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Anglo American unveils prototype 2MW hydrogen-battery hybrid mine haul truck

Green Car Congress

Anglo American plc unveiled a prototype of the world’s largest hydrogen-powered mine haul truck designed to operate in everyday mining conditions at its Mogalakwena PGMs (platinum group metals) mine in South Africa. With a combination of abundant renewable energy sources (i.e. South Africa’s Hydrogen Valley.

Hydrogen 369
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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. The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. —Luiza Demôro, project manager for BloombergNEF.

Coal 243
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IEA: global energy investment stabilized above $1.8T in 2018; security and sustainability concerns growing

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Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. Whichever way you look, we are storing up risks for the future.

2018 191
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Gravity Batteries, Green Hydrogen, and a Thorium Reactor for China

Cars That Think

2021 was a big year for energy-related news, what with the ongoing hunt for new forms of energy storage and cleaner if not carbon-free electricity and events and research that spotlighted the weak links in our power grid. The pumps tap into vast stores of groundwater that lie not too far underground and cover much of sub-Saharan Africa.

Hydrogen 101
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BP Energy Outlook: 30% growth in global demand to 2035; fuel demand continues to rise, even with EVs & fuel efficiency

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Coal consumption is projected to peak in the mid-2020s, largely driven by China’s move towards cleaner, lower-carbon fuels. Renewables are projected to be the fastest growing fuel source, growing at an average rate of 7.6% per year, quadrupling over the Outlook, driven by increasing competitiveness of both solar and wind.

Global 150
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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. Renewables in total will account for about 15% of energy demand in 2040.

Energy 252
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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

Green Car Congress

The legislation would also provide new incentives for domestic oil and gas drilling, nuclear power plant construction, carbon capture and storage, and renewable energy sources like wind and solar. Ultimately, the decision of whether to invest in renewable energy will be made by investors taking a cold, hard look at economic realities.

Gas 244