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Polestar, Rivian report concludes automotive industry tracking to overshoot IPCC emissions target by 75%

Green Car Congress

Polestar and Rivia have collaborated on a ‘ Pathway Report ’ which concludes that the automotive industry is set to overshoot the IPCC’s 1.5-degree The report, which uses existing, open-source data to model the current trajectory for emissions stemming from the car industry, was carried out by global management consulting firm Kearney. …

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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.

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ExxonMobil invests $15M in University of Texas at Austin Energy Institute; renewable energy, battery technologies and power grid modeling

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ExxonMobil will invest $15 million as a leadership member of the University of Texas at Austin Energy Institute to pursue technologies to help meet growing energy demand while reducing environmental impacts and the risk of climate change. E-ffiliates fosters collaboration with industry in pursuing energy and environmental innovation.

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Nel ASA receives purchase order for 20MW alkaline electrolyzer from steelmaker Ovako

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Ovako is a leading European manufacturer of engineering steel for customers in the bearing, transportation and manufacturing industries, and is a subsidiary of Sanyo Special Steel and part of the Nippon Steel Corporation Group. At present, global emissions for the industry are estimated at 1700 kg of CO 2 per tonne of crude steel.

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Nissan to be carbon-neutral by 2050; 100? of new vehicle offerings in key markets to be electrified by early 2030s

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Nissan anticipates increased collaboration with the energy sector to support the decarbonization of power grids; and. The company’s electrification and emissions reduction efforts support the aims of the UN Paris Agreement on climate change and global progress toward carbon neutrality by 2050.

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Study finds steelmaking by electric arc furnace in US produces up to 75% less carbon emissions

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The study was released by the Steel Manufacturers Association (SMA), the largest steel association in the US, representing the EAF steel industry and more than 70% of steel made in the US.

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Report: sustainable batteries represent the best prospect for meeting Paris climate goals; requires $550B investment over 10 years

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The report— A Vision for a Sustainable Battery Value Chain in 2030 —suggests that, with a concerted push to put the right conditions in place, batteries could enable a 30% reduction in carbon emissions in both the transport and power sectors. This would also contribute to achieving the more ambitious 1.5°

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