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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 Mt in 2018. Mt in 2018.

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US shift toward wind and solar will cut coal, make EVs cleaner

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Increased use of renewable energy will help reduce electricity generation from coal and natural gas power plants, according to the U.S. The EIA forecasts that wind and solar will together account for 16% of total electricity generation in 2023, up from 14% in 2022 and 8% in 2018.

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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. —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

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EIA STEO projects higher US crude production, increases in travel and gasoline demand

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million b/d in 2018. That level is higher than originally forecast, exceeding the previous record level of 9.6 For summer 2017, EIA forecasts motor gasoline consumption to average 9.5 For summer 2017, EIA forecasts motor gasoline consumption to average 9.5 Highway travel is forecast to be 1.4% gal last summer.

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Roskill: graphite prices could push higher on tightening markets for batteries & electrodes

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Despite some fallback during the winter months, prices remained above US$15,600/t through February and March 2018. Outokumpu reported in its interim report for Q1 2018 that high graphite electrode costs were still having a negative impact on steelmaking profits in Europe.

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UCSD study: under current policies, home energy storage would often increase carbon emissions

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The researchers selected 16 of the largest utilities companies in the country and dug into their tariff structure, carrying out the first systematic analysis of how much utility companies charge residential customers to forecast the economic and environmental impact of these systems, if they were to be widely deployed across the country.

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3 Oil Majors That Bet Big On Renewables

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Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. Yet, its natural gas output will still comprise 85% of its total production by the end of the forecast period. Eni has announced plans to cut down its greenhouse gas emissions by 80% over the next three decades.

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