According to Oxford-based independent energy market analytics company Aurora Energy Research, reaching 40GW of offshore wind capacity by 2030 will require a clear government strategy, an investment of at least £50 billion ($69.34 billion) and a methodical approach for grid development and advanced infrastructure for integrating the electricity generated by offshore wind farms into the electricity grid. An investment of £160 million ($221.91 million) will also be need to upgrade the country's ports and factories to boost turbine production. (Source: Aurora Energy Research, Various Media, Power Technology, May, 2021) Contact: Aurora, Martin Anderson, Head of Renewables, +44 (0) 1865 952 700, email@example.com, www.auroraer.com
More Low-Carbon Energy News Aurora Energy Research, UK Offshore Wind, Wind, Offshore Wind,
The pathways studied consume renewable (low-carbon) electricity and use chemical feedstocks derived from electrochemical pathways powered by renewable energy. Across these CO2 recycling pathways, the authors evaluated current globally representative production costs, sensitivities to cost drivers, carbon abatement potential, critical infrastructure and feedstock needs, and the effect of subsidies. Based on this analysis, the paper concludes with targeted policy recommendations to support CO2 recycling innovation and deployment. Key findings of the analysis include :
Based on these findings, the authors recommend the following policy actions:
Download the report
HERE. (Source: Columbia University/ SIPA, Center for Global Energy Policy, 4 May., 2021) Contact: Columbia University, www.energypolicy.columbia.edu
More Low-Carbon Energy News Carbon Emissions,
Bids for the project are due by 1 July at 12:00 CET. A shortlist of bidders will be determined in September and a final selection announced in February 2022.
As previously reported, France's first offshore wind farm, off the coast of Saint-Nazaire (486 MW) is due to come on line in 2022 followed by six additional projects totaling 3.5 GW capacity. France is aiming to have installed capacity of 2.4 GW by 2023 increasing to 5.2-6.2 GW by 2028.
(Source: CRE, Website PR, Montel, 3 Apr., 2021) Contact: CRE, www.cre.fr/en
More Low-Carbon Energy News Offshore Wind, France Offshore Wind,
FACA recommends that USDA lay the foundation for a potential carbon bank by first developing a series of pilot projects aimed at:
According to the FACA, this approach will lay essential building blocks for a voluntary carbon bank that creates opportunities for all producers and landowners to participate in rapidly developing voluntary private markets and leverages private investment in agricultural and forestry climate solutions. As USDA develops a carbon bank, it must protect all existing funding for farm bill conservation and insurance programs, and it must ensure that a USDA-led carbon bank doesn't undermine voluntary private markets.
The FACA consists of 70 member organizations representing farmers, ranchers, forest owners, agribusinesses, manufacturers, the food and innovation sector, state governments, sportsmen, and environmental advocates. These groups have broken through historical barriers to develop and promote shared climate policy priorities across the entire agriculture, food and forestry value chains, according to its website.
(Source: FACA, Website PR, 3 Apr., 2021) Contact: FACA, www.agclimatealliance.com
More Low-Carbon Energy News Voluntary Carbon Market, Carbon Emissions, Climate Change, Carbon Bank, Carbon Storage, CCS,
The EU Emissions Trading System (U ETS), which is designed to put a cost on carbon dioxide for some of the most highly polluting industries ranging from power generation, cement production to aviation, has rallied more than 50 pct since the start of the year. (Source: Various Media, 4 Apr., 2021)
More Low-Carbon Energy News EU ETS, Carbon Price,
One of the key areas of focus will be the development of green hydrogen production, storage and transportation facilities in addition to developing hydrogen gas turbine combined cycle facilities. This could see the implementation of Misubishi Power's Hydaptive package that optimises integration across renewables, energy storage and hydrogen-enabled gas turbine power plants.
Mitsubishi Power and Magnum Development will also develop green hydrogen storage assets in PSE's territory under the terms on the agreement having previously introduced green hydrogen storage at grid scale in Delta, Utah.
(Source: Mitsubishi Power Americas, Website PR, 29 Apr., 2021)
Contact: Mitsubishi Power Americas, Paul Browning, Pres., CEO, (407) 688-6100, www.power.mhi.com/regions/amer; Puget Sound Energy, Mary Kipp, Pres., CEO, www.pse.com
More Low-Carbon Energy News Mitsubishi, Puget Sound Energy , Green Hydrogen,
"Other countries have initiated national ethanol policies as part of their countries' global initiatives to decarbonize transportation fuels, and US biofuel producers are ready to play a larger role in meeting these targets here and around the world." -- Brian Jennings, CEO, American Coalition for Ethanol Contact: American Coalition for Ethanol, Brian Jennings, CEO, (605) 334-3381, www.ethanol.org
More Low-Carbon Energy News American Coalition for Ethanol , Ethanol, Climate Change,
In particular, the study calculated the net economic and environmental costs of the Renewable Fuels Standard (RFS) mandates and found that maintaining the corn ethanol mandate would lead to a cumulative net cost to society of nearly $200 billion from 2016 to 2030 compared to having no RFS. The social cost of nitrogen damage from corn ethanol production substantially offsets the social benefits from GHG savings, the report notes.On the otherhand, the additional cellulosic mandate could provide substantial economic and environmental benefits with technological innovations that lower the costs of converting biomass to cellulosic ethanol and policies that place a high monetized value for GHG mitigation benefits. The study notes that maintaining the corn ethanol mandate pushes more land into corn production which increases the market price of other agricultural commodities. While producers might benefit from higher market prices.
The study notes the cellulosic ethanol mandate could provide an overall benefit with the right policies. Supporting research and development to lower the cost of converting biomass to cellulosic ethanol would substantially reduce production costs and increase social benefits, and a high monetized value for GHG mitigation could offset all other costs.
CABBI researchers hope performance-based policies -- including the low carbon fuel standard, carbon and nitrogen leakage taxes, or limits on crop-residue harvest -- can be implemented to supplement the RFS mandates after 2022.
CABBI aims to integrate recent advances in agronomics, genomics, and synthetic and computational biology to increase the value of energy crops -- using a "plants as factories" approach to grow fuels and chemicals in plant stems, an automated foundry to convert biomass into valuable chemicals, and ensuring that its products are ecologically and economically sustainable. This holistic approach will help reduce fossil fuels dependence, according to the CABBI website.
(Source: CABBI, PR, 27 Apr., 2021) Contact: CABBI, Evan DeLuc1a, (217)244-1586, firstname.lastname@example.org, www.cabbi.bio
More Low-Carbon Energy News CABBI, Biofuel, RFS, Corn Ethanol,
The funds will cover research in the Powder River Basin of Wyoming and Montana and the Greater Green River and Wind River basins of Wyoming and Colorado.
The production of rare earth elements and critical minerals is "vital for use in electronics, magnets, batteries, phosphors for lighting with applications in national security and clean energy production -- including the manufacturing of wind turbines", the release notes.
The feasibility of recovering REEs from coal-based resources has been expanded through efforts led by the DOE and the National Energy Technology Laboratory, UW added.
(Source: University of Wyoming, PR, May, 2021) Contact: Wyoming School of Energy Resources Center for Economic Geology Research Scott Quillinan, Dir, 307 766-6697, www.uwyo.edu/cegr
More Low-Carbon Energy News University of Wyoming, Carbon,
The industry estimates over 33 Petajoules (PJ) of landfill derived RNG can be generated in Canada, potentially supplying energy to approximately 400,000 homes for a year. Canada has over 10,000 landfill sites, generating approximately 30 Megatonnes (Mt) of carbon dioxide equivalent (CO2e) annually, accounting for 20 percent of national methane emissions, according to the release.
(Source: Enbridge Inc., Website, PR, Greenlane, 28 Apr., 2021) Contact: Enbridge, Leanne McNaughton,
email@example.com, www.enbridge.com; Comcor Environmental Limited, www.comor.com; Walker Industries, www.walkerind.com
More Low-Carbon Energy News RNG, Enbridge,
The battery projects, which range from 20 to approximately 300 MW across three states, are expected to be developed over the next three to five years. The projects will leverage the company's advantaged asset footprint and legacy transmission interconnection assets, including those within densely populated areas with high power demand. The battery storage installations will support grid resiliency as Talen's wholly-owned coal-fired facilities transition to run on lower carbon fuels, including natural gas and co-located renewables.
Talen's first two planned battery storage development projects are 20-MW demonstration projects adjacent to its H.A. Wagner (Baltimore, Md.) and Camden, N.J. generation facilities. The H.A. Wagner generation facility is among the coal-fired facilities that Talen announced will cease burning coal by the end of 2025The Camden battery project is expected to serve as an added capacity resource adjacent to this natural gas generation facility. The company expects to begin construction on these demonstration projects in Q4 2021.
Talen Energy owns and/or controls approximately 13,000 MW of generating capacity in wholesale U.S. power markets, principally in the Mid-Atlantic, Texas and Montana. (Source: Talen Energy, PR, 3 May, 2021)
Contact: Talen Energy, Alex Hernandez, Pres., Olivia Sigo,
Dir. Finance & Investor Relations,
More Low-Carbon Energy News Talen Energy, Energy Storage, Battery Energy Storage,
Of the total, $30.6 million will be invested in practical action to restore and account for blue carbon ecosystems to improve the health of coastal environments in Australia and regionally:
The Government has also newly pledged $59.9 million to develop a high-integrity carbon offset scheme in its Indo-Pacific region to stimulate investment in high-quality projects that deliver carbon offsets that meet the requirements of the Paris Agreement.
The investments are in addition to more than $1.1 billion the Morrison Government previously announced it will invest in low emissions energy technologies such as hydrogen and carbon capture and storage and is in addition to the $18 billion of investment the Government is making alongside the Technology Investment Roadmap over the next 10 years to drive at least $70 billion of total new investment in low emissions technologies in Australia by 2030.
(Source: Gov. of Australia, PR, Good News Network, 2 May, 2021) Contact: Gov. of Australia, www.Australia.gov.au
More Low-Carbon Energy News CCSAustralia Climate Change, Blue Carbon, Mangrove, Carbon Emissions,
In March, Nest hired Octopus Renewables to help invest £250 million of UK defined-contribution pension capital in clean-energy infrastructure this year.
Nest, which manages £16 billion of assets from the UK's auto-enrolment scheme is aiming to invest £1.4 billion in the European renewables sector by the end of the decade. (Source: Octopus Renewables, PR, IP&E, 28 Apr., 2021) Contact: Nest, www.nestpensions.org.uk;
Copenhagen Infrastructure Partners, Kristina Negendahl Jessen, +45 70 70 51 51, firstname.lastname@example.org, www.cip.dk
More Low-Carbon Energy News Octopus Renewables, Biomass, UK Biomass, Copenhagen Infrastructure Partners ,
To that end, VW is working to decarbonise its production and supply chains and has pledged that all its plants except for those in China will be powered purely by 'green' electricity by 2030. The auto giant is also introducing more sustainable components into the construction of its vehicles and says that CO2 emissions will now be a key criterion when awarding contracts to suppliers.
VW also aims to increase its share of EV sales to 70 pct of its European sales and 50 pct of its U.S. and China sales by 2030
The firm is also pushing to develop its battery recycling operation and intends to recycle more than 90 pct of the raw materials used in its batteries in the future. (Source: Volkswagen, PR, AutoCar, 27 Apr., 2021)
More Low-Carbon Energy News Carbon Emissions, Carbon Neutral, Volkswagen,
The power will be sourced from Boralex's wind asset portfolio, specifically from assets whose contracts with EDF will have expired. Boralex is the largest independent producer of onshore wind power in France, (Source: Boralex, PR, 29 Apr., 2021)Contact: Boralex, Patrick Lemaire, Pres., CEO, (514) 985-1353, www.boralex.com
More Low-Carbon Energy News Boralex, Wind,
Scout will use the facility primarily to provide letters of credit to support current and upcoming security requirements related to new project interconnections and power purchase agreements (PPAs) for its renewables pipeline.
The company has over 4 GW of onshore wind, solar photovoltaic (PV) and battery storage projects in its 13-state pipeline and 843 MW of onshore wind farms in operation. (Source: Scout Clean Energy, PR, Website, 26 Apr., 2021)Contact: Scout Clean Energy, Michael Rucker, CEO, (303) 284-7566, email@example.com, www.scoutcleanenergy.com
More Low-Carbon Energy News Scout Clean Energy , Wind, Renewable Energy,
Through the provable "burning" of MCO2 tokens (via UNISWAP), ORDAM created the world's first carbon neural crypto asset offering. For every Bitcoin owned, ORDAM will buy and "plants" MCO2 tokens, offsetting carbon emissions.
ORDAM is the first asset management company to offer carbon offsetting globally. (Source: MOSS, ORDAM, PR, 27 Apr., 2021) Contact:
MOSS, www.moss.earth/en/home; One River Digital Asset Management, (203) 489-1440 , firstname.lastname@example.org, www.oneriveram.com/digital-assets-strategies
More Low-Carbon Energy News Carbon Offset, Carbon Credits,
As previously reported, the original 5-fear agreement signed in August 2020 committed ExxonMobil to purchase 2.5 million bpy of renewable diesel for distribution within California and potentially other US and international markets. (Source: ExxonMobil, PR, Apr. 27, 2021)
Contact: ExxonMobil, Andy Madden, VP Strategy and Planning, ExxonMobil Fuels & Lubricants, www.corporate.exxonmobil.com;
Global Clean Energy, Global Clean Energy Holdings, Richard Palmer, CEO, 424-318-3618, email@example.com, www.gceholdings.com
More Low-Carbon Energy News Global Clean Energy, Renewable Diesel, Camelina, ExxonMobil, Biofuel,
The net proceeds of the fund raise is earmarked for previously announced development of its existing portfolio including the expansion of its Republic of Ireland assets from 30MW to 90MW.
The company notes that its portfolio of operational energy storage assets has doubled to 210 MW across 11 projects in Great Britain and Ireland and that its two 50-MW Northern Ireland energy storage project -- Mullavilly and Drumkee -- were completed on time and within budget and are now generating revenue. (Source: Gore Street Capital, PR, Website, Solar Power Portal, 27 Apr., 2021) Contact: Gore Street Capital, Alex O'Cinneide, CEO, +44 (0) 203 826 0290, www.gorestreetcap.com
More Low-Carbon Energy News Gore Street, Battery, Energy Storage,
As part of this goal, the U.S intends to triple our adaptation finance by 2024.. The Biden Administration will work closely with Congress to meet these goals. U.S. agencies, working with development partners, will prioritize climate in public investments, enhance technical assistance and long-term capacity, align support with country needs and priorities, and boost investments in adaptation and resilience. For example, the U.S. Agency for International Development (USAID) will release a new Climate Change Strategy in November 2021. The U.S. International Development Finance Corporation (DFC) will update its development strategy to not only include climate for the first time, but also to make investments in climate mitigation and adaptation a top priority. The Millennium Challenge Corporation (MCC) will adopt a new Climate Strategy in April 2021, centered on investing in climate-smart development and sustainable infrastructure, and aims to have more than 50 pct of its program funding go to climate-related investments over the next five years. Treasury will direct U.S. executive directors in multilateral development banks (MDBs) to help ensure MDBs set and apply ambitious climate finance targets and policies, in partnership with other shareholders.
U.S. departments and agencies will enhance strategic coordination on providing and mobilizing international climate finance and technical assistance to ensure the complementarily of agency efforts, instruments, and expertise. Departments and agencies will increase collaboration and adopt best practices on incorporating climate considerations into their international work and investments, such as screening all projects for climate-related risks to ensure they are resilient.
The amount of ethanol and ethyl tertiary butyl ether (ETBE) used as an admixture in Super E10, Super Plus and Super E5 petrol fell by 4 pct to just under 1.10 million tonnes from 1.14 million tonnes the previous year. More than 125,000 tonnes of bioethanol were used for ETBE production -- equivalent to 42.8 pct more than the 88,000 tonnes used in 2019. By contrast, bioethanol as an admixture in petrol fell to 971,000 tonnes from 1.1 million tonnes in 2019.
According to the release, in 2020 the use of bioethanol saved about 3 million tonnes of CO2 in transport
The German Bioethanol Industry Association (BDBe) represents the interests of its member companies and associations, spanning agricultural production of raw materials to industrial production and processing of bioethanol and its co-products (DDGS, CDS, biogenic carbon dioxide, gluten, yeast, biomethane, organic fertiliser). Different types of bioethanol are produced for use as transport fuels or for the beverage and industrial markets from agricultural feedstock, such as grains and sugar beet. Petrol at German filling stations contains between 5 pct and 10 pct certified sustainable bioethanol, the report notes. (Source: German Bioethanol Industry Association, Website, PR, Apr., 2021)
Contact: German Bioethanol Industry Association, Stefan Walter, MD, Carola Wunderlich, 49 (0)30 301 29 53 13, firstname.lastname@example.org, www.bdbe.de
More Low-Carbon Energy News Ethanol, Bioethanol,
The report identifies scenarios, assumptions, and related strategies -- including transitioning to zero emission vehicles, accelerating the use of alternative fuel sources, and reducing vehicle miles traveled -- tools, options, tradeoffs and benefits for areas where action can be taken now, as well as where additional actions, targets, policies, research and technology development are needed in the medium and longer term. The policy options outlined in the study, when combined, could lead to a zero-carbon transportation system by 2045, while also improving equity, health, and the economy.
Download the Driving California's Transportation Emissions to Zero report HERE. (Source: University of California Institute of Transportation Studies, Apr., 2021) Contact: University of California Institute of Transportation Studies, www.ucits.org
More Low-Carbon Energy News Transportation Emissions,
To that end, Hershey has a 15-year PPA with BayWa r.e. that will enable the financing and construction of Hershey's first utility-scale, 20-MW solar farm in Camden, NC. Hershey also has a PPA with National Grid Renewables for 50 MW, 118,000 MWh per year solar project currently under construction in Denton County, Texas.
Combined, the two solar projects are projected to cut Hershey's CO2 footprint by 115,650 tpy and support the company's science-based GHG reduction targets. (Source: Hershey, PR, Baking Business, 21 Apr., 2021) Contact: BayWa r.e. Solar Projects LLC, Jam Attari, CEO, Christine Owens, VP Marketing, www.us.baywa-re.com
More Low-Carbon Energy News BayWa r.e., Solar,
The project will allow O&R to delay building costly new infrastructure that's designed to accommodate energy use at its peak and to sell power into those markets. The project also supports New York State's initiative to install 3,000 mw of energy storage statewide by 2030. New York State is mandated to achieve 70 pct renewable energy by 2030 and 100 pct zero-emission electricity by 2040. (Source: Orange and Rockland Utilities, PR, Apr., 2021)
Contact: O&R, Robert Sanchez, CEO, Pres., www.oru.com; Powin Energy, 503-598-6659, email@example.com, www.powinenergy.com
More Low-Carbon Energy News nergy Storage, Battery, Powin Energy,
For the project, ITOCHU will provide a long-term supply of wood pellets and Green Power Fuel, of Osaka Gas, will provide domestic woodchips. The plant will operated and maintained by Tokyo Energy & Systems .
(Source: ITOCHU Corporation, Website PR, 15 Apr., 2021) Contact: ITOCHU Corporation, www.itochu.co.jp
More Low-Carbon Energy News ITOCHU Corporation,
Under the program, Schneider's Energy & Sustainability Services division will provide tools and resources to program participants to help them set and achieve their own carbon reduction targets. Suppliers will be first encouraged to quantify their CO2 emissions using the company's digital tools. Suppliers will then use that data to set goals and strategies for emissions reduction. Suppliers will also work towards their goals through decarbonization initiatives such as energy efficiency or renewables. The Zero Carbon Project will enable best practice exchange with peers and partners to access other innovative solutions for decarbonization.
(Source: Schneider Electric, PR, Construction Week, 19 Apr., 2021)Contact: Schneider Electric, Vicki True, 774-613-1158, firstname.lastname@example.org, www.se.com, twitter.com/SchneiderElec
More Low-Carbon Energy News Schneider Electric, Carbon Emissions, Carbon Footprint,
The majority of Claresholm's power and associated emission offsets are sold to TC Energy under a PPA and the rest of the electricity will be sold into Alberta's wholesale power pool. (Source: Capstone Infrastructure Corp., PR, jwn, 19 Apr., 2021) Contact: Obton A/S, +45 86 26 12 00, www.obton.com; Capstone Infrastructure Corp., David Eva, CEO, 416-649-1300, Fax: 416-649-1335, email@example.com, www.capstoneinfra.com
More Low-Carbon Energy News Capstone Infrastructure , Solar, Obton,
Survey respondents see many opportunities stemming from the challenges of 2020, including the focus on health. Members see more demand for buildings to promote a healthy environment for occupants and more people understand the link between buildings and the environment, and how the connection impacts individual health and wellness. The largest opportunity identified through the survey is greater consumer demand for buildings to promote a healthy environment for occupants (35 pct). The connection the general public is making about the impact sustainability has on health and wellness (24 pct) and the importance of increased monitoring of indoor air quality (22 pct) were also identified as opportunities.
The biggest pain points, the survey found, due to the pandemic are economic. No single pain point stands out, but the top issues relate to costs and reduced occupancy with financial pressures and tight budgets (23 pct), increased operational costs for health and safety protocols (22 pct), as well as a remote workforce (22 pct) and reduced/no occupancy (21 pct). The pandemic has also put a spotlight on indoor air quality with that being both the most important issue for the industry due to the pandemic and the biggest way to increase public trust in buildings.
Download the USGBC and GBCI community survey 2021 report HERE. (Source: USGBC, PR, Apr., 2021) Contact: USGBC, wwwusgbc.org; GBCI, www.gbci.org
More Low-Carbon Energy News Green Business Certification, Green Building, Energy Efficiency, Green Building ,
BREEAM is the world's leading sustainability assessment methodology for master-planning projects, infrastructure and buildings. It recognizes and reflects the value in higher performing assets across the built environment lifecycle, from new construction, through performance in operation, to refurbishment. BREEAM does this through third party certification of the assessment of an asset's environmental, social and economic sustainability performance, according to its website.
WashREIT owns and operates 43 properties includes nearly 7,000 multifamily apartment units and approximately 3.4 million square feet of commercial space in Washington, DC.
The global green bond market expected to exceed $ 1 trillion by the end of 2021. (Source: WashREIT, PR, Apr., 2021) Contact: WashREIT, 202.774.3200, www.washreit.com; BREEAM USA, 415-747-5152, firstname.lastname@example.org www.breeam.com/usa
More Low-Carbon Energy News Green Building, BREEAM, Energy Efficiency, Green Bond,
Amyris will not receive any proceeds from the sale of shares in the secondary offering by the selling stockholders. The gross proceeds from the offering to Amyris, before deducting the underwriting discount and commissions and estimated offering expenses, and assuming no exercise of the underwriters' option to purchase additional shares, are expected to be approximately $120.6 million. J.P. Morgan Securities LLC and Cowen and Company, LLC are acting as the joint bookrunning managers for the offering.
Amyris delivers high-performance alternatives to petroleum, plant and animal-based products across a wide range of consumer and industry segments (Source: Amyris, Inc., PR 9 Apr., 2021)
In other Amyris, Inc. news, the company has executed a binding term sheet for the acquisition of Gen Z-focused beauty brand, EcoFabulous Cosmetics (EcoFabulous). The acquisition furthers Amyris's growth and market leadership in clean beauty and complements Amyris's family of consumer brands, consisting of Biossance®, Pipette®, Rose Inc., JVN, Terasana, and Costa Brazil. (Source: Amyris, PR, 15 Apr., 2021) Contact: Amyris, Inc., Paul Vincent, Vice President, Strategic Finance and Treasury, Amyris, Inc., (510) 450-0761, email@example.com; Peter DeNardo, Investor Relations Consultant, firstname.lastname@example.org; Beth Bannerman, Chief Engagement & Sustainability Officer, (510) 914-0022, email@example.com, www.amyris.com
More Low-Carbon Energy News Amyris,
The first stage of the project, for which Act has earmarked $100 million, will begin with a "market sounding" pre-procurement process to understand how a large-scale battery can be incorporated in the territory. The storage capacity will be shared among a variously-sized assets at different locations and provide power to reduce pressure on the grid, reduce electric power prices and generate new revenue opportunities for the territory government.
The project may deliver several batteries with a variety of capacities through one or many organisations and may include a small number of large-scale batteries (50MW-plus), as well as a larger number of smaller, "precinct-scale" batteries. Batteries could be connected to the ACT's transmission or distribution network, located at government sites such as bus depots or co-located with large-scale renewable generation facilities, according to the release.
The new battery capacity will be additional to the storage included in the territory's renewable electricity reverse auction last year, where 200MW of new generation will flow from Neoen's Stage 1 Goyder South Wind Farm in South Australia and GPG's Stage 2 Berrybank Wind Farm in Victoria. Neoen and GPG will build large-scale batteries located in Canberra, with the Neoen battery expected to be capable of powering about 15,000 typical homes for an hour in the event of a blackout. (Source: ACT PR, 19 Apr,, 2021) Contact: ACT, Sam Engele, Climate Action Coordinator, www.act.gov.au
More Low-Carbon Energy News Neoen, Australia Renewable Energy, Energy Storage,
The portfolio includes the Alta Wind VIII, 150-MW wind generating facility; Windstar,120-MW wind generating facility; a nd the Coram, 22-MW wind generating facility, all in California. The Granite, 99-MW wind generating facility in New Hampshire is also included. The acquisition will be completed with a combination of undrawn funds remaining from the 2020 convertible equity portfolio financing and existing debt capacity.
NextEra Energy Partners acquires, manages and owns contracted clean energy projects with stable, long-term cash flows and owns interests in geographically diverse wind and solar projects in the U.S. as well as natural gas infrastructure assets in Texas and Pennsylvania. (Source: NextEra Energy Partners, PR, 19 Apr., 2021) Contact: NextEra Energy Partners, www.NextEraEnergyPartners.com
More Low-Carbon Energy News NextEra Energy, Wind,
The Assembly Solar III project is the third phase of the Assembly Solar project in Michigan to begin construction. The projects were developed by Chicago-based Ranger Power in partnership with DESRI, and are being constructed by McCarthy Building Companies, Inc. Assembly I began operating in December 2020 and Assembly II is slated to reach commercial operation in the third quarter of 2021. The Assembly Solar cluster will total 239 MW and generate sufficient power for more than 43,000 Michigan homes.
DESRI and its affiliates acquire, own, and manage long-term contracted renewable energy assets in North America. DESRI's portfolio of contracted renewable energy projects currently includes 75 wind and solar projects across 32 states with 5,372 MWac of aggregate capacity. (Source: D. E. Shaw Renewable Investments, PR, 19 Apr., 2021) Contact: DESRI, (212) 478-0000, www.deshaw.com
More Low-Carbon Energy News D. E. Shaw Renewable Investments news, DESRI news, Solar news,
The Portfolio includes 33 operating assets comprised of onshore wind (424 MW), solar PV (66 MW), and concentrated solar (50 MW) located throughout Spain. Total cash consideration to be paid for the Portfolio upon closing will be €345 million (Cdn. $520 million) together with the assumption of debt in the amount of €716 million (Cdn.$1,075 million). The acquisition is expected to close in Q3, 2021, subject to regulatory approvals and customary closing conditions. (Source: Northland Power, Website PR, 14 Apr., 2021)Contact: Northland Power, Mike Crawley, CEO, Inc., David Povall, Exec. VP, (416) 962-6262, www.northlandpower.com; Helia Renovables, www.dnb.com/business-directory/companyprofiles.helia_renovables_fcr.17923b9d5b34a27511c140416afe2293.html
More Low-Carbon Energy News Northland Power, Wind, Solar,
An excerpt from the letter states, "To restore the standing of the U.S. as a global leader, we need to address the climate crisis at the pace and scale it demands. Specifically, the U.S. must adopt an emissions reduction target that will place the country on a credible pathway to reach net-zero emissions by 2050. We, therefore, call on you to adopt the ambitious and attainable target of cutting GHG emissions by at least 50 pct below 2005 levels by 2030."
The letter demonstrates the U.S. business and investor communities' strong support for a highly ambitious 2030 emissions reduction target, or Nationally Determined Contribution (NDC) pursuant to the Paris Agreement, in pursuit of reaching net-zero emissions by 2050. Latest climate modeling shows that at least halving emissions by 2030 is achievable, and provides strong economic benefits. The Biden administration is expected to announce its NDC prior to the Leaders Summit on Climate.
Business signatories of the letter collectively represent over $3 trillion in annual revenue and employ nearly 6 million U.S. workers across all 50 states. They range in size from small- and medium-sized enterprises (SMEs) to large multinational corporations, and represent a number of industries. Investor signatories collectively represent more than $1 trillion in assets under management and include CalSTRS, the New York State Comptroller, the New York City Comptroller and the California State Controller's Office, among others.
"The U.S. business community is committed to doing its part to reduce emissions because it is good for the economy and helps us build back better. Companies want to work with the Biden administration toward a better future for all," said Maria Mendiluce, CEO of the We Mean Business coalition. "I applaud businesses and investors for raising their voices in support of at least halving U.S. emissions by 2030. This is what the climate crisis requires, and will strengthen the country's competitiveness and create more good jobs"
"A strong national emissions reduction target is just what we need to catalyze a net-zero emissions future and build back a more equitable and inclusive economy," said Anne Kelly, vice president of government relations at Ceres. "Businesses of all sizes recognize that reducing emissions is vital to keeping the U.S. competitive, and protecting the health and well-being of people and the planet. By setting a strong target, the Biden administration can ensure the U.S. is ready to return to its role as a global climate leader and spur further action from the private sector."
We Mean Business is a global coalition of nonprofit organizations working with the world's most influential businesses to take action on climate change. The coalition brings together seven organizations: BSR, CDP, Ceres, The B Team, The Climate Group, The Prince of Wales's Corporate Leaders Group and the World Business Council for Sustainable Development. Together we catalyze business action to drive policy ambition and accelerate the transition to a zero-carbon economy.
Business signatories to the letter include Apple; Ben & Jerry's Homemade, Inc.; BT Americas; Boston Consulting Group; Burton; Coca-Cola; Danone North America; DSM North America; Edison International; Facebook; GAP Inc.; General Electric; Google; H&M; Hewlett Packard Enterprise; HP Inc.; IKEA Retail U.S.; Johnson & Johnson; Kellogg Company; LafargeHolcim; Levi Strauss & Co.; Lyft, Inc.; MARS; Mastercard; McDonald's Corporation; Microsoft; National Grid; New Belgium Brewing; Nestle; Nike; Novozymes North America; Orsted North America; Ralph Lauren Corp.; Schneider Electric; Siemens; Solvay; Starbucks; Tiffany & Co; Unilever; Verizon; VF Corporation; and Walmart, among others.
(Source: We Mean Business Coalition, PR, Apr., 2021) Contact: We Mean Business Coalition, Maria Mendiluce, CEO, Kristen King, 904-608-1745,
More Low-Carbon Energy News Climate Change,
New company highlights include:
The combined Company will be headquartered in Cannonsburg, Penna. led by a majority-independent board consisting of executives Daniel J. Rice, IV, Kyle Derham, Kate Jackson, Joe Malchow, and Jim Torgerson of RAC; Nicholas Stork, CEO of Archaea; and Scott Parkes of Aria.
(Source: Rice Acquisition Corp., PR, 7 Apr., 2021) Contact: Archea Energy, Nick Stork, CEO, firstname.lastname@example.org, www.archaeaenergy.com;
Aria Energy, Richard DiGia, CEO, (248) 380-3920, www.ariaenergy.com: Rice Acquisition Corp., www.ricepac.com
More Low-Carbon Energy News RNG, Aria Energy, Archaea Energy, ,
Under the partnership , existing Spruce solar customers have the option to add sonnen's newest offering, the 10 KWh sonnenCore home battery system, to their solar home. Together with its partners, sonnen has already deployed more than 12.6 MWh of VPP projects built around the sonnen ecoLinx, which Bloomberg described as the "iPhone of batteries." Spruce and sonnen plan to develop VPP projects using behind-the-meter solar and retrofit battery customers in markets where DER aggregation opportunities are emerging. (Source: Spruce Power, 8 Apr., 2021)
Contact: Spruce Power, Christian Fong, CEO , 866-216-5474, www.sprucepower.com; sonnen, Blake Richetta, CEO US Operations, www.sonnenusa.com
More Low-Carbon Energy News Spruce Power, sonnen, Solar, Energy Storage ,
IRENA Dir. General Francesco La Camera notes that over 170 countries have set renewables targets, many of which are included in their Nationally Determined Contributions (NDCs) under the Paris Agreement on climate change.
To meet the Paris Agreement 1.5 degree C goal, the report notes the following could be used in combination: Energy efficiency and circular economy measures; decarbonized power systems with supply dominated by renewables; electrification of end-use sectors, with the increased use of electricity in buildings, industry, and transport; expanded production and use of green hydrogen, synthetic fuels, and feedstocks to pursue indirect electrification; and targeted use of sustainably sourced biomass.
According to the report, financial markets and investors have begun directing capital away from fossil fuels and towards other energy technologies including renewables. However, to achieve the 1.5 degrees C climate ambition, energy transition investment will have to increase by 30 pct over currently planned investments, to an average annual level of $4.4 trillion. The report also suggests that national social and economic policies will play important roles in delivering the energy transition at the necessary speed.
Suncor Energy Inc., LanzaTech, Mitsui & Co., Ltd., and British Airways are among the other LanzaJet investors.
LanzaJet's technology is uniquely able to produce up to 90 pct of its fuels as SAF, with the remaining 10 pct as renewable diesel. The LanzaJet process can use any source of sustainable ethanol for jet fuel production, including, but not limited to, ethanol made from recycled pollution, the core application of LanzaTech's carbon recycling platform, according to LanzaJet. (Source: LanzaTech, Shell, Digest, Apr., 2021) Contact: LanzaTech, LanzaJet, Dr. Jennifer Holmgren, CEO, (630) 439-3050, email@example.com, www.lanzatech.com
More Low-Carbon Energy News Shell, LanzaTech, LanzaJet, SAF,
With more than 35 years in the renewable energy and high-tech industries, Kirk has diverse experience providing business strategy and guidance to startups and early-stage companies. Most recently, he served as a consultant for Hyliion and Terminus AI where he led business development and regulatory compliance. Roller also held leadership positions in sales and marketing at Hyliion, Cenergestic and CommScope as well as led sales and business development efforts for the solar industry, supporting building management and infrastructure development.
"At ClearFlame Engine Technologies, we're breaking the bond between the diesel engine and diesel fuel, accelerating the path to true emissions reduction for the heavy-duty and off-highway markets. ClearFlame's technology meets global emissions regulations using readily available climate-friendly fuels. Our technology lowers costs by negating the need for complex after treatment technologies without compromising the practicality or performance of traditional diesel engines", according to the company release. (Source: ClearFlame Engine Technologies, PR, 8 Apr., 2021) Contact: ClearFlame Engine Technologies, B.J.Johnson, CEO, Michelle Caldwell, 313.418.4692, PR-Comms@clearflameengines.com, www.clearflameengines.com
More Low-Carbon Energy News ClearFlame Engine Technologies,
According to the release, the company secured $128 million in financing for the repowering work that will sequentially replace the 23 existing turbines with newer, more efficient units.
Clearway Energy Group is one of the largest developers and operators of clean energy in the United States with over 4.7 GW of wind, solar, and energy storage in operation, including assets owned through affiliate company Clearway Energy, Inc., according to the company website.
(Source: Clearway Energy Group, PR, Cumberland Times-News, Contact: Clearway Energy Group, www.clearwayenergygroup.com
More Low-Carbon Energy News Wind, CLearway Energy,
Fuel ethanol operating margins and production rates are largely driven by fuel ethanol, corn, and natural gas prices. Estimated fuel ethanol margins fell to negative levels in February, when natural gas supplies were disrupted and natural gas spot prices approached near record-high levels. As a result, many fuel ethanol producers reduced production rates. Amid record-high natural gas prices, some fuel ethanol producers chose to sell natural gas supplies back into spot markets instead of producing fuel ethanol. U.S. weekly fuel ethanol production has since increased to an average of 922,000 b/d for the week ending March 19, but fuel ethanol inventories have yet to fully return to average levels after the supply disruption.
U.S. weekly inventories of fuel ethanol fell to 21.3 million barrels as of March 12, 2021, which marked the fourth consecutive weekly inventory withdrawal at a time when inventories typically build as we head into the summer driving season. The March 12 inventory level was 13 percent less than at the same time last year and the lowest inventory level since Nov. 27, 2020, when fuel ethanol production and inventories began increasing after reaching five-year lows, which occurred as a result of responses to COVID-19. Fuel ethanol prices and producer margins have since returned to average levels. Elevated prices for fuel ethanol renewable identification numbers (RINs) should also help drive higher fuel ethanol production rates and prompt fuel ethanol inventories to build closer to their normal seasonal averages in the coming weeks, as evidenced by the slight increase to 21.8 million barrels as of March 19, 2021.
Source: U.S. Energy Information Administration, 31 Mar., 2021) Contact: U.S. Energy Information Administration, Weekly Petroleum Status Report, www.eia.gov/petroleum/supply/weekly
More Low-Carbon Energy News U.S. Energy Information Administration, thanol,
The nanomaterial process technology has provided a 9x improvement for the Nickel-Iron batteries used in a wide range of large-scale energy storage devices, transportation and other applications. The technology can also be used to create solid state batteries with carbon fibre and a silk interposer treated with an electrolyte. This can be used to create batteries in the structure of electric vehicles such as cars and boats. The company has already created a pilot project where a 1 meter electric boat was constructed where the hull of the boat became the battery.
The nanoparticle process generates particles that are many orders-of-magnitude more effective in increasing energy surface in existing batteries by mixing them into the slurry that is a standard part of all battery manufacturing lines. Nanom has achieved scale in its manufacturing process and can already satisfy the requirements of battery markets which is a key challenge for nanoparticle production, according to the company release. (Source: Namon, PR, eeNews Europe, 5 Apr., 2021)
Contact: Nanom, Armann Kojic, CEO, +354 776 7555, 650 427 9060 – California Office, firstname.lastname@example.org, www.nnom.com
More Low-Carbon Energy News Battery Energy Storage,
Quantum Energy has an extensive B2B book of business across most U.S. business segments, including Fortune 500 companies, state municipalities, universities and companies in Canada.
Znergy's commonsense cost reduction program enables customers to reduce energy consumption, lower maintenance costs and realize environmental benefits, according to the company website. (Source: Znergy Inc., PR, Apr., 2021) Contact: Zenergy Inc., Investor Relations ,
Rick Mikles, (800) 931-5662, email@example.com, www.zenergyworld.com
More Low-Carbon Energy News Quantum Energy, Znergy, LED Light, Energy Efficiency, Energy Mnagement,
NovaSource is now the largest global solar operations and maintenance workforce, with over 700 service technicians serving the utility, industrial, commercial, and residential solar markets, as well as EV charging station infrastructure. The combined resources will provide the solar industry with an independent market leader focused on enabling the growth of the renewable energy infrastructure through safe, professional, and reliable O&M services, according to the release. (Source: NovaSource Power Services, First Solar, Inc., PR, 31 Mar., 2021) Contact: NovaSource Power Services, www.novasourcepower.com; First Solar, David Brady, Inv. Rel., (602) 414-9315, firstname.lastname@example.org, www.firstsolar.com
More Low-Carbon Energy News NovaSource Power Services, Solar, First Solar ,
Opdenergy is an Independent Power Producer with extensive experience in the development, financing, construction, and operation of wind and solar energy assets.
(Source: Opdenergy, Website PR, 31 Mar., 2021) Contact: AEP, Opdenergy, +34 914 559 996, www.opdenergy.com/en; AEP Energy, Ben Buckworth, email@example.com, www aepes.com
More Low-Carbon Energy News Opdenergy, Solar, AEP Energy,
Okinawa Electric Power also uses woody biomass at its 312MW Gushikawa coal-fired power plant and forecasts using a total 30,000 tpy of wood pellets for both plants and cutting its CO2 emissions by around 40,000 tpy.
The move to woody biomass pellet fuel is in line with the utility's plan cut greenhouse gas emissions to achieve carbon neutrality by 2050. (Source: Okinawa Electric Power, Korea Herald,
Mar 29, 2021) Contact: Okinawa Electric Power, www.okiden.co.jp/en
More Low-Carbon Energy News Okinawa Electric Power, Woody Biomass, Wood Pellet, Carbon Emission,
The company notes that its portfolio of operational energy storage assets has doubled to 210 MW across 11 projects in Great Britain and Ireland and that its two 50-MW Northern Ireland energy storage project -- Mullavilly and Drumkee -- were completed on time and within budget and are now generating revenue.
(Source: Gore Street Capital, PR, Website, 25 Mar., 2021) Contact: Gore Street Capital, Alex O'Cinneide, CEO, +44 (0) 203 826 0290, www.gorestreetcap.com
More Low-Carbon Energy News Gore Street, Energy Storage,
The companies will negotiate a CO2 off-take and a sequestration and monitoring agreement for OLCV to transport CO2 from the facility for sequestration in an underground geologic formation in the Rio Grande Valley.
Next Decade aims to make the LNG facility a net-zero carbon emissions development with CCS and by purchasing carbon offsets, subject a final investment decision later this year. Construction is expected to get underway in 2022. (Source: NextDecade Corp., Website PR, Mar., 2021)
Contact: Oxy Low Carbon Ventures, Richard Jackson, Pres., U.S. Onshore Resources and Carbon Management, OLCV@OXY.COM, www.oxylowcarbon.com; NextDecade Corp., (713) 574-1880, www.next-decade.com
More Low-Carbon Energy News Occidental Petroleum Corp., CCS, NextDecade, LNG,