Remove Affordable Remove Carbon Remove Coal Remove Industry
article thumbnail

BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Steel production could be made with almost no carbon emissions through $278 billion of extra investment by 2050, according to a new report from research firm BloombergNEF (BNEF). Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries.

Hydrogen 221
article thumbnail

Steelmaker ArcelorMittal Europe targets 30% cut in carbon emissions by 30% by 2030

Green Car Congress

The target for ArcelorMittal Europe – Flat Products is in line with an ambition announced in May to be carbon neutral in Europe by 2050. Fossil fuel carbon capture and storage, where the current method of steel production is maintained but the carbon is then captured and stored or re-used rather than emitted into the atmosphere.

Carbon 195
article thumbnail

IEA: time to tap into hydrogen’s potential to play a key role in a clean, secure and affordable energy future

Green Car Congress

In a major new report on hydrogen, the International Energy Agency says that the time is right to tap into hydrogen’s potential to play a key role in a clean, secure and affordable energy future. A wide variety of fuels are able to produce hydrogen, including renewables, nuclear, natural gas, coal and oil.

Clean 255
article thumbnail

RWE and ArcelorMittal intend to build and operate offshore wind farms and hydrogen facilities for low-emissions steelmaking

Green Car Congress

The partnership centers on driving forward the production of carbon-neutral steel, with a plan to replace coal with wind power and green hydrogen as the main source of energy in steel production at ArcelorMittal’s steelmaking sites in Germany. —Sven Utermöhlen, CEO Offshore Wind, RWE Renewables.

Wind 195
article thumbnail

DOE awards $2.4M to 3 projects for next-generation grid energy storage

Green Car Congress

The US Department of Energy’s Office of Fossil Energy and Carbon Management (FECM) recently awarded $2.4 million in funding for three projects to advance novel thermal and hydrogen energy storage technologies toward increased duration, reliability and affordability. WE New Energy Inc.

article thumbnail

Obama Announces Steps to Boost Biofuels, Clean Coal; RFS2, BCAP, BIWG and Carbon Capture and Storage Task Force

Green Car Congress

That report, authored by group co-chairs, Agriculture and Energy Secretaries Vilsack and Chu, and EPA Administrator Jackson, lays out a strategy to advance the development and commercialization of a sustainable biofuels industry to meet or exceed the nation’s biofuels targets. President Obama. Renewable Fuels Standard (RFS2).

Obama 218
article thumbnail

DOE selects 9 universities for about $2.7M in advanced coal technologies research awards

Green Car Congress

The US Department of Energy (DOE) has selected nine universities for awards for research projects that will continue to support innovation and development of advanced, lower emission coal technologies. The projects selected for awards include: Improved Alloys. DOE Share: $293,519). Brown University. DOE Share: $300,000). DOE Share: $300,000).

Coal 250