article thumbnail

DOE announces up to $6M to develop clean energy products from coal and coal wastes

Green Car Congress

The US Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) has announced up to $6 million available ( DE-FOA-0002620 ) for research and development (R&D) projects that will repurpose domestic coal resources for products that can be employed in clean energy technologies such as batteries and advanced manufacturing.

Coal 231
article thumbnail

EIA expects increased US crude oil production, with continued high petroleum prices in 2022

Green Car Congress

The US Energy Information Administration (EIA) forecasts that US crude oil production will average 11.9 million barrels per day in 2023, which would surpass the record average production of 12.3 Other key findings from the May 2022 STEO forecast include: Solar and wind power will provide 11.1% in summer 2021.

Oil 344
article thumbnail

Renewables to overtake coal as largest global electricity source in 2025

Teslarati

While more effort is needed to reach that goal, one energy organization has predicted that renewables will overtake coal generation as the world’s largest electricity source in early 2025. Solar PV and wind account for 95 percent of the predicted 7,300 GW renewable expansion between 2023 and 2028. In the U.S.,

Coal 118
article thumbnail

BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. thousand in 2017.

Coal 243
article thumbnail

EIA expects annual US crude oil production to surpass pre-pandemic levels in 2023

Green Car Congress

The US Energy Information Administration (EIA) forecasts that US oil production will average 12.4 million barrels per day during 2023, surpassing the record high for domestic crude oil production set in 2019. EIA also expects OPEC to increase its crude oil production to 28.9 million barrels per day in 2021. increase from 2020.

Oil 199
article thumbnail

DOE to award $28.35M for R&D on advanced processing of rare earth elements and critical minerals from coal-based resources

Green Car Congress

The US has no domestic production for 14 CMs and is completely dependent on imports to supply its demand. Scandium and yttrium are included in the manufacture of cell phones, LED screens, solar panels, energy infrastructure, defense technologies, and other essential high-tech applications.

Coal 186
article thumbnail

Udokan Copper to cut carbon intensity of copper production up to 75% by 2035

Green Car Congress

Russia-based Udokan Copper , the developer of Russia’s largest new copper deposit, outlined scenarios to cut the carbon intensity of copper production up to 75% by 2035, bringing the company closer to its ultimate goal of climate neutrality in the long run. In 2021, Udokan Copper invested RUB 764 million (US$11.5

Carbon 273