E-Fuel Blending In EVs Can Reduce Fossil Fuel Dependence By 2028: IEA Estimates Updated On Mon, Jan 15th, 2024 by Saurenergy A recent report by International Energy Agency (IEA) found that a combination of electric vehicles (EVs) and biofuels is anticipated to significantly reduce global oil demand. It’s estimated to offset 4 million barrels of oil-equivalent per day by 2028, constituting over 7% of the predicted oil demand for transportation. The IEA report on E-fuel mentioned, […] Read more
bp to Build 2 GW Green Hydrogen Cluster ‘HyVal’ in Valencia Updated On Thu, Mar 2nd, 2023 by Saurenergy Global energy conglomerate bp (British Petroleum) has launched the green hydrogen cluster of the Valencia region (HyVal) at its Castellón refinery in Spain. Bp said that this is a public-private collaborative for phased development of up to 2 GW of electrolysis capacity by 2030 for producing green hydrogen at bp’s refinery. bp said that HyVal […] Read more
France’s CMA CGM Creates Special Fund for Shipping Decarbonisation Updated On Wed, Sep 7th, 2022 by Saurenergy French shipping conglomerate CMA CGM Group is creating a Special Fund for Energies which is backed by a five-year $1.5 billion budget to accelerate its energy transition and achieve net-zero carbon by 2050. The official statement of CMA CGM revealed that the special fund will invest to support the industrial production of new fuels, as […] Read more
India, Japan Partner for Electric Vehicles, battery storage, Biofuels, Green Hydrogen Updated On Tue, Mar 22nd, 2022 by Saurenergy Taking cooperation for net zero carbon emissions to the next level, India and Japan have instituted a ‘Clean Energy Partnership’ (CEP) by incorporating electric vehicles, EV charging infrastructure, solar sector development, biofuels, green hydrogen and battery storages. Japanese Prime Minister Kishida Fumio, was in India for the 14th India-Japan Annual Summit earlier this week. After […] Read more
Biofuels: Empowering the Economy and Conserving the Environment Updated On Mon, Jun 21st, 2021 by Saurenergy Notwithstanding adversities of pandemic India is projected to report close to double digit GDP growth this year based on studies by renowned institutions. Thanks to huge domestic market consumption though exports are likely to remain subdued! The energy requirement of an economy is directly proportional to population and the momentum of development. Electricity and fuel […] Read more
Implementation of Bio-Fuel Scheme Updated On Thu, Jul 27th, 2017 by Saurenergy For the development of Biofuels, a National Policy on Biofuels has been announced in the year 2009. The Government, is implementing the Ethanol Blended Petrol (EBP) Programme under which, Oil Marketing Companies sell ethanol blended petrol with percentage of ethanol up to 10% as per BIS specifications, depending upon its availability. This was stated by […] Read more
