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3 Oil Majors That Bet Big On Renewables

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Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. 2 Total SA. 3 ENI SpA.

Oil 418
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Biden sets 2030 net GHG reduction target for US of 50-52% below 2005 levels

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US President Joe Biden announced a new target for the United States to achieve a 50-52% reduction from 2005 levels in economy-wide net greenhouse gas (GHG) emissions in 2030. In 2019, US greenhouse gas emissions totaled 6,558 million metric tons of carbon dioxide equivalents (MMT CO 2 Eq.), or 5,769 MMT CO 2 Eq. or 5,769 MMT CO 2 Eq.

2005 243
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H2FUTURE building world’s largest green hydrogen pilot plant; targeting the steel industry

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The European H2FUTURE project consortium, comprising voestalpine, Siemens, VERBUND, and Austrian Power Grid, together with the research partners K1-MET and ECN, officially gave the green light to the construction of a 6 MW “green” hydrogen pilot production plant—the world’s largest—at a voestalpine Linz steel plant.

Hydrogen 240
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California Energy Commission awards more than $1.8M additional funding to further UCSD microgrid project; energy storage, EV charging and V2G services are components

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The California Energy Commission (CEC) approved funding to advance further the development of its pioneering 42 MW peak microgrid and expand electric vehicle charging at the University of California, San Diego (UCSD). The Commission approved a $1.6-million The total Commission funding for the amended agreement is $2,994,298.

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Opinion: Reinventing fuel-based power for a more secure and resilient grid

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by Toby Gill, CEO, Intelligent Power Generation. With battery storage able to provide a unique role in balancing a renewable electricity grid, Toby Gill, CEO of Intelligent Power Generation, asks could innovations in green hydrogen and biofuel technologies contribute to a more optimized and economical energy mix?

Grid 332
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Audi unveils e-gas project: synthetic methane from the methanation of green hydrogen; series production of CNG models in 2013 powered by e-gas

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Audi A3 TCNG for e-gas project. Starting in 2013, Audi will begin series production of TCNG models whose engines—derived from TFSI units—will be powered by e-gas: synthetic methane produced via the methanation of hydrogen produced by electrolysis using renewable electricity. Click to enlarge.

Audi 370
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Canada, US and Mexico commit to align light- and heavy-duty fuel efficiency and GHG standards out to 2025 and 2027, respectively

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As one of the outcomes of the “Three Amigos” meeting in Ottawa, Canada Prime Minister Justin Trudeau, US President Barack Obama, and Mexico President Enrique Peña Nieto committed to an “ambitious and enduring” North American Climate, Clean Energy, and Environment Partnership. 50% clean power target.

Mexico 199