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3 Oil Majors That Bet Big On Renewables

Green Car Congress

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.

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

Green Car Congress

and CO2 emissions from fossil fuel combustion up 2.6% Biden has already announced goals to create a GHG-free power sector by 2035 and a net-zero emissions economy by no later than 2050. 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.

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Tesla nickel supplier BHP building off-grid solar & battery storage systems for mining

Teslarati

Tesla nickel supplier BHP announced that construction on one of the world’s largest off-grid mining solar and battery energy storage systems has started. BHP, a world-leading resources company in Australia, is working with TransAlta to shift its mines from fossil fuels to renewable energy. MW solar farm at Mt.

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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

Green Car Congress

The e-gas project consists of two main components: Audi is contributing to the construction of offshore North Sea wind turbines which will generate clean power,that is then fed into the public power grid. Audi wants to use green power to produce and also operate its electric-drive e-tron models in the future.

Audi 370
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Wind-to-Hydrogen Tech Goes to Sea

Cars That Think

A British company, ERM , plans to have a 10-megawatt demonstration project called Dolphyn up and running off the coast of Aberdeen, Scotland, in 2026. And the Norwegian company H2Carrier recently received approval in principle for its concept for an industrial-scale floating production unit to make green ammonia at sea.

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BMW, Ford, Honda to Form New EV Charging Company

The Truth About Cars

Ford, Honda, and BMW have announced plans to create a new “vehicle-to-grid company” that’s aimed at standardizing vehicle charging via a singular platform. The service also seeks to return excess energy to the electrical grid, effectively converting EVs into publicly shared batteries.

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DOE announces more than $65M in public and private funding to commercialize promising energy technologies

Green Car Congress

To date, the TCF has funded more than 380 projects by unlocking more than $170 million in funding from more than 300 private sector partners, including automotive manufacturers, energy storage companies, utilities, bioenergy companies, solar providers, and aerospace companies. NovaCentrix (Austin, Texas).