Advancing Decarbonization Across Industries #10
- Thorics Insights
- Jan 1, 2025
- 3 min read
Geological Hydrogen: A Natural Accelerator for Decarbonization
A report from Chemical & Engineering News highlights the untapped potential of geological hydrogen in decarbonizing energy systems. Unlike green or blue hydrogen, geological hydrogen is naturally occurring, and its extraction could provide a low-cost, scalable energy solution. The exploration of this resource could play a pivotal role in replacing fossil fuels while supporting industrial processes that require high energy intensity (Read more on Chemical & Engineering News).
Biodiesel Gains Ground in Maritime Decarbonization
Biodiesel is emerging as a credible alternative fuel for the maritime sector, addressing concerns over heavy fuel oil's environmental impact. According to Biofuels Digest, biodiesel offers an immediate pathway to reduce carbon emissions in shipping, particularly as infrastructure for hydrogen and ammonia develops. The fuel’s compatibility with existing engines and growing supply chain confidence make it a viable near-term solution (Read more on Biofuels Digest).
Mortgage Lenders: Key Players in Building Decarbonization
Buildings contribute significantly to carbon emissions, and The City Life identifies mortgage lenders as a "missing link" in their decarbonization. Lenders can drive energy efficiency upgrades by offering green financing products, such as loans and mortgages that incentivize retrofitting and renewable energy installations. Engaging lenders could unlock billions in investments needed to transform building energy use (Read more on The City Life).
Clean Hydrogen’s Expanding Role in Energy Systems
Clean hydrogen is gaining traction as a cornerstone of decarbonization, especially in hard-to-abate sectors. A WAER News podcast explores its applications in industrial processes, power generation, and transportation. Challenges remain, including production costs and infrastructure development, but hydrogen is increasingly viewed as a key player in achieving net-zero goals (Read more on WAER News).
U.S. Expands Carbon Capture Capacity
The United States has increased its carbon capture capacity to 200 million tons annually, marking a significant milestone in reducing industrial emissions. Energy News Pro reports that advancements in carbon capture technologies and expanded federal funding have driven this progress. Captured carbon is being utilized in enhanced oil recovery, manufacturing, and other applications, turning a liability into an asset (Read more on Energy News Pro).
Sidenor’s Acquisition of a Recycling Company
Steel producer Sidenor has acquired a recycling company to bolster its decarbonization efforts. The move aligns with the company’s strategy to reduce emissions by increasing the use of recycled materials in steel production. As SteelOrbis explains, this acquisition positions Sidenor as a leader in sustainable steel manufacturing (Read more on SteelOrbis).
Crushed Rock Thermal Energy Storage in Israel
An Israeli beer producer, Tempo, is exploring innovative energy storage solutions using crushed rock thermal energy systems. As reported by EnergyTech, these systems store excess heat generated during the production process and release it when needed, reducing reliance on fossil fuels. This project demonstrates how industries can adopt unique solutions to achieve energy efficiency and sustainability (Read more on EnergyTech).
Italy’s Challenges for 2025: Decarbonization and Competitiveness
Italy faces dual challenges of decarbonization and industrial competitiveness as it approaches 2025. Agenzia Nova outlines the nation’s focus on renewable energy integration, energy efficiency in manufacturing, and public-private partnerships to support its green transition. Balancing these priorities will be critical to maintaining economic growth while reducing emissions (Read more on Agenzia Nova).
U.S. Maritime Sector Targets Net-Zero by 2050
The U.S. has unveiled an action plan to achieve zero emissions in the maritime sector by 2050. The strategy includes promoting alternative fuels like hydrogen and biofuels, modernizing port infrastructure, and incentivizing low-carbon technologies. This ambitious target underscores the maritime sector’s vital role in the broader decarbonization effort (Read more on Biofuels Digest).
Decarbonization Market Growth Insights
The decarbonization market is set for significant growth, driven by rising demand for renewable energy, energy efficiency, and emissions reduction technologies. According to OpenPR, advancements in sectors such as green hydrogen, carbon capture, and sustainable construction materials are propelling market expansion. Investors are increasingly focusing on companies with strong decarbonization strategies (Read more on OpenPR).
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