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IEA: global electricity demand growing faster than renewables, driving strong increase in generation from coal

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Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, according to a new report from the International Energy Agency.

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EIA: US LNG exports will fall 6% from 1H 2022 to 2H 2022 following Freeport outage

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The US Energy Information Administration (EIA) expects US liquefied natural gas (LNG) exports to average 10.5 With less LNG being exported in the second half of the year, more natural gas is likely to stay in the domestic market. For the last three quarters of 2023, EIA expects natural gas prices will average $4.36/MMBtu,

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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% The report also highlighted supply disruptions as one of the major energy events of the year. more as natural gas was diverted to Asia.

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Mitsubishi Heavy, Southern Company begin underground injection of captured CO2 from coal-fired plant; 500 metric tons per day

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MHI) and Southern Company, a major US electric utility, has begun underground injection of CO 2 recovered from emissions from a coal-fired power generation plant. The facility consists primarily of a flue-gas scrubber, flue-gas CO 2 capture/re-generation system, CO 2 compression machinery, and electrical components.

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DOE to award up to $14M to 6 new projects to advance IGCC with carbon capture technology for coal-fired plants

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The US Department of Energy (DOE) will award up to $14 million to six projects aimed at developing technologies to lower the cost of producing electricity in integrated gasification combined cycle (IGCC) power plants using carbon capture. General Electric Company. Columbia University, and ATS Rheosystems/REOLOGICA.

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The Complex Calculus of Clean Energy and Zero Emissions

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Congress has provided hundreds of billions of dollars to speed the deployment of clean-energy technologies. As legislation worked its way through Congress, Jenkins’s team provided elected officials, staffers, and stakeholders with a running tally of the possible trade-offs and payoffs in emissions, jobs, and economic growth.

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Senators Kerry and Lieberman Release Details of Energy and Climate Bill; Incentives for Electric Drive and Natural Gas Vehicles

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The American Power Act, released as a discussion draft, targets reducing greenhouse gas (GHG) emissions by at least 4.75% compared to 2005 levels by 2013; by at least 17% compared to 2005 levels by 2020; by at least 42% compared to 2005 levels by 2030; and by at least 83% compared to 2005 levels by 2050. compared to 2005 levels.).