article thumbnail

Nippon Steel to invest in Canadian coal company; steelmaking coal offtake agreement

Green Car Congress

EVR), which will be spun-off from Teck as an independent publicly-listed Canadian company and will own and operate the steelmaking coal business previously conducted by Teck. The remainder of Teck’s business will be spun-off as the independent company Teck Metals, which will focus on base metals production.

Coal 273
article thumbnail

Rhodium Group estimates US GHG fell 2.1% in 2019, driven by coal decline

Green Car Congress

This decline was due almost entirely to a drop in coal consumption. Coal-fired power generation fell by a record 18% year-on-year to its lowest level since 1975. An increase in natural gas generation offset some of the climate gains from this coal decline, but overall power sector emissions still decreased by almost 10%.

Coal 370
article thumbnail

US Renewable energy sources surpass coal generation

Teslarati

Energy Information Administration (EIA) revealed that the United States generated more electricity from renewable energy sources than coal last year. electric power demand through 2050 in all cases,” noted the EIA. Meanwhile, natural gas, coal, and nuclear generation shares have declined.

Coal 132
article thumbnail

Converting Coal Power Plants to Nuclear Gains Steam

Cars That Think

On a planet aspiring to become carbon neutral, the once-stalwart coal power plant is an emerging anachronism. It is true that, in much of the developing world, coal-fired capacity continues to grow. But in every corner of the globe, political and financial pressures are mounting to bury coal in the past.

Coal 145
article thumbnail

DOE awarding $6.5M to 9 large-scale Phase I pilot coal projects

Green Car Congress

This FOA, issued in August 2017, is a $50-million funding opportunity for projects supporting cost-shared research and development to design, construct, and operate two large-scale pilots to demonstrate transformational coal technologies. General Electric. Organization. Description. Babcock & Wilcox Company. University of Illinois.

Coal 262
article thumbnail

Northvolt to build third gigafactory in Germany

Green Car Congress

With an annual potential production capacity of 60 GWh, Northvolt Drei will deliver a supply of sustainably produced lithium-ion batteries to the European market, sufficient for some one million electric vehicles. The new gigafactory increases Northvolt’s pipeline of battery manufacturing capacity under development to more than 170 GWh.

Germany 250
article thumbnail

Australian Coal Baron Backing the Next Winners (EV Startups), or “Follow the Money”

CleanTechnica EVs

Trevor St Baker is one of the smart billionaires in Australia who is investing serious money in the transportation sector to promote the changeover to EVs despite his history and vocal support for coal-fired power stations. He is a coal baron who drives a Tesla Model 3, and he is building an EV ecosystem. After […].

Coal 145