In Germany, the German news agency DPA reports that BMP Greengas’ insolvency has left €200 million in undelivered biomethane contracts to 50 public utilities, leading the Association of Municipal Companies to ask for special permission to use fossil-based natural gas for power and heat production. Many utilities have been put at risk due to the […]
In Massachusetts, Advent Technologies Holdings, Inc. announced a significant expansion order contract with a prominent fuel cell integrator operating in the Asian market. Under the terms of this agreement, Advent will provide its innovative eFuel-powered (“Serene”) fuel cell stacks to be incorporated in power applications within the leisure sector in the region. The contract has […]
In Minnesota, Bloomberg Law reports that as part of the joint venture negotiations between Phillips 66 and Archer Daniel Midland, Phillips may fund the decarbonization of ADM’s coal-fired ethanol plants, with the Decatur facility likely to be first, followed by Columbus or Cedar Rapids. ADM has been trying to spin out its wet-milled ethanol plants […]
In Washington, Energy Information Administration data shows that in January 2023, U.S. production capacity of renewable diesel and other biofuels reached 3 billion gallons per year, surpassing U.S. biodiesel production capacity for the first time. Rising targets for state and federal renewable fuel programs and the renewal of biomass-based diesel tax credits are driving this […]
In Texas, JERA Americas & Uniper announced a non-binding Heads of Agreement, together with ConocoPhillips, for an ammonia sale to Uniper and that moves their cooperation on development of a low-carbon ammonia production facility along the US Gulf Coast to the next phase. The announcement builds on a Memorandum of Understanding (MOU) the parties signed […]
In the UK, analysis by NRDC shows that real renewables like wind and solar are already alleviating the need to burn millions of metric tons of wood in UK power stations. In the first six months of 2023 (January-June), the use of genuine renewables avoided the burning of 32 million tons of wood in bioenergy […]
In Brazil, Petrobras has signed a memorandum of understanding with MIC Capital Partners (Brazil Strategic Opportunities) Fundo de Investimento em Participações, Mubadala Capital Group’s Multi-strategy Investment Abroad, to develop studies covering future businesses in the downstream segment, with emphasis on evaluating Petrobras’ participation in a biorefining project. The Mubadala Capital Group is in the process […]
In Indonesia, Pertamina, through its subsidiary PT Pertamina International Shipping, and PT Pelindo have signed a collaboration agreement for the Jakarta Integrated Green Terminal (JIGT) development in Kalibaru, North Jakarta. JIGT would not only store fuels like LPG, gasoline, and biodiesel but would also be designed to accommodate LNG, CPO, UCO (Used Cooking Oil), and […]
In South Korea, Korean Air will launch a program to use sustainable aviation fuel (SAF) for air cargo operations in cooperation with air cargo customers and forwarders. Customers can make customized contributions through the Korean Air Cargo SAF program and reduce their carbon footprint. Korean Air will use the contributions to purchase additional SAF and […]
In Brazil, Platts reports the spread between imported diesel A and domestic biodiesel has narrowed enough to potentially increase demand for the bio-based alternative. A narrower spread could entice the government to increase the blending mandate from the current 12%. The mandate is meant to increase 1% per year until reaching 15% in 2026. Although […]
