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. The product can also be cracked back to hydrogen gas for further applications.

article thumbnail

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

Green Car Congress

While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). thousand terawatt-hours in 2018, up from 6.4 thousand in 2017.

Coal 243
article thumbnail

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

EV Central

Even as it considers launching Australia’s cheapest battery electric vehicle, Mitsubishi Australia is warning a slow roll-out of renewable energy will impact the uptake of EVs in Australia. The federal government target is to have 82 per cent of Australia running on renewable energy by 2030.

article thumbnail

ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

This geographically diverse group comprises Brazil and Mexico in the Americas; South Africa and Nigeria in Africa; Egypt and Turkey in North Africa/Mediterranean; Saudi Arabia and Iran in the Middle East; as well as Thailand and Indonesia in Asia. Renewables in total will account for about 15% of energy demand in 2040.

Energy 252
article thumbnail

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

Green Car Congress

The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. This data set contains a marked shift in favor of renewables compared to the prior reports, indicating an increased interest in low-carbon technologies on the part of the participating governments.

Cost Of 150
article thumbnail

PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

Green Car Congress

Examining the role of shale gas, PwC’s report suggests that at current rates of consumption, replacing 10% of global oil and coal consumption with gas could deliver emissions savings of around 3% a year (1gt CO 2 e per annum). Other G20 (Australia, Korea, EU, South Africa, Saudi Arabia, Argentina).

article thumbnail

SwRI, UTSA seek to combine reverse water-gas shift and Fischer Tropsch synthesis in single reactor to produce low-carbon hydrocarbon fuels

Green Car Congress

We’re facing a lack of renewable fuels and the technology to deliver cleaner power generation. Seuser and Jacobs propose using a process called carbon dioxide hydrogenation to produce cleaner renewable liquid hydrocarbon fuels for transportation.

Water 186