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MIT researchers propose subsea version of pumped hydro for renewable energy storage

Green Car Congress

The key to this Ocean Renewable Energy Storage (ORES) system is the placement of 30-meter-diameter hollow concrete spheres on the seafloor under the wind turbines. The 1,000 wind turbines that the spheres could anchor could, on average, replace a conventional on-shore coal or nuclear plant. Slocum, A.H.; Fennell, G.E.; Hodder, B.G.;

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Neste to receive €88M from EU toward green hydrogen and carbon capture & storage at Porvoo; SHARC

Green Car Congress

The EU Innovation Fund will award a grant of €88 million to Neste’s green hydrogen and CO 2 capture & storage project, which aims to reduce greenhouse gas emissions at the Porvoo refinery in Finland. HYBRIT (Hydrogen Breakthrough Ironmaking Technology) will replace coal-based blast furnaces with direct hydrogen-based reduction technology.

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Linc Energy taking stake in aboveground gasification company; potential CTL introduction in US

Green Car Congress

Under the terms of the deal: Linc Energy will invest US$6 million in cash into PowerHouse and grant certain rights to PowerHouse to use its FT gas to liquids technology for PowerHouse’s waste to energy applications. Linc Energy is also granted US$1m worth of fully paid ordinary share options at US$0.30

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Altex & Unitel partner to demonstrate a new technology for making synthetic gasoline from biomass

Green Car Congress

This project is funded by a ~$1-million grant from the California Energy Commission under the auspices of its Alternative and Renewable Fuels and Vehicle Testing Program. coal, biomass, or waste—is heated in the absence of molecular oxygen to produce a solid containing char and ash and volatile gases.

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Why Schools Should Electrify Their Bus Fleets

Blink Charging

If an EV is charged with electricity that is produced by burning fossil fuel such as coal or natural gas, there are still greenhouse gas emissions associated with running the vehicle. While electric school buses cost more than diesel buses to purchase, the savings in fuel and maintenance costs even out over the lifetime of the bus.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). by Bill Cooke. Billion vs. $28.3 Billion in 2008). Earlier post.).

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DOE to Award Up to $27M in Phase III Small Business Awards; Algae Processing, Fuel Cells, Improved Materials for Motors, Synthetic Fuels Among Areas of Interest

Green Car Congress

The US Department of Energy (DOE) has issued a wide-ranging Funding Opportunity Announcement ( DE-FOA-0000397 ) for up to a total of $27 million in Phase III small business awards in the areas of energy efficiency and renewable energy, electricity delivery and energy reliability, fossil energy, and nuclear energy.

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