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bp and thyssenkrupp Steel to advance the decarbonization of steel production; low-carbon hydrogen and renewable power

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bp and thyssenkrupp Steel have signed a memorandum of understanding (MoU) focused on the development of long-term supply of low-carbon hydrogen and renewable power in steel production, helping accelerate the steel industry’s wider energy transition. thyssenkrupp Steel accounts for 2.5%

Hydrogen 170
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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. The country should give greater priority to high-efficiency combined cycle power plants and wind power, the company suggests.

Germany 239
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HVDC Networks Come to Europe

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Starting around the middle of 2024, the Shetlands—and also part of mainland Scotland—will be powered by the 443-megawatt Viking wind farm , consisting of 103 wind turbines on the main island of Shetland. According to Plet, wind energy is driving an acceleration of HVDC installations in Europe.

Europe 123
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IEEE Discusses 6 Simple Solutions to Climate Change at COP27

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Some continue to burn coal, for example, because there are no other economically feasible choices for them. “We Efficient coal-burning plants Shutting down coal power plants completely is unlikely to happen anytime soon, he predicted, especially since many countries are building new ones that have 40-year life spans.