European countries lead the World Economic Forum Energy Transition Index 2024 rankings; Sweden comes top, followed by Denmark, Finland, Switzerland and France.

Emerging economies such as Brazil and China make notable progress, although 83% of countries move backwards from last year in at least one of the three energy system performance dimensions – security, equity and sustainability.

Kanthal, a world leader in electric industrial heating technology, and Danieli, a major global supplier of turnkey plants and equipment for the iron- and steel industry, have announced a strategic partnership to jointly scale up Kanthal’s demonstrated electric process gas direct-heating solution,

Alleima’s division Kanthal has signed a strategic partnership with Danieli, a major global supplier of turnkey plants and equipment for the iron- and steel industry, to jointly develop and scale up Kanthal’s demonstrated electric process gas direct-heating solution, Prothal® DH, to full industrial scale. The introduction of Prothal® DH technology in blast furnace operation will reduce CO2 emissions in ironmaking.

By Eve Pope, Technology Analyst at IDTechEx

Carbon dioxide removal (CDR) will be needed to reach any international net zero emission targets and avoid global warming beyond 1.5-2°C. Negative emissions technologies (NETs), especially those that go beyond nature-based approaches to provide long-lasting scalable CO2 removals, have therefore been receiving increased support through government policy and voluntary carbon credit purchases from corporations with ambitious climate goals. IDTechEx predicts that by 2044, the world’s capacity for such durable, engineered CO2 removals will exceed 630 megatonnes per annum.

The conference “Renewable Dialogue – North Sea Energy Hub” will take place for the first time on 23 April 2024 in the Convention Center at the Hannover Exhibition Center. There, politicians and experts from Germany and Partner Country Norway will discuss the energy transition with a focus on political conditions as well as technological developments and applications.

Sweden, the leading climate tech ecosystem in the EU by investment volume in 2023, is up for this year too. In the largest known green cement seed round to date, Swedish Cemvision joins forces with its compatriot investors Polar Structure and BackingMinds, and SF-based Zacua Ventures. The news comes soon after Cemvision announced its first official customer contract and is part of a plan to accelerate the company’s short-term momentum. The cement industry accounts for 8% of global CO2 emissions and is an estimated $400B market globally.

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