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Fossil Fuel Production Up in 2008 Despite Recession

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World production of fossil fuels—oil, coal, and natural gas—increased 2.9% in 2008 to reach 27.4 Although the global economic crisis has caused a temporary slump in demand, the long-term trend is clear: fossil fuel consumption in developing countries has surpassed that in industrialized countries. in 2008 to reach 7.6

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DOE, RTI to Design and Build Coal Syngas Cleanup System for IGCC Power Plants to Reduce Cost of Removing Contaminants, Capturing CO2; Potential for Synthetic Chemicals and Fuels

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The system also holds the potential to reduce the cost of producing chemicals, transportation fuels, and substitute natural gas from gasified coal. DOE and RTI will design, build, and test a warm gas cleanup system—based on RTI’s high-temperature syngas cleanup technology—to remove multiple contaminants from coal-derived syngas.

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Biosyncrude Gasification Process Could Produce Motor Fuel at Cost of Around $3/gallon

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A crude oil price of US$100/bbl results in an approximate cost of €0.56/L gallon US) without tax for conventional motor fuel. Bioliq is a three-stage process, envisioning the use of distributed fast pyrolysis (FP) plants in combination with a large centralized gasification and fuel production facility. per liter (US$2.72-5.03/gallon

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Ford to offer new diesel engine option in new Transit van; new Vehicle Emissions and Fuel Cost Calculator

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Ford says that the new Transit, which begins production in Kansas City in 2013, will achieve at least 25% better fuel economy than current E-Series vans. Ford also has developed a specialized new tool to help optimize fleet purchases based on specific fuel types and operating locations. in 2008 to 53.7% in 2008 to 53.7%

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5% Source: IRENA.

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NETL Report Concludes CTL Plus Carbon Capture Results in Fuel with 5-12% Less Lifecycle GHG Than Petroleum Diesel; Modest Biomass Additions Lower GHG Further

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These synthetic fuels are economically competitive with petro-diesel when the crude oil price (COP) is at or above $86 per barrel (based on a 20% rate of return, in January 2008 dollars, with a carbon price of zero). The study used one feedstock of each type—bituminous coal and switchgrass—to evaluate the CTL/CBTL/BTL processes.

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California Air Resources Board Pushes for Restoration of DOE Funding for Hydrogen Fuel Cell Vehicles; Tackles the Four Miracles

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California Air Resources Board Chairman Mary Nichols met with US Energy Secretary Steven Chu in May and followed up that meeting with a letter, urging the continuation of funding to support research, development and deployment of hydrogen fuel cell vehicles. Fuel cell system costs. Earlier post.). Earlier post.).

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