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SAF company DG Fuels closes investments with two Japanese companies

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DG Fuels, LLC (DGF), a developer of sustainable aviation fuel (SAF) facilities ( earlier post ), announced the successful closing of investment transactions with two Japanese companies. The basis of DGF’s integrated fuel and energy technology is the proven Fischer-Tropsch process, in use for more than 60 years.

Companies 370
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SK Inc. Materials initiates blue ammonia business with offtake agreement with ExxonMobil

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SK seeks to import blue ammonia produced from ExxonMobil to South Korea in support of reducing industrial emissions. When co-fired with coal in an existing Coal Fired Power Plant (CFPP), blue ammonia emits no additional CO 2 , and total emissions from power generation is reduced by the amount of blue ammonia co-fired.

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Energy Vault to provide 1.6 GWh of gravity energy storage to support DG Fuels SAF projects

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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. DG Fuels expects to complete its Louisiana SAF project by mid-2022.

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Air France KLM signs 210M gallon SAF offtake agreement with DG Fuels

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DG Fuels (DGF), a provider of cellulosic drop-in sustainable aviation fuel (SAF), signed a multi-year SAF offtake agreement with Air France KLM for up to 60,408 metric tons (21 million gallons) per year from DGF’s initial plant to be located in Louisiana. Schematic of DGFuels Sustainable Aviation Fuel Process.

France 426
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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

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Steel production could be made with almost no carbon emissions through $278 billion of extra investment by 2050, according to a new report from research firm BloombergNEF (BNEF). Hydrogen and recycling are likely to play a central role in reducing emissions from steel production.

Hydrogen 221
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Norwegian startup Blastr plans €4B green steel plant in Finland

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Fortum has developed the Joddböle area since the dismantling of its Inkoo coal-fired power plant there in 2017-2020. Inkoo was selected as our location due to its high-quality infrastructure and access to clean power. With the green steel produced in Inkoo, we aim to reduce carbon emissions by 4.6 tonnes of CO₂.

Finland 437
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IEA: global electricity demand growing faster than renewables, driving strong increase in generation from coal

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Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, according to a new report from the International Energy Agency.

Coal 221