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Bosch to receive €160.7M in funding to support scale-up of solid-oxide fuel cell system production

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As part of the IPCEI Hydrogen Program of the European Union (Important Projects of Common European Interest, IPCEI), the German Federal Government and the German Federal States of Baden-Württemberg, Bavaria, and Saarland are funding the Bosch Power Units project. Bosch will receive a grant of €160.7 A hotbox will contain several stacks.

Fuel 360
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EIA expects increased US crude oil production, with continued high petroleum prices in 2022

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The US Energy Information Administration (EIA) forecasts that US crude oil production will average 11.9 million barrels per day in 2023, which would surpass the record average production of 12.3 EIA forecasts that retail sales of electricity to the industrial sector will grow by 2.8% million barrels per day this year and 12.8

Oil 344
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Hitachi Energy and H2 Green Steel partner to leverage electrification, digitalization, and hydrogen for green steel production

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H2 Green Steel, a Swedish industrial start-up, is on a mission to accelerate the global steel industry’s greatest technological shift by eliminating almost all of carbon dioxide (CO 2 ) emissions from the steel production process. H2 Green Steel production. Electrolysis is the starting point for the green steel production process.

Green 346
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SAF company DG Fuels closes investments with two Japanese companies

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and an undisclosed investor, DGF has now exceeded its minimum investment target as part of its final round of parent-level development capital needed to fund the remaining expected expenses required to reach FID, including the ongoing FEL 3 and related expenses. With the investments in DGF made by aviner & co., Chishima Real Estate Co.,

Companies 370
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EIA expects continued high prices for diesel and home heating oils

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Inventories are just one part of the supply equation for diesel and other distillates. EIA sees additional uncertainty in the global marketplace for distillates and other fuels as the European Union plans to ban imports of petroleum products from Russia in early 2023. EIA forecasts Russia will produce 9.3

Oil 334
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EIA: India’s steel industry dominated by electric-based processes; intensive coal use for DRI

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In 2016, about 57% of India’s steel was produced using electric-based methods—the second-highest proportion of electric-based steel production among major steel producers, behind only the United States, according to the US Energy Information Administration (EIA). of 2016 production. of 2016 production.

Coal 150
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Monolith to collaborate with Goodyear on carbon black for its tire production; methane pyrolysis

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Monolith , a leader in clean carbon black production, signed a collaboration agreement and letter of intent (LOI) with The Goodyear Tire & Rubber Company, one of the world's largest tire companies. Carbon black is an essential material found in countless everyday products, but perhaps most notably in tires.

Carbon 221