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EU Innovation Fund grants €108M to RWE’s waste-to-hydrogen project FUREC

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For comparison: This is equivalent to the output of a 700-megawatt offshore wind farm with coupled electrolyzers. FUREC receives funding from the EU Innovation Fund, which is 100% financed by the EU Emissions Trading System (ETS). The plant is expected to produce 54,000 tonnes of hydrogen per year.

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Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

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The study considers five different powertrains (internal combustion engine, hybrid-electric, plug-in hybrid-electric, fuel-cell-electric, and battery-electric) and 12 cost components (purchase cost, depreciation, financing, fuel, insurance, maintenance, repair, taxes, registration fees, tolls and parking, payload capacity and labor).

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Synbio company Intrexon and Dominion partner to commercialize bioconversion of natural gas to isobutanol in Marcellus and Utica Basins

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Both engineered methanotrophs present a unique series of challenges for commercial scale up, noted Intrexon in a presentation at the 2015 BIO World Congress in July. These positive attributes are driving investment in butanol plants which may reach $6 billion by 2020 according to Bloomberg New Energy Finance.

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DOE to award up to $2.5M to deploy fuel-cell-powered baggage tow tractors at commercial airports

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million this year to demonstrate and to deploy fuel-cell-electric baggage tow tractors (BTT) at major US commercial airports. The target market is commercial airports and air freight distribution centers used by passenger airlines and air freight industries. The US Department of Energy (DOE) will award up to $2.5

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Coskata Unveils Semi-Commercial Feedstock-Flexible Ethanol Facility; Springboard for Full-Scale Commercial Rollout

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Coskata’s semi-commercial facility in Madison, Pa. a syngas to ethanol company, officially launched its semi-commercial “Flexethanol” facility located in Madison, PA. By comparison, the theoretical yield of ethanol from a dry ton of corn is 124.4 Commercial-scale plans. Click to enlarge. Coskata Inc., Click to enlarge.

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The $32-Trillion Push To Disrupt The Entire Oil Industry

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Increased shareholder activism, combined with global warming policies of institutional investors and NGOs, are pushing IOCs in a corner, constricting financing options for oil companies. With less financing options for IOCs, and also oilfield services, the already existing investment gap in upstream investment worldwide will only grow wider.

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Tesla (TSLA) Q1 2022 earnings results: Another beat with 19% operating profit and margin

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In comparison, analysts expected Tesla to post a revenue of $17.8 The company added that its total debt excluding vehicle and energy product financing fell to less than $0.1B Currently, LFP batteries are used in most of our standard range vehicle products, as well as commercial energy storage applications. billion to $18.0

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