⛽ NEW FUELS
1️⃣ Australian hydrogen project featuring 5GW of renewables secures investment firm backing - A Western Australian renewable hydrogen facility that will be powered by 5GW of solar PV and onshore wind has secured the backing of Danish investment firm Copenhagen Infrastructure Partners (CIP).
Announced in October last year, the Murchison Renewable Hydrogen Project will be constructed near the town of Kalbarri in the mid-west of Western Australia and will provide hydrogen exports to Asian markets such as Japan and South Korea.
2️⃣ New Russian association formed to develop hydrogen technologies - Six educational and scientific institutions in Russia have created a new consortium for the development of hydrogen technologies, Technologic Hydrogen Valley.
The newly formed consortium will develop technologies involving the entire hydrogen chain, from formation to transmission, safe storage and utility application.
3️⃣ Canada poised to lead the blue hydrogen transition - Alberta is already a major producer of grey hydrogen, used for industrial processes such as in bitumen upgrading, oil refining and chemical production. It is fortunate to have an opportunity to transition to production of blue hydrogen — produced from natural gas via steam methane reforming with the produced CO2 permanently sequestered — at very low cost relative to most other jurisdictions.
4️⃣ Diesel giant Cummins spells out hydrogen strategy - The company specifically outlined its plans to generate electrolyzer revenues of at least $400 million in 2025. Members of the Cummins leadership team reviewed the company’s existing hydrogen portfolio and strategy and discussed specific market opportunities at a virtual conference held today with the investment community.
5️⃣ Hiringa Energy and Firstgas collaborating on green hydrogen in New Zealand - Green hydrogen supplier Hiringa Energy is collaborating with Firstgas to see if the gas network operator’s existing natural gas pipelines could be used to establish 100 hydrogen stations across New Zealand by 2030.
6️⃣ S Korea aims to commercialize hydrogen import/export business over 2028-2030 - South Korea aims to commercialize its hydrogen import and export business over 2028-2030, including building an overseas production base and a domestic terminal, Nak-Hyun Kwon, director of the business coordination department at H2KOREA, said Nov. 17.
❄️ LNG & Natural Gas
1️⃣ Audi using LNG Class 8 trucks at Neckarsulm - Audi Logistics at the Neckarsulm site will use two trucks powered by LNG (liquefied natural gas) to supply the site. The LNG trucks will replace conventional diesel vehicles and save up to 20% of CO2 and around 85% of NOx.
2️⃣ Sempra to go ahead with Mexico's Costa Azul LNG export - Sempra Energy said on Tuesday it reached a final investment decision (FID) to build a liquefied natural gas export project in Mexico, the only LNG export project in the world to reach FID this year as coronavirus hit demand for fuel.
🚘 Mobility - EVs, Batteries & Fuel Cells
1️⃣ EH Group fuel cells deployed in Croatia - Hydrogen fuel cell technologies from EH Group are now powering electric vehicles in Croatia.
The Switzerland-based company yesterday (16th Nov) announced that its EH-31 fuel cell has been deployed in an electric vehicle pilot project, developed by DOK-ING.
A manufacturer of robotic systems for special purpose uses, DOK-ING develops vehicles for underground mining, military engineering, demining and firefighting.
2️⃣ Tritium unveils world first scalable EV charging platform - The MSC (Modular Scalable Charging) hardware platform provides customers with the flexibility to increase the power level of their charger as EV charging capabilities advance, and ‘pay as you grow’. Charger power can be increased in 25kW increments, starting at 25kW and increasing to 350kW and beyond.
☀️ RENEWABLE GENERATION & SUPPLY
🔋 Energy Storage
1️⃣ EnerVenue's metal-hydrogen batteries vs. lithium-ion in standalone large-scale energy storage - A safer, zero maintenance and lower cost alternative to lithium-ion batteries is a sought-after storage dream, but startup EnerVenue says it’s close to reality right now in the form of a metal-hydrogen battery technology that’s been used in outer space for almost half a century. It is a compelling case.
2️⃣ Long-duration energy storage milestones achieved by Lockheed, Eos and Form Energy - While lithium-ion continues to dominate big project announcements worldwide, three providers of long-duration non-lithium battery technologies have claimed various milestones in commercialisation.
Lockheed Martin said this week that the first test of its commercial redox flow battery is underway, while zinc battery company Eos Energy prepares to list on the stock market and aqueous air battery startup Form Energy has reportedly netted US$70 million of investment.
3️⃣ Gore Street taps Fluence to deliver 30MW Ireland battery - Gore Street has signed a turnkey engineering, procurement and construction (EPC) contract and an operations and maintenance contract with Fluence for a 30MW grid battery project in the Republic of Ireland.
🔆 Solar Power
1️⃣ Enel turns sod on 163MW Chile solar - Enel Green Power Chile has begun construction of the 160MW Sol de Lila photovoltaic project in the Atacama Desert, in Chile’s Antofagasta region.
Start-up is scheduled for July 2021.
2️⃣ Frost & Sullivan: Perovskite Solar Cells Set to Transform Solar Industry - Perovskite-based solar cell technologies have gained attention due to their low manufacturing costs and higher operational output and efficiency limits compared to first- and second-generation solar cells, according to Frost & Sullivan’s recent analysis, Emerging Innovations Driving Efficiency Enhancements in Perovskite Solar Cells.
🌊 Wave, Ocean, Hydro & Tide
💨 Wind Power
♻️ CARBON CAPTURE & CIRCULAR TECH
💎 Carbon Capture
1️⃣ Government to help fund four carbon capture and storage hubs in the UK - (UK) ITV News understands that on Wednesday the prime minister will pledge to help fund four carbon capture and storage “hubs” in the UK - in Scotland, Wales, the Humber and Teesside - and to have them up and running “by the mid-2020s”.
2️⃣ Suez, BP to Explore Carbon Capture, Storage Project in UK - Suez SA said Monday that it has signed a memorandum of understanding with BP PLC to explore the feasibility of a carbon-capture, utilization and storage project in the U.K.
3️⃣ CCS facility kept more than 46000 tonnes of CO2 from entering the atmosphere in October - (Canada) During the month of October, the carbon capture and storage (CCS) facility at the Boundary Dam Power Station captured 46,294 tonnes of carbon dioxide (CO2).
The average daily capture rate when CCS was online was 2,314 tonnes per day, with a peak one-day capture rate of 2,652 tonnes.
🔄 Recycling, Waste & Circular Tech
🏦 POLICY & INVESTMENTS
1️⃣ Regulators can help clear the way for entrepreneurial energy companies to innovate - Government regulation can pose a significant barrier for new ventures seeking to enter regulated markets, such as electric power, because they typically lack the resources and experience to meet requirements posed by regulations.
For large established companies, by contrast, operating in regulated markets can be beneficial because they have the resources and experience to overcome regulatory hurdles, while smaller competitors don’t. Large incumbents can also set the rules of the game in their favor by influencing lawmakers to create cumbersome legislation that makes it harder for new ventures to establish themselves.
2️⃣ Top U.S. Interior Department contender eyes renewable energy expansion on public land - A top contender to lead the U.S. Interior Department under Democratic President-elect Joe Biden said the federal government should prioritize expanding renewable energy projects on public land, changing course after the Trump administration paved the way for a surge in oil and gas drilling there.
3️⃣ Canada Launches Radioactive Waste Policy Engagement - The Honourable Seamus O'Regan, Canada's Minister of Natural Resources, today launched an inclusive engagement process to modernize Canada's Radioactive Waste Policy. Through this process, the Government of Canada will engage interested Canadians, including Indigenous peoples, waste producers and owners and other levels of government.
4️⃣ Israel launches 10-yr national energy efficiency plan - It includes promoting the transition to renewable energy production and the use of electrical technologies instead of technologies that consume fossil fuels.
5️⃣ WindEurope urges wind permitting overhaul - WindEurope has called for an overhaul of onshore wind permitting rules in Europe, as part of eight policy recommendations for governments on how to develop enough capacity to help deliver the EU’s Green Deal.
The association said “slow and complex” permitting procedures are the main bottleneck for new wind farms, which can take some authorities three years to decide on a permit.
6️⃣ Strengthening Maine’s Clean Energy Economy - Maine Governor’s Administration Releases Report - The Maine Governor’s Energy Office (GEO) and Governor’s Office of Policy Innovation and the Future (GOPIF) last week released a report detailing plans to expand Maine’s clean economy workforce, as well as support innovation and training opportunities in renewable power generation and energy efficiency. The report, Strengthening Maine’s Clean Energy Economy, will be incorporated into the Maine Climate Council’s four-year Climate Action Plan expected to be released on December 1, 2020.
7️⃣ German retail gas prices to rise in 2021 due new CO2 tax: portal - Millions of German households will see their gas heating bills rise at the start of 2021 because of a new carbon dioxide tax, price comparison portal Verivox said on Tuesday, citing 7.1% average increases planned by 104 suppliers it surveyed.
💰 Investments & Funding
📈Pricing & Trading
1️⃣ Pharma giant Bayer buys power from Europe's largest solar plant in Iberdrola deal - Pharmaceutical and chemicals giant Bayer will take green power from Europe’s largest solar array under a deal to run all its facilities in Spain on green electricity.
Bayer signed a 10-year deal with Spain-based global renewable energy pacesetter Iberdrola for 100% clean electricity for its nine Spanish sites, including three factories.
2️⃣ Market Slow to Embrace CME's US LNG Futures Contract One Year After Launch - Roughly a year after CME Group launched its U.S. liquefied natural gas (LNG) futures contract, the first ever available in the world for physical LNG delivery, it has yet to trade as the spot market continues to evolve and global players have long been slow to adopt new financial tools in their deals.
1️⃣ Southern Alberta witnessing ‘unprecedented’ surge in renewable energy projects - The energy sector in southern Alberta looks very promising according to experts, especially with over $2 billion worth of renewable energy projects being built in the region.
2️⃣ How to cut carbon out of your heating - With many people spending more time than usual in their homes this year, how can the environmental cost of heating them be reduced?
3️⃣ EIA expects U.S. crude oil production to remain relatively flat through 2021 - In the U.S. Energy Information Administration’s (EIA) November Short-Term Energy Outlook (STEO), EIA forecasts that U.S. crude oil production will remain near its current level through the end of 2021.
4️⃣ Numbers show we’re not as addicted to fossil fuels as you think - The way we think about how much fossil fuels contribute to our energy mix overplays its utility. That’s because much of the energy from burning fossil fuels is lost as waste heat and noise, or as BloombergNEF’s Colin McKerracher puts it: “just sound and fury, signifying nothing.”
The average efficiency of coal power plants globally is about 33%, according to the World Coal Association.
5️⃣ University of Oxford: 'We must change what we eat to solve the climate crisis' - Researchers warn that even if global fossil fuel emissions were stopped with immediate effect, emissions derived from global food systems alone could push global temperature increases above 1.5°C.
6️⃣ India's renewable future - As the second most populated country on the planet (and seventh largest in area), India has enormous energy demands. Today, most of that energy comes from coal and, as a result, India trails only China and the United States when it comes to CO2 emissions.