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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. thousand terawatt-hours in 2018, up from 6.4

Coal 243
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GlobalData: hydrogen to become game changer as large-scale source of cleaner power

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Hydrogen has the ability to assist in variable power output from renewable energy sources such as solar PV and wind. The availability of these sources is not always commensurate with demand for power. Currently, in the power industry, hydrogen accounts for less than 0.2% However, this could change in the near future.

Hydrogen 199
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CMU study finds that coal retirement is needed for EVs to reduce air pollution

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Electric vehicles charged in coal-heavy regions can create more human health and environmental damages from life cycle air emissions than gasoline vehicles, according to a new consequential life cycle analysis by researchers from Carnegie Mellon University. That’s why the shift away from coal is so important for EVs. Jeremy Michalek.

Coal 150
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IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

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The World Energy Investment 2020 report’s assessment of trends so far this year is based on the latest available investment data and announcements by governments and companies as of mid-May, tracking of progress on individual projects, interviews with leading industry figures and investors, and the most recent analysis from across the IEA.

Global 344
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Ignite Energy Resources and TRUenergy Plan Direct Coal-to-Liquids and Coal Drying Demo Project for Supercritical Water Technology

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Ignite Energy Resources (IER), developer of a supercritical water technology, and TRUenergy have entered into a Memorandum of Understanding (MoU) to develop a commercial demonstration plant that will apply IER’s direct coal-to-oil and upgraded dry coal process to the brown coal at TRUenergy’s Yallourn mine in Australia.

Coal 150
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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

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In terms of investment in innovation for cleaner energy, the plan calls for: Investment in advanced fossil energy projects. In addition, the President has directed his Administration to purchase cleaner alternatives to HFCs whenever feasible and transition over time to equipment that uses safer and more sustainable alternatives.

Obama 249
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Secretary Moniz dedicates new supercomputer at NETL to support fossil energy research

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It provides the new computer with one of the lowest power utilization efficiency (PUE) infrastructures available, at times using only 1% of total electrical consumption to cool the equipment. In his remarks at NETL, Secretary Moniz said: In the last four years, we’ve more than doubled renewable energy generation from wind and solar power.

Energy 170