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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Another 45% could come from recycled material, and the rest from a combination of older, coal-fired plants fitted with carbon capture systems and innovative processes using electricity to refine iron ore into iron and steel. Retrofit or close any remaining coal-fired capacity by 2050.

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Mitsubishi wants to launch Australia’s cheapest electric car, but there’s a very expensive reason it might not

EV Central

Because if all we do is flood the market with BEVs – and New South Wales still has 75 per cent of its power generated by coal – all we have done is shift the emissions from the tailpipe to the power station.” 2024 Mitsubishi Triton. The federal government target is to have 82 per cent of Australia running on renewable energy by 2030.

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The War in Ukraine Disrupts Trade in Both Food and Fuel

Cars That Think

Russia ranks second in the extraction of both crude oil (behind the United States and ahead of Saudi Arabia) and natural gas (behind the United States and ahead of Iran), and it is the sixth-largest producer of coal (behind Australia and ahead of South Africa). share in 2020, by contrast, was about 9 percent.

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China Moving Ahead with Shenhua CTL Project; NuCoal in Canada Focusing on CTL Gasoline Project

Green Car Congress

Project developers in both China and Canada are moving forward with new coal-to-liquid (CTL) fuel facilities, according to the Coal-to-Liquids Coalition (CTLC). The plant will be jointly developed with South Africa-based Sasol, the world’s largest CTL company. Earlier post.)

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Celanese sees new TCX ethanol process as key component in future growth; a paradigm shift in ethanol production

Green Car Congress

TCX is the company’s new proprietary technology for ethanol production that builds on its acetyl platform and integrates new technologies to produce ethanol using basic hydrocarbon feedstocks—natural gas, coal and pet coke now, with biomass and waste planned for the future. Earlier post.). Source: Celanese. Click to enlarge.

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

Green Car Congress

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.

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We Need More Than Just Electric Vehicles

Cars That Think

Manufacturing an EV battery using coal-based electricity results in more than three times the greenhouse-gas emissions of manufacturing a battery with electricity from renewable sources. 70 percent of lithium-ion batteries are produced in China, which derived 64 percent of its electricity from coal in 2020.