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DOE to award $32M for FEED studies for production of rare earths and critical minerals and materials from coal

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Coal and coal production waste contain a wide variety of valuable rare earth elements that can be converted into clean energy technology components. The US currently has more than 250 billion tons of coal reserves, more than 4 billion tons of waste coal, and about 2 billion tons of coal ash at various sites across the country.

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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

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Steel production could be made with almost no carbon emissions through $278 billion of extra investment by 2050, according to a new report from research firm BloombergNEF (BNEF). The next ten years could see a massive expansion of steel capacity to meet demand in growing economies, such as India.

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

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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.

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BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

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The falling cost of making hydrogen from wind and solar power offers a promising route to cutting emissions in some of the most fossil-fuel-dependent sectors of the economy, such as steel, heavy-duty vehicles, shipping and cement, according to a new report from BloombergNEF (BNEF). Summary of the economics of a hydrogen economy.

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Hydro-Québec will support the clean hydrogen sector in Québec

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Decarbonizing the economy to reduce greenhouse gas (GHG) emissions is one of the company’s priorities. Hydro-Québec’s Strategic Plan 2020–2024 outlines five applications for clean hydrogen: Ammonia and methanol production. Carbon-netural synthetic hydrocarbon fuels. Heating buildings. Road and trail transportation.

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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The pandemic has created disruption in the global energy sector, but low gas prices will ultimately stimulate demand growth as the economy recovers. Low-carbon gas.

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DOE awards $19M to 13 initiatives in fossil-fuel areas to produce rare earth elements and critical minerals

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The US Department of Energy (DOE) awarded $19 million for 13 projects in traditionally fossil-fuel-producing communities across the country to support production of rare earth elements and critical minerals essential to the manufacturing of batteries, magnets, and other components important to the clean energy economy.