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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. Coal emerges as the biggest loser in the long run.

Wind 220
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Texas Clean Energy Project signs long-term CO2 offtake agreement with Whiting Petroleum for enhanced oil recovery; 90% CO2 capture from IGCC coal polygen plant

Green Car Congress

The TCEP would integrate coal gasification, combined-cycle power generation, CO 2 capture, and. Whiting will be the first in the Permian to purchase CO 2 from a power project that will be produced through the coal-gasification process. Ultimately, some 99% of the injected CO 2 can be permanently stored (i.e. urea production.

Coal 186
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CMU study finds that HEVs and PHEVs with small battery packs offer more emissions and oil displacement benefits per dollar spent than large pack PHEVs and BEVs; policy implications

Green Car Congress

combined these externality values with data on US driving patterns from the 2009 National Household Travel Survey (NHTS) and data on manufacturing, fuel cycle, and operation emissions from Argonne National Laboratory (ANL) to estimate US lifecycle damages for each vehicle. Michalek et al. All dollar values are in year 2010 US dollars.

PHEV 186
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U Chicago, MIT study suggests ongoing use of fossil fuels absent new carbon taxes

Green Car Congress

A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. for oil, 24% for coal, and 20% for natural gas.

Chicago 150
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Opinion: Why Buffett Bet A Billion On Solar: Miles Per Acre Per Year

Green Car Congress

around 17 million in the US—China became the top market in 2009), it only requires a 4 percent growth rate to reach that target in fifteen years. Coal still supplies more power in the US than anything else, with natural gas next. By contrast, at 25 miles per $3 gallon of gasoline, those miles cost 12 cents each.

Miles 150
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US DOE Issues Request for Information on Hydrogen and Fuel Cell Market Development; Reports to Congress on Program

Green Car Congress

All comments are due by the end of 31 March 2009. Hydrogen produced by water electrolysis has the potential to be a useful means of storing excess electricity generated using wind, solar, and other intermittent renewable energy. Market development RFI. The RFI solicits any and all public comment on a number of specified topics.

Congress 150
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Practical Power Beaming Gets Real

Cars That Think

This is, after all, how all the energy stored in wood, coal, oil, and natural gas originally got here: It was transmitted 150 million kilometers through space as electromagnetic waves—sunlight—most of it millions of years ago. At the grid level, Emrod and others are attempting to scale power beaming to new heights.

Power 144