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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). thousand terawatt-hours in 2018, up from 6.4 thousand in 2017.

Coal 243
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IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

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Renewables investment has been more resilient during the crisis than fossil fuels, but spending on rooftop solar installations by households and businesses has been strongly affected and final investment decisions in the first quarter of 2020 for new utility-scale wind and solar projects fell back to the levels of three years ago.

Global 344
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Tsinghua University provincial-level lifecycle study finds fuel-cycle criteria pollutants of EVs in China could be up to 5x those of natural gas vehicles due to China’s coal-dominant power mix

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In regions where the share of coal-based electricity is relatively low, EVs can achieve substantial GHG reduction, the team reports in a paper in the ACS journal Environmental Science & Technology. According to the 12 th Five-Year Plan of the China Coal Industry (2011?2015) Earlier post.]

Coal 231
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Volkswagen Group now planning 22M EVs in ten years; 70 new electric models by 2028

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Volkswagen is seeking to provide individual mobility for millions of people for years to come—individual mobility that is safer, cleaner and fully connected. The 2025 target is to reduce the CO 2 footprint of the vehicle fleet by 30 percent across the lifecycle compared to 2015. billion) by 2023. Earlier post.). Earlier post.).

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Air Products heralds successful operation of project to capture CO2 from hydrogen production for use in enhanced oil recovery

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The CO 2 removal technology was retrofitted to the SMRs, which produce hydrogen to assist in the making of cleaner burning transportation fuels by refinery customers on Air Products’ Gulf Coast hydrogen pipeline network.

Oil 186
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INPEX and Total launch the $34B Ichthys offshore Australia LNG Project; entire 8.5 Mt/y LNG output already sold for 15 years

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Ichthys will provide a long-term stable supply of cleaner energy to. Onshore installations will consist of two LNG trains with a capacity of 4.2 interest alongside Santos, Petronas and Kogas in the GLNG Coal Seam Gas to LNG project launched in early 2011. First LNG will be delivered in 2015. million tons per year.

Australia 210
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Renewable-methanol fueled Geely cars in fleet testing in Iceland; 70% reduction in WTW CO2 compared to gasoline

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million investment in 2015) in Carbon Recycling International ( CRI ), an Icelandic company which produces renewable methanol using recycled CO 2 emissions sourced from a local thermal power plant and hydrogen made by splitting water with electrolysis (Power-to-Methanol). Currently, China produces most of its methanol from coal.

Iceland 170