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The AR500 turbine is waiting to be installed in waters off the Japanese islands.

A tidal turbine built and tested in Scotland was installed in waters off a chain of Japanese islands. This is the latest example of the East Asian country studying the potential of marine forms of energy production.

In a statement on Monday, London-listed Simec Atlantis Energy said its pilot turbine generated 10 megawatt hours in the first 10 days of operation.

The AR500 turbine was assembled at a factory in Scotland before being shipped to Japan, where it was installed in waters off Naru Island, which is part of the larger Goto Island chain.

According to SAE, the overall project includes the leasing of tidal generation systems and the provision of offshore construction services for the Japanese company Kyuden Mirai Energy.

Graham Reid, CEO of SAE, described the installation as “a major milestone in the use of clean, renewable energy from tidal currents and we hope it will be the first of many tidal turbines installed in Japan”.

Monday’s news is the latest example of companies in Japan, an island nation with thousands of kilometers of coastline, turning to projects dealing with tidal and wave energy.

In January it was announced that the shipping giant Mitsui OSK Lines will be working with a company called Bombora Wave Power to develop potential project locations in Japan and the surrounding regions.

The collaboration between Tokyo-based MOL and Bombora focuses on finding possible locations for the latter’s mWave system as well as hybrid projects combining mWave and wind energy.

In simple terms, the technology developed by Bombora, which has offices in the UK and Australia, is based on the idea of ​​using rubber membrane cells that are filled with air and attached to a structure submerged in water.

According to a video by the company describing how its system works, the “flexible rubber membrane design pumps air through a turbine to generate electricity” when waves run across the system.

The International Energy Agency describes marine technologies as “great potential,” but adds that additional policy support is needed for research, design and development to “enable the cost reductions that come with bringing larger commercial plants up and running”.

For its part, Japan wants renewables to account for 22% to 24% of its energy mix by 2030.

In October last year, Prime Minister Yoshihide Suga said the country would target zero net greenhouse gas emissions by 2050. By 2030, Japan aims to reduce greenhouse gas emissions by 26% compared to 2013.

However, work remains to be done to ensure that the country achieves its goals. In 2019, the Agency for Natural Resources and Energy said the country was “largely dependent on fossil fuels” such as coal, oil and liquefied natural gas.

The Jack in the Box inventory could soon live up to its name.

Growing brief interest in stocks in the West Coast-based fast food chain appears to be preparing the stock for a brief press, Danielle Shay, director of options at Simpler Trading, told CNBC’s Trading Nation on Friday.

“I like Jack in the Box here, but for a short-term option trade,” Shay said.

While the stock isn’t far from its all-time highs, which would normally prevent Shay from buying in, it made an exception due to the unusual activity. According to FactSet, Jack in the Box currently has 9.2% short interest.

“With something like that that has a short interest, it has the potential for short press and profit,” Shay said. “This is why I like to trade shorter term calls on the profit line. That way I can only take advantage of the dynamics of the profit report and the increase in [implied volatility]. “

For investors looking to trade longer-term in this space, Shay suggested McDonald’s stock.

“If you look at a weekly McDonald’s chart, it has been consolidating for a while. I think that consolidation is going to break out on the upside. I’m aiming for $ 240,” she said. “It’s more of a long-term trade so you can sell put credit spreads on a regular basis [or] Buy long calls 90-120 days. “

McDonald’s stock lost less than half of 1% on Friday at $ 213.90.

“Indoor restaurants will take a while,” Shay said. “People will worry that they can leave. They can’t open to full capacity. … For me personally, I’d rather focus on the fast-food chains whose model is already geared specifically towards drive-thru is. “

Limited-service restaurants are now a better choice than their full-service counterparts, agreed Piper Sandler’s Craig Johnson.

“There you start to see that some of the sales in the same store are really positive,” he said in the same interview with Trading Nation, pointing to a table with Chipotle Mexican Grill.

“This is a long-term winner. It’s a name we’ve had on our model portfolio for a while, and we still think it should be bought,” Johnson said, noting the stock was above its 50 and 200 Days moving averages lies in an upward channel and strong performance compared to the S&P 500.

“This stock seems to have even more room to run,” he said. Chipotle finished trading 1% on Friday.

Johnson’s second choice was Chili’s mother Brinker International.

“On a weekly chart looking back a few years, you’ll see that you’ve finally reversed a downward trend from those 14’s highs and are now making new highs,” he said.

Brinker’s performance is also improving compared to the S&P and “confirms to us that something positive is happening here,” said Johnson. The Brinker share closed on Friday by about half, 1% lower.

“It looks like a lot of these restaurants are looking for another leg in really good tech,” said Johnson.

New York City restaurants reopened for indoor use on Friday at 25% capacity.

Disclaimer of liability

The device is in a converted shipping container.

RICE, Energy Security Research Institute, Swansea University

A subsidiary of the multinational building materials company HeidelbergCement is working with researchers from Swansea University to install and operate a demonstration unit for green hydrogen at a location in the UK

The collaboration is another example of how companies involved in energy-intensive processes are looking for ways to maintain productivity while reducing emissions.

In a statement last week, Swansea University said the green hydrogen unit, housed in a converted shipping container, has been installed at Hanson UK’s Regen GGBS facility in the town of Port Talbot, South Wales.

The term GGBS refers to ground granulated blast furnace slag that can be used in place of cement in concrete production.

The effects of cement production on the environment are significant. According to a 2018 report by the British think tank Chatham House, over 4 billion tons of cement are produced annually. According to the political institute, this corresponded to around 8% of global CO2 emissions.

Regen GGBS, while having a smaller carbon footprint than Portland cement, remains an energy-intensive product that requires significant amounts of electricity and natural gas.

According to Swansea University, the idea behind the Port Talbot project is “to replace some of the natural gas used in the facility with green hydrogen, which is considered a clean source of energy as it only gives off water when burned”.

The facility at the Hanson UK site produces hydrogen through electrolysis, which splits water into oxygen and hydrogen.

When the electricity comes from renewable sources – the project in Wales uses on-site wind and solar panels – the end product is called “green hydrogen”.

The system was put together as part of the Industrial Carbon Emission Reduction initiative led by the Energy Safety Research Institute at Swansea University.

In a statement, Charlie Dunnill, a lecturer at ESRI, described cement making as “one of the most energy and carbon intensive industries, and therefore a perfect place to have an impact on carbon reduction”.

Last week, the world’s largest cement company, LafargeHolcim, also announced that it would be part of a collaboration to “explore” the development of carbon capture and storage solutions.

In a statement, the company said it will “study the feasibility of carbon capture” at two facilities, one in Europe and one in North America, using Schlumberger New Energy’s carbon sequestration technology.

The United States Geological Survey describes carbon sequestration as “the process of capturing and storing atmospheric carbon dioxide”. Carbon capture can occur naturally – for example through forests – or through man-made systems developed by humans.

Cement making is just an industrial process that can be significantly improved in terms of emissions and other sustainability metrics.

The production of aluminum is different. BMW recently announced that it has started sourcing and using aluminum, made using solar power, for example.

In an interview with CNBC’s “Street Signs Europe” last Friday, the CFO of aluminum manufacturer Hydro spoke about the market for more sustainable offers.

“We are seeing a demand for our specific products, Hydro REDUXA and Hydro CIRCAL, which are low carbon or recycled … and really pick up again,” said Pal Kildemo.

“And we can charge a premium for these products compared to other ‘more normal’ products.”

Archer Air

Source: Archer Air

Wall Street investment banker Ken Moelis said the current bull market in stocks has raised concerns about speculation with too many offers and unproven technology, but without flying taxis.

Flying taxis – formerly known as electric aircraft and urban air mobility market – are coming in the near future and can replace helicopters, Moelis and the company’s CEO and founder, Ken Moelis, told CNBC earlier this week.

“These vehicles will be 100 times quieter, significantly safer, significantly cleaner and significantly cheaper,” Moelis told CNBC’s Squawk Alley on Thursday.

On Wednesday, the electric aircraft start-up Archer announced the merger of a special purpose vehicle (SPAC) with Moelis-backed Atlas Crest Investment Corp. worth $ 3.8 billion. The start-up plans to bring out its first aircraft sometime around 2024. The deal was valued on 2026 numbers.

According to Moelis, Archer is in the early stages of development, but its business plan is fully funded and the market opportunity is significant. “There is no speculation,” he said.

While skeptics “act like vertical takeoff and landing,” this is something new and unproven, “formerly known as helicopters,” said Moelis. “We add the word electric … The technology exists. There is nothing to invent.”

A 12-rotor design also makes the flight method safer than helicopters, Moelis said.

Archer Air

Source: Archer Air

The US civil helicopter market is currently estimated at 10,000 to 15,000 aircraft. Moelis believes the market could double to up to 30,000 due to the electric aircraft replacement cycle and that batteries will continue to evolve and extend range up to 100 miles.

“Only when helicopters are replaced by electronic take-off and landing vehicles will this be a huge market,” said Moelis. “There are 15,000 helicopters now. Can you imagine a world in which you can achieve that?”

Whether Archer’s electric vertical take-off and landing aircraft (eVTOL), which can fly up to 100 km, reach speeds of 250 km / h and cause minimal noise, can hit the market in 2024 depends, among other things, on Federal Aviation certification Administration.

United already orders 200 eVTOL Archer aircraft valued at $ 1 billion. The Chicago-based aviation giant has invested in several strategies over the past few months to reduce its carbon footprint, including an investment in a carbon capture company owned by oil and gas company Occidental Petroleum. Urban air mobility vehicles are likely to be used initially to transport passengers to and from airports. Stellantis, the newly combined Fiat Chrysler and PSA Peugeot, is also among a growing list of Archer investors.

Key players in the auto and aviation industries, including Uber, Toyota, and Airbus, are following the flying taxi market. Uber sold its flying taxi business late last year to Archer rival Joby, in which it has already invested.

Data from Deloitte suggests that around 200 companies are working on similar aircraft for passengers or cargo. The market is projected to explore $ 4 billion by 2025 and $ 57 billion by 2035. Another study by Frost & Sullivan assumes that air taxis will fly in the sky in Dubai as early as 2022.