LCFS

Hexagon Agility and Brudeli Green Mobility Announce Collaboration to Deliver NZEVs for U.S. Heavy-Duty Freight Transport

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星期二, 五月 21, 2024
ACT, Carbon, Partnership, Transport, Kilowatt-hour, Communication, ESG, Climate, Marketing, CNG, Overalls, Anxiety, LCFS, DGE, Natural gas, ACF, CO2, Electricity, RNG, Hexagon, Renewable energy

The Brudeli POWERHYBRID™ allows long-haul trucks to operate up to 80% electric energy, utilizing a dual electric motor system.

Key Points: 
  • The Brudeli POWERHYBRID™ allows long-haul trucks to operate up to 80% electric energy, utilizing a dual electric motor system.
  • This system provides flexibility for fleets to operate with clean energy options that are readily available.
  • In 2023, approximately 79% of all natural gas consumed for transportation in the U.S. came from renewable sources, not fossil fuels.
  • Jelena Rowe, Director of Marketing and Communications, Hexagon Agility

US November election results could decelerate energy transition, with $1 trillion in energy investment on the line

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星期四, 五月 16, 2024
Carbon, EV, GHG, Investment, EPA, Wind, Trump, Coal, Republican, Inflation, Government, EVS, IRA, LCFS, CCUS, DAC, Policy, Kilowatt-hour, IIJA, CO2, Research, Horizon, Hydrogen, Renewable energy

US November election results could decelerate energy transition, with $1 trillion in energy investment on the line

Key Points: 
  • US November election results could decelerate energy transition, with $1 trillion in energy investment on the line
    A Republican victory in 2024 could roll back decarbonisation policies and usher in a delayed energy transition for the US.
  • “This election cycle will really influence the pace of energy investment, both in the next five years and through 2050.
  • Wood Mackenzie’s base case projects about US$7.7 trillion in investment for the US energy sector over 2023-50.
  • US$11.8 trillion dollars in capital investment in US energy is required on a cumulative basis from 2023-2050 to reach our net zero scenario.

Verde Clean Fuels, Inc. Reports First Quarter 2024 Results

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星期二, 五月 14, 2024
Other Energy, Utilities, Oil, Gas, Coal, Alternative Energy, Energy, Permian, TDA, Gasoline, DOE, University, Atmosphere, Engineering, Carbon, LCFS, Research, DAC, GAAP, Ministry of Energy, Natural gas, CO2, Fuel pump, Methanol, D3, Hydrogen

Verde Clean Fuels, Inc. (“Verde” or the “Company”) (Nasdaq: VGAS), a renewable energy company focused on the development of commercial production facilities to convert syngas derived from diverse feedstocks into gasoline, today reported first quarter 2024 GAAP diluted net loss per share of $(0.13).

Key Points: 
  • Verde Clean Fuels, Inc. (“Verde” or the “Company”) (Nasdaq: VGAS), a renewable energy company focused on the development of commercial production facilities to convert syngas derived from diverse feedstocks into gasoline, today reported first quarter 2024 GAAP diluted net loss per share of $(0.13).
  • Verde continues to proceed with the selection process for FEED/EPC services for the Cottonmouth Ventures Permian Basin project.
  • Since the execution of the Cottonmouth Ventures JDA in February 2024, Verde continues with the selection process of a front-end engineering and design (“FEED”) and engineering, procurement, and construction (“EPC”) partner.
  • Such potential arrangements, if entered into, could help manage price risk associated with these commodities and could support expected project finance requirements.

Nodal Exchange Achieves Second-Highest Trading Volume Ever in Both Power and Environmental Markets in April

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星期二, 五月 7, 2024
Other Energy, Utilities, Oil, Gas, Environment, Finance, Alternative Energy, Energy, Professional Services, Carbon, Guarantee of origin, REC, Record, Exchange, LCFS, Risk, Auction

In power, Nodal set a calendar month record for April with traded power futures volume of 345 million MWh, up 13% from 306 million MWh in April 2023.

Key Points: 
  • In power, Nodal set a calendar month record for April with traded power futures volume of 345 million MWh, up 13% from 306 million MWh in April 2023.
  • This is the second highest month ever for Nodal Exchange, only surpassed by the 379 million MWh in February 2024.
  • Nodal posted the second-highest monthly volume ever in environmental markets of 48,865 lots, topping the prior record of 43,883 lots in April 2023 by 11%.
  • “I am excited to see strong performance across all of our markets,” said Paul Cusenza, Chairman and CEO of Nodal Exchange and Nodal Clear.

Ameresco Reports First Quarter 2024 Financial Results

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星期二, 五月 7, 2024
Utilities, Sustainability, Environmental Health, Alternative Energy, Energy, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Environment, Construction & Property, Green Technology, Building Systems, Education, Watt, Republic, RNG, BESS, LCFS, O&M, Asset, AC, PPA, Adjustment, Solar, Growth, Renewable energy

After subtracting Ameresco’s partners’ minority interests, Ameresco’s owned capacity of Assets in Development at quarter end was 756 MWe.

Key Points: 
  • After subtracting Ameresco’s partners’ minority interests, Ameresco’s owned capacity of Assets in Development at quarter end was 756 MWe.
  • Ameresco increased net assets in development by 45 MWe in the first quarter driven by increased solar and BESS activity.
  • During the quarter Ameresco began operations of the 5.2 MWe RNG plant at Republic Services’ Brickyard Landfill.
  • “Our robust first quarter results represented a strong start to the year supporting our expectations for substantial growth in 2024.

P6 Technologies Launches Life Cycle Analysis for Biogas solution, Accelerating the Industry's Ability to Expand and Make Improvements to RNG Facilities

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星期四, 五月 2, 2024
Methane, Renewable natural gas, Natural gas, LCA, Software, Electricity, RNG, Forecasting, Life-cycle assessment, LCFS, Biofuel, Restaurant, Environment, Farm, Growth

AUSTIN, Texas, May 2, 2024 /PRNewswire-PRWeb/ -- P6 Technologies, Inc., the leader in Life Cycle Analysis (LCA) software for renewable fuels, biogas, and chemical companies, today announced the launch of its LCA for Biogas cloud-based software solution. This marks a significant milestone for P6 as the Biogas market is rapidly expanding, requiring enterprise solutions that scale. The P6 LCA for Biogas solution further positions P6 for accelerated growth as it develops software solutions that are critical towards accelerating the reduction of emissions such as methane from dairy farms. The P6 solution, helps companies evaluate both existing and new sites, generating regulatory documentation and tracking site performance once sites become operational.

Key Points: 
  • AUSTIN, Texas, May 2, 2024 /PRNewswire-PRWeb/ -- P6 Technologies, Inc., the leader in Life Cycle Analysis (LCA) software for renewable fuels, biogas, and chemical companies, today announced the launch of its LCA for Biogas cloud-based software solution.
  • The P6 LCA for Biogas solution further positions P6 for accelerated growth as it develops software solutions that are critical towards accelerating the reduction of emissions such as methane from dairy farms.
  • P6 Technologies, Inc with the launch of its LCA for BIOGAS solution leveraging the P6 cloud-based Life Cycle Assessment (LCA) enterprise platform is investing in industries that are having an immediate environmental impact.
  • Renewable Natural Gas (RNG) is produced by biogas facilities and then injected into existing natural gas pipelines, becoming accessible for general use.

ICE Environmental Contracts Traded the Equivalent of $1 Trillion in Notional Value for the Third Consecutive Year

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星期一, 四月 22, 2024
Banking, Professional Services, Fintech, Environmental Health, Alternative Energy, Energy, Technology, Digital Cash Management, Digital Assets, Asset Management, Environment, Finance, Environmental, Social and Governance (ESG), Carbon, RGA, Risk, Heart, ICE, Intercontinental Exchange, LCFS, LNG, Intercontinental, Renewable energy

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that 2023 marked the third consecutive year where ICE carbon allowance volumes traded the equivalent to $1 trillion in notional value.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that 2023 marked the third consecutive year where ICE carbon allowance volumes traded the equivalent to $1 trillion in notional value.
  • Trading activity in ICE’s global environmental markets is up over 30% year-over-year (y/y) with open interest up 20% y/y.
  • In 2024 year-to-date, over 1.6 million contracts have traded across North American environmental markets, up over 40% versus this period last year.
  • The notional value of physically settled futures contracts in the North American portfolio was $10.8 billion in 2023, breaking the last record set in 2021.

Verde Clean Fuels, Inc. Reports 2023 Results

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星期四, 三月 28, 2024
Alternative Energy, Energy, Oil, Gas, Permian, STG, Natural gas, Joint, Diamondback Energy, Gasoline, D3, FID, Research, Carbon, Fuel pump, JDA, GAAP, LCFS, Engineering, FANG

Verde Clean Fuels, Inc. (“Verde” or the “Company”) (Nasdaq: VGAS), a renewable energy company focused on the development of commercial production plants to convert syngas derived from diverse feedstocks into gasoline, today reported full year 2023 GAAP diluted net loss per share of $(0.45).

Key Points: 
  • Verde Clean Fuels, Inc. (“Verde” or the “Company”) (Nasdaq: VGAS), a renewable energy company focused on the development of commercial production plants to convert syngas derived from diverse feedstocks into gasoline, today reported full year 2023 GAAP diluted net loss per share of $(0.45).
  • Verde is continuing the selection process for FEED/EPC services for the Cottonmouth Ventures Permian Basin project.
  • Verde is proceeding with selection of a front end engineering and design (“FEED”) partner and an engineering, procurement, and construction (“EPC”) partner.
  • With the execution of the Cottonmouth Ventures JDA, Verde expects to finalize its partner selections soon.

Gevo Reports Fourth Quarter and Full Year 2023 Financial Results

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星期四, 三月 7, 2024
Carbon, Engineering, Inflation, LG Chem, Depreciation, Research, Aviation, Renewable natural gas, LCFS, British thermal unit, Investment, Farmer, Growth, Sale, GEVO, SAF, GAAP, Interest, Plastic, Department of the Treasury, Agriculture, Treasury, Workforce, USDA, Ethanol, RNG, Cryptocurrency

ENGLEWOOD, Colo., March 07, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) (“Gevo”, the “Company”, “we”, “us” or “our”) today announced financial results for the fourth quarter and full year 2023 and recent corporate highlights.

Key Points: 
  • ENGLEWOOD, Colo., March 07, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) (“Gevo”, the “Company”, “we”, “us” or “our”) today announced financial results for the fourth quarter and full year 2023 and recent corporate highlights.
  • Net-Zero 1 and 2024 Expected Uses of Cash: We ended the fourth quarter with cash, cash equivalents, and restricted cash of $375.6 million.
  • Verity: In the third quarter of 2023, our Verity Tracking platform went live with farmers in South Dakota and Minnesota.
  • Gevo NW Iowa RNG generated positive, stand-alone non-GAAP cash EBITDA1 of $1.3 million for the fourth quarter.

Aemetis Announces Updated Five Year Plan Projecting Growth to $1.95 Billion of Revenue and $645 Million of Adjusted EBITDA in 2028

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星期二, 二月 20, 2024
Carbon, Engineering, Inflation, AI, Ethanol, Aviation, LCFS, Natural gas, Growth, Sale, CEQA, Oil, CCUS, CO2, Mechanical vapor recompression, Electricity, EPA, IRA, MVR, USDA, RNG, Renewable energy

The 2024 Plan states revenues are expected to grow at a compound annual growth rate of 38%, and adjusted EBITDA is expected to grow at a projected compound annual growth rate of 83% for the years 2024 to 2028.

Key Points: 
  • The 2024 Plan states revenues are expected to grow at a compound annual growth rate of 38%, and adjusted EBITDA is expected to grow at a projected compound annual growth rate of 83% for the years 2024 to 2028.
  • The presentation also describes the tax credits expected to be received by Aemetis from the Inflation Reduction Act (IRA) for its renewable fuel and sequestration projects.
  • “Additionally, Aemetis closed $50 million of new USDA funding and received $55 million from the sale of IRA tax credits in the past year.
  • The Five Year Plan for Aemetis Dairy RNG operations projects revenues will grow from $18 million in 2024 to $190 million in 2028, while Dairy RNG project EBITDA is expected to expand from $7 million in 2024 to $123 million in 2028.