Author: Anela Dokso

fuel Hydrogen

Portugal is making a substantial leap towards green energy solutions with the support of the European Investment Bank (EIB), which recently approved a significant 430 million euro loan to Galp’s Sines Refinery for advancing biofuels and green hydrogen projects. This financial influx underpins two strategic initiatives poised to influence the broader European energy landscape. A new biofuels unit, forged in collaboration with Japan’s Mitsui, is being developed with a 250 million euro fraction of the loan, forming part of a broader 400 million euro investment. This project, expected to commence operations in 2026, aims to produce up to 270,000 tons…

Read More
DOE Greenlights Eleven Energy Projects to Boost Grid and Clean Energy Transition

The U.S. Department of Energy’s (DOE) recent approval of System Impact Studies for 11 energy projects represents a critical milestone in the transition toward a more resilient and sustainable energy grid. The projects, which span multiple states and encompass solar, wind, and other renewable energy technologies, are poised to add significant capacity to the national energy grid. According to DOE projections, these 11 initiatives could collectively increase grid capacity by several gigawatts. This increase is essential for meeting the Biden administration’s ambitious targets for clean energy transition, which aim to cut greenhouse gas emissions by half by 2030. Current data…

Read More
Battery

A bold new step in the electric vehicle (EV) supply chain is being taken as a $500 million EV battery material plant is set to open in Waggaman, Louisiana. This facility represents a pivotal moment as it will be the first of its kind in the United States, signaling a shift in domestic production capabilities for high-demand battery components. The Waggaman plant underscores the increasing importance of localizing supply chains amid global disruptions. With EV demand accelerating—electric vehicle sales surged 40% globally in 2022—the necessity for a stable, accessible battery component supply is critical. Statistics reveal the U.S. ranks behind…

Read More
HYBRIT Proves Feasibility of Large-Scale Fossil-Free Hydrogen Storage

HYBRIT project has demonstrated that large-scale storage of fossil-free hydrogen gas is not only technically feasible but also economically beneficial. Conducted by SSAB, LKAB, and Vattenfall, and supported by the Swedish Energy Agency, this initiative marks a significant step toward decarbonizing the iron and steel industry, which currently contributes to approximately 7% of global carbon dioxide emissions. By utilizing fossil-free electricity and hydrogen, HYBRIT aims to markedly reduce emissions in Sweden and Finland, potentially lowering them by 10% and 7% respectively. Central to HYBRIT’s success is the pilot facility in Luleå, Sweden, where a steel-lined rock cavern stores hydrogen gas,…

Read More