Who on Earth is Twiggy Forest?
Andrew “Twiggy” Forest is Australia’s second richest person. His wealth has been accumulated from mining and other ventures. He is the major shareholder and former CEO of Fortesque Metals, which holds massive iron ore leases in the Pilbara of Western Australia. Inspired by other billionaires (like Bill and Melinda Gates), he has pledged to give away his wealth during his lifetime. To do so, so far, he has funded philanthropic foundations to wipe out modern slavery (The Global Freedom Network), encourage the employment of indigenous Australians, and grant scholarships for higher learning.
But, you are asking, how does this relate to the readers of CleanTechnica? Let me tell you about what Twiggy is up to now. Twiggy Forest has established Fortesque Future Industries. Current projects include:
- Successful combustion of ammonia to power locomotives and large marine vessels, including ore carriers.
- Design and construction of hydrogen powered mining trucks and drilling rigs.
- Successful production of green iron and green cement.
The Outback’s answer to Steve Jobs plans to make Fortesque one of the world’s biggest energy companies by using green hydrogen. Australia’s vast renewable energy resources will be tapped to create green hydrogen that will power not only Forest’s huge mining ventures but also be available for export.
Fortesque plans to build a 40 GW renewable energy hub in the Pilbara. This energy will be used to create hydrogen which will in turn be used to produce green steel. The EU and associated countries will be looking for products that are produced in a low-carbon environment. The export potential is mind boggling.
The transition to green steel will not be easy. Twiggy anticipates that as green hydrogen becomes cost effective, the fossil fuel industry will fight back by slashing prices. In a recent Australian Broadcasting Commission lecture, he described it thus: “At the end, it will be grim – think of a knife fight in a telephone box.”
Judging by his track record so far, I think I know who will win. We have a ringside seat, pass the popcorn!
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Stories we discuss in this episode (with links)
Why gas bikes just can’t compete with electric motorcycles in the summer
Tesla’s next-gen Dojo AI training tile is in production
The US just proposed 18 GW of new offshore wind sales
There’s a new trend making electric bike batteries safer
Toyota goes large on hydrogen with new US headquarters
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Environment
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Environment
A fully-electric 10,000 ton container ship has begun service equipped with over 50,000 kWh in batteries
Chinese state-owned company COSCO Shipping has launched what it calls the “world’s largest” river-to-sea electric container ship. The Green Water 01 is a 10,000-ton+ fully electric vessel that sets a new benchmark in sustainability in the marine logistics industry.
China Ocean Shipping (Group) Company, or COSCO for short, is a state-owned multinational conglomerate headquartered in Shanghai specializing in marine transport. Not to be confused with Costco, COSCO Shipping was founded as a subsidiary in 2016 following an approved merger between COSCO and China Shipping.
The COSCO Group is the largest liner carrier in China, transporting hundreds of container vessels daily while also providing ships to Chinese automakers to help them export their electric vehicles to new markets overseas, including Europe.
To adapt to the times, COSCO has developed a massive, fully electric container ship, which has now officially begun service in China.
COSCO’s electric container ship begins service in China
According to a WeChat post from COSCO Shipping, which features reports from China’s CCTV, the company’s Green Water 01 electric container ship arrived safely and was berthed in the Port of Yangshan by the local maritime safety administration.
The Green Water 01 sails at a total length of 119.8 meters, a molded width of 23.6 meters, a molded depth of 9 meters, a design draft of 5.5 meters, and a maximum speed of 19.4 km/h (12 mph). COSCO Shipping says the Green Water 01 electric container ship presents multiple firsts for the marine industry, including total length, width, container capacity, deadweight tonnage (10,0000 tons), and battery capacity (50,000+ kWh).
Speaking of batteries, the electric container ship is powered by a large-capacity battery combining for over 50,000 kWh. However, COSCO says the number of battery modules can be configured depending on the length of the voyage at sea. For example, additional 20-foot battery boxes offering 1,600 kWh of electricity can be loaded onto the container for extra range.
This ship’s captain, Wang Jun, told CCTV that when the Green Water 01 is equipped with 24 battery boxes, the electric container ship can complete trips that consume 80,000 kWh of energy, equivalent to approximately 15 tons of fuel for a similar journey in a traditional container ship.
COSCO Shipping also shared that the new Green Water 01 can save 3,900 kg (8,600 pounds) of fuel for every 100 nautical miles traveled, cutting carbon dioxide emissions by 12.4 tons. Following the successful launch, the Green Water 01 has commenced weekly service between Shanghai and Nanjing.
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