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“Project Volt Gas Volt” proposes long-term financing plan to support widespread implementation of power-to-gas systems

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Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. Although they are targeting an initial implementation France, they see it as broadly applicable. Diagram: Isabelle Plat. Click to enlarge.

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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

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About 63% of today’s nuclear generating capacity comes from plants that are more than 30 years old, since many were built in the aftermath of the 1970s oil shocks. And the nuclear industry must quickly address the issues of cost overruns and project delays that have bedevilled the construction of new plants in advanced economies.

Russia 458
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Global Bioenergies picks up new €1.4M financing for isobutene program; targeting Germany expansion

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France-based Global Bioenergies, the developer of a one-step fermentation processes for the direct and cost-efficient transformation of renewable resources into light olefins, has obtained new €1.4-million million) financing from Bpifrance on the isobutene program. million (US$1.6-million) million interest-free loan over seven years.

Financing 150
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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

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Associated sanctions on Russia—with more than 5 million b/d in crude oil processing capacity—disrupted exports of Russia’s refined products into the global market, and will likely continue to do so as import bans in the European Union and United Kingdom come into full force. million b/d in 2022 and by an additional 1.6

Global 448
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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

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November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. and China markets, while the Russian Finance Ministry recently backed away from a tax proposal which Russian crude producers said would reduce their output. by Dalan McEndree for Oilprice.com.

Russia 150
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Michelin 2048 goals: tires made with 80% sustainable material and 100% tire recycling

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Michelin tires are currently made using 28% sustainable materials (26% bio-sourced materials such as natural rubber, sunflower oil, limonene etc., Butterfly covers all research and development phases in the process—from scientific concepts, to the pilot phase and validation on an industrial demonstrator. recycling rate.

2018 199
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OriginOils French JV participating in two large-scale algae projects; office buildings and marine fuel

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the developer of a technology to extract oil from algae, announced that Ennesys, its joint venture partner in France, is working with large institutions to develop two separate large-scale algae projects. The resulting algae will be converted into fuel, electricity and industrial chemicals. OriginOil, Inc.,

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