PREEM notes a focus on renewable fuels is a cornerstone of its business strategy and the redevelopment is another step toward the company's goal of producing 5 million cubic meters of renewable fuels by 2030 and
cutting carbon dioxide emissions by 12.5 million tpy -- roughly 20 pct of Sweden's total emissions.
(Source: Preem, PR, Website, 22 Jan., 2021) Contact: PREEM, +46 (0) 10 459 1000, www.preem.se/en/in-english
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Preem's target of producing 5 million cubic meters of biofuel by 2030 could deliver a reduction of transport emissions of up to 12.5 million tpy of CO2 -- equivalent to about 20 pct of Sweden's total emissions.
(Source: Preem, PR, Website, ChemEngineering, 21 Jan., 2021) Contact: Preem, Peter Abrahamsson, Sustainable Development, Petter Holland, CEO, Pres., +46 (0) 10 459 1000, www.preem.se/en/in-english; Vattenfall, Magnus Kryssare, +46 (0)76-769 56 07, firstname.lastname@example.org, www.vattenfall.com
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The plant conversion is part of a larger project that intends to convert the existing plant for the large-scale production of renewable fuels. To begin with, five pct rapeseed oil will be combined with the fossil raw material for a limited period. This test process is within the conditions of the existing environmental permit and represents an important basis for the refinery's conversion.
The increased renewable production will play an important role in ensuring Sweden achieves its climate targets. The conversion is estimated to reduce emissions in the entire value chain by between 1.2 and 1.7 million tpy of CO2 of which the largest reduction will take place in road traffic. At the same time, renewable fuel production will be accommodated within existing carbon dioxide emissions from the refinery. The plant is expected to be operational by 2024 at the latest, according to the release.
(Source: PREEM, PR, 11 Nov., 2020) Contact: PREEM, Petter Holland, CEO, Pres., +46 (0) 10 459 1000, www.preem.se/en/in-english
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The project, a collaboration between Sweden's largest fuel company Preem, Aker Solutions, Chalmers University of Technology, Equinor, and the Norwegian research institute SINTEF, is funded by the Swedish Energy Agency and the Norwegian research and development programme CLIMIT. (Source: Aker Solutions, Website, 27 May, 2020)
Contact: Aker Solutions , Luis Araujo, CEO, +47 67 51 30 00,
+47 67 82 69 50 fax, www.akersolutions.com
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Preem is the largest fuel company in Sweden, with a refining capacity of more than 18 million m3 of crude oil per year.
Topsoe's HydroFlex is an industry-proven technology that produces renewable fuels, such as gasoline, diesel, and sustainable aviation fuel, from all renewable feedstocks. Topsoe will license and supply basic engineering, proprietary equipment, catalysts and technical services.
(Source: PREEM, PR, Chem Engineering, 12 Mar.,2020) Contact: Haldor Topsoe, Morten Schaldemose, , EVP, www.topsoe.com; PREEM, Petter Holland, CEO, Pres., +46 (0) 10 459 1000, www.preem.se/en/in-english
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Tesla's Powerwall home battery system for a 2,200-square-foot home retails for roughly $14,100 so, although a timely offer, Musk's discount is far from extravagant.
(Source: Tesla, The Verge, 28 Oct., 2019)Contact: Tesla Powerwall, www.tesla.com/en_CA/powerwall
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Industry's commitment is considered crucial for the Norwegian government's investment in the project, which aims at capturing and storing up to 5 million tonnes of CO2 from various industrial sites onshore.
The project is expected to cost between $802 million and $1.4 billion to establish a full CCS chain.
To date, Norway has spent roughly $92 million on the project which could start operations in 2023 or 2024, according to a Gassnova, a governmental agency in charge of CCS development, report.(Source: Equinor, Gassnova, Reuters, 5 Sept., 2019) Contact: Equinor, Eldar Saetre , CEO, www.equinor.com/en; HeidelbergCement, Dr Bernd Scheifele, CEO, Jan Theulen, Director Alternative Resources, www.heidelbergcement.com; Fortum Oyi, www3.fortum.com; PREEM, Petter Holland, CEO, Pres., +46 (0) 10 459 1000, www.preem.se/en/in-english
More Low-Carbon Energy News GassnovaCCS, Equinor, ArcelorMittal, Heidelberg Cement, Preem, Fortum,
The scope of Aker's work includes pilot testing of carbon capture from the oil refinery flue gas in industrial conditions. The
test is intended to assess the carbon capture process performance such as solvent degradation rate, energy efficiency and percentage of CO2 captured which will be included in the possible later design and implementation of a large-scale capture plant.
The feasibility study will include design of a full-scale carbon capture plant for the Hydrogen Production Unit (HPU) at the refinery. (Source: Aker Solutions, Gas World, 28 Feb., 2019) Contact: Preem, Petter Holland, CEO, +46 (0) 10 459 1000, www.preem.se/en/in-english; Aker Solutions, Oscar Graff , VP, Head of Carbon Capture, Utilisation and Storage, Fredrik Berge, Inv. Relations, +47 22 94 62 19, email@example.com, www.akersolutions.com
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According to the petition, requiring utilities to purchase power from wood-burning plants at above market prices is a violation of federal law that gives FERC sole authority to set wholesale prices for electricity. The petition claims that "precedent from the Supreme Court and this Commission make clear that whatever the states may do to encourage the use of renewable or fuel-diverse generation, they may not advance those objectives by setting the price for wholesale sales of electricity."
The petition asks for a declaratory order that SB 365 is preempted by federal law on or before Feb. 1. That's when electricity customers in the Eversource franchise area, more than 70 pct of the state, would begin paying the higher rates.
New Hampshire's six wood-burning power plants are located in parts of the state served by Eversource, which now faces the requirement to purchase their power. (Source: New Hampshire Union Leader, 8 Nov., 2018)
More Low-Carbon Energy News New Hampshire Woody Biomass, Eversource, Woody Biomass, FERC,
Production is slated to get underway at PREEM's expanded Gothenburg refinery in 2022, with the total capacity for biofuels to be more than 264 million gpy of which a subset will be biojet fuel.
SAS has set a target to use all renewable jet fuel in its domestic flights by 2030.
Preem's goal is to manufacture 3 million cubic meters (793 million gpy of biofuels by 2030.
SAS and PREEM intend to enter more detailed and binding agreements by this September.
Preem is also planning a separate project that, together with new hydrogen production plants, will increase the company's renewable fuel production capacity by 60 pct. (Source: PREEM, SAS, GreenCar Congress, 14 July, 2018) Contact: SAS, https://sasgroup.net; PREEM, Petter Holland, CEO, Pres., +46 (0) 10 459 1000, www.preem.se/en/in-english
More Low-Carbon Energy News Renewable Fuel, SAS , PREEM, Jet Biofuel, Aviation Biofuel,