The European Commission's Innovation Fund opens calls for €4 billion ($4.4B) in funding for #decarbonisation and #netzero technologies: • General decarbonisation (large-scale) - €1.7 billion available for projects with CAPEX above €100 million • General decarbonisation (medium-scale) - €500 million available for projects with CAPEX between €20 million and €100 million • General decarbonisation (small-scale) - €200 million available for projects with CAPEX between €2.5 million and €20 million • Cleantech manufacturing - €1.4 billion available for projects with CAPEX above €2.5 million focusing on the manufacturing of components for renewable energy, energy storage, heat pumps and hydrogen production • Pilot - €200 million available for projects with CAPEX above €2.5 million focusing on deep decarbonisation. Read the press release and submit your proposal by April 9th, 2024 here: https://lnkd.in/eHm6HBfi #innovation #technology #future #entrepreneurship #startups #venturecapital #sustainability #alternativeenergy #greentech #finance #renewableenergy #privateequity #renewables #cleanenergy #energytransition #climateaction #climate #decarbonization #climatehope EU Environment and Climate
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Honeywell and The University of Texas at Austin are engineer-scale testing an advanced solvent for post-combustion #carboncapture at the Technology Centre Mongstad (TCM), #Norway. TCM is the largest carbon capture test facility in the world and the technology being tested is the product of a multi-year cooperative agreement that was supported by the Office of Fossil Energy and Carbon Management | U.S. Department of Energy and managed by National Energy Technology Laboratory. #energytransition #emissions #carbonemissions #CO2 #carbon #decarbonization #decarbonisation #ccs #ccus #carbonremoval U.S. Department of Energy (DOE)
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The Supreme Court of the U.S. has refused to pause the US Environmental Protection Agency (EPA) power plant plan that will require all #coal-fired power plants that operate past 2039 and new natural #gas-fired power plants to reduce carbon #emissions by 90%. If you don't subscribe to the WP, read the Reuters version here: https://lnkd.in/egurdBvR #sustainability #cleanenergy #energytransition #carbonemissions #CO2 #carbon #decarbonization #decarbonisation #carboncapture #ccs #ccus #carbonremoval #climateaction #oilandgas
Supreme Court clears way for Biden’s plan to cut power plant emissions
washingtonpost.com
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#Germany takes the lead as the first European Union member state to implement #climate protection contracts, with a first round of €2.8 billion ($3.05B) for industrial #decarbonization. The first of 15 recipients include BASF, Suedzucker AG / ADR, Kimberly-Clark, Saint-Gobain and wienerberger. #sustainability #energytransition #emissions #carbonemissions #CO2 #carbon #decarbonisation #climateaction
Germany earmarks $3 billion for decarbonisation subsidies
reuters.com
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In case you missed this, the U.S. Department of Energy (DOE)'s Argonne National Laboratory is using bovine waste to successfully make sustainable aviation fuel (#SAF) that cuts greenhouse gas #emissions by up to 70%! #sustainability #aviation #renewableenergy #renewables #circulareconomy #energytransition #carbonemissions #IRA #decarbonization #SAF #sustainableaviationfuel #biofuels #biomass Haoran Wu, Ph.D. Taemin Kim Meltem Urgun-Demirtas Pahola Thathiana Benavides Sultana Ferdous Yupo Lin Troy Hawkins
Argonne technology converts waste streams into biofuel that dramatically reduces carbon emissions from jets
anl.gov
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Italy's Eni is speaking with investors about a new #carboncapture and storage (#CCS) division that it then intends to spin off, while retaining managerial control. Eni's current CCS portfolio includes HyNet North West in the UK, Ravenna CCS (https://lnkd.in/eBKat6pi) in Italy and L10CCS, a Dutch project interconnecting with Aramis. #energytransition #emissions #carbonemissions #CO2 #carbon #decarbonization #decarbonisation #ccus #carbonremoval
Eni in Talks With Suitors for Stake in New Carbon Capture Unit
bnnbloomberg.ca
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If you're interested in tracking global #carbon prices, I have found this widget from Carbon Credits to be excellent. Bookmark the website or add the widget here: https://lnkd.in/eqynRXTX #sustainability #energytransition #CO2 #decarbonization #decarbonisation #carbonmarkets #carboncredits #carbontrading #carbonemissions
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Japan Petroleum Exploration Co.,Ltd (JAPEX), Idemitsu Kosan Co., Ltd, Hokkaido Electric Power Company (HEPCO) and Japan Oil, Gas and Metals National Corporation (JOGMEC) are planning a 2 mtpa #carboncapture and storage (#CCS) hub in Hokkaido, Japan. Read a quick summary from Reuters here: https://lnkd.in/e4YiacZx Or download the press release here: https://lnkd.in/e-ZXUfcs #cleanenergy #energytransition #CO2 #carbon #emissions #carbonemissions #decarbonization #decarbonisation #ccus #carbonremoval #carbonsequestration #carbonstorage #Japan #oilandgas
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#Japanese trading house Sumitomo Corporation and Japanese shipping firm "K" line (Kawasaki Kisen Kaisha, Ltd) are teaming up with US #oilandgas independent Hilcorp to develop a carbon capture and storage (#CCS) value chain between #Japan and #Alaska. The project seeks to capture #CO2 in Japan and transport it by liquefied CO2 (LCO2) carriers to a planned 50 gigatonne #carbon storage and injection facility in Alaska. Read "Japanese firms eye developing CCS project in Alaska" here: https://lnkd.in/eqKaiQzx Find the Sumitomo press release here: https://lnkd.in/eDeSG-9s #sustainability #energytransition #emissions #carbonemissions #IRA #decarbonization #decarbonisation #carboncapture #ccus #carbonremoval #carbonsequestration #carbonstorage
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The U.S. Department of Energy (DOE) has released for comment a draft of its five point #carboncapture strategy that includes: 1) Focusing research, development, demonstration, and deployment funding on priority use cases; 2) Building out #CO2 transportation and storage #infrastructure where it likely will be needed most in the future; 3) Supporting the implementation of effective and evidence-driven policies and regulations related to #carbon management at other federal agencies; 4) Engaging communities and workers to ensure projects deliver benefits and mitigate potential risks to public health and the #environment; and 5) Supporting climate diplomacy efforts to accelerate the adoption of carbon management at scale globally in a way that aligns with the Paris Agreement. Download the 80 page report here: https://lnkd.in/eZ5dmCrW Comments on the report must be submitted electronically to carbonmanagementstrategy@hq.doe.gov by December 10, 2024. #sustainability #energytransition #IRA #decarbonization #decarbonisation #ccs #ccus #carbonremoval #climateaction https://lnkd.in/eaZ3HWpW
DOE Releases Carbon Management Strategy, Outlining Steps to Enable These Technologies to Support a Net-Zero Emissions Future
energy.gov
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Denmark's Danish Energy Agency has launched carbon capture and storage (#CCS) tenders valued at $4.2 billion. The tenders encompass capture, transportation and the storage of fossil, biogenic or atmospheric #CO2 over a 15-years. The deadline for applying is March 25th, 2025. #sustainability #energytransition #carbon #cleanenergy #decarbonization #decarbonisation #carboncapture #ccus #carbonremoval #denmark
Danish Energy Agency presses the start button for billion-dollar tendering procedure for carbon capture and storage
ens.dk
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