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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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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. thousand in 2017.

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GlobalData: Global coal production set to grow to 2022, despite major players scaling down capacities

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Although Germany, the UK, US, Canada and Ukraine are phasing out domestic coal production capacity, expansion of production capacity in countries such as India and Indonesia is predicted to generate modest annual growth of 1.3% in coal production over the next four years, with output reaching 7.6 to 7,188.8 to 7,194.1 Mt in 2018.

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Air Products to acquire Shell’s coal gasification technology business and patent portfolio for liquids (residue) gasification; coal-to-fuels in China

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Air Products will acquire Royal Dutch Shell’s Coal Gasification Technology business as well as Shell’s patent portfolio for Liquids (Residue) Gasification. As a leading industrial gas company, Air Products has extended its onsite supply model to use coal gasification to generate synthesis gas (syngas) for major projects.

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Air Products to provide hydrogen fueling equipment to China Energy Investment Group’s first hydrogen fueling station in China

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New Energy), a subsidiary of China’s energy conglomerate China Energy Investment Group Co., China Energy), to provide two hydrogen dispensers to China Energy’s first commercial hydrogen fueling station project in Rugao City of Jiangsu Province, eastern China.

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EIA: India’s steel industry dominated by electric-based processes; intensive coal use for DRI

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India is the third-largest steel producer in the world after China and Japan, having surpassed other large steel-making countries such as the United States, Russia, and South Korea over the previous decade, according to the World Steel Association. coal-based rotary kiln furnaces (mainly in India), accounting for 17.5%

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First Hualong One Gen III reactor in commercial operation

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Unit 5 of China’s Fuqing Nuclear Power Plant, the first project to adopt China’s indigenous Generation III nuclear power technology Hualong One (HPR 1000), has been put into commercial operation, China National Nuclear Corporation (CNNC) announced. million tons of standard coal and emission of 8.16

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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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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. The latest BP Annual Energy Outlook found that in 2017, renewables grew strongly in 2017, with wind and solar leading the way. NEO 2018 sees $11.5

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