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Total invests in French hydrogen taxi operator May 26, 2021 10:30:am Summary by: Joseph Murphy Posted in: Total invests in French hydrogen taxi operator France s Total announced on May 26 it had acquired a stake in a hydrogen-fuelled taxi operator operating in the Paris region. Hysetco, set up in 2019 by Air Liquide, Idex, Toyota and Societe du Taxi Electrique Parisien, owns around 700 taxis in Paris and while most still run on diesel, it already operates the largest number of hydrogen-fuelled taxis in the world. Its fleet is expected to exclusively run on hydrogen by 2024 and it also operates hydrogen stations. This acquisition is a concrete commitment and an acceleration for Total in hydrogen mobility. We are delighted to be working with partners whose skills and expertise complement each other throughout the hydrogen vehicle value chain, Total CEO Patrick Pouyanne commented. ....
Europe’s just transition: the politics of change [NGW Magazine] Mar 11, 2021 9:40:am Summary Eastern and southern European countries are lobbying to change the sustainable finance rules so gas may support the transition. [NGW Magazine Volume 6, Issue 5] by: Charles Ellinas EU’s Taxonomy regulation is intended to “provide clarity and transparency on environmental sustainability to investors, financial institutions, companies and issuers thereby enabling informed decision-making in order to foster investments in environmentally sustainable activities” (Figure 1). It is the world’s first green list for sustainable investment. Finding the right balance between what is considered to be green and what is not is critical to achieving a successful energy transition in Europe. But there is a danger that Taxonomy definitions could have a counter-productive effect on related EU policy emanating from the Green Deal (Figure 2). ....
Qatar takes the plunge [NGW Magazine] Mar 8, 2021 9:45:am Summary Qatar could go ahead with the expansion of its LNG complex alone, but there are companies out there looking to boost their LNG supplies. [NGW Magazine Volume 6, Issue 5] by: Joseph Murphy Qatar Petroleum (QP) is looking to cement its lead in global LNG supply for decades to come, after formally sanctioning a $29bn expansion of its liquefaction capacity in February. Following a year in which the global LNG industry was marred by project deferrals and cargo cancellations, QP announced a final investment decision (FID) on February 8 on North Field East (NFE), which will raise its production capacity from 77mn metric tons/year at present to 110mn mt/yr. First gas is scheduled for late 2025 and full capacity should be reached within two years. ....