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Breaking: US, other G7 countries to phase out coal by early 2030s

Baua Electric

In a historic agreement, the G7 just agreed to phase out coal in the first half of the 2030s, according to statements made today. The G7 – Canada, France, Germany, Italy, Japan, the UK, and the US, plus the EU – are meeting in Turin, Italy. The problem is that whilst coal power has already been falling, gas power has not.

Coal 52
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EU Commission approves €850M French measure to support ArcelorMittal in partial decarbonization of steel production

Green Car Congress

The European Commission has approved , under EU State aid rules, a €850-million French measure to support ArcelorMittal France in partially decarbonizing its steel production processes. The combined DRP/EAF installation will substitute two of the three existing blast furnaces and two of the three basic oxygen furnaces.

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First Hualong One Gen III reactor in commercial operation

Green Car Congress

The success marks a milestone for the development of China’s nuclear power, making China the fourth country to master its indigenous Generation III nuclear power technology following the US, France and Russia. million tons of standard coal and emission of 8.16 Active and passive cooling systems of the HPR1000 (Hualong One). Xing et al.

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EGEB: Ireland to build the Atlantic’s first floating offshore wind farm

Electrek

In today’s Electrek Green Energy Brief (EGEB): Ireland’s Moneypoint coal station will become a green energy hub that includes a floating offshore wind farm. France set to ban short domestic flights. UnderstandSolar is a free service that links you to top-rated solar installers in your region for personalized solar estimates.

Ireland 141
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Renault plans Europe's largest battery storage network

Green Car Reports

Renault announced on Tuesday that it will install used (and some new) electric car batteries in three locations: two Renault factories in France, and the site of a former coal-fired power plant in.

Batteries 140
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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

Green Car Congress

The investment growth trend follows China’s strategy to build new renewable generation capacity so that it can replace its existing coal fleet. Investments in 2022 will flow into projects coming online in the next few years as the offshore wind installed base is set to grow tenfold from 53GW in 2021 to 504GW in 2035.

Financing 243
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ArcelorMittal Europe to produce “green steel” starting in 2020

Green Car Congress

By installing an electrolyzer, hydrogen can be produced and injected in large volumes into the blast furnace tuyeres. The project will reduce the volumes of coal needed in the iron ore reduction process, thereby cutting CO2 emissions. Previously, this emerging technology has only been tested at small pilot plants in Europe.

Europe 382