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Allianz to invest in Finnish green hydrogen and power-to-gas developer Ren-Gas; sector coupling

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Allianz Capital Partners, on behalf of Allianz insurance companies, has signed an agreement to acquire a minority stake in Ren-Gas Oy , a green hydrogen and power-to-gas project developer based in Finland. Allianz will provide funding of €25 million to Ren-Gas to support the company’s project portfolio towards execution.

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European HYFLEXPOWER project to demo first integrated power-to-X-to-power hydrogen gas turbine

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A consortium comprising Engie Solutions, Siemens Gas and Power, Centrax, Arttic, German Aerospace Center (DLR) and four European universities is implementing the HYFLEXPOWER project funded by the European Commission under the Horizon 2020 Framework Program for Research and Innovation (Grant Agreement 884229).

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Nacero awards 20-year wind power purchase agreement to NextEra for natural gas-to-gasoline plant in Texas

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Texas-based Nacero, a company seeking to produce low- and zero-lifecycle carbon footprint gasoline blendstock ( earlier post ) has awarded a subsidiary of NextEra Energy Resources, LLC a 20-year power purchase agreement to supply wind power to Nacero’s planned flagship manufacturing facility in Penwell, Texas. Renewable natural gas.

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Equinor and RWE to develop hydrogen-fired power plants in Germany, Norway-to-Germany hydrogen pipeline

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The partners aim to replace coal-fired power plants with hydrogen-ready gas-fired power plants in Germany, and to build production of low carbon and renewable hydrogen in Norway that will be exported through pipeline to Germany. Germany has an ambition to phase out all coal fired power plants by 2030.

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BMW is planning to ditch gas-powered car production from German plant

Teslarati

German automaker BMW is making a major move toward EV production by ditching gas-powered vehicle manufacturing from its plant in Munich, Germany. BMW has already trained roughly 12,000 workers for different production jobs at the Munich plant. Last year alone, six all-electric models went into production.

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C2CNT process converts flue gas from natural gas power plant into carbon nanotubes

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On 26 July, the first flue gas from the natural gas power plant, the Shepard Energy Center in Calgary, Canada, was directly transformed by the C2CNT process ( earlier post ) into carbon nanotubes. C2CNT is rolling out its carbon nanotube products and licensing its carbon capture technology. Left and center.

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USNC, Hyundai Engineering, SK E&C to partner on nuclear hydrogen production; MMR and SOEC

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Ultra Safe Nuclear Corporation (USNC), a US-based vertical integrator of nuclear technologies and services, Hyundai Engineering and SK E&C are teaming up to conduct research and development for carbon-free hydrogen production. Multiple MMR units can be linked together to provide as much power as needed.

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