Recent developments
Hydrogen and carriers
At Antwerp‑Bruges, Air Liquide started the first industrial-scale ammonia cracking pilot converting about 30 t/day to hydrogen. OMV and Masdar formed a JV to build a 140 MW green hydrogen electrolyzer plant to decarbonize the Schwechat refinery by 2027. DNV issued AiP for Hycamite's Thermo-Catalytic Decomposition onboard LNG vessels, producing hydrogen and solid carbon. In Vietnam, Messer and PVChem will use LNG cold energy for cryogenic air separation, improving efficiency and lowering indirect emissions.
Low-carbon fuels and feedstocks
NXTClean Fuels selected Topsoe as the technology licensor for its Port Westward facility, targeting up to 50,000 bpd of SAF and renewable diesel by 2029. Malaysia’s Pengerang biorefinery will produce SAF, HVO, and bio‑naphtha from waste lipids from 2028. In Spain, Clariant supports the Ecoplanta waste-to-methanol project processing residual waste into 240,000 t/y methanol by 2029. Neste’s SCOOP will co‑process tall oil at Porvoo, enabling renewable fuels and chemical feedstocks, pending FID.
CCUS and electrified heat
Heidelberg Materials prepared for the Padeswood carbon capture facility to capture 800,000 t/y and began deliveries of carbon‑captured evoZero cement from Brevik. The Commission cleared a Global Infrastructure Management–Eni UK joint venture for CO2 transport and storage. In India, the first commercial RotoDynamic Heater will electrify cement calcination using renewable power, targeting 60,000 t/y CO2 reduction initially.
Renewables and grids
RWE completed all monopile foundations at Nordseecluster A, targeting 660 MW by early 2027. It installed all recyclable rotor blades at the Sofia offshore wind farm, a 1.4 GW project due in 2026. In Denmark, foundation installation finished at the Thor offshore wind farm, which will use lower‑carbon towers and some recyclable blades. Statkraft commissioned Germany's largest solar-battery hybrid plant to support grid stability. Iberdrola will develop the VNI West 500 kV interconnector to unlock up to 3.5 GW of renewables in southeast Australia.
Policy and financing signals
The Innovation Fund awarded €643 million to five EV battery projects expected to abate 88 Mt CO2e in their first decade. The EU recorded a 2.5% emissions reduction in 2024 and outlined a higher 2030 ambition range. Gunvor arranged a sustainability-linked revolving credit facility tied to Scope 1–3 metrics and fleet efficiency. A 15-year PPA to supply Google’s data centers from an Ohio solar farm underscored rising digital demand for low‑carbon power.