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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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IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

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The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report. —Dr Birol.

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

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For FY 2014, the Hydrogen Production sub-program continued to focus on developing technologies to enable the long-term viability of hydrogen as an energy carrier for a range of applications with a focus on hydrogen from low-carbon and renewable sources. There are multiple DOE offices are engaged in R&D relevant to hydrogen production.

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US and China jointly announce GHG reduction targets; US to cut net GHG 26-28% by 2025, China to peak CO2 by ~2030

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The Administration said the United States will submit its 2025 target to the Framework Convention on Climate Change as an “Intended Nationally Determined Contribution” no later than the first quarter of 2015. launching a new track on the interaction of energy and water (the energy/water ‘nexus’).

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CMU study finds controlled EV charging can reduce generation cost, but at greater health and environmental costs depending upon the generation mix

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Results from the study also suggest that with sufficient coal plant retirement and sufficient wind power, controlled charging could result in positive net benefits instead of negative. A paper describing the work is published in the ACS journal Environmental Science & Technology. other parts of the US and the world could be different.

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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

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Global energy-related carbon dioxide emissions can be reduced by 70% by 2050 and completely phased-out by 2060 with a net positive economic outlook, according to new findings released by the International Renewable Energy Agency (IRENA) and the International Energy Agency (IEA). Click to enlarge.

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