Weekly Roundup from our partner etasca with insights from ppPLUS

1️⃣ The Energy Institute's Nick Wayth CEng FEI FIMechE and the KPMG team of Simon Virley CB FEI, Wafa Jafri, Christopher Young presented an authoritative review on the status of the energy transition, as part of the 74th edition of the Statistical Review. 2024 saw records broken in energy consumption of all types, and energy consumption per capita is still rising! Energy demand has increased by 2% but emissions by only 1%, showing an increase in electrification. China continues to outpace… adding more solar and wind than the other biggest markets combined. Europe renewables only grew by 7%, considerably slower than other regions. As such, gas continues to plug the hole of the energy transition.

2️⃣ Natural State Renewables is partnering with Axens and thyssenkrupp to produce carbon negative SAF from surplus forest biomass using Axens’ BioTfueL® technology.

Axen Technologies in ppPLUS

3️⃣ Dow Chemical will shut three European plants, an ethylene cracker in Böhlen, chlor-alkali/vinyl units in Schkopau (Germany), and a siloxanes plant in the UK citing high energy costs, weak demand, and regulatory pressures.

Detailed analysis and information on DOW

4️⃣ Chevron has proposed a $5bn blue hydrogen and ammonia facility dubbed Project Labrador in Port Arthur, Texas, with construction planned for 2027 and commercial operations by 2032.

5️⃣ Greenergy has launched a consultation to close its Immingham biodiesel plant, which accounts for ~25% of UK production. Offline since May, the facility faces “unsupportive” market conditions, stagnant UK mandates, and rising U.S. import competition.

Greenergy company in ppPLUS

6️⃣ XCF Global has announced it will invest $1bn to build three new SAF plants in Fort Myers (FL), Wilson (NC), and a second site in Reno, aiming for 160M gallons/year U.S. capacity by 2028.

7️⃣ Indian Oil Corp Limited will upgrade its Panipat refinery to produce 30 ktpa of SAF from used cooking oil, shutting its diesel desulfurizer for the retrofit. India targets 1% SAF blending by 2027, 2% by 2028.

See Indian Oil Company with detailed intormation on Group and explore the Indian Refining Industry in the ppPLUS Refining Module

8️⃣ Envision Energy has officially commissioned the world’s largest green hydrogen and ammonia plant by installed electrolyser capacity (2.5GW) in China. The facility is designed to produce 320 ktpa of green h2 and ammonia and operate entirely off-grid.