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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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Low-carbon gas. In the longer term, there are major opportunities to scale up the use of low-carbon gas technologies, but these depend on substantial policy action and infrastructure investment in the coming years. Potential magnitude of resource and landed cost of hydrogen in Germany, 2050. —Snam CEO Marco Alverà.

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BNEF: wind and solar boost cost-competitiveness versus fossil fuels

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This year has brought a significant shift in the generating cost comparison between renewable energy and fossil fuels, according to detailed analysis by technology and region, published this week by Bloomberg New Energy Finance. —Seb Henbest, head of Europe, Middle East and Africa at BNEF.

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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 arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. trillion of that going to wind and solar and a further $1.5

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Skeleton Technologies joins Flying Whales program to develop next generation of heavy-lift, large-capacity airships

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The helium-filled, rigid-structure airship will be capable of winching to pick up and unload cargo while hovering, at a fraction of the cost of a heavy-lift helicopter, and for much heavier loads. Without the need to make conventional takeoffs and landings, energy consumption via its hybrid electric propulsion system will be low.

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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This geographically diverse group comprises Brazil and Mexico in the Americas; South Africa and Nigeria in Africa; Egypt and Turkey in North Africa/Mediterranean; Saudi Arabia and Iran in the Middle East; as well as Thailand and Indonesia in Asia. The OECD represents the developed economies.

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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

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2010 and 2015 LCOE ranges for solar and wind technologies. The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. Bottom: LCOE ranges for solar PV and wind technologies at three discount rates. Source: IEA/NEA. Click to enlarge. Source: IEA/NEA.

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Perspective: The Role of Offsets in Climate Change Legislation

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If a cap-and-trade program includes offsets, regulated entities have the opportunity to purchase the “emission credits” generated by carbon offset projects to help them meet their compliance obligations. In this way, offsets would complement the more traditional emissions trading that can occur between two covered sources.