NextEra Energy Resources Archives - Maritime Shipping News

Will natural gas payback beat EV adoption?

29 March 2024

The confluence of a new, bigger engine, net-zero carbon emissions from renewable natural gas (RNG) and pressure from shippers for their carriers to operate sustainably add up to a bright picture for natural gas adoption.

But a new study from the North American Council for Freight Efficiency (NACFE) points to a couple of cautions. First is methane leakage from the source of the RNG. Methane escaping into the atmosphere is a huge contributor to planet-warming greenhouse gas.

Second, and most...

https://www.freightwaves.com/news/will-natural-gas-payback-beat-ev-adoption

Electrolyzers only scratch the surface of midcentury hydrogen demand

15 December 2023

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Even as manufacturing of electrolyzers grows, the hydrogen-making devices barely address the...

https://www.freightwaves.com/news/electrolyzers-only-scratch-the-surface-of-midcentury-hydrogen-demand

Real estate investors surge into electric truck charging

24 August 2023

Somewhere around the middle of the Netflix movie “The Founder,” actor Michael Keaton’s Ray Kroc character is told that his franchise success turns on real estate, not flipping hamburgers.

The same could be said of the nascent electric truck charging business. Every electric charging depot needs land. As part of a multiprong strategy, the biggest real estate developers and a host of well-funded startups are gobbling up acreage for future sites.

The opportunity is enormous. The California Energy...

https://www.freightwaves.com/news/real-estate-investors-surge-into-electric-truck-charging

Daimler built excess electric truck capacity in ‘22

31 January 2023

LAS VEGAS — Daimler Truck North America created capacity to build 2,000 Class 8 battery-electric trucks last year. But sales fell far short because of a lack of charging infrastructure.

“We had in our mind the market demand was going to be X based on discussions with customers,” CEO John O’Leary told reporters in a roundtable Tuesday before the opening of the Manifest supply chain conference.

“We installed the capacity and then, all of a sudden, [it was] ‘Whoa, wait a minute. I know I told you I...

https://www.freightwaves.com/news/daimler-built-more-electric-truck-capacity-in-22-than-chargers-could-support

A startup’s big bet on a Southwest electric truck corridor

21 October 2022

Neha Palmer helped Google build data centers that operate on 100% renewable energy. Don’t bet against TeraWatt Infrastructure, the startup Palmer co-founded, doing the same thing on a four-state electric truck charging corridor along Interstate 10 in the American Southwest.

The corridors are coming

Startup TeraWatt’s announcement Thursday of a Long Beach, California, to El Paso, Texas, corridor of high-speed charging stations for electric trucks will cost hundreds of millions. With $1 billion in...

https://www.freightwaves.com/news/a-startups-big-bet-on-a-southwest-electric-truck-corridor

Cummins adding hydrogen electrolyzer manufacturing in US

11 October 2022

Cummins Inc. will manufacture hydrogen electrolyzers in Minnesota, the latest site in its effort to meet a 2025 revenue goal of $400 million a year from cleaning up long-haul trucking and other polluting industries.

Electrolyzer production will get 89,000 square feet of dedicated space at an existing Cummins facility in Fridley, Minnesota. Production will start at 500 megawatts of manufacturing capacity annually, which could grow to 1 gigawatt. Cummins did not disclose how much it is investing...

https://www.freightwaves.com/news/cummins-adding-hydrogen-electrolyzer-manufacturing-in-us

Renewable hydrogen viewed as true fuel alternative

27 June 2022

NextEra Energy plans to eliminate greenhouse gas emissions by 2045, saying it can do so without using offsets through renewable hydrogen.

The Juno Beach, Florida-based company wants to convert more than two-thirds of its natural gas power plants to run on hydrogen. This is being touted as one of the “biggest bets yet to make hydrogen a central piece of the energy landscape,” in a recent Bloomberg article.

“In my opinion, when NextEra makes a move, you want to pay attention,” said Mike Hopkins,...

https://www.freightwaves.com/news/renewable-hydrogen-viewed-as-true-fuel-alternative

Daimler Truck, BlackRock and NextEra Energy’s $650M bet on electric infrastructure

1 February 2022

Daimler Truck North America (DTNA), BlackRock Renewable Power and NextEra Energy Resources plan a $650 million joint venture to build charging infrastructure for electric and hydrogen fuel cell medium- and heavy-duty trucks, addressing a barrier to widespread adoption.

The new charging stations and hydrogen filling outlets are intended for commercial trucking, which is underserved in a transition to renewable energy that has seen public charging focused on cars and light trucks that require less...

https://www.freightwaves.com/news/daimler-truck-blackrock-and-nextera-energys-650m-bet-on-electric-infrastructure