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

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CRI, founded in 2006 in Reykjavik, Iceland, is developing technology to produce renewable methanol from clean energy and recycled CO 2 emissions. Geely is committed to achieving the long-term goal of zero emissions mobility through a diverse suite of new energy solutions, including renewable methanol vehicle technology. Earlier post.).

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Siemens Energy, FFI and GeoPura developing prototype ammonia cracker to produce hydrogen

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The MMT process developed by FFI and Australia’s national science agency, the Commonwealth Scientific and Industrial Research Organization ( CSIRO ) ( earlier post , earlier post ) is key to producing high-purity hydrogen from the ammonia cracking process. million (US$1.8-million)

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NETL researchers create MOF-based luminescent sensor to detect aluminum impurities in rare earth element sources

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Aluminum is a critical element used in thousands of important products, but it can often interfere with quick and effective extraction of valuable rare earth elements (REEs) from coal waste byproducts. The new NETL-developed sensing material is a metal-organic framework (MOF) thin film made of copper linked by 2-aminoterephthalic acid.

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Ignite Energy Resources and TRUenergy Plan Direct Coal-to-Liquids and Coal Drying Demo Project for Supercritical Water Technology

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Ignite Energy Resources supercritical water process diagram. IER’s proprietary supercritical water technology (SCW) transforms low-ranked coals, including lignite, directly into higher-valued oils and cleaner coal products. tonnes of high-ranked coal. Source: IER. Click to enlarge. Source: IER. Click to enlarge.

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EIA: US LNG exports will fall 6% from 1H 2022 to 2H 2022 following Freeport outage

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EIA expects coal consumption to decrease by 3% in 2022 and by 4% in 2023, as 24 gigawatts of coal-fired power plants retire by the end of 2023. EIA expects renewable energy to provide 24% of US electricity generation in 2023, up from 20% in 2021. At the same time, refinery capacity in the United States has decreased since 2019.

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Renewable-methanol fueled Geely cars in fleet testing in Iceland; 70% reduction in WTW CO2 compared to gasoline

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million investment in 2015) in Carbon Recycling International ( CRI ), an Icelandic company which produces renewable methanol using recycled CO 2 emissions sourced from a local thermal power plant and hydrogen made by splitting water with electrolysis (Power-to-Methanol). Geely is a shareholder ($45.5-million Earlier post.).

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Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

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Ceres recently released a new report concluding that coal-to-liquid (CTL) and oil shale technologies face significant environmental and financial obstacles—from water constraints, to technological uncertainties to regulatory and market risks—that pose substantial financial risks for investors involved in such projects.

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