• Past issues
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• $3.1 Billion in Carbon Management Funding: What It Means for the Future
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• Pioneer Energy Partners with Emvolon, Selected by Department of Energy for a $6 Million Grant for Flare Gas to Methanol Technology

Description

Other articles in the issue

• $3.1 Billion in Carbon Management Funding: What It Means for the Future

  The U.S. Department of Energy (DOE) has unveiled an ambitious funding initiative under the Bipartisan Infrastructure Law (BIL), allocating $3.1 billion to accelerate carbon management technologies across the United States. This significant investment aims to enhance the development and deployment of cutting-edge solutions for reducing greenhouse gas emissions.

• Value Maritime-led Onboard Carbon Capture Project Aims to Capture 80% of CO2 Emissions

  A Dutch consortium will develop and demonstrate a modular onboard carbon capture system for LNG-fueled ships. The system aims to capture over 80% of CO2 emissions. Backed by the Netherlands' Maritime Masterplan 2024 funding, the project focuses on scalability and efficiency.

• Hydrogen Hybrid Power for Aviation Sustainable Systems (Hy2PASS)

  This program aims to showcase hydrogen hybrid fuel cell/gas turbine systems for sustainable commercial aircraft. The innovation lies in the unique hybrid architecture and its impact on aircraft integration. This approach seeks to significantly cut mission energy use while enabling zero-emissions operations.

• Hydrogen Projects Included in $136 Million DOE Funding for Industrial Energy

  The U.S. Department of Energy announced $136 million for 66 projects to develop transformative energy technologies in key industrial sectors. These investments target industries like chemicals, steel, cement, and paper, which account for over 75% of U.S. industrial energy use. The goal is to enhance energy efficiency, strengthen supply chains, and boost U.S. competitiveness.

• S&P Global Commodity Insights Predicts a Transformative Shift as Investments in Cleantech Outpace Fossil Fuels for the First Time

  S&P Global Commodity Insights reports that cleantech investments will reach $670 billion in 2025, surpassing upstream oil and gas spending for the first time. Solar PV will account for half of these investments and two-thirds of installed capacity. The report highlights transformative advancements in renewable energy, corporate procurement, and AI integration.