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3 Oil Majors That Bet Big On Renewables

Green Car Congress

Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com. 2 Total SA.

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Mercom: battery storage, smart grid, and efficiency companies raise $210M in VC funding in Q1 2019, down 55.5% YoY

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A combined $210 million was raised by battery storage, smart grid, and energy efficiency companies in Q1 2019—a 55.5% In a year-over-year (YoY) comparison, $299 million was raised in 12 deals in Q1 2018. Smart Grid. In a YoY comparison, $1.3 In a YoY comparison, $1.25

2019 170
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Cohort of new stakeholders joins Open Hydrogen Initiative

Green Car Congress

Hydrogen demand is currently concentrated in oil refining and ammonia production, but nearly 90% of projected demand growth through 2050 comes from new sectors like heavy-duty transportation, steel production, and long-term energy storage. According to S&P Global Commodity Insights’ hydrogen outlook, global hydrogen demand grows from 70.4

Hydrogen 482
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Mercom Capital: VC funding for battery storage companies up 139% YoY in 1H 2019 to $1.4B; led by Northvolt financing

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Total corporate funding (including venture capital funding, public market, and debt financing) for battery storage, smart grid, and efficiency companies in 1H 2019 was flat with $2.3 Smart Grid. VC funding in smart grid companies in 1H 2019 was 11% lower with $120 million compared to the $135 million raised in 1H 2018.

2019 207
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Proposed CA LCFS pathways for corn starch ethanol with carbon capture and sequestration: as low as 37 gCO2e/MJ

Green Car Congress

RTE is proposing two ethanol with CCS pathways: Midwest Corn, Dry Mill; Dry DGS (DDGS), Corn oil and Syrup; Natural Gas and Grid Electricity; Starch Ethanol with CCS produced in Richardton, North Dakota; Ethanol transported by rail to California. By comparison , the pathways without CCS ETCH21 (DDGS) has a CI of 82.30

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

Green Car Congress

Widely ignored, although gaining attention, is China’s strategic positioning as a crucial gatekeeper to several key “green” technologies, including battery energy storage to support electric vehicles (EVs)—specifically, battery electric vehicles (BEVs)—along with stationary storage for power grids.

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New survey finds myths and misinformation about EVs are deeply embedded – Charged EVs

Baua Electric

When I tell a new acquaintance that I write about EVs, as often as not their reply is some sound bite that could be a direct quote from an oil industry social media feed. The third most widely held false belief: “The electricity grid won’t be able to cope with the demands of mass EV adoption.”