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Dr. Ing. h.c. F. Porsche AG, usually shortened to Porsche, is a German automobile manufacturer specializing in luxury, high-performance sports cars, SUVs and sedans, headquartered in Stuttgart, Baden-Württemberg, Germany. The company is owned by Volkswagen AG, a controlling stake of which is owned by Porsche Automobil Holding SE. Porsche's current lineup includes the 718, 911, Panamera, Macan, Cayenne and Taycan.
Volkswagen is a German automobile manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. Founded in 1937 by the German Labour Front under the Nazi Party and revived into the global brand it is known as today post-World War II by the British Army officer Ivan Hirst, it is known for the iconic Beetle and serves as the flagship brand of the Volkswagen Group, the largest automotive manufacturer by worldwide sales in 2016 and 2017. The group's biggest market is China, which delivers 40 percent of its sales and profits. Its name is derived from the German-language terms Volk and Wagen, translating to "people's car" when combined.
Volkswagen AG, known internationally as the Volkswagen Group, is a German public multinational conglomerate manufacturer of passenger and commercial vehicles, motorcycles, engines and turbomachinery. Headquartered in Wolfsburg, Lower Saxony, Germany, and since the late 2000s is a publicly-traded family business owned by Porsche SE, which in turn is half-owned but fully controlled by the Austrian-German Porsche and Piëch family. The company also offers related services, including financing, leasing, and fleet management. In 2016, it was the world's largest automaker by sales, and keeping this title in 2017, 2018, and 2019, selling 10.9 million vehicles and was the largest automaker by revenue in 2022. It has maintained the largest market share in Europe for over two decades. It ranked seventh in the 2020 Fortune Global 500 list of the world's largest companies. In 2023, Volkswagen Group ranked 29th in the Forbes Global 2000.
Siemens AG is a German multinational technology conglomerate. It is focused on industrial automation, distributed energy resources, rail transport and health technology. Siemens is the largest industrial manufacturing company in Europe, and holds the position of global market leader in industrial automation and industrial software.
The hydrogen economy is an umbrella term for the roles hydrogen can play alongside low-carbon electricity to reduce emissions of greenhouse gases. The aim is to reduce emissions where cheaper and more energy-efficient clean solutions are not available. In this context, hydrogen economy encompasses the production of hydrogen and the use of hydrogen in ways that contribute to phasing-out fossil fuels and limiting climate change.
Continental AG, commonly known as Continental or colloquially as Conti, is a German multinational automotive parts manufacturing company that specializes in tires, brake systems vehicle electronics, automotive safety, powertrain, chassis components, tachographs, and other parts for the automotive and transportation industries. Continental is structured into six divisions: Chassis and Safety, Powertrain, Interior, Tires, ContiTech, ADAS. It is headquartered in Hanover, Lower Saxony. Continental is the world's third-largest automotive supplier and the fourth-largest tire manufacturer.
Wärtsilä Oyj Abp, trading internationally as Wärtsilä Corporation, is a Finnish company which manufactures and services power sources and other equipment in the marine and energy markets. The core products of Wärtsilä include technologies for the energy sector, including gas, multi-fuel, liquid fuel and biofuel power plants and energy storage systems; and technologies for the marine sector, including cruise ships, ferries, fishing vessels, merchant ships, navy ships, special vessels, tugs, yachts and offshore vessels. Ship design capabilities include ferries, tugs, and vessels for the fishing, merchant, offshore and special segments. Services offerings include online services, underwater services, turbocharger services, and also services for the marine, energy, and oil and gas markets. At the end of December 2023, the company employed 17,800 workers.
ActewAGL is an Australian multi-utility joint venture company provides utility services in the Australian Capital Territory (ACT) and south-east New South Wales. The company was formed in October 2000 between the Australian Gas Light Company and ACTEW Corporation.
The AES Corporation is an American utility and power generation company. It owns and operates power plants, which it uses to generate and sell electricity to end users and intermediaries like utilities and industrial facilities. AES, headquartered in Arlington, Virginia, is one of the world's leading power companies, generating and distributing electric power in 15 countries and employing 10,500 people worldwide. AES Corporation is a global Fortune 500 power company. AES Ranks in the Top Ten of Fast Company's 2022 Best Workplaces for Innovators.
Renewable energy in Australia is mainly based on biomass, solar, wind, and hydro generation. Over a third of electricity is generated from renewables, and is increasing, with a target to phase out coal power before 2040. Wind energy and rooftop solar have particularly grown since 2010. The growth has been stimulated by government energy policy in order to limit the rate of climate change in Australia that has been brought about by the use of fossil fuels. Pros and cons of various types of renewable energy are being investigated, and more recently there have been trials of green hydrogen and wave power.
Siemens Gamesa Renewable Energy, S.A. was formed in 2017 in a merger of Siemens' Wind Power division with Gamesa Corporación Tecnológica, S.A.; it is a Spanish-German wind engineering company based in Zamudio, Biscay, Spain. The company has two other main sites in Spain: one in Madrid and the other in Sarriguren. Other than its headquarters, its onshore business is primarily based in Spain, while the offshore business is based in Germany and Denmark. It is the world's second largest wind turbine manufacturer behind Vestas.
Equinor ASA is a Norwegian state-owned multinational energy company headquartered in Stavanger, Norway. It is primarily a petroleum company operating in 36 countries with additional investments in renewable energy. In the 2020 Forbes Global 2000, Equinor was ranked as the 169th-largest public company in the world. In 2023, the company was ranked 52nd in the same list. As of 2021, the company has 21,126 employees.
The milestones for carbon capture and storage show the lack of commercial scale development and implementation of CCS over the years since the first carbon tax was imposed.
The Basslink electricity interconnector is a 370 km (230 mi) 500 MW (670,000 hp) high-voltage direct current (HVDC) cable linking the electricity grids of the states of Victoria and Tasmania in Australia, crossing Bass Strait, connecting the Loy Yang Power Station, Victoria on the Australian mainland to the George Town substation in northern Tasmania. Basslink is bidirectional and enables Hydro Tasmania to supply some of the peak load capacity to the Australian mainland and take some of the excess power from the mainland when the generation on the mainland exceeds the demand.
Clarke Energy is part of the Kohler Company and is a multinational specialist in the sale, engineering, installation and maintenance of power plants that use gas engines. Clarke Energy is an independent company with its global head offices located in Knowsley, Liverpool and is an authorised distributor and service partner for INNIO's Jenbacher and Waukesha gas engines. Clarke Energy has over 1,000 staff in seventeen countries worldwide including Algeria, Australia, Bangladesh, Cameroon, France, India, Ireland, New Zealand, Nigeria, Tanzania, Tunisia, South Africa, Botswana, Mozambique, Swaziland and Lesotho. The company maintains a portfolio of applications for both low-carbon power and renewable energy generation.
Electrofuels, also known as e-fuels, are a class of synthetic fuels which function as drop-in replacement fuels for internal combustion engines. They are manufactured using captured carbon dioxide or carbon monoxide, together with hydrogen obtained from water split. Electrolysis is possible with both traditional fossil fuel energy sources, as well as low-carbon electricity sources such as wind, solar and nuclear power.
VinFast Auto Ltd. is a Vietnam-based multinational automotive company founded by Vingroup, one of the largest private conglomerates in Vietnam that was founded by Pham Nhat Vuong.
Green hydrogen (GH2 or GH2) is hydrogen produced by the electrolysis of water, using renewable electricity. Production of green hydrogen causes significantly lower greenhouse gas emissions than production of grey hydrogen, which is derived from fossil fuels without carbon capture.
Siemens Energy AG is a German publicly-traded energy corporation formed through the spin-off of the former Gas and Power division of Siemens, and it includes full ownership of Siemens Gamesa.
Highly Innovative Fuels (HIF) Australia is a carbon neutral synthetic fuel development program operated by German automaker Porsche AG and international eFuel company HIF Global. The program was announced in April 2022, with the announcement of the first manufacturing and research plant in the state of Tasmania coming in July of that year, said plant is set to open in 2026.
References
- ↑ "About Us". hifglobal.com. Retrieved 2022-11-09.
- ↑ "construction begins on the haru oni project". h2bulletin.com. 2021-09-10. Retrieved 2022-11-09.
- ↑ "HIF partnership receives financial support from German government". enel.com. 2020-12-02. Retrieved 2022-11-09.
- ↑ "Porsche could be producing eFuels in Australia by 2026". carexpert.com.au. 2022-04-07. Retrieved 2022-11-09.
- ↑ "Porsche to build Australian efuels plant in Tasmania, operational from mid-2026". whichcar.com.au. 2022-07-08. Retrieved 2022-11-09.