Remove Climate Remove Market Remove Power Grid Remove Wind
article thumbnail

3 Oil Majors That Bet Big On Renewables

Green Car Congress

Further, according to Rystad Energy, Big Oil is expected to pump in $166B into new oil and gas ventures over the next five years, thus dwarfing the currently specified outlay of just $18B (less than 10% of capex) for solar and wind energy projects. Good case in point: Italian multinational oil and gas giant Eni S.p.A. 2 Total SA.

Oil 418
article thumbnail

bp and thyssenkrupp Steel to advance the decarbonization of steel production; low-carbon hydrogen and renewable power

Green Car Congress

By replacing the coal-fired blast furnaces with direct reduction plants in which iron ore is reduced with low-carbon hydrogen, thyssenkrupp Steel intends to make steel production climate-neutral in the long term. The steel and energy industries have of course long been closely linked.

Hydrogen 170
article thumbnail

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

Green Car Congress

It is, however, a challenge that is being made all the greater as we continue to decentralize power generation with more distributed, variable and inflexible sources, such as wind and solar. This is to ensure that electricity is always there to safely power everything from industrial plants to the wall sockets in our homes and offices.

Grid 332
article thumbnail

The Complex Calculus of Clean Energy and Zero Emissions

Cars That Think

Thousands of Washington insiders and climate activists have had a hand in these legislative breakthroughs. presidential election, it seemed that we were entering one of those rare windows where you might see substantial policy action on climate and clean energy. C in this century. clean-tech legislation.

Clean 90
article thumbnail

Audi e-gas plant qualified to participate in balancing market to stabilize grid

Green Car Congress

The Audi e-gas plant in the city of Werlte in Lower Saxony ( earlier post ) produces CO 2 neutral-fuel (synthetic methane from water, renewable electricity and CO 2 ); it now also contributes toward stabilizing the public power grid. The Audi A3 Sportback g‑tron with 81 kW (110 hp) of power is currently available from dealers.

Audi 150
article thumbnail

Accedian, New Context, and Savari partner on next-generation smart infrastructure

Green Car Congress

The adoption of climate-friendly Environmental, Social and Corporate Governance (ESG) and Sustainable Development Goals (SDG) initiatives will both foster and promote economic security and prosperity. Smart infrastructure will be eco-friendly. Smart infrastructure will also be safer.

Connect 199
article thumbnail

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

Green Car Congress

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