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Sasol and ITOCHU to partner on green ammonia and hydrogen

Green Car Congress

The MoU was signed during the Tokyo International Conference on African Development (TICAD 8) in Tunisia, a forum to advance Japan-Africa sustainable development on the continent. Green ammonia is produced from green hydrogen, which in turn is produced from renewable electricity (solar and wind) via an electrolysis process.

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KPMG survey finds majority of energy execs see oil over $121/barrel this year; shale expected to have transformative impact, investment in alternatives increasing

Green Car Congress

Energy executives expect continued volatility in the price-per-barrel of oil for the remainder of the year, with 64% predicting crude prices to exceed $121 per barrel. Only 35% think current crude prices are near the high they expect for oil this year, predicting the peak will be between $111 and $120 per barrel.

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University of Calgary Study Finds Large-Scale Adoption of PHEVs in Alberta Could Support Wind Power; PHEV GHG Benefits Range from 40-90% in Emissions Reduction

Green Car Congress

The study found the environmental impacts of PHEVs in Alberta would depend on factors such as vehicle battery size, charging time and wind production levels. Of the installed capacity of just above 12,000 MW, approximately 49% (5,893 MW) is coal fired, 39% (4,686 MW) is gas-fired, 7% (869 MW) is hydro, and 4% (497 MW) is wind powered.

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Good news – the world has a real chance of achieving its goal of tripling renewables by 2030

Baua Electric

The world added 50% more renewable capacity in 2023 than in 2022 –and that means it has a real chance of achieving the goal set by governments at the COP28 climate change conference of tripling global capacity by 2030. The increases in renewable energy capacity in the US, Europe, and Brazil also hit all-time highs.

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GE Energy Financial Services joins $8M investment round in biomass-to-gasoline startup

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At the GoingGreen Silicon Valley 2010 conference in October, Mike Rocke, CoolPlanetBiofuels VP Business Development, said that the startup could produce carbon-neutral gasoline from biomass for less than $1.00/gallon Biomass throughput time in the biomass fractionator is minutes, Rocke said earlier at a conference at Stanford.

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ExxonMobil projects 25% energy demand increase between 2014-2040, 50% decline in carbon intensity; hybrids to be 40% of new car sales

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Nuclear and renewable energy sources—including bio-energy, hydro, geothermal, wind, and solar—are also likely to account for nearly 40% of the growth in global energy demand by 2040. Oil will provide one third of the world’s energy in 2040, remaining the Nº 1 source of fuel, and natural gas will move into second place.

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

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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). CRI is presenting at the 4 th Conference on CO 2 as Feedstock for Fuels, Chemistry and Polymers , being held at the end of September in Essen, Germany. Methanol in China.

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