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Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

Green Car Congress

Huge and immediate need for renewable-based fuels in shipping represents opportunity for investors, according to ‘Fuelling the Fourth Propulsion Revolution’ report released today. Investment in green infrastructure key, as shipping will carry more than half of the world’s net-zero fuels by 2050, report estimates. London, UK.

Renewable 210
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Renewables to overtake coal as largest global electricity source in 2025

Teslarati

During the COP28 climate conference held in Dubai last month, world leaders from over 130 national governments agreed to set a goal to triple world renewable energy installations by 2030. There are still some big hurdles to overcome, including the difficult global macroeconomic environment.” “For

Coal 119
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Prometheus CEO outlines tech advances that could make CO2-to-fuels renewable gasoline and jet price-competitive with fossil fuels

Green Car Congress

In a commentary in the journal Joule , Rob McGinnis, founder and and CEO of Prometheus , a company that is developing technology to remove carbon dioxide from the air and turn it into fuels, discusses the technology advances that could lead to the potential price-competitiveness of renewable gasoline and jet with fossil fuels.

Gasoline 357
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Haru Oni e-fuels demo plant in Chile officially opens

Green Car Congress

E-Fuels company HIF Global, together with partners, authorities, and community representatives, celebrated the production of the first liters of synthetic gasoline at the Haru Oni Demonstration Plant in southern Chile. Chile’s Minister of Energy, Diego Pardow, headed the ceremony where a Porsche 911 was loaded with synthetic fuel.

Chile 426
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Kinder Morgan and Neste partner on major renewable fuels logistics project in US

Green Car Congress

Neste and Kinder Morgan are transforming existing terminal assets into what can be considered green infrastructure, which will ultimately enable more American businesses and cities to power their fleets and supply chains with renewable fuels and other products. —Jeremy Baines, President of Neste US.

Renewable 320
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Port of Argentia, Pattern Energy & Argentia Capital reach agreement on renewable energy to green ammonia project

Green Car Congress

Nefoundland, Canada) reached a binding agreement on commercial terms with Pattern Renewable Holdings Canada 2 ULC (Pattern Energy) for a planned renewable energy to green fuels project at Argentia. Key commercial terms include land lease rates at the Port, priority berthing charges, and a wind royalty on electricity sales.

Renewable 243
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Carbon Clean and Liquid Wind partner on eMethanol production for marine fuel

Green Car Congress

Carbon Clean, a developer of low-cost carbon capture technology, has entered into an agreement with power-to-fuels developer Liquid Wind. Within the Liquid Wind facility, the CO 2 will then be combined with renewable hydrogen to form the carbon-neutral liquid fuel, eMethanol.

Wind 186