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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. The CO 2 released during the hydrogen production is captured and can be stored or possibly used as a raw material by industry in the future. The plant is expected to produce 54,000 tonnes of hydrogen per year.

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Fraunhofer researchers developing ammonia-based systems for mobile energy in infrastructure, transportation and industry

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In comparison to hydrogen, liquefied ammonia makes it easier to transport large volumes to wherever it is needed. In the integrated process, it is possible to achieve an efficiency of 90% in comparison to 70% achieved with conventional technologies.

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Tesla (TSLA) Q4 and FY 2023 earnings results: Total revenue at $25.1B and EPS at $0.71

Teslarati

Tesla’s earnings come on the heels of yet another record quarter in production and deliveries. In comparison, Tesla’s unified analyst consensus pointed to total revenues of $25.7 In comparison, Tesla’s unified analyst consensus expected the company to post non-GAAP earnings per share of $0.73. Automotive revenues are at $21.5

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Rivian is prioritizing its Amazon delivery vans over R1T production: report

Teslarati

The production and impending deliveries of the Rivian R1T may be catching most of the electric vehicle community’s attention these days, but it appears that the truck maker may actually have a different priority in the near term. In comparison, R1T production is anticipated to run “at a trickle,” at least in the near term.

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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

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While Russia holds significant leverage in influencing oil and gas prices, it pales in comparison to China’s position in several strategic industries critical to the energy transition, says report author Michelle Michot Foss, fellow in energy and materials at the Baker Institute. —Baker Institute report Need Nickel?

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Tesla (TSLA) Q2 2023 earnings results: Expectations beat amid record quarter

Teslarati

Tesla’s earnings come on the heels of yet another record quarter in terms of vehicle deliveries and production. In comparison, analysts polled by FactSet estimated that Tesla will report sales of $24.32 In comparison, analysts were calling for adjusted earnings of $0.79 billion in Q2 2023. cents a share. operating margin.

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Biofuel and Ag organizations call for accountable life cycle analysis for SAF tax credits, DOE to lead

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In an effort to decarbonize transportation and reduce aviation emissions, Congress is considering new legislation to establish a tax credit to promote and develop robust domestic SAF production. We recognize the importance of decarbonizing the aviation sector with low carbon liquid fuels.