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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 power procurement.

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Gigastack renewable hydrogen from offshore wind project advances to next phase; 100MW electrolyzer system

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million for the next phase of Gigastack, a new renewable hydrogen project, as part of the Department for Business, Energy and Industrial Strategy (BEIS) Hydrogen Supply Competition. Producing hydrogen has traditionally been associated with high carbon emissions, but by using renewable electricity—e.g., The UK has awarded £7.5

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Naturgy and Enagás studying production of green hydrogen from 350 MW of wind power in Asturias

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Naturgy and Enagás are studying the production of green hydrogen from a 250MW floating offshore wind farm and another 100MW onshore wind farm in Asturias (Spain) for industrial consumption in this Autonomous Region.

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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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OMV says it will stop oil and gas production by 2050 in transformation to net-zero

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Austria-based OMV, an international, integrated oil, gas and chemicals company, announced its intention to become a net-zero (Scope 1, 2 and 3) company by no later than 2050. OMV’s plan foresees emission reduction targets of 30% in operations (Scope 1 & 2) and a 20% reduction target in the product portfolio (Scope 3) for 2030.

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Ørsted and partners secure funding for H2RES project; offshore wind power to produce renewable hydrogen for road transport

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The plant will use electricity from offshore wind turbines to produce renewable hydrogen for buses, trucks and potentially taxis. The daily hydrogen production is expected to total around 600kg, enough to power 20-30 buses, while also making testing its use in trucks and taxis possible. Avedøre Power Station on Avedøre Holme.

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Siemens Gamesa and Siemens Energy investing €120M over 5 years to develop fully integrated offshore wind-to-hydrogen system

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Siemens Gamesa and Siemens Energy are joining forces to develop an innovative solution that fully integrates an electrolyzer into an offshore wind turbine as a single synchronized system to produce green hydrogen directly. It is a prime example of enabling us to store and transport wind energy, thus reducing the carbon footprint of economy.

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