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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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BNEF predicts that lithium-ion battery prices, already down by nearly 80% per megawatt-hour since 2010, will continue to tumble as electric vehicle manufacturing builds up through the 2020s. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. NEO 2018 sees $11.5

Wind 220
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EIA: US electricity generation from coal and natural gas both increased with summer heat

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In August 2012, coal produced 39% of US electricity, up from a low of 32% in April 2012, when the natural gas share of generation equaled that of coal. The August coal share of generation is still notably lower than the 50% annual average over the 1990-2010 period. Data for 2011 and 2012 are preliminary.

Coal 236
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EIA: world energy consumption to grow 56% 2010-2040, CO2 up 46%; use of liquid fuels in transportation up 38%

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World energy consumption by fuel type, 2010-2040. The US Energy Information Administration’s (EIA’s) International Energy Outlook 2013 (IEO2013) projects that world energy consumption will grow by 56% between 2010 and 2040, from 524 quadrillion British thermal units (Btu) to 820 quadrillion Btu. Source: IEO2013.

2010 317
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Dominion Energy sets new goal of net zero emissions by 2050 for both power generation, natural gas operations

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Dominion Energy announced a significant expansion of the company's greenhouse gas emissions-reduction goals, establishing a new commitment to achieve net zero emissions by 2050. The goal covers carbon dioxide and methane emissions, the dominant greenhouse gases, from both electricity generation and gas infrastructure operations.

Emissions 207
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EIA: US energy-related CO2 fell by 2.8% in 2019, slightly below 2017 levels

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The increase in 2018 was largely caused by increased energy use as a result of weather and was the largest increase in CO 2 emissions since 2010, when the US economy was recovering from an economic recession. The United States now emits less CO 2 from coal than from motor gasoline. Total net electricity generation fell by 1.5%

2019 273
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CMU study finds that coal retirement is needed for EVs to reduce air pollution

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Electric vehicles charged in coal-heavy regions can create more human health and environmental damages from life cycle air emissions than gasoline vehicles, according to a new consequential life cycle analysis by researchers from Carnegie Mellon University. That’s why the shift away from coal is so important for EVs. Jeremy Michalek.

Coal 150
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IEA: global energy demand rose by 2.3% in 2018, fastest pace in the last decade; CO2 emissions up 1.7%

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Natural gas emerged as the fuel of choice, posting the biggest gains and accounting for 45% of the rise in energy consumption. Gas demand growth was especially strong in the United States and China. Solar and wind generation grew at double-digit pace, with solar alone increasing by 31%. Energy demand worldwide grew by 2.3%

2018 207