels provider Infinium announced an agreement with Amazon to begin using Infinium Electrofuels in the retailer’s middle mile fleet as an ultra-low carbon alternative to traditional fossil fuels. The clean burning electrofuels will be produced for Amazon at one of the first electrofuels production facilities, located in Texas.
This reduction is achieved through a closed-loop carbon recycling system, which could replace 90% of the coke typically used in current blast furnace-basic oxygen furnace systems and produces oxygen as a byproduct. If implemented in the UK alone, the system could deliver cost savings of £1.28 A double perovskite, Ba 2 Ca 0.66
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.
Neste announced in March 2020 an intention to increase its renewable products production capacity in Europe according to the company strategy. While there are many positive drivers for both sites, the difference between the costs is significant in favor of Rotterdam. Neste has existing sites in both locations.
In August 2020, Phillips 66 announced that it planned to reconfigure its San Francisco Refinery in Rodeo, California, to produce renewable fuels. In April, the company completed the diesel hydrotreater conversion, which will ramp up to 8,000 bbl/d (120 million gallons per year) of renewable diesel production by the third quarter of 2021.
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.
The project is supported by DOE’s Hydrogen and Fuel Cell Technologies Office within the Office of Energy Efficiency and Renewable Energy. The project partners will generate zero-carbon hydrogen onsite via electrolysis with solar and wind power and reformation of renewable natural gas from a Texas landfill.
Grön Fuels, LLC’s renewable diesel and jet fuel option facility at the Port of Greater Baton Rouge is based on Topsoe’s proprietary HydroFlex hydrotreating and H2bridge hydrogen technologies, including an option to capture ~1 million tons per year of bio-CO 2 for carbon sequestration in suitable deep saline aquifers located below the project site.
Given the nature of wet waste resources that requires dedicated waste management practices to collect, store, treat, and dispose of the waste, shifting the waste resources from going through conventional waste management practices to utilization as feedstocks for energy production may represent an avoided cost of waste management and disposal.
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. Contract value: £3.12 million (US$4.1 Contract value: £7.5
and HCS Group GmbH, a long-time customer of Gevo, have signed a project memorandum of understanding (MOU) to develop and to build a renewable hydrocarbon facility at HCS Group’s site located in Speyer, Germany, which would utilize Gevo’s low-carbon sustainable aviation fuel (SAF) technology: Alcohol-to-Jet Synthetic Paraffinic Kerosene.
million for the next phase of Gigastack, a new renewable hydrogen project, as part of the Department for Business, Energy and Industrial Strategy (BEIS) Hydrogen Supply Competition. Producing hydrogen has traditionally been associated with high carbon emissions, but by using renewable electricity—e.g., Earlier post.).
Darling and Valero jointly announced that their 50/50 joint venture, Diamond Green Diesel (DGD), has received approval from both companies’ Boards of Directors to proceed with the construction of the renewable diesel production facility to be located at Valero’s Port Arthur, Texas refinery. The current estimated construction cost is $1.45
The European Commission’s Joint Research Center (JRC) published a policy brief showing that delivery of large amounts of renewable hydrogen over long distances could be cost-effective. The most cost effective way to deliver renewable hydrogen depends on distance, amount, final use, and whether there is infrastructure already available.
has set the goal to achieve carbon neutrality across the company’s operations and the life cycle of its products by 2050. The company will also strive for greater energy and material efficiencies to support longer-term carbon neutrality ambitions. Nissan Motor Co.,
million in funding for 12 projects as part of Phase 1 of the Advanced Research Projects Agency-Energy’s (ARPA-E’s) FLExible Carbon Capture and Storage (FLECCS) program. Later in the program, teams that move to Phase 2 will focus on building components, unit operations, and prototype systems to reduce technical risks and costs.
Heliogen’s AI-enabled concentrated solar energy system is designed to create carbon-free steam, electricity, and heat from abundant and renewable sunlight. Electricity accounts for nearly 80% of the cost of hydrogen from electrolysis. Source: Heliogen. Bloom Energy officially introduced the Bloom Electrolyzer in July 2021.
Electrify America entered into a 15-year virtual power purchase agreement (VPPA) with developer Terra-Gen to build a solar photovoltaic renewable energy generation project in San Bernardino County, California called Electrify America Solar Glow 1. The solar project is targeted to be operational by mid-2023.
Texas-based fuel company Nacero ( earlier post ) will build its second low- and zero-carbon fuels plant in Newport Township, Pennsylvania. The new manufacturing facility will produce low- and zero-lifecycle carbon footprint gasoline blendstock made from natural gas and renewable natural gas.
Methane derived from CO 2 and renewable H 2 sources is an attractive fuel, and it has great potential as a renewable hydrogen carrier as an environmentally responsible carbon capture and utilization approach. —Heldebrant et al. Different methods for converting CO 2 into methane have long been known.
By achieving this accelerated goal, GM expects to avoid the production of an estimated 1 million metric tons of carbon emissions that would have been produced between 2025 and 2030, equal to the emissions produced by burning 1 billion pounds of coal. Sourcing renewable energy is a critical component of GM’s plans to decarbonize.
In a commentary in the journal Joule , Rob McGinnis, founder and and CEO of Prometheus , a company that is developing technology to remove carbon dioxide from the air and turn it into fuels, discusses the technology advances that could lead to the potential price-competitiveness of renewable gasoline and jet with fossil fuels.
The Power-to-Gas facility would produce carbon-neutral synthetic biogas using carbon dioxide emissions and electricity generated at the waste-to-energy plant. Synthetic biogas would replace the use of conventional natural gas in district heating, thereby reducing Vantaa Energy’s carbon dioxide emissions.
General Motors and GE Renewable Energy signed a non-binding Memorandum of Understanding (MoU) to evaluate opportunities to improve supplies of heavy and light rare earth materials and magnets, copper and electrical steel used for manufacturing of electric vehicles and renewable energy equipment.
The US Department of Energy (DOE) is awarding $35 million to 15 research projects through ARPA-E’s “Energy and Carbon Optimized Synthesis for the Bioeconomy” (ECOSynBio) program to decarbonize biorefining processes used across the energy, transportation, and agriculture sectors. Carbon-Negative Chemical Production Platform - $4,160,262.57.
Denmark has been a global leader in sustainability, and has pledged to reduce its carbon emissions by 70% by 2030. While the country is one of the world’s largest producers of wind and solar renewable energy, it faces the issue of renewable energy being weather-dependent and prone to fluctuation.
The Jadar project would support the evolution of Rio Tinto—one of the world’s largest miners—into a chemical producer to make battery-grade lithium carbonate, a critical mineral used in large-scale batteries for electric vehicles and storing renewable energy. This is a significant moment for the lithium industry.
Texas-based Nacero, a company seeking to produce low- and zero-lifecycle carbon footprint gasoline blendstock ( earlier post ) has awarded a subsidiary of NextEra Energy Resources, LLC a 20-year power purchase agreement to supply wind power to Nacero’s planned flagship manufacturing facility in Penwell, Texas. Renewable power procurement.
DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, says it will be neutralizing the carbon emissions of all less-than-container load (LCL) ocean freight shipments from 1 January 2021. This is why we have taken the decision to neutralize the carbon emission of all our LCL shipments.
In addition to hydrogen, other potential renewable fuels are being studied for future applications, and Wärtsilä engines are already capable of combusting 100% synthetic carbon-neutral methane and methanol. Hydrogen as part of the renewable electricity system of the future.
a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity, is purchasing a 39% stake in Oberon Fuels, a San Diego, CA-based development-stage producer of low-carbon, renewable dimethyl ether (rDME) transportation fuel. Suburban Propane Partners, L.P.,
BayoTech is committed to addressing the global need for consistent, cost-effective, low-carbon supply of hydrogen. This saves customers money and reduces the carbon intensity associated with the legacy challenges of liquifying and transporting hydrogen. Source: BayoTech.
The Road Map stresses the versatility of hydrogen as an enabler of the renewable energy system; an energy vector that can be transported and stored; and a fuel for the transportation sector, heating of buildings and providing heat and feedstock to industry. For US transport, hydrogen is a strong low-carbon alternative.
Libertine says that free-piston range-extender engines can offer the efficiency of fuel cells, the durability of conventional engines and achieve carbon reductions using renewable fuels. Libertine FPE, the creator of Smart Engine control technology for free piston engine (FPE) generators, has secured £2.6 million (US$3.6
UGI Corporation has entered into a 15-year agreement with California-based technology developer Vertimass to utilize their catalytic technology to produce renewable fuels from renewable ethanol in the US and Europe. Possibly debottleneck processes to increase throughput with little additional costs other than for feedstock.
The rapid contraction in coal usage, attributed to an amalgamation of economic slowdowns, surging renewable deployment, and increasingly cost-competitive. continued] The post India’s Coal & Gas Decline Signals Accelerating Renewable Energy Transition appeared first on CleanTechnica.
Energy Vault, a company developing grid-scale gravity energy storage solutions, has entered into an energy storage system agreement with DG Fuels, a developer of renewable hydrogen and biogenic-based, synthetic sustainable aviation fuel (SAF) and diesel fuel. Depending on feedstock carbon content, DGF produces up to 3.6
The National Renewable Energy Laboratory (NREL) has released a comprehensive vision for deeply decarbonizing transportation. The transportation sector is the largest source of greenhouse gas emissions in the United States, accounting for about 28% of total carbon emissions.
Hyzon Motors, a leading supplier of heavy-duty hydrogen-powered fuel cell electric vehicles, announced a non-binding memorandum of understanding (MoU) with Transform Materials, a provider of renewable hydrogen through its proprietary microwave reactor technology ( earlier post ). —David Soane, Transform Materials’ founder and CEO.
SHV Energy and UGI International, a subsidiary of UGI Corporation, leading distributors of off-grid energy, intend to launch a joint venture to advance the production and use of Renewable Dimethyl Ether (rDME), a low-carbon sustainable liquid gas, to accelerate renewable solutions for the LPG industry.
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