Latest news with #cleanfuel
Daily Mail
08-07-2025
- Business
- Daily Mail
Australia's biggest green hydrogen project just imploded - so Labor is betting $430million of YOUR money to roll the dice on another one
A major green hydrogen project has secured federal backing just days after the biggest proposal in the country to produce the clean fuel spectacularly collapsed. The Commonwealth financial support for the Hunter Valley facility will allow it to make the switch from hydrogen made with gas, a fossil fuel, to renewable energy. Funding of $432million for the Orica facility was allocated under the federal government's Hydrogen Headstart program, which provides credits for the manufacture of the clean fuel. The $2billion grant program, delivered by the Australian Renewable Energy Agency, aims to build scale across green hydrogen production and so drive down costs over time. The Albanese government wants Australia to become a global leader in green hydrogen to power heavy industry and long-haul trucks, and to produce green metals such as iron - key to meeting global emissions targets and tackling climate change. But the fledgling sector has struggled to find its feet. The biggest proposal in the nation, Gladstone's $14billion Central Queensland Hydrogen Project (CQ-H2), was officially scrapped last week after private companies backed away and the state government then withdrew its support. Federal Energy Minister Chris Bowen acknowledged the headwinds faced by the renewable hydrogen industry but said his government was rising to the challenge. Federal Energy Minister Chris Bowen announced an Orica facility near Newcastle will get $430million in taxpayer funding and that it will be difficult for the government to pull off 'It's in the hard basket, not the too hard basket,' he told reporters on Friday. The failed Gladstone project was a disappointment, Mr Bowen said, pointing a finger at the Queensland government rather than private sector investors. The CQ-H2 project was the largest hydrogen development by electrolyser capacity in Australia that was in the front-end engineering phase. It was partially funded with $20million from the federal government and another $15million from the Queensland state government. The Queensland government-owned Stanwell Corporation withdrew from the project after the Japanese companies Kansai Electric Power and Iwatani pulled out. Queensland Treasurer David Janetzki described the Gladstone project as 'speculative in nature' and said he 'didn't want to see the precious taxpayer dollar tipped into it'. The federal incentives for the Hunter Valley project will go towards a 50MW electrolyser powered by renewable energy on the Kooragang Island site, capable of producing about 4700 tonnes of green hydrogen each year to support regional jobs in low-carbon industries. Hydrogen is used to make ammonia, important in fertiliser production, so the shift to a clean fuel will allow Orica to cut emissions from its ammonia facilities. It will also open the region to opportunities to export clean hydrogen and ammonia. Clean Energy Council general manager of advocacy and investment Anna Freeman applauded the government's commitment to getting 'complex and challenging' renewable hydrogen projects off the ground. 'We urgently need to drive down the cost of this renewable fuel to support Australia's decarbonisation plans,' Ms Freeman said.
Times of Oman
02-07-2025
- Business
- Times of Oman
Student team converts coffee into clean biofuel
Sohar: The student company "Java Fuel" at the University of Technology and Applied Sciences in Sohar, North Al Batinah Governorate, has successfully developed an innovative project in sustainable energy by converting coffee waste into clean biodiesel using advanced artificial intelligence technologies. Tarteel Khaled Al Na'abi explained that the project offers an eco-friendly product that serves industrial sectors and government institutions concerned with environmental fields, presenting both an economic and environmental solution. The project targets the Omani and Gulf markets amid growing demand for low-emission fuel alternatives. She added that the project relies on collecting coffee waste from cafés and converting it into biofuel—a step that helps reduce waste and supports Oman's efforts to achieve the goals of "Oman Vision 2040" in clean energy. She emphasized that the project contributes to reducing carbon emissions and preserving the environment by providing a sustainable energy source that minimizes café waste and promotes biofuel use, thereby advancing environmentally and economically sustainable development. She noted that the company participated in the "Injaz Oman Student Companies Exhibition 2025" and was shortlisted among 60 student companies to the second phase, which included 41 companies. The project received significant engagement from participants, and the company won third place in the Cultural Innovation Competition in Al Musanaa in the field of innovation and entrepreneurship. She further stated that the company plans to participate in exhibitions and events organized by universities, colleges, and government and private institutions to promote and develop the project based on feedback from specialists and visitors, while also expanding its network with supporters and investors.
Yahoo
19-06-2025
- Business
- Yahoo
Sky Quarry to Outline Growth Strategy, Refinery Ramp-Up, and National Rollout in June 26 Investor Webinar
WOODS CROSS, Utah, June 19, 2025 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ: SKYQ) ("Sky Quarry" or "the Company"), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, today announced that it will host a live investor webinar on Thursday, June 26 at 11:00 a.m. PDT / 2:00 p.m. EDT. The webinar will provide a strategic overview of the Company's recent milestones and outline how these developments support Sky Quarry's broader growth plan. Topics will include: Utah Permit Update: How the application moves Sky Quarry closer to commercializing its PR Spring site as part of a scalable waste-to-energy strategy Strategic Partnerships: The role of non-binding letters of intent with Southwind RAS, Right Way Roofing, and R & R Solutions in securing regional feedstock and siting modular units Refinery Capacity Planning: How Sky Quarry's plans to increase throughput at the Foreland Refinery could strengthen regional fuel supply and unlock future revenue opportunities Emerging Market Tailwinds: How tightening fuel supplies in California are creating strong demand signals for Sky Quarry's clean fuel strategy The webinar will feature Sky Quarry executives David Sealock, Chairman and CEO, and Marcus Laun, EVP and Director, and will be moderated by Lloyd MacNeil, a partner at Troutman Pepper and a project finance attorney specializing in energy infrastructure. The presentation will be followed by a live Q&A. Attendees are encouraged to submit questions in advance by emailing ir@ Registration is open to all investors, industry partners, and media. To register for the webinar, please click here. Space is limited, so early registration is encouraged. About Sky Quarry Inc. Sky Quarry Inc. (NASDAQ:SKYQ) and its subsidiaries are, collectively, an oil production, refining, and a development-stage environmental remediation company formed to deploy technologies to facilitate the recycling of waste asphalt shingles and remediation of oil-saturated sands and soils. Our waste-to-energy mission is to repurpose and upcycle millions of tons of asphalt shingle waste, diverting them from landfills. By doing so, we can contribute to improved waste management, promote resource efficiency, conserve natural resources, and reduce environmental impact. For more information, please visit Forward-Looking Statements This press release may include ''forward-looking statements.'' All statements pertaining to our future financial and/or operating results, future events, or future developments may constitute forward-looking statements. The statements may be identified by words such as 'expect,' 'look forward to,' 'anticipate,' 'intend,' 'plan,' 'believe,' 'seek,' 'estimate,' 'will,' 'project,' or words of similar meaning. Such statements are based on the current expectations and certain assumptions of our management, of which many are beyond our control. These are subject to a number of risks, uncertainties, and factors, including but not limited to those described in our disclosures. Should one or more of these risks or uncertainties materialize or should underlying expectations not occur or assumptions prove incorrect, actual results, performance, or our achievements may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. We neither intend, nor assume any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. You are urged to carefully review and consider any cautionary statements and the Company's other disclosures, including the statements made under the heading "Risk Factors" and elsewhere in the Company's Form 10-K as filed with the SEC on March 31, 2025, as well as the Company's Form 10-Q as filed with the SEC on May 15, 2025. Forward-looking statements speak only as of the date of the document in which they are contained. Investor RelationsJennifer Standley Director of Investor RelationsIr@ Company in to access your portfolio
Reuters
16-06-2025
- Business
- Reuters
US Senate bill would shrink tax credit for biofuels made from foreign feedstocks
WASHINGTON, June 16 (Reuters) - U.S. Senate Republicans on Monday proposed a tax bill that would extend a clean fuel tax credit through 2031, but trim 20% of the value of the credit for biofuels made from feedstocks produced outside of the United States.
Sustainability Times
07-06-2025
- Science
- Sustainability Times
'40% More Hydrogen From Sunlight': Scientists Unleash Breakthrough Method That Could Reshape Global Green Energy Forever
IN A NUTSHELL 🌞 Solar hydrogen generation could revolutionize clean energy by converting sunlight into hydrogen fuel. generation could revolutionize clean energy by converting sunlight into hydrogen fuel. 💡 Researchers discovered that elevating electrolyte temperatures boosts bismuth-vanadate electrode activity by 40%. boosts bismuth-vanadate electrode activity by 40%. 🔍 The study provides new insights into how temperature affects solar water splitting and metal-oxide cell performance. affects solar water splitting and metal-oxide cell performance. 🚀 Advancements in this field may accelerate the journey of solar hydrogen technology from the lab to the marketplace. In a remarkable breakthrough that could reshape the future of clean energy, researchers have found a method to increase solar hydrogen production by 40%. This advancement, revolving around the optimization of electrolyte temperature in photoelectrodes, promises to make solar fuel technology more efficient and economically viable. At the heart of this discovery is the use of bismuth-vanadate materials, which are both cost-effective and stable. As the world grapples with energy and environmental challenges, such innovations bring the hope of a sustainable and cleaner future closer to reality. Advancing Solar Fuel Technology Solar hydrogen generation is increasingly being viewed as a pivotal solution in the quest for clean energy. The process involves the conversion of sunlight into hydrogen fuel by splitting water molecules, offering a renewable and sustainable energy source. The research team emphasized that the integration of solar hydrogen generation with existing technologies could lead to a more efficient and cost-effective energy solution. The use of metal oxides, especially bismuth and vanadium, is critical in this regard due to their low cost and stability. However, the performance of these materials under different temperature conditions had not been thoroughly examined until now. The study, conducted at the Center for Functional Nanomaterials, a Department of Energy Office of Science user facility at Brookhaven National Laboratory, has provided new insights into the impact of temperature on these materials. This understanding is crucial for optimizing solar fuel technology and enhancing the overall efficiency of hydrogen production. By leveraging the potential of these materials, the research aims to deliver a cleaner, more sustainable energy future. 'Eco-Friendly Solar Cell Shocks the World': Record-Breaking 16.65% Efficiency Ignites Global Race Toward Clean Energy Domination Findings Were Remarkable Traditionally, photoelectrochemical (PEC) water splitting has been conducted at room temperature. However, this groundbreaking research investigated the effects of elevated temperatures on bismuth vanadate (BiVO 4 ) photoanodes. The results were astonishing: higher temperatures significantly boosted the activity of the bismuth-vanadate electrode, leading to a 40% increase in photocurrent density and an advantageous shift in photocurrent onset. The study revealed that thermal energy plays a crucial role in enhancing charge carrier separation within the BiVO 4 material. This enhancement is key to improving the efficiency of solar hydrogen production. The findings underscore the importance of temperature optimization in solar water splitting, paving the way for further advancements in the field. The ability to harness and maximize the potential of these materials offers a promising path toward more efficient and sustainable energy solutions. 'World Scientists Stunned': Breakthrough Material Converts Sunlight Into Heat With Record-Breaking Efficiency, Shattering All Expectations Surface Reconstruction and New Understanding One of the most intriguing aspects of the research was the observation of irreversible surface reconstruction on the BiVO 4 grains after PEC reactions at elevated temperatures. The presence of hole scavengers during these reactions led to the formation of regularly spaced stripes on the surface. This phenomenon provides new insights into the interaction between electrolytes and metal-oxide cell surfaces during water splitting. This groundbreaking work not only deepens our understanding of the impact of operating temperature on solar water splitting but also contributes valuable knowledge to the performance of metal oxide cells. The insights gained from this study are expected to drive further innovations in solar fuel technology, enhancing the efficiency and effectiveness of hydrogen production. By exploring the intricate dynamics of surface interactions, researchers are opening new avenues for optimizing solar energy systems. '56,000 Homes Become a Power Plant': California Firm Creates Largest Virtual Energy Source in US With Revolutionary Grid-Sharing Tech Facilitating Efficient Solar Hydrogen Generation The insights gained from this research are critical for the development of materials that facilitate efficient solar hydrogen generation. Understanding the influence of temperature and the effect of hole scavengers is essential for advancing the efficiency of solar fuel technology. By optimizing these factors, researchers can propel solar hydrogen technology to new heights, accelerating its transition from the laboratory to the marketplace. Ultimately, these advancements hold the potential to bring cleaner and more sustainable energy solutions closer to reality. The ability to harness the power of the sun for hydrogen production offers a promising path toward reducing our dependence on fossil fuels and mitigating the impact of climate change. As we continue to explore the possibilities of solar energy, the question remains: How can we further innovate and integrate these technologies to create a sustainable energy future for all? Our author used artificial intelligence to enhance this article. Did you like it? 4.5/5 (26)
