Remove 2008 Remove Gas Remove Gas-Electric Remove Oil
article thumbnail

EIA: high prices for natural gas this winter as global consumption remains high and inventories low

Green Car Congress

The US Energy Information Administration (EIA) expects higher-than-average natural gas prices globally as demand remains high this winter in the United States, Europe, and Asia, and inventories remain low. That price will be the highest inflation-adjusted monthly average price since 2008. —EIA Administrator Joe DeCarolis.

Gas 150
article thumbnail

As states continue to use less coal for electricity, driving electric vehicles becomes even cleaner

Green Car Congress

Battery electric vehicles are only as clean as the energy source used to generate the electricity that powers them. These results indicate that coal and oil are the energy sources leading to most emissions, and that hydro, wind, and nuclear are the energy sources leading to least emissions. Natural gas. Energy source.

Coal 334
article thumbnail

Petrobras’ June oil production in Brazil up 1.7% exceeding 2M bpd; gas production reaches record

Green Car Congress

Petrobras’s June oil production in Brazil averaged 2,008 thousand barrels/day (bpd), up 1.7% The company’s oil and natural gas production in Brazil in the same month was 2,426 thousand barrels of oil equivalent per day (boed), indicating a 1.6% June’s natural gas production of 66.4 million m 3.

Brazil 265
article thumbnail

Bloom Energy and Samsung Heavy Industries team up to build ships powered by solid oxide fuel cells running on natural gas

Green Car Congress

SHI aims to be the first shipbuilder to deliver a large cargo ship for ocean operation powered by fuel cells running on natural gas. Today, 80% of the world’s shipping fleet runs on heavy fuel oil, or bunker fuel. Bloom Energy Servers use natural gas, biogas or hydrogen as fuel.

Gas 281
article thumbnail

Siemens Energy secures 50 MW electrolyzer order from European Energy for first large-scale eMethanol project

Green Car Congress

Through the nearby 300 MW solar park of Kassø, developed by European Energy, the project will have access to the low-cost renewable electricity needed to produce cost-effective e-Fuel. For comparison: This is more than five times the total electricity consumption of Germany.

Energy 370
article thumbnail

IHS Markit: global oil demand still growing in the short term despite increasing focus on EVs

Green Car Congress

Short-term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market’s increasing focus on electric vehicles and the forecasted future plateau in oil demand, according to new analysis from IHS Markit, a global business information provider. Source: IHS Markit 2018.

Oil 276
article thumbnail

Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

Green Car Congress

Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. During the Global Financial Crisis in 2008/9, the COVID19 pandemic, and now the Ukrainian War, economic stimulus packages were meant to put the world on a cleaner and greener path, but this is not at all evident in the CO 2 emissions data.

Global 221