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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. —Jon Moore, CEO of BNEF.

Gas 243
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Cepsa to invest €3B in Andalusia to build the largest green hydrogen hub in Europe; additional €2B for renewable power

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Cepsa—the Spain-based multinational oil and gas company—will invest more than €3 billion to establish the Andalusian Green Hydrogen Valley, creating the largest green hydrogen hub in Europe in southern Spain. The company will build two plants with a total capacity of 2 GW to produce green hydrogen.

Hydrogen 397
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Cummins scaling Belgium electrolyzer manufacturing capacity to 1GW through IPCEI support

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The expansion in Belgium adds to Cummins’ already scaling global electrolyzer manufacturing footprint. The company has added capacity at its Mississauga, Canada, facility and is building two new electrolyzer factories in Spain and China, each starting at 500MW of manufacturing capacity and scalable to 1GW.

Belgium 343
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Global CO2 emissions stalled for the third year in a row

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The annual assessment of global greenhouse gas (GHG) emissions by the JRC and the Netherlands Environmental Assessment Agency (PBL) confirms that CO 2 emissions have stalled for the third year in a row. Emissions from international transport (aviation and shipping) contribute another 3% to the total global GHG emissions.

Emissions 150
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ZeroAvia secures additional $24.3M to launch development of 2MW hydrogen-electric powertrain for regional aircraft

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This funding follows the announcement in December that the UK Government—through the Department for Business Energy & Industrial Strategy (BEIS), the Aerospace Technology Institute (ATI), and Innovate UK—had awarded a £12.3-million

Hydrogen 376
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Snam invests €33M in electrolyzer manufacturer ITM Power

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Within its strategy, focused on the development of the hydrogen value chain, Snam will be able to include ITM Power in projects for the development of green hydrogen through the use of PEM electrolyzers up to 100MW, also in collaboration with other operators at the Italian and international levels.

Power 243
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Dimeta and Enerkem collaborate on large scale waste-to-DME projects in Europe and US

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DME is a clean-burning fuel that can support decarbonization of the off-grid energy sector, including heating, cooking, transport and industrial applications. In Tarragona, Spain, Enerkem’s technology is at the heart of the Ecoplanta project which will produce biomethanol and circular methanol from non-recyclable waste.

Waste 150