Remove Coal Remove Global Remove International Remove Japan
article thumbnail

NYK Line, JMU and ClassNK partner to commercialize ammonia-fueled ammonia gas carrier

Green Car Congress

NYK Line, Japan Marine United Corporation (JMU), and Nippon Kaiji Kyokai (ClassNK) signed a joint R&D agreement for the commercialization of an ammonia-fueled ammonia gas carrier (AFAGC) that would use ammonia as the main fuel, in addition to an ammonia floating storage and regasification barge (A-FSRB).

Gas 459
article thumbnail

IEA: global energy demand rose by 2.3% in 2018, fastest pace in the last decade; CO2 emissions up 1.7%

Green Car Congress

last year, its fastest pace this decade, an exceptional performance driven by a robust global economy and stronger heating and cooling needs in some regions, according to the IEA. Still, that was not fast enough to meet higher electricity demand around the world that also drove up coal use. Energy demand worldwide grew by 2.3%

2018 207
article thumbnail

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%

Green Car Congress

Coal’s market share of 30.3% Global energy consumption grew by 2.5% Emerging economies accounted for all of the net growth, with OECD demand falling for the third time in the last four years, led by a sharp decline in Japan. globally, and 8.4% of global energy use, losing share for 12 consecutive years. Source: BP.

Coal 261
article thumbnail

Global geothermal industry passes 12,000 MW operational

Green Car Congress

The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). In Nevada, NV Energy is looking to replace coal plants with 300 MW of renewable energy, including geothermal.

article thumbnail

Sasol and ITOCHU to partner on green ammonia and hydrogen

Green Car Congress

South Africa-based Sasol and Japan-based ITOCHU Corporation have signed a Memorandum of Understanding (MoU) jointly to study and to develop the market and supply chain for green ammonia with a focus on its use as bunkering fuel and for power generation. Japan is expected to be a large importer of green ammonia in the future.

article thumbnail

Global CO2 emissions stalled for the third year in a row

Green Car Congress

The annual assessment of global greenhouse gas (GHG) emissions by the JRC and the Netherlands Environmental Assessment Agency (PBL) confirms that CO 2 emissions have stalled for the third year in a row. Emissions from international transport (aviation and shipping) contribute another 3% to the total global GHG emissions.

Emissions 150
article thumbnail

IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

Green Car Congress

Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. —Joseph McMonigle, secretary general, IEF.

Price 416