The European Union (EU) on Tuesday (27 July) said it will invest €118 million into 32 small innovative projects located in 14 EU Member States, Iceland and Norway.
The grants will support projects aiming to bring low-carbon technologies to the market in energy intensive industries, hydrogen, energy storage and renewable energy.
In addition to these grants, 15 projects located in 10 EU Member States and Norway will benefit from project development assistance worth up to €4.4 million, with the aim of advancing their maturity.
“With today’s investment, the EU is giving concrete support to clean tech projects all over Europe to scale up technological solutions that can help reach climate neutrality by 2050,” said European Commission Executive Vice-President Timmermans.
“The increase of the Innovation Fund proposed in the Fit for 55 Package will enable the EU to support even more projects in the future, speed them up, and bring them to the market as quickly as possible.”
Bio-LNG bunkering project – FirstBio2Shipping
Amongst projects which received the €118 million funding was FirstBio2Shipping; the initiative is located in The Netherlands and involves ATTERO BV (NL) and Bio-LNG Hub Wilp B.V. (NL).
The aim of the project is to decarbonise the maritime sector by demonstrating the first industrial plant producing renewable, low-carbon bio liquified natural gas (bio-LNG) in a standardised and scalable fashion, enabling the cost-effective substitution of heavy fuel oil (HFO).
The plant consists inter alia of a gas treatment unit, a bio-LNG polishing and storage unit and a carbon capture unit. At the core of the process is a novel technology called iLNG.
The novel integrated system aims to overcome hurdles such as low bio-LNG qualities (i.e., containing amines), high methane slip (due to CO2 venting), high temperature demands in gas treatment technologies, and high costs for disposal of wastewater and toxic chemical waste.
The demonstration plant aims to produce 6 million Nm3 /year of biogas, 2,400 tons/year biomethane and 5,000 tons/year bio-CO2. The project would reduce GHG by 92% compared to a reference scenario.
Note: A full copy of the list of projects proposed for project development assistance can be downloaded here.
Related: Union of Greek Shipowners welcomes EC “Fit for 55 Package”; questions effectiveness
Related: SEA-LNG responds to the European Commission’s “Fit for 55” package
Related: It’s time for greater decarbonisation action: GoodFuels’ response to ‘Fit for 55’
Related: Maersk: Charting the course to a climate-neutral Europe and sustainable shipping
Related: ECSA: EC “Fit for 55” package offers lack of consistency among other climate proposals
‘The JMs have failed to discharge their duties by blindly helping the Banks mount a false case against the Defendant,’ wrote defence lawyers representing former IPP Director Dr Goh Jian Hian in court statement.
Lead prosecutor Andreas Myllerup Laursen aims for a fine and a prison sentence in the so-called Syria case scheduled to commence in Odense, Denmark on 26 October, writes the Danish publication.
In a modern re-telling of the story of David versus Goliath, local bunker barge owners/charterers successfully resisted claims brought in the Singapore courts by Phillips 66 for misdelivery of bunkers.
Bunker barge owners and operators; traders and suppliers; banks, including players in other countries, will have to re-examine respective operations, advises Helmsman Associate Director Jonathan Tan.
Vopak BL was a non-essential document with no contractual force and had no effect as a contract of carriage or as a document of title, states written Judgement issued by Singapore Court of Appeal.
Dwivedi Vivek Kumar ended his tenure as Global Head – Bitumen & Shipping & Regional Head – APAC at GP Global APAC on 10 November 2020 due to internal structuring of the GP Global Group.