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EIA expects significant increases in US wholesale electricity prices this summer

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The US Energy Information Administration (EIA) forecasts that prices in US wholesale electricity markets this summer will significantly increase over last summer’s prices. EIA forecasts summer electricity prices will average $98/MWh in California’s CAISO market and $90/MWh in the ERCOT market in Texas. MMBtu in May 2021.

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Lux Research: cost of electrofuels remains far from viable

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The cost of electrofuels—fuels produced by catalyst-based systems for light capture, water electrolysis, and catalytic conversion of carbon dioxide and hydrogen to liquid fuels—remains far away from viable, according to a new analysis by Lux Research. Click to enlarge. Hydrogen-to-fuels. Biotech Fuels Solar'

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Ninth annual Green Innovation Index finds California light-duty vehicle emissions spike; major challenge to 2030 climate goals

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Job growth between 2006 and 2015 in California outpaced rates experienced prior to 2006, and outpaced total US employment gains by 27%. California has experienced tremendous success implementing policies that incentivize innovation in business, technology and carbon reduction. Noel Perry, businessman and founder of Next 10.

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DOE to award up to $14M to 6 new projects to advance IGCC with carbon capture technology for coal-fired plants

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The US Department of Energy (DOE) will award up to $14 million to six projects aimed at developing technologies to lower the cost of producing electricity in integrated gasification combined cycle (IGCC) power plants using carbon capture. General Electric Company. Columbia University, and ATS Rheosystems/REOLOGICA.

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DOE awarding $72M to 27 projects to develop and advance carbon capture technologies, including direct air capture

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Under this cost-shared research and development (R&D), DOE is awarding $51 million to nine new projects for coal and natural gas power and industrial sources. This work will focus on designing a carbon capture system capable of capturing 50 to 70 percent of CO 2 emissions from blast furnace gas.

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Berkeley study finds renewable portfolio standards insufficient to meet 2030 GHG emission targets; new policy required

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One possible scenario for the electricity system in the Western US in 2026-29. Under a range of resource cost scenarios, most coal power plants would be replaced by solar, wind, gas, and/or nuclear generation, with intermittent renewable sources providing at least 17% and as much as 29% of total power by 2030.

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EPA researchers suggest US electricity consumers should be willing to pay 2-4x for emission-free alternatives to fossil fuel electricity due to health impacts

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US consumers of electricity should be willing to pay, on average, $0.24–$0.45/kWh—approximately They provide figures based on state electricity profiles, national averages and fossil fuel type. When accounting for the adverse health impacts of imported electricity, the California figure increases to $0.03–$0.07/kWh.

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