Post Tagged with: "renewable"

source: CNBC

Shell to build Europe’s ‘largest’ renewable hydrogen plant to help power Dutch refinery


Plans to build a major hydrogen plant in the Netherlands will go ahead following a final investment decision by subsidiaries of oil and gas giant Shell.


In an announcement Wednesday, Shell said the Holland Hydrogen I facility

Source: Reuters

Column: Can Biden transform the U.S. energy system?


LONDON – U.S. presidential transitions have all the elements of a great news story: people, drama, timeliness, conflict and consequences. But energy systems are mostly shaped by slower moving, impersonal, structural forces.

President Joe Biden’s first executive actions after …

Source: Reuters

Investors storm into alternative energy funds ahead of Biden presidency


Investors are rushing to invest in alternative energy funds this year on hopes of more green reforms, with President-elect Joe Biden set to take office next week.

According to Lipper data, alternative energy funds that primarily invest in solar, …

Source: Reuters

California approves largest ever utility program to expand EV charging


California on Thursday approved a $437 million effort to build thousands of electric vehicle chargers, its utility regulator said, calling it the nation’s largest ever utility program to expand charging infrastructure.

The money will go to utility Southern California …

Source: Reuters

Phillips 66 to reconfigure California refinery for renewable fuels


U.S. refiner Phillips 66 plans to convert its Rodeo, California, crude oil refinery into a renewable fuels plant using cooking oil and food wastes.

Its proposal comes as U.S. refiners HollyFrontier Corp, CVR Energy and Marathon Petroleum have begun …

August 13, 2020 - 1:30 pm Closing Bell Story‎, Energy News, Renewable Energy
Source: CNBC

IEA outlines $3 trillion green recovery plan for world leaders to help fix the global economy


The International Energy Agency has laid out a $3 trillion green recovery plan, offering governments around the world a “once-in-a-lifetime” roadmap to sustainably rebuild their economies in the wake of the coronavirus pandemic.

The Sustainable Recovery report, published Thursday,

Source: CNBC

BP outlines how quickly global carbon emissions would need to fall to reach net zero by 2050


The chief executive of energy giant BP said Wednesday that to get to net zero by 2050, the world would need to see lockdown-like reductions in carbon emissions every other year for the next 25 years.

In the London-based …

Construction of the Salt Tanks which provide efficient thermal energy storage[80] so that electricity can be generated after the sun goes down, and output can be scheduled to meet demand.[81] The 280 MW Solana Generating Station is designed to provide six hours of storage. This allows the plant to generate about 38% of its rated capacity over the course of a year.[82]

WoodMac: Energy storage to accelerate global energy transition in 2020s

BIC Magazine

Finn-Foley said: “The energy storage industry is in the enviable position of juggling growth gamechangers from multiple directions. Plunging costs drove speculation in the first scaled markets but as price declines enter a steadier rate, further recognition of

Carbon capture and store technologies promise to clear CO2 from power plants from the air, but a data analysis suggests CCS may not reduce levels by useful amounts. Photo by Marak007/Pixabay

Carbon capture could be climate change solution, or a waste of time


Earlier this year, the U.S. Department of Energy’s Office of Fossil Energy announced $110 million in federal funding for research and development of carbon capture and storage projects.

According to DOE, carbon capture and storage technologies, or CCS, are …

November 8, 2019 - 10:44 am Closing Bell Story‎, Energy News, Renewable Energy
Dominion Energy and Smithfield Foods invest $500 million in Renewable Natural Gas

Dominion Energy and Smithfield Foods invest $500 million in Renewable Natural Gas

Dominion Energy and Smithfield Foods invest half billion dollars in Align Renewable Natural Gas(SM) (RNG) joint venture to become largest renewable natural gas supplier in U.S.

Dominion Energy (NYSE:D) and Smithfield Foods, Inc. announced today the companies are doubling their …

October 23, 2019 - 11:48 am Closing Bell Story‎, Renewable Energy
Source: Vestas

Sandstone Under North Sea Could Store Compressed Air to Convert to Electricity to Meet Europe’s Needs in Winter: Scientists

Wind turbines pump compressed air into rocks, then use compressed air from rocks to power a turbine that generates electricity for grid when needed

From UPI

To store energy generated by renewable sources in Europe, scientists want to fill giant …