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bp ventures invests $10M in waste-to-biomethanol company WasteFuel; offtake MoU

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bp ventures has committed $10 million, leading the Series B investment round, in WasteFuel , a California-based biofuels company that will use proven, scalable technologies to convert bio-based municipal and agricultural waste into lower carbon fuels, such as biomethanol. billion metric tons by 2050.

Waste 284
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Hydra Energy partners with Chemtrade to provide commercial truck fleets with green hydrogen below the cost of diesel

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Continuing to speed up the adoption of hydrogen in long-haul transportation, Hydra Energy —the first Hydrogen-as-a-Service provider for commercial fleets—announced a strategic partnership with Chemtrade. Global transportation is currently responsible for 16% of GHG emissions, with a significant portion from road transport.

Hydrogen 301
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Fulcrum BioEnergy successfully produces first low-carbon synthetic crude oil from landfill waste at its Sierra BioFuels Plant

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Fulcrum BioEnergy, a clean energy company pioneering the creation of renewable, drop-in transportation fuels from landfill waste, successfully produced a low-carbon synthetic crude oil using landfill waste as a feedstock at its Sierra BioFuels Plant, the world’s first commercial-scale landfill waste-to-fuels plant.

Sierra 221
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SK invests in Fulcrum BioEnergy to accelerate production of low-carbon fuel from waste

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the strategic investment arm of South Korea’s SK Group, was part of a $50-million investment in Fulcrum BioEnergy, a US-based waste-to-fuels company. Fulcrum produce biofuel on a commercial scale by chemically converting municipal solid waste (MSW) into transportation fuels.

Waste 243
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Oberon Fuels starts commercial production of renewable dimethyl ether (rDME)

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Oberon Fuels, producer of clean-burning dimethyl ether (DME) transportation fuel, has begun production of the first renewable DME (rDME) in the United States, and the only current commercial production of this in the world. It is the first time this feedstock has been used to make rDME at commercial scale.

Renewable 243
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NREL releases comprehensive vision for deep decarbonization of transportation

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The National Renewable Energy Laboratory (NREL) has released a comprehensive vision for deeply decarbonizing transportation. The transportation sector is the largest source of greenhouse gas emissions in the United States, accounting for about 28% of total carbon emissions.

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DOE awarding $46M to 8 companies to support commercial fusion energy development

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These awardees will work to acheive important technical and commercialization milestones to advance successful design of a fusion pilot plant (FPP) to move fusion toward technical and commercial viability. Commercial fusion power on a decadal timescale with the compact, high-field ARC power plant. Tokamak Energy Inc.

Fusion 305