Remove 2024 Remove Business Energy Monitoring Remove Carbon-neutral Remove Europe
article thumbnail

New €2.5B Green Hydrogen Steel Venture Unveiled

GreenTechMedia

A new "green steel" venture in Sweden has been launched with bold plans to start production as early as 2024. The battery maker has developed a full-scale greenfield manufacturing business in less than five years of operations. One component of the green steel business case is access to Sweden’s ample renewable energy resources.

Hydrogen 181
article thumbnail

Digitalising Europe’s energy sector – the strategy

Smart Energy International

The European Commission has released its action plan for digitalising the region’s energy sector to improve efficiency and renewables integration. Digitalisation, one of the four ‘D’s of the energy transition, is as the ‘enabler’ central to its realisation, cutting across businesses, consumers and technologies alike.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Equinor moves ahead with CCS

Mr. Sustainability

In cooperation with Shell and Total, the project aims to create a carbon capture and storage hub in Norway, open to third parties. A deal for the construction of the facilities has been struck between Equinor, Subsea 7 Norway and Aibel, paving the way for the facilities to be operational in 2024. million tonnes of CO2 per year.

article thumbnail

SEF Weekly: German interconnector, bp R&D and heat network retrofitting

Smart Energy International

An interconnector order from TenneT and TransnetBW for Hitachi Energy to bolster German energy security is the leading news story in this week’s Smart Energy Finance (SEF) Weekly. Hitachi Energy wins order for German interconnector. Image: Hitachi Energy. bp injects £50m into global battery R&D centre.

article thumbnail

Fossil Fuel Companies Made Bold Promises to Capture Carbon. Here’s What Actually Happened.

DeSmogBlog

Carbon capture and storage (CCS) was high on the agenda at New York Climate Week last week, where critics of the technology raised concerns it would be used to extend the life of the fossil fuel industry. The data showed us that their carbon capture plans are not working at scale.” What CCS Projects Promise. And What They Deliver.

article thumbnail

Global Briefing: EU approves €1tr 'Climate Bank' plan

Business Green

All the green business news from around the world this week. The European Investment Bank (EIB) has this week approved a €1tr 'Climate Bank' plan that will see the bank drastically increase its support for low carbon infrastructure over the coming decade. EIB gives green light to 'Climate Bank' plan.