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SunGas Renewables to build $2B green methanol production facility in Louisiana

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SunGas Renewables Inc. announced the formation of Beaver Lake Renewable Energy, LLC (BLRE), which will construct a new green methanol production facility in Central Louisiana. The BLRE project is SunGas Renewable’s first facility to produce green methanol for Maersk.

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Neste testing renewable gasoline in Sweden for possible commercialization internationally

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Neste, the world’s leading producer of renewable diesel and sustainable aviation fuel (SAF), is beginning the final phase of testing of a renewable gasoline for drop-in commercial use in the existing fleet. The product fulfills EN228 standard and can be used in both existing and new gasoline and hybrid cars.

Sweden 199
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Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

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Huge and immediate need for renewable-based fuels in shipping represents opportunity for investors, according to ‘Fuelling the Fourth Propulsion Revolution’ report released today. Particular opportunity for the Global South identified as net-zero fuel production costs expected to be up to 20% lower in Latin America and Africa.

Renewable 210
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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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The investment is the biggest milestone to date of Cepsa’s Positive Motion energy transition plan to lead sustainable mobility and the production of green hydrogen and advanced biofuels in Spain and Portugal this decade. Andalusia has everything it takes to become one of the most competitive regions in the world for hydrogen production.

Hydrogen 397
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IRENA sees renewable hydrogen at least cost-possible within decade

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Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA). For that, today’s manufacturing capacity of less than 1 GW would have to massively grow beyond 100 GW in the next 10 to 15 years.

Hydrogen 482
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ICCT report finds expected surge in renewable diesel production could have damaging environmental impacts due to feedstock demand

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The International Council on Clean Transportation (ICCT) has released a report prepared by the consultancy Cerulogy that explores the potential market and environmental impacts of increased capacity for renewable diesel produced by hydrotreating oils and fats in the US. —from the report, “Animal, vegetable or mineral (oil)?”.

Renewable 243
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Max-Planck-Institut team uses ammonia for direct reduction for more sustainable steel production

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A pathway toward sustainable steel production via ammonia-based direct reduction. a) Comparison of the predicted costs required for hydrogen and ammonia produced by renewable electricity in 2030, assuming that it is produced in Australia and then transported to Japan (reproduced based on data from the International Energy Agency).