Weekly News Round Up 06/04

WEEKLY NEWS ROUND UP

Welcome to our Easter edition of our Weekly News Round Up, which is a little earlier than usual due to the bank holiday in the UK! We hope everyone who is celebrating has an enjoyable long weekend ????????

Here are our top 5 news pieces for this week with key takeaways:

1. Pioneering collaboration to reduce carbon footprint of wheat flour -?OCI N : Pioneering collaboration to reduce carbon footprint of wheat flour | MarketScreener

?? Key takeaways:

• A pioneering #lowcarbon wheat flour to be used in the production of bread and other staple foods is being jointly developed by German #agricultural trading company AGRAVIS Raiffeisen AG , Dutch fertilizer manufacturer OCI Global , and Dossche Mills NV , a leading manufacturer and supplier of raw materials for bakeries. The collaboration aims to help reduce the #environmental impact of bread on store shelves ??
• The flour is made from wheat grown with OCI's lower carbon Nutramon fertilizer. Compared to conventional #fertilizers , this has a lower #greenhousegas balance up to a 50% reduction (cradle-to-gate) ??
• The first step in the collaboration focuses on #sustainable solutions to decarbonise the wheat production chain and is part of a global approach to provide a larger range of sustainability solutions such as Green House Gas (GHG) reduction, soil quality, biodiversity, healthy food and wellness, and transparent and #ethical business practices ??
• Ahmed El-Hoshy , CEO at OCI Global said: "As a leading producer and distributor of low carbon ammonia, fertilizers and nitrogen solutions, we play an essential role in supporting global #foodsecurity . We know that we need to address the GHG emissions of fertilizers because mineral fertilizers are needed for the production of food for around 4 billion people - half the world's population” ??

2. Alexander Dennis repurposes Larbert facility to build zero emission buses - Alexander Dennis repurposes Larbert facility to build zero emission buses - Business Insider

?? Key takeaways:

• The site will focus on the production of the new Enviro400EV zero-emission bus from August, assembling the body on a battery-electric chassis. The decision follows a pilot programme to build #hydrogen fuel cell buses in Larbert ??
• The Larbert expansion, which converts existing warehouse space into production lines, supports the company’s more than 690 'green' #manufacturing jobs in Scotland ??
• The Enviro400EV double decker that will be assembled in Scotland has been designed to move large numbers of people on busy urban corridors and interurban expresses with a total capacity of up to 96 passengers and an operational range of up to 260 miles on a single charge ??
• President and managing director Paul Davies said: “This is another step on our Alexander Dennis journey to build a sustainable company for the future, with #zeroemission buses being at the core of the repurposed and upgraded Larbert site.” ??

3. Octopus Energy funds to pour millions into new hydrogen firm - Octopus Energy funds to pour millions into new hydrogen firm (proactiveinvestors.co.uk)

? Key takeaways:

• Octopus Energy managed funds will invest up to ￡10mln in new joint venture HYRO Energy ??
• HYRO will aim to build around 700MW of #greenhydrogen electrolyser capacity by 2030, with 30MW worth of its projects having already been shortlisted for government support ??
• The government is targeting 10GW (10,000MW) of low carbon hydrogen generation by 2030, of which 5GW will be green, meaning it is produced using #renewable energy ?
• "Green hydrogen is expected to become a critical part of the energy transition,” commented Octopus Energy investment director Chris Gaydon ??

4. Kimberly-Clark firms up plans for three UK-based green hydrogen projects - Kimberly-Clark firms up plans for three UK-based green hydrogen projects - edie

? Key takeaways:

• Consumer goods giant 金佰利 expects the wind farm that will serve its first UK-based #greenhydrogen project to come online by the end of the year, after Government support for the electrolysers was confirmed last week ??
• Led by Carlton Power Limited , the project is seeking to co-locate 35MW of #electrolyser facilities and a 40MW energy storage system at the Cumberhead West Wind Farm. The 126MW wind farm is currently under #construction and completion is expected later this year. Green hydrogen production should then be able to commence in 2025 ??
• Kimberly-Clark is planning to offtake green hydrogen from the project to serve its #paper mill in Cumbria, replacing natural gas ??
• Kimberly-Clark’s managing director for the UK and Ireland, Dan Howells, said: “A lot of hard work has gone into developing the green hydrogen projects and it’s fantastic to see the UK government selecting them for the funding shortlist. These developments represent a significant stepping stone towards our big ambition to move solely to renewable energy to manufacture Andrex, Kleenex , Huggies? Healthcare? , WypAll and Scott in the UK by 2030. We can only reach our #decarbonization goals via innovative partnerships and cutting-edge technology.” ??

5. ‘World’s first’ liquid hydrogen-powered ferry sets sail in Norway - ‘World’s first’ liquid hydrogen-powered ferry sets sail in Norway (h2-view.com)

? Key takeaways:

• Norwegian ferry operator Norled AS has put the “world’s first’ liquid hydrogen-powered ferry into operation ?
• Powered by Ballard Power Systems FC wave #fuelcell modules, the MF Hydra has been undergoing systems tests at quay in Hjelmelands since the beginning of 2023, with sea trials being run in recent weeks ??
• Having received final approvals from the Sj?fartsdirektoratet (NMA), the MF Hydra will now operate on the triangular route of Hjelmeland-Skipavik-Nesvik, fuelled by #liquidhydrogen ??
• Linde Engineering supplied onboard #hydrogen systems, while Norway’s Westcon took responsibility for equipping and completely in the vessel alongside SEAM ??
• Boasting a capacity for up to 299 passengers and 80 cars, the MF Hydra has marked another step forward in Norled’s drive to #sustainability ??

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