article thumbnail

Utility solar dethrones coal as the cheapest power source in Asia

Electrek

Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study.

Asia 145
article thumbnail

Global coal demand is expected to drop by 2026 – but not in Asia

Electrek

The International Energy Agency’s latest report forecasts a decline in global coal demand by 2026, marking a potential turning point in global energy consumption. more… The post Global coal demand is expected to drop by 2026 – but not in Asia appeared first on Electrek.

Asia 132
article thumbnail

EIA: US coal exports increased 23% between 2020 and 2021

Green Car Congress

In 2021, coal exports from the United States increased by 23% to 85 million metric short tons (MMst) from 69 MMst in 2020, according to the US Energy Information Administration (EIA). Steam coal exports increased by 47% to 40 MMst, and metallurgical coal exports increased by 8% to 45 MMst. MMst, or 77%, was steam coal).

Coal 434
article thumbnail

Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. This is significant because it marks a shift toward making renewables increasingly competitive with coal, a mainstay in APAC’s energy mix.

Asia 52
article thumbnail

Study finds methane emissions from coal mines ~50% higher than previously thought

Green Car Congress

The amount of methane released into the atmosphere as a result of coal mining is likely approximately 50% higher than previously estimated, according to research presented at the recent annual meeting of the American Geophysical Union. The authors point out that less coal production doesn’t translate to less methane.

Coal 321
article thumbnail

IEA: global electricity demand growing faster than renewables, driving strong increase in generation from coal

Green Car Congress

Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, according to a new report from the International Energy Agency.

Coal 221
article thumbnail

SAF company DG Fuels closes investments with two Japanese companies

Green Car Congress

The Louisiana SAF facility will be the template for multiple other such facilities to be built across North America, Europe and Asia. DGF replaces the coal gasification used by others with biomass gasification and natural gas reforming. This simplifies implementation and further reduces new carbon emissions created in the process.

Companies 370