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Norwegian startup Blastr plans €4B green steel plant in Finland

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Fortum has developed the Joddböle area since the dismantling of its Inkoo coal-fired power plant there in 2017-2020. Green steel will be a critical raw material for developing renewable energy infrastructure, such as wind turbines, as well as in segments such as construction, the automotive industry, and consumer goods. tonnes of CO₂.

Finland 437
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BNEF: wind and solar boost cost-competitiveness versus fossil fuels

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This year has brought a significant shift in the generating cost comparison between renewable energy and fossil fuels, according to detailed analysis by technology and region, published this week by Bloomberg New Energy Finance. —Seb Henbest, head of Europe, Middle East and Africa at BNEF.

Wind 150
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ICCT LCA study finds only battery and hydrogen fuel-cell EVs have potential to be very low-GHG passenger vehicle pathways

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For battery EVs, the GHG emissions for “fuel/electricity” production are dominated by the coal and natural gas used in electricity generation. —“A global comparison of the life-cycle greenhouse gas emissions of combustion engine and electric passenger cars”.

Hydrogen 418
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Utah-based Energy Fuels to enter commercial rare earth business in Q1-2021

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REEs are the building-blocks of a wide array of clean energy and advanced technologies, including wind turbines, electric vehicles, cell phones, computers, flat panel displays, advanced optics, catalysts, medicine, and national defense applications. The monazite sands will be from Chemours’ Offerman Mineral Sand Plant in Georgia.

Utah 417
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EEA report: EVs are better for climate and air quality

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Across its life cycle, a typical electric car in Europe produces fewer greenhouse gases and air pollutants compared with its gasoline or diesel equivalent, according to the report. Emissions are usually higher in the production phase of electric cars, but these are more than offset by lower emissions in the use phase over time.

Climate 268
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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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Relying on a higher share of efficient, low-emission combined cycle power plants and wind energy could save €150 billion (US$200 billion) by 2030 while attaining the same CO 2 targets, Siemens says. Electricity prices in comparison. Source: Siemens. Click to enlarge. Euro cents/kWh. Source: Siemens. Click to enlarge.

Germany 239
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Geely invests in Carbon Recycling Intl.; vehicles fueled by methanol from CO2, water and renewable energy

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It will also allow us to promote advanced methanol technology in Europe. Vulcanol is CRI’s brand name for renewable methanol, produced from CO 2 and hydrogen from renewable sources of electricity (hydro, geothermal, wind and solar). Their results showed that in comparison with gasoline mode, CO emitted in methanol mode decreased 11.2%.

Renewable 150