Remove 2014 Remove 2018 Remove Coal Remove Supplies
article thumbnail

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

Green Car Congress

The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. —Seb Henbest, head of Europe, Middle East and Africa for BNEF and lead author of NEO 2018. NEO 2018 sees $11.5 trillion being invested globally in new power generation capacity between 2018 and 2050, with $8.4

Wind 220
article thumbnail

Panda Power finances conversion of retired coal plant to natural gas; one of largest power conversion projects in US

Green Car Congress

Panda Power Funds has financed the 1,124 megawatt Panda “Hummel Station” power plant—one of the largest coal-to-natural gas power conversion projects in the United States. The plant will be located at the site of the retired Sunbury coal-fired power plant near Shamokin Dam in Snyder County, Pennsylvania. and Bechtel Power Corp.

Coal 150
article thumbnail

Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. A proposal for existing plants is due in 2014, with targeted file rule in 2015.

Obama 249
article thumbnail

New phase of globalization could undermine efforts to reduce CO2 emissions

Green Car Congress

The study, involving researchers from the University of East Anglia (UEA) and colleagues in China and the United States, investigated how complex supply chains are distributing energy-intensive industries and their CO 2 emissions throughout the global South. trillion) in 2014. The paper is published in Nature Communications.

Global 170
article thumbnail

The $32-Trillion Push To Disrupt The Entire Oil Industry

Green Car Congress

And it has become clear that not only oil and gas giants are being targeted, after one of the world’s largest mining and commodity trading companies, Glencore, decided to put a limit on its thermal coal investment. Supply risks will increase if IOCs see their influence in the hydrocarbon sector diminish. Link to article: [link].

Oil 231
article thumbnail

EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

Green Car Congress

Reflecting slow growth in travel and accelerated vehicle efficiency improvements, US light-duty vehicle (LDV, cars and light trucks) energy use will decline sharply between 2012 and 2040, according to the US Energy Information Administration’s (EIA’s) Annual Energy Outlook 2014 (AEO2014) Reference case released today.

Oil 290
article thumbnail

Opinion: Why Lithium Will See Another Price Spike This Fall

Green Car Congress

Price doubling from 2014/2015 was first seen in China and is now being felt worldwide, with lithium hydroxide prices from $16-20 and carbonate prices from $12-14 thousand USD per ton. Since 2014, when Tesla first announced the Gigafactory with Panasonic, other manufacturers have begun to take notice and take action. Automotive Thrust.

Price 150