Remove 2014 Remove Coal Remove Grid Remove Renewable
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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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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.

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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). Size of the diameter of the circle represents the size of the project.

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

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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.

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Geely invests in Carbon Recycling Intl.; vehicles fueled by methanol from CO2, water and renewable energy

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CRI, founded in 2006 in Reykjavik, Iceland, is developing technology to produce renewable methanol from clean energy and recycled CO 2 emissions. Geely is committed to achieving the long-term goal of zero emissions mobility through a diverse suite of new energy solutions, including renewable methanol vehicle technology. Earlier post.).

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EEA: large-scale roll-out of EVs will help EU shift to green transport, but may challenge power grid

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However, widespread use of such vehicles would pose challenges for Europe’s power grid in meeting increased electricity demand. The use of renewable energy in 2050 will also have an effect on the level of emissions from the power-generating sector. Assuming an 80% share of EVs in 2050. Source: EEA. Click to enlarge.

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DOE reports progress on development of low-carbon and renewable sources of hydrogen production

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The US Department of Energy (DOE) Fuel Cell Technologies Office’ (FCTO) 2014 Hydrogen and Fuel Cells Program Annual Progress Report ( earlier post )—an annual summary of results from projects funded by DOE’s Hydrogen and Fuel Cells Program—described progress in the field of hydrogen production. Source: DOE. Click to enlarge.

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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36 on 30 June to $61.60