Renewables

Marathon begins permit approval process for Martinez renewable diesel conversion

Marathon Petroleum recently announced that it has begun the permit application process for the conversion of its idle Martinez refinery into a renewable diesel facility.

How to utilize solar potential

In an age where traditional methods of energy generation, such as burning coal and gas to generate electricity emit greenhouse gases, the energy transition movement has seen the need to investigate alternative or renewable energies. Wind and solar seem to be favored forms of alternative energies to be scaled up first.

As COVID-19 conditions persist, some struggling refineries are trending towards renewable diesel conversions to survive

With the continuing pandemic driven reduction in fuel demand, refineries in North America have worked to survive in ways ranging from reducing production, additional maintenance scheduling, and the permanent shutting in of some complexes altogether. But another direction has begun to persist in North America and abroad with the decision to convert aging refineries away from traditional crude oil production into renewable diesel plants.

Hydrogen in Asia-Pacific: Creating the model of green hydrogen import/export for the next decade

Australia, Japan, and South Korea are leading the way when it comes to hydrogen delivery. Both Japan and South Korea have long term plans for hydrogen utilization and the importation and exportation of green hydrogen plays a critical role in the roadmap for these nations. Australia’s heavy investment along their western shoreline of green hydrogen facilities makes them an excellent partner in fulfilling the future hydrogen needs of Japan.

Hydrogen’s growing influence in the US: How can the US take part in the global hydrogen industry

October 5, 2020 saw a major development in how the United States views hydrogen and its usefulness in clean energy and fuel cell transportation. With support from major global corporations including Air Liquide, Chevron, Cummins, Daimler AG, Microsoft, Nikola Motors, Plug Power, Shell, Toyota and many others, the Fuel Cell and Hydrogen Energy Association (FCHEA) released their “Roadmap To A US Hydrogen Economy”.

Siemens to build large CO2-free hydrogen production plant in southern Germany

Siemens Smart Infrastructure and WUN H2 GmbH signed a contract to build one of the largest hydrogen production plants in Germany. It will be built in Wunsiedel in the north of Bavaria. With a power intake of six megawatts in the initial development phase, the plant will run solely on renewable energy and will be CO2-free.

Japan’s offshore ambitions

Macquarie’s Green Investment Group (GIG), a global investor and developer of green infrastructure assets, recently announced that it has formed a joint venture with Iberdrola, a global energy leader and the world’s largest wind producer.

Shape the refinery of the future through integration

The negative impact of fossil fuels on the environment has become widely accepted, and our global society has begun to focus on alternative fuels. The pollution of the local, regional and global environment has become a primary concern.

Renewable Energy Group announces plans to expand the Geismar biodiesel plant to 340 million gallons per year

The Renewable Energy Group (REG) of Iowa recently announced that it is planning a significant capacity expansion at its existing renewable diesel refinery in Geismar, Louisiana. This expansion will fundamentally increase annual capacity with an additional 250 million gallons at the site by the end of 2023.

REG announces major renewable diesel expansion in Louisiana

Governor John Bel Edwards and president and CEO Cynthia “CJ” Warner of Renewable Energy Group (REG) announced a minimum $825 million capital investment by REG to expand its renewable diesel refinery in Geismar, Louisiana.

Can ammonia be a future energy storage solution?

Ammonia is well known as a fertilizer. However, it is also a potential carbon-free fuel and an excellent solution for storage of renewable electricity, especially if the syngas needed for producing the ammonia is made by electrolysis

Brazilian developments in the biofuels market

Since the 1970s, Brazil has been a world reference in automotive biofuels, especially bioethanol produced from sugarcane. In 1973, the Organization of the Petroleum Exporting Countries (OPEC) forced a sharp rise in oil prices, triggering a massive slowdown in the country’s economic growth, which had been going through what was dubbed the “economic miracle,” with growth at an average of 12% of GDP. This study gives an overview of the biofuel sector in Brazil, along with the main business challenges and opportunities in this area.

Business Trends: The downstream dilemma: Past, present and future of downstream energy

The oil industry’s interest in the downstream segment of the business has known ups and downs. This article reviews the past, present and projected future of the downstream sector and its companies.

Norway kicks off construction of world’s largest floating offshore wind farm

"Hywind Tampen is a new chapter in Norway’s narrative as an energy nation. With support from the Norwegian authorities, we're not only building Norway’s first offshore wind project; we're refining floating offshore wind technology along with the Norwegian supplier industry," says Equinor president and CEO Eldar Sætre.

Shell stock hits 25-year low following rollout of green initiatives

Along with its European peers, Shell is embarking on a transformation to become a cleaner, greener company with much fewer assets in oil by the middle of the century. While many investors have welcomed the new direction, others question a pivot into less-profitable renewables

Exxon Mobil’s investment plan adds millions of tons of carbon output, documents reveal

Planning documents show for the first time that Exxon has carefully assessed the direct emissions it expects from the seven-year investment plan adopted in 2018 by CEO Darren Woods.

Boris Johnson’s UK wind energy plans need subsea ingenuity to succeed

Boris Johnson’s plan to quadruple the size of the UK offshore wind industry will require $58 billion of investment and careful management of what’s a tricky building process in some of the world’s roughest waters.

Offshore wind continues strong growth, bolstered by new floating projects

As spending on renewable energy, particularly offshore wind, accelerates, floating projects will make up a growing share of activity.

The Last Barrel

Energy transition taking shape

Environmental Partnership Releases Report, Expands to Pipeline Companies

The Environmental Partnership expanded its membership to midstream companies and released its second annual report, highlighting the industry’s progress in reducing emissions of methane and volatile organic compounds (VOCs) and working together to protect the environment.

Mohammed bin Rashid Al Maktoum Solar Park Phase 5

On 4 October 2020, the Arab Petroleum Investments Corporation (APICORP), multilateral development financial institution, signed an agreement with Shuaa Energy 3 P.S.C sponsored by Dubai Electricity and Water Authority (“DEWA”), ACWA Power and Gulf Investment Corporation, to provide US$70.5 million in financing for the fifth phase of development of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai, United Arab Emirates (UAE).

Financing secured for Phase 5 of Mohammed bin Rashid Al Maktoum Solar Park

Financing secured for Phase 5 of Mohammed bin Rashid Al Maktoum Solar Park On 4 October 2020, the Arab Petroleum Investments Corporation (APICORP), multilateral development financial institution, signed an agreement with Shuaa Energy 3 P.S.C sponsored by Dubai Electricity and Water Authority (“DEWA..

BP to focus transition portfolio in solar generation

The United Kingdom based BP aims to move from an international oil company (IOC) to international energy company (IEC). Bernard Looney, BP’s Chief Executive Officer recently stated, “No one knows the precise path – but the energy mix is changing – oil and gas are going to be increasingly challenged – and other forms of energy are going to see incredible growth”. To this he continued that, “We have a new guiding purpose – to reimagine energy for people and our planet. A bold ambition – to be a net zero company by 2050 or sooner and to help the world to net zero”.

The offshore winds blow

Orsted recently announced that the Coastal Virginia Offshore Wind (CVOW) pilot project that they were building for their partner Dominion Energy had reached commissioning, and had officially started generating power.

Haldor Topsoe joins ambitious sustainable fuel project in Denmark

The project aims to develop a ground-breaking hydrogen and sustainable fuel facility based on electrolysis in the Greater Copenhagen Area. The project is expected to be executed by 2030 in three stages, achieving the capacity of 10 megawatts (MW) in 2023, 250 MW in 2027, and 1,3 GW in 2030 respectively.

Evonik and Siemens Energy commission pilot plant for sustainable chemicals

Evonik and Siemens Energy today commissioned a pilot plant sponsored by the German Federal Ministry of Education and Research (BMBF) that uses carbon dioxide and water to produce chemicals. The necessary energy is supplied by electricity from renewable sources. The pilot plant is located in Marl, in the northern Ruhr area, and its innovative technology of artificial photosynthesis should contribute to the success of the energy revolution. It is an essential part of the Rheticus I and II research projects, which are sponsored by the Federal Ministry of Education and Research (BMBF) with a total of 6.3 million euros.

Pandemic's reset pushes energy firms toward renewables, hydrogen

The economic trauma caused by the coronavirus pandemic has pushed energy companies to step-up investment in renewables, hydrogen and other low carbon alternatives, but fossil fuels will be their dominant business for the foreseeable future, industry executives said.

More hydrogen, less meat: EU’s new climate plan targets every aspect of modern life

The European Union’s executive will unveil an ambitious emissions-cut plan this week that’ll leave no sector of the economy untouched, forcing wholesale lifestyle changes and stricter standards for industries.

MAN Energy Solutions and Wasco to drive Power-to-Gas technology in South-East Asia

MAN Energy Solutions and Wasco have signed a Memorandum of Understanding (MOU) to promote and commercialize Power-to-X (PtX) projects in South-East Asia.

Italy Can be Hydrogen Hub with Pipeline Imports from Africa - Snam

Italy could become a clean energy hub for Europe by piping hydrogen produced in North Africa from solar power at 10-15% less than it costs to produce locally, according to a new study.