Remove Building Remove China Remove Coal Remove Global
article thumbnail

Haldor Topsoe and Yanchang form joint venture and build methanol catalyst facility in China

Green Car Congress

Together, the two companies will build a production facility in Shaanxi Fupin in China to produce methanol synthesis catalysts. Forming of the joint venture and building of the catalysts facility will be the first step of a long-term strategic cooperation between Topsoe and Yanchang.

China 243
article thumbnail

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

Green Car Congress

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report.

Global 344
article thumbnail

Wood Mackenzie: China thermal coal demand to double to nearly 7btpa by 2030

Green Car Congress

In a new report, energy, mining and minerals consultancy Wood Mackenzie projects that despite efforts to limit coal consumption and seek alternative fuel options, China’s strong appetite for thermal coal will lead to a doubling of demand by 2030. It is very unlikely that demand for thermal coal in China will peak before 2030.

Coal 218
article thumbnail

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

Green Car Congress

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
article thumbnail

IEA: global energy efficiency progress drops to slowest rate since start of decade

Green Car Congress

Energy efficiency has tremendous potential to boost economic growth and avoid greenhouse gas emissions, but the global rate of progress is slowing, according to a new report by the International Energy Agency. Global primary energy demand rose by 2.3% Global primary energy demand rose by 2.3% This was slower than the 1.7%

Global 150
article thumbnail

IEA finds CO2 emissions flat for third straight year even as global economy grew in 2016

Green Car Congress

Global energy-related carbon dioxide emissions were flat for a third straight year in 2016 even as the global economy grew, according to the International Energy Agency. Global emissions from the energy sector stood at 32.1 In China, emissions fell by 1% last year, as coal demand declined while the economy expanded by 6.7%.

Economy 199
article thumbnail

GE and Shenhua to Create Joint Venture for Advanced Coal Gasification and Coal Technology Solutions in China

Green Car Congress

This includes industrial coal gasification applications in China as well as jointly pursuing the deployment of commercial scale IGCC plants with carbon capture. This includes industrial coal gasification applications in China as well as jointly pursuing the deployment of commercial scale IGCC plants with carbon capture.

Coal 231