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Nucor investing in start-up company Electra developing zero-carbon iron technology

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Nucor Corporation, a North American manufacturer of steel and steel products, has made an equity investment in Electra , a Colorado-based start-up developing a process to produce carbon-free iron that can be used to make steel. Electra’s process results in zero carbon dioxide emissions.

Carbon 293
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Alcoa exploring technology to reduce carbon emissions in alumina refining; MVR powered by renewable energy

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The Australian Renewable Energy Agency (ARENA) is awarding Alcoa of Australia $8.8 million) toward testing the potential use of renewable energy in a Mechanical Vapor Recompression (MVR) process for alumina refining. The development project has the potential to reduce carbon emissions in the alumina refining process significantly.

Renewable 221
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HIF Global partners with Topsoe for eFuels facility in Texas; carbon-neutral gasoline

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Topsoe will deliver technology to HIF Global’s (HIF) planned eFuels facility in Texas. The plant will produce carbon-neutral fuel—enough to decarbonize more than 400,000 vehicles annually. eFuels are produced by combining green hydrogen made from renewable power and recycled carbon dioxide. Earlier post.)

Texas 284
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Monash team proposes roadmap to renewable ammonia economy; 3 generations of technology

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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.

Renewable 419
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HF Sinclair selects Topsoe’s HydroFlex technology to produce renewable diesel at three facilities in US

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HF Sinclair selected Topsoe as a technology provider for the production of renewable fuels at three facilities: Sinclair, Wyoming; Cheyenne, Wyoming; and Artesia, New Mexico. All three facilities have now successfully been put into operation and deliver renewable diesel into the United States transportation market.

Renewable 195
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Marathon Petroleum implements Topsoe technology at Martinez Renewables facility in California

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Marathon Petroleum Corporation selected Topsoe as the technology provider for renewable fuels production at the Martinez Renewable Fuels Facility in California. The facility, part of Marathon’s 50/50 joint venture with Neste, utilizes Topsoe’s HydroFlex technology to convert bio-feedstock into renewable diesel.

Renewable 150
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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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This shows an upward trend in the low-carbon hydrogen market development, which could be decisive in achieving over 111 million tons per annum (mtpa) capacity worldwide by 2030. This could have been due to the companies trying to strengthen their core business and diversify the investment risk given the global economic situation.

Hydrogen 473