article thumbnail

Inside the Global Race to Tap Potent Offshore Wind

Cars That Think

One day soon, a platform 50 times as large may float in the deep waters of the North Sea, buoying up a massive wind turbine to harvest the steady, strong breezes there. About an hour’s ride up the coast, full-scale 3,000-tonne behemoths already float in Aberdeen Bay, capturing enough wind energy to electrify nearly 35,000 Scottish households.

Wind 116
article thumbnail

Sinopec Xinjiang Kuqa green hydrogen pilot project enters operation

Green Car Congress

China Petroleum & Chemical Corporation (Sinopec) announced that the Green Hydrogen Pilot Project in Xinjiang Uygur Autonomous Region in northwest China, has begun producing green hydrogen to replace natural-gas-based hydrogen in its refinery in Xinjiang. Tahe has crude oil processing capacity of 5 million tons per year, coking capacity of 2.6

Hydrogen 195
article thumbnail

IndianOil and Nuclear Power Corporation sign JV agreement for setting up nuclear power plants

Green Car Congress

Indian Oil Corporation Ltd., India’s flagship national oil company, and Nuclear Power Corporation of India Ltd. It is also pushing into renewable energy sources such as solar, wind, bio-fuels, and hydrogen. IndianOil has recently bagged a project in a competitive bidding to set up a 5.5

article thumbnail

Pensana plans $125M rare earth separation facility in England

Green Car Congress

The global rare earth market, driven by demand from industries including electric vehicles and offshore wind, is expected to increase five-fold by 2030 and the NdPr oxide price is forecast to increase at a CAGR of 4.8 - 9.9%, underpinning strong economics for the investment. China currently supplies 98% of Europe’s rare earth magnets.

Angola 345
article thumbnail

Opinion: Political Climate Shifting Against The Oil And Gas Industry

Green Car Congress

Oil and gas companies have had a tough time over the past year trying to weather the storm of falling oil prices. But the political and financial winds are moving in the wrong direction for the industry, raising more “above ground” problems at a time that they can ill-afford it. by Nick Cunningham of Oilprice.com.

Oil 150
article thumbnail

Sasol and ITOCHU to partner on green ammonia and hydrogen

Green Car Congress

South Africa-based Sasol and Japan-based ITOCHU Corporation have signed a Memorandum of Understanding (MoU) jointly to study and to develop the market and supply chain for green ammonia with a focus on its use as bunkering fuel and for power generation. Japan is expected to be a large importer of green ammonia in the future.

article thumbnail

BOEMRE releases study on incorporating climate effects into oil-spill risk analysis for Arctic

Green Car Congress

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) released a new report evaluating how climate change may affect the environmental conditions measured and used in mathematical modeling for oil-spill trajectory analysis in the Arctic region. Study area used in the Oil Spill Risk Analysis for the Alaskan Arctic region.

Climate 199