DOE to loan Ford $5.9 billion
Ford Motor Company will be converting factories across Illinois, Kentucky, Michigan, Missouri and Ohio to produce more fuel efficient car models, thanks to a loan from the Department of Energy. The $5.9 billion is part of the DOE's Advanced Technology Vehicles Manufacturing program, which supports the development of innovative, advanced vehicle technologies to create thousands of clean energy jobs while helping reduce the nation's dependence on foreign oil. The loan for Ford Motor Company is the first to be finalized since the program was appropriated in the fall of 2008, according to the DOE.
News of the loan follows the Obama administration's recently announced requirement of an average fuel economy of 35.5 miles per gallon by 2016. The new standard is expected to reduce oil consumption by an estimated 1.8 billion barrels, prevent greenhouse gas emissions of approximately 950 million metric tons, and save consumers more than $3,000 in fuel costs. Ford's loan from the DOE will enable it to meet those targets.
"This investment is part of our commitment to creating the clean energy jobs of the future while supporting American innovation," US Energy Secretary Steven Chu says. "We can revitalize the American auto industry and at the same time reduce our dependence on oil and cut our carbon pollution."
The DOE issued a conditional loan commitment to Ford in June to finance as much as 80 percent of qualified expenditures to improve the efficiency of light vehicles by using technologies that improve internal combustion engines and transmissions, reduce vehicle weight, reduce vehicle drag with more aerodynamic designs, and improve vehicle efficiency through the development of hybrid and plug-in electric vehicles. The loan proceeds will allow Ford to raise the fuel efficiency of more than a dozen popular models, the DOE reports, representing close to two million new vehicles annually, and save more than 200 million gallons of gas a year.
ScottishPower submits plans for UK's largest electrolyser
ScottishPower has submitted a planning application to deliver the UK’s largest electrolyser which will be the key component of a green hydrogen facility located close to its Whitelee windfarm.
Alongside the 20MW electrolyser, the application also includes proposals for a combined solar and battery energy storage scheme - up to 40MW and 50MW respectively - to power the electrolyser. They will be installed about 5km west of Lochgoin Reservoir and next to the existing Whitelee Extension substation.
The submission marks an important step for Green Hydrogen for Scotland, a partnership between ScottishPower, BOC and ITM Power, to create green hydrogen production facilities with clusters of refuelling stations across Scotland.
The proposed green hydrogen project will be engineered and operated by BOC, using wind and solar power produced by ScottishPower Renewables, and the electrolyser will be delivered by ITM Power. The project aims to supply hydrogen to the commercial market before 2023.
Green Hydrogen for Glasgow aims to provide carbon-free transport and clean air for communities across Glasgow as well as helping support industrial hydrogen demand in the region. The city, set to host the United Nations 26th Climate Change Conference, COP26, later this year, aims to become the first net zero city in the UK by 2030.
Barry Carruthers, ScottishPower’s Hydrogen Director, said: “With all eyes set to be on Glasgow later this year as the city hosts the UN’s 26th climate change conference, COP26, it’s fantastic to be making this next important step towards delivering green hydrogen for Glasgow.
“Whitelee keeps breaking barriers, first the UK’s largest onshore windfarm, and soon to be home to the UK’s largest electrolyser. The site has played a vital role in helping the UK to decarbonise and we look forward to delivering another vital form of zero carbon energy generation at the site to help Glasgow and Scotland achieve their net zero goals.”
He added green hydrogen has a vital role to play in Scotland and the wider UK’s journey to Net Zero emissions, providing a sustainable energy source that can provide clean, renewable energy for industries, heavy transport and companies for future decades.
Green hydrogen is a zero carbon energy source which can be used by industries and companies that cannot fully electrify their operations to help them lower their emissions, for example, heavy duty transport like buses and bin lorries.
The technology gets its name from the green power source, normally wind or solar, used to power an electrolyser to split water into its core elements; hydrogen and oxygen gas. The hydrogen can then be stored and transported for use as needed.
The green hydrogen facility at Whitelee, the UK’s largest onshore windfarm, will house a 20MW electrolyser and would be able to produce up to 8 tonnes of green hydrogen per day, roughly equivalent to fuelling over 550 buses to travel from Glasgow to Edinburgh and back again each day.
Graham Cooley, CEO ITM Power, said it marks an exciting milestone based on market development for green hydrogen for the city of Glasgow, that will see the UK’s largest electrolyser deployment to date being realised in Scotland.
Mark Griffin, Hydrogen Market Development Manager for Clean Fuels at BOC said: “The scale of this project demonstrates the growing demand for clean hydrogen and as a member of the Green Hydrogen for Scotland partnership, we’re delighted to bring our hydrogen mobility and refuelling project expertise to help deliver a ground-breaking facility in Glasgow.”
The hydrogen production facility could support Glasgow City Council as well as surrounding local authorities and industries in their ambitions to create a zero emissions vehicle fleet, using only electric and hydrogen-powered vehicles by the end of 2029.
ScottishPower expects a decision on the planning application in autumn.
The UK recently announced a £3 million investment to develop the Tees Valley hydrogen transport hub (click here).