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Feasibility study concludes Arckaringa coal-to-methanol project could be viable addition to CTL

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A Technical Feasibility Study (TFS) for a coal-to-methanol (CTM) plant based on the Arckaringa coal resources in Australia has concluded that CTM could be a viable project capable of augmenting the Bankable Feasibility Study (BFS) for Altona Energy’s Arckaringa Clean Energy CTL (coal-to-liquids) and Power Project in South Australia.

Coal 186
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Asian Development Bank providing $300M towards replacing 100K gasoline trikes with E-Trikes in the Philippines; $300M for major road upgrades in Chhattisgarh, India

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The Asian Development Bank (ADB) is providing $300 million towards a project that will replace 100,000 gasoline-burning tricycles in the Philippines with electric tricycles, or E-Trikes. —Juan Miranda, Director General of ADB’s South Asia Department.

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BASF co-locates battery materials plant and recycling center in Schwarzheide

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In order to meet growing customer demand for the European electric vehicle market, BASF is already preparing additional investments for cathode active materials in Europe and is in advanced negotiations with customers. This underlines BASF’s commitment to establishing a robust, localized battery value chain in Europe.

Battery 195
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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% Coal was again the fastest growing fossil fuel with predictable consequences for carbon emissions; it now accounts for 30.3% globally, and 8.4%

Coal 261
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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. Half of that increase will come from the Asia Pacific region, led by China.

Energy 252
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MIT and IEA reports take different views of the future of natural gas in transportation

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Because of the lower carbon/hydrogen ratio of methane (CH 4 ) relative to gasoline, CO 2 emissions from the combustion of natural gas are approximately 75% of those of gasoline for a given amount of energy production. emissions are reduced by around 25% relative to the use of gasoline for the same engine efficiency. Source: MIT.

MIT 299
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ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

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The growth reflects an expected 90% increase in electricity use, led by developing countries where 1.3 billion people are currently without access to electricity. Over the same period, electric and plug-in vehicles are expected to grow to about 70 million cars, or less than 5 percent of the total fleet. Transportation.

Oil-Sands 309