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California agencies release report charting path to 100% clean electricity; need to triple grid capacity by 2045

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The California Energy Commission (CEC), California Public Utilities Commission (CPUC) and California Air Resources Board (CARB) released the first joint agency report and a summary document examining how the state’s electricity system can become carbon-free by 2045. California’s electricity mix is already more than 60% carbon-free.

Clean 170
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EU Innovation Fund grants €108M to RWE’s waste-to-hydrogen project FUREC

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For comparison: This is equivalent to the output of a 700-megawatt offshore wind farm with coupled electrolyzers. FUREC is preparing the necessary grid connections to the hydrogen and CO 2 infrastructure. The plant is expected to produce 54,000 tonnes of hydrogen per year.

Waste 448
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ICCT LCA study finds only battery and hydrogen fuel-cell EVs have potential to be very low-GHG passenger vehicle pathways

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In addition to its regional and temporal scope, this study is distinct from earlier LCA literature in four key aspects: This study considers the lifetime average carbon intensity of the fuel and electricity mixes, including biofuels and biogas. Source: The ICCT.

Hydrogen 418
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3 Oil Majors That Bet Big On Renewables

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An analysis of near-term spending plans on renewables by the biggest oil and gas companies shows that real investments in renewable energy will continue to pale in comparison to capex plans for greenfield fossil fuel projects. Equinor has announced plans to invest $10B into clean energy by 2025, mostly through its offshore wind portfolio.

Oil 418
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EPIC: state-level renewable electricity mandates increase electricity prices up to 17% over 12 years; cost more expensive than benefit

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A new study analyzing data from the 29 states and District of Columbia with mandatory RPS policies finds that the policies come at a high cost to consumers and are inefficient in reducing carbon emissions. The paper estimates that this increased renewable generation reduced the carbon intensity (i.e., —Michael Greenstone.

Renewable 207
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Geely invests in Carbon Recycling Intl.; vehicles fueled by methanol from CO2, water and renewable energy

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million in Carbon Recycling International (CRI). Geely’s CRI investment and work with renewable methanol is similar to the approach Audi is taking with its own e-fuels projects—producing very low carbon liquid or gaseous fuels using only renewable energy, water and CO 2. —Li Shufu, Chairman of Geely Group. Earlier post.).

Renewable 150
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Comprehensive LCA report from Ricardo on behalf of EC confirms environmental benefits of electrified powertrains

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The study also highlights key environmental impact hotspots for different road vehicle types, and illustrates the variability in impacts expected for different use cases local conditions in European countries, particularly due to differences in the carbon intensity of the national electricity generation mix. The electricity sources (e.g.