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Air France KLM signs 210M gallon SAF offtake agreement with DG Fuels

Green Car Congress

DG Fuels (DGF), a provider of cellulosic drop-in sustainable aviation fuel (SAF), signed a multi-year SAF offtake agreement with Air France KLM for up to 60,408 metric tons (21 million gallons) per year from DGF’s initial plant to be located in Louisiana. DGF’s cellulosic feedstock does not impair food supply and is essentially water neutral.

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EGEB: Ireland to build the Atlantic’s first floating offshore wind farm

Electrek

In today’s Electrek Green Energy Brief (EGEB): Ireland’s Moneypoint coal station will become a green energy hub that includes a floating offshore wind farm. France set to ban short domestic flights. Tesla now offers price matching, so it’s important to shop for the best quotes.

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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

Green Car Congress

Wind project financing was up 16% from 1H 2021, at $84 billion. China posted remarkable investment growth in both wind and solar project finance, according to the report. It also invested $58 billion in new wind projects, up 107% year-on-year. —Chelsea Jean-Michel, offshore wind analyst at BNEF.

Financing 243
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Wind-to-Hydrogen Tech Goes to Sea

Cars That Think

Wind and solar parks produce a large portion of their energy. Then, as now, wind farms are operating off the world’s coasts—but not all of these offshore sites are connected to the mainland via underwater power cables. Some of the wind farms instead sit in clusters more than 100 kilometers out at sea.

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3 Oil Majors That Bet Big On Renewables

Green Car Congress

Further, according to Rystad Energy, Big Oil is expected to pump in $166B into new oil and gas ventures over the next five years, thus dwarfing the currently specified outlay of just $18B (less than 10% of capex) for solar and wind energy projects. Good case in point: Italian multinational oil and gas giant Eni S.p.A. 2 Total SA.

Oil 418
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Mad Power thoughts

EV Info

Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has shot through the roof – and so the market price of both home heating and electricity is rocketing. Energy Solutions.

Power 52
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Australia Goes All-in on Green Hydrogen

Cars That Think

And while coal plants still supplied over half of Australia’s power in 2021, change is afoot. The 124-megawatt solar plant adjacent to Korea Zinc’s Townsville refinery, completed in 2018, cut a quarter of the coal-heavy grid power it had been using to run its power-intensive electrolytic process. Why a hydrogen truck?

Australia 145