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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. It is instructive to note that a NOC, and not an independent oil company, has the most ambitious green strategy of them all. 2 Total SA.

Oil 418
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Largest pilot plant for CO2-neutral production of hydrogen begins operation at voestalpine site in Linz

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As part of the EU-funded H2FUTURE project, partners voestalpine, VERBUND, Siemens, Austrian Power Grid, K1-MET and TNO are researching into the industrial production of green hydrogen as a means of replacing fossil fuels in steel production over the long term. It has been listed on the Vienna Stock Exchange since 1995.

Hydrogen 221
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Honda, American Electric Power developing 2nd life applications for used EV batteries

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The project seeks to address multiple challenges related to the expansion of EVs, including the repurposing of used EV batteries, the expected impact of EV demand and renewable energy on the nation’s utility operators and the integration of EV batteries as a storage solution for the electric grid.

Honda 284
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Biden sets 2030 net GHG reduction target for US of 50-52% below 2005 levels

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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.

2005 243
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Geely invests in Carbon Recycling Intl.; vehicles fueled by methanol from CO2, water and renewable energy

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CRI, founded in 2006 in Reykjavik, Iceland, is developing technology to produce renewable methanol from clean energy and recycled CO 2 emissions. The companies say they a vision for a larger role for methanol as a clean and sustainable fuel worldwide. It will also allow us to promote advanced methanol technology in Europe.

Renewable 150
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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.

Grid 96
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PHEVLERs are the Zero CO2 Clean Green Machines of the Future

Green Car Congress

These vehicles are the green machines that will provide a critical part of the renewable and sustainable society that we need for the future. [ PHEVLERs make our electric grid more efficient. [ 15 ] Electric power grids are designed with capacity to serve the highest power peaks demanded (e.g. About the authors.

Clean 150