Category: Fuels

Biobased biodegradable plastic market to reach value of $5.2 bn this year, report finds

Biobased biodegradable plastic market to reach value of $5.2 bn this year, report finds

October 13, 2023 |

In Delaware, Future Market Insights reported that the biobased biodegradable plastic market is expected to be valued at $5.2 billion in 2023.  The research also found that the market is predicted to expand at a 10% CAGR from 2023 to 2033, reaching a value of $13.6 billion by 2033. “Partnership between the public and business […]

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Southern Alberta group plans waste-to-energy facility near Calgary

Southern Alberta group plans waste-to-energy facility near Calgary

October 13, 2023 |

In Canada, Calgary Herald reported that the Southern Alberta Energy from Waste Association has proposed a facility that would annually process up to 300,000 tons of municipal solid waste from the non-profit’s membership of southern and central Alberta municipalities and waste management jurisdictions, as well as other waste generators across southern Alberta. The association estimates […]

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Next-generation biofuels market to reach value of over $9.8 billion in 2023, report finds

Next-generation biofuels market to reach value of over $9.8 billion in 2023, report finds

October 13, 2023 |

In Ireland, Research and Markets reported that the global next-generation biofuels market is expected to exceed $9.8 billion in 2023.  “This growth trend is expected to continue through 2033, driven by various factors including increasing global energy demand, sustainability concerns, and government regulations aimed at reducing greenhouse gas emissions,” the report said. “As the world […]

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Aker Carbon Capture awarded feasibility study for German CHP project

Aker Carbon Capture awarded feasibility study for German CHP project

October 12, 2023 |

In Germany, Aker Carbon Capture has been awarded a feasibility study to implement carbon capture at a biomass combined heat and power (CHP) facility. The planned capture capacity will be 250,000 metric tons CO2 per year. For this project, Aker Carbon Capture aims to deliver its standardized Just Catch modular product. The study will assess […]

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Portugal to launch European first green hydrogen and biomethane auction for grid injection in coming weeks

Portugal to launch European first green hydrogen and biomethane auction for grid injection in coming weeks

October 12, 2023 |

In Portugal, Reuters reports the country is looking to set up the first auction in Europe for injection of green hydrogen and biomethane to the grid and is awaiting approval to use state aid for the project from the European Commission. The auction could take place in the next few weeks, pending Brussels’ green light, […]

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Green Biofuels Ltd. goes into administration

Green Biofuels Ltd. goes into administration

October 12, 2023 |

In the UK, Green Biofuels Ltd. (UK) entered Administration on October 2 and Lucy Winterborne, Kristopher Stewart Aspin and Alan Michael Hudson of Ernst & Young LLP were appointed as Joint Administrators. The appointment was made by the Qualifying Floating Charge Holder under the provisions of Paragraph 14 of Schedule B1 to the Insolvency Act […]

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Navigator pauses pipeline project while Summit trucks on through

Navigator pauses pipeline project while Summit trucks on through

October 12, 2023 |

In Minnesota, the Star Tribune newspaper reports that Navigator CO2 Ventures has put its pipeline project on pause across all states while Summit Carbon Solutions is moving forward with its plans despite setbacks along parts of its planned carbon dioxide pipeline route. Navigator has withdrawn its application in Illinois in addition to pausing the permitting […]

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Toyoda Gosei trials renewable diesel in trucks with Itochu

Toyoda Gosei trials renewable diesel in trucks with Itochu

October 12, 2023 |

In Japan, Toyoda Gosei Co., Ltd. has participated in a field trial to demonstrate the utility of renewable diesel fuel (RD fuel), an alternative diesel fuel for trucks, in distribution by group company TG Logistics Co., Ltd. This field trial was conducted in collaboration with Itochu Enex Co., Ltd., which is building a supply chain […]

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Indonesia saved 27.8 million CO2e thanks to B30 in 2022

Indonesia saved 27.8 million CO2e thanks to B30 in 2022

October 12, 2023 |

In Indonesia, the Director General of New, Renewable Energy and Energy Conservation (EBTKE) of the Ministry of Energy and Mineral Resources said that throughout 2022, the mandatory B30 biodiesel program succeeded in reducing greenhouse gas emissions by up to 27.8 million CO2e with a biodiesel quota allocation of 11 billion liters, worth more than $10 […]

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Variodin teams with Belize to invest $50M in sargassum-MSW biofuel project

Variodin teams with Belize to invest $50M in sargassum-MSW biofuel project

October 12, 2023 |

In Belize, Reuters reports the country will together with German company Variodin will invest $50 million to produce biofuels from sargassum seaweed that is clogging up Caribbean beaches together with municipal solid waste. With more financing, the project could be scaled up further to export electricity to the national grid through a Power Purchase Agreement. […]

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