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3 Oil Majors That Bet Big On Renewables

Green Car Congress

Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Indeed, much of Big Oil's reduction in greenhouse gas (GHG) emissions leans on the so-called natural gas bridge. 2 Total SA.

Oil 418
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ARPA-E awarding $9.4M to 4 projects focused on removing sulfur hexafluoride from US grid

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million to develop technology focused on removing sulfur hexafluoride (SF 6 )from the US power grid. SF 6 has been the standard gas used inside high voltage electrical equipment as an insulating and arc-quenching medium. TESLA opens possibilities for an SF 6 -free electric apparatus. GE Grid Solutions.

Grid 186
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Polestar, Rivian report concludes automotive industry tracking to overshoot IPCC emissions target by 75%

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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. … —Pathway Report Passenger vehicles currently account for 15% of all greenhouse gas (GHG) emissions globally.

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

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The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. Global Nickel Trade and Chinese Dominance.

China 416
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Nel ASA receives purchase order for 20MW alkaline electrolyzer from steelmaker Ovako

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The fossil-free hydrogen will replace the use of fossil propane gas currently used in the heating furnaces. The electricity used comes entirely from fossil-free sources. At present, global emissions for the industry are estimated at 1700 kg of CO 2 per tonne of crude steel.

Purchase 418
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Biden sets 2030 net GHG reduction target for US of 50-52% below 2005 levels

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US President Joe Biden announced a new target for the United States to achieve a 50-52% reduction from 2005 levels in economy-wide net greenhouse gas (GHG) emissions in 2030. In 2019, US greenhouse gas emissions totaled 6,558 million metric tons of carbon dioxide equivalents (MMT CO 2 Eq.), or 5,769 MMT CO 2 Eq. or 5,769 MMT CO 2 Eq.

2005 243
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Audi e-gas plant qualified to participate in balancing market to stabilize grid

Green Car Congress

The Audi e-gas plant in the city of Werlte in Lower Saxony ( earlier post ) produces CO 2 neutral-fuel (synthetic methane from water, renewable electricity and CO 2 ); it now also contributes toward stabilizing the public power grid.

Grid 150