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KHNP, Samsung Heavy and Seaborg to develop compact molten salt reactor-based floating nuclear power plants

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The power plants will be installed on barges with a modular design able to deliver from 200MWe to 800MWe, with the consortium’s first project expected to be a 200MWe power barge. KHNP and Korea Electric Power Corporation (KEPCO) have jointly executed the first nuclear power project in Barakah, United Arab Emirates, in 2009.

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Toyota to collaborate in research for the creation of H2-based society in the United Arab Emirates

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Toyota Motor Corporation has agreed to collaborate with Masdar, Abu Dhabi National Oil Company (ADNOC), Air Liquide, and Toyota distributor Al-Futtaim Motors in a joint research program to explore the potential of hydrogen energy use in the United Arab Emirates (UAE) for the creation of a sustainable, low-carbon society.

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thyssenkrupp to perform green hydrogen & ammonia technical study for Helios US$1B UAE plant

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It will be the first commercial plant to produce CO 2 -free green ammonia from renewable resources in the UAE. This project is another important milestone for in the UAE’s shift to a lower carbon renewable energy future. It can also be used as emission-free transport fuel and in the fertilizer and chemical industries.

UAE 186
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Petrixo selects UOP Green Fuels technology for renewable jet and diesel in UAE

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UOP LLC, a Honeywell company, announced that its green fuels process technology has been selected by Petrixo Oil & Gas to produce renewable jet fuel and renewable diesel at a new refinery to be built in Fujairah, United Arab Emirates.

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Cellulosic biogasoline company Cool Planet completes second close of D Round, raises another $19.4M; $60M total

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Cool Planet Energy Systems, a developer of small-scale bio-refineries for the conversion of non-food biomass into high-octane drop-in biofuels and soil enhancing biochar ( earlier post ), announced the second close of a “D round” equity raise. After closing on more than $29.9 million in June, Cool Planet has added another $19.4

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Report for IPCC finds renewables could supply up to 77% of global energy by 2050 under most optimistic scenario; need for enabling public policies and investments

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Ranges of global technical potentials of renewable energy sources derived from studies analyzed in SRREN report. Biomass and solar are shown as primary energy due to their multiple uses. While the scenarios arrive at a range of estimates, the overall conclusions are that renewables will take an increasing slice of the energy market.

Renewable 218
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Lux: biojet fuel to account for 56% of targeted 2050 CO2 emissions reductions in aviation

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In the estimated $300-billion jet fuel market in 2050, Neste and Honeywell UOP will be winners over the short term, while renewable diesel producers UPM and Renewable Energy Group will be mid-term winners, and companies like Ensyn and Licella will be long-term winners. —Yuan-Sheng Yu, Lux Research Analyst and lead author.