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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.

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Wanxiang and GreatPoint Energy close $1.25B deal for 1 Tcf/year coal-to-natural-gas plant in Xinjiang; Sinopec to purchase output, building pipeline to east

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Overview of the Bluegas catalytic coal methanation process. billion from Wanxiang to finance and construct the first phase of a coal-to-natural gas facility that ultimately will have an annual production capacity of one trillion cubic feet (1 Tcf) (30 billion cubic meters) per year. Click to enlarge. pure methane).

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BNEF: wind and solar boost cost-competitiveness versus fossil fuels

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This year has brought a significant shift in the generating cost comparison between renewable energy and fossil fuels, according to detailed analysis by technology and region, published this week by Bloomberg New Energy Finance. In the US, coal and gas are still cheaper, at $65 per MWh, against onshore wind at $80 and PV at $107.

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

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This could be particularly detrimental to the outlook in some developing countries, where financing options and the range of investors can be more limited. The COVID-19 crisis is hurting the coal industry—with investment in coal supply set to fall by one-quarter this year—but does not pose an existential threat.

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ADB approves $499M loan to establish facility for improved air quality in greater Beijing area; includes hydrogen transport

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Cities in the greater BTH region have consistently been reported to have the highest concentration of particulate matter and other air pollutants, following decades of emissions from pollution-intensive industries in the area, as well as the region’s heavy reliance on coal for energy generation. The second ADB loan worth €458 million ($499.6

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Texas Clean Energy Project signs long-term CO2 offtake agreement with Whiting Petroleum for enhanced oil recovery; 90% CO2 capture from IGCC coal polygen plant

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The TCEP would integrate coal gasification, combined-cycle power generation, CO 2 capture, and. TCEP will begin delivering CO 2 to Whiting when the plant commences operations in late 2014 or early 2015; construction is scheduled to begin at the end of this year. urea production. CO 2 capture and shipment via pipeline shown at top.

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EPRI assesses status of 8 key power generation technologies for US; estimates of capital cost and levelized cost of electricity

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LCOE calculations are based on assumptions regarding future unit operations, operating costs, fuel prices, financing terms, and inflation. Representative Cost and Performance of Power Generation Technologies (2015). Source: EPRI. emissions capture and storage, new emissions controls regulations, and increasing capital costs.

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