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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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The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. Coal emerges as the biggest loser in the long run. The latest BP Annual Energy Outlook found that in 2017, renewables grew strongly in 2017, with wind and solar leading the way. NEO 2018 sees $11.5

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GM secures all energy needed to achieve renewable energy goal for 2025; 25 years ahead of target set in 2016

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By achieving this accelerated goal, GM expects to avoid the production of an estimated 1 million metric tons of carbon emissions that would have been produced between 2025 and 2030, equal to the emissions produced by burning 1 billion pounds of coal. Since 2017, the portfolio has also produced over $75 million of positive cash flows.

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DOE to provide ~$1B in cost-shared funding to FutureGen; oxy-combustion of coal with carbon capture and storage

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Project is a public-private partnership formed for the purpose of developing the world’s first commercial-scale, coal-fueled oxy-combustion electric generation project integrated with carbon capture and geologic storage. The DOE-funded demonstration period will last for 56 months from the start of operations (approximately 2017) through 2022.

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DOE Regional Partnership Initiates CO2 Injection in Lignite Coal Seam

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A US Department of Energy/National Energy Technology Laboratory (NETL) team of regional partners has begun injecting CO 2 into a deep lignite coal seam in Burke County, North Dakota, to demonstrate the economic and environmental viability of geologic CO 2 storage in the US Great Plains region.

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IEA: global energy investment stabilized above $1.8T in 2018; security and sustainability concerns growing

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Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. trillion in 2018, a level similar to 2017.

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DOE advances HECA polygeneration plant with CCS through NEPA process

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The US Department of Energy (DOE) and the California Energy Commission (CEC) are working together to advance a coal-based polygeneration plant with carbon capture and storage (CCS) simultaneously through the federal National Environmental Policy Act (NEPA) review and a complementary California Energy Quality Act process.

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Cummins announces compatibility with select 100% paraffinic diesel fuels for B4.5, B6.7, L9 engines

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Paraffinic diesel fuels are liquid fuels that can be synthetically created from feedstocks such as natural gas (GTL), biomass (BTL) or coal (CTL); or through hydro-treatment of vegetable oils or animal fats (HVO). EN 15940 was approved by CEN, the European Committee for Standardization, in April 2016.

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