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Aemetis signs $3B, 10-year supply agreement for 450M gallons of renewable diesel with industry-leading travel stop company

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Aemetis, a renewable fuels company focused on negative carbon intensity products ( earlier post ), has signed a 10-year, 450-million-gallon renewable diesel supply agreement with an industry-leading travel stop company, which is expected to generate more than $3 billion in revenue. The industrial site has 710,000 s.f.

Renewable 321
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Polestar, Rivian report concludes automotive industry tracking to overshoot IPCC emissions target by 75%

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Polestar and Rivia have collaborated on a ‘ Pathway Report ’ which concludes that the automotive industry is set to overshoot the IPCC’s 1.5-degree The report, which uses existing, open-source data to model the current trajectory for emissions stemming from the car industry, was carried out by global management consulting firm Kearney. …

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BASF and RWE proposing 2GW offshore wind farm for green electricity and hydrogen for chemical industry

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Markus Krebber (RWE), accompanied by Chairman of the Mining, Chemical and Energy Industries Union (IG BCE) Michael Vassiliadis, presented a project idea that envisions a new 2 GW offshore wind farm in the German North Sea to provide the Ludwigshafen chemical site with green electricity and enable CO 2 -free production of hydrogen.

Wind 416
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Jemena and Coregas partner on green hydrogen for New South Wales transport industry

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Australian energy infrastructure company Jemena and gas supply company Coregas are partnering to advance the use of green hydrogen for the transport industry in New South Wales. This is the first time the New South Wales transport industry will have access to green hydrogen. The JGN supplies more than 1.4

Hydrogen 243
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EIA expects significant increases in US wholesale electricity prices this summer

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The US Energy Information Administration (EIA) forecasts that prices in US wholesale electricity markets this summer will significantly increase over last summer’s prices. EIA forecasts summer electricity prices will average $98/MWh in California’s CAISO market and $90/MWh in the ERCOT market in Texas. MMBtu in May 2021.

Price 476
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Dow and X-energy to deploy first advanced small modular nuclear reactor at industrial site

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Dow and X-Energy Reactor Company entered into a joint development agreement (JDA) to demonstrate the first grid-scale advanced nuclear reactor for an industrial site in North America. X-energy manufactures its own proprietary version (TRISO-X) to ensure supply and quality control. Earlier post.)

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Stellantis signs binding agreement with Element 25 for manganese sulphate supply for EV batteries; sourced in Australia, processed in US

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Stellantis and Australia-based Element 25 signed a binding agreement for Element 25 to supply battery-grade, high-purity manganese sulphate monohydrate (HPMSM) to Stellantis for use in electric vehicle (EV) battery packs. The geology and hence mining at Butcherbird are simple, according to the company.

Australia 387