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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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DOE to Award Up to $5M in Grants for RD on Hydrogen Production from Coal

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The US Department of Energy has issued up to a $5-million Funding Opportunity Announcement (DE-FOA-0000103) to solicit laboratory-level R&D projects to develop novel technologies for producing hydrogen from coal. Global deposits of PGMs are quite limited with the largest quantities located in South Africa and Russia.

Coal 231
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Sasol, GE develop new anaerobic microbial technology for cleaning of Fischer-Tropsch waste water; boosting gas-to-liquids (GTL) value proposition

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The new Anaerobic Membrane Bioreactor Technology (AnMBR) will be further developed at a new demonstration plant at Sasol’s R&D Campus at its Sasol One Site in Sasolburg, South Africa. Sasol currently uses aerobic microbes to treat GTL and coal-to-liquids (CTL) effluents in ORYX GTL, Qatar and Synfuels, Secunda facilities.

Waste 210
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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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A group of 10 Key Growth countries is expected to represent an increasingly significant share of the global energy market due to their rising populations and living standards. By 2040, natural gas is expected to account for more than a quarter of global energy use, surpassing coal in the overall mix. —Outlook.

Energy 252
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Sasol and UCT researchers collaborate on the use of commercial iron catalysts to convert hydrogen and CO2 into green jet fuel and chemicals

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This development is a significant step towards the implementation of CO 2 hydrogenation technology in South Africa. For decades, Sasol has been using its Fischer-Tropsch (FT) technology to convert low-grade coal and gas into synthetic fuels and chemicals.

Convert 186
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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

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The report, Projected Costs of Generating Electricity: 2015 Edition , also shows that new nuclear power plants generate electricity more cheaply than other established “baseload” sources—mainly coal- and gas-fired power plants—over the full lifetime of facilities when financing costs are relatively low.

Cost Of 150
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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

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The issue is further complicated by a slow market recovery in developed nations, but sustained growth in E7 economies which could lock economic growth into high carbon assets. Emerging markets’ previous trends on carbon emissions reductions linked to growth and productivity have stalled, and their total emissions grew by 7.4%.