General Motors teams up with Starwood Energy to supply wind renewables
Starwood Energy Group Global LLC has announced a partnership with General Motors.
The two have signed a long-term renewable energy power purchase agreement, whereby General Motors will buy all of the clean energy generated at Starwood’s Northwest Ohio Wind project. It is a 100-megawatt project owned by Starwood located across 12,750 acres of land in Van Wert and Paulding Counties. The project will be completed next year.
EPA calculations show that the Northwest Ohio Wind project will power over 30,000 homes, avoiding the levels of CO2 emissions which would be created by 34,000 homes or 48,000 cars.
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Himanshu Saxena, Senior Managing Director and Co-Head of Starwood Energy Group, commented:
"Fortune 100 companies such as General Motors have become a key force supporting renewable energy. We are pleased to enter into this partnership with General Motors to help meet their sustainability objectives."
Rob Threlkeld, General Motors’ Global Manager of Renewable Energy, added:
"Starwood's Northwest Ohio Wind project is helping us toward our goal of meeting the electricity needs of our global operations with 100 percent renewable energy. The wind farm is ideally located to help meet the electricity needs of our Ohio manufacturing facilities."
Trafigura and Yara International explore clean ammonia usage
Reducing shipping emissions is a vital component of the fight against global climate change, yet Greenhouse Gas emissions from the global maritime sector are increasing - and at odds with the IMO's strategy to cut absolute emissions by at least 50% by 2050.
How more than 70,000 ships can decrease their reliance on carbon-based sources is one of transport's most pressing decarbonisation challenges.
Yara and Trafigura intend to collaborate on initiatives that will establish themselves in the clean ammonia value chain. Under the MoU announced today, Trafigura and Yara intend to work together in the following areas:
- The supply of clean ammonia by Yara to Trafigura Group companies
- Exploration of joint R&D initiatives for clean ammonia application as a marine fuel
- Development of new clean ammonia assets including marine fuel infrastructure and market opportunities
Magnus Krogh Ankarstrand, President of Yara Clean Ammonia, said the agreement is a good example of cross-industry collaboration to develop and promote zero-emission fuel in the form of clean ammonia for the shipping industry. "Building clean ammonia value chains is critical to facilitate the transition to zero emission fuels by enabling the hydrogen economy – not least within trade and distribution where both Yara and Trafigura have leading capabilities. Demand and supply of clean ammonia need to be developed in tandem," he said.
There is a growing consensus that hydrogen-based fuels will ultimately be the shipping fuels of the future, but clear and comprehensive regulation is essential, according to Jose Maria Larocca, Executive Director and Co-Head of Oil Trading for Trafigura.
Ammonia has a number of properties that require "further investigation," according to Wartsila. "It ignites and burns poorly compared to other fuels and is toxic and corrosive, making safe handling and storage important. Burning ammonia could also lead to higher NOx emissions unless controlled either by aftertreatment or by optimising the combustion process," it notes.
Trafigura has co-sponsored the R&D of MAN Energy Solutions’ ammonia-fuelled engine for maritime vessels, has performed in-depth studies of transport fuels with reduced greenhouse gas emissions, and has published a white paper on the need for a global carbon levy for shipping fuels to be introduced by International Maritime Organization.
Oslo-based Yara produces roughly 8.5 million tonnes of ammonia annually and employs a fleet of 11 ammonia carriers, including 5 fully owned ships, and owns 18 marine ammonia terminals with 580 kt of storage capacity – enabling it to produce and deliver ammonia across the globe.
It recently established a new clean ammonia unit to capture growth opportunities in emission-free fuel for shipping and power, carbon-free fertilizer and ammonia for industrial applications.