article thumbnail

SK E&S, SK Plug Hyverse partner with Korea South-East Power for green hydrogen & green ammonia production

Green Car Congress

SK E&S signed a memorandum of understanding (MOU) with SK Plug Hyverse and KOEN regarding cooperation for carbon neutrality and the production of green hydrogen and green ammonia which will be consumed for co-firing at KOEN’s natural gas and coal based thermal power plants, by using electrolyzers to be produced in Korea by SK Plug Hyverse.

Green 284
article thumbnail

BNEF: cost of new renewables rises as inflation starts to bite

Green Car Congress

The cheapest renewable power projects in the first half of 2022 were able to achieve an LCOE of $19/MWh, as in best-in-class onshore wind farms in Brazil, and $21/MWh for tracking PV farms in Chile, and $57/MWh for offshore wind in Denmark. Low-carbon technologies may be insulated from an economic downturn, but they are not isolated.

Cost Of 210
article thumbnail

Calor introduces Neste BioLPG to the UK market; targeting fully renewable by 2040

Green Car Congress

BioLPG is Calor’s first renewable product offering that sees the company commit to reducing its carbon footprint and to become fully renewable by 2040. LPG, typically used for heating off the gas grid, transport and industrial applications, is already a flexible, low-carbon fuel compared to other fossil fuels.

Renewable 170
article thumbnail

Global CO2 emissions stalled for the third year in a row

Green Car Congress

The report provides updated results on the continuous monitoring of the three main greenhouse gases: carbon dioxide (CO 2 ), methane (CH 4 ) and nitrous oxide (N 2 O). CH 4 is mainly generated by agricultural activities, the production of coal and gas, as well as waste treatment and disposal. Other greenhouse gases keep creeping up.

Emissions 150
article thumbnail

Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

Green Car Congress

In addition, despite the rigorous development of renewables, carbon dioxide emissions are increasing, because the energy mix increasingly includes coal-fired power plants that emit large quantities of CO 2 to compensate for weather-related fluctuations in power generation from renewables and the closing of nuclear plants.

Germany 239
article thumbnail

Wind-to-Hydrogen Tech Goes to Sea

Cars That Think

Many countries have met their climate goals and are on track to be completely carbon neutral. Chemical plants on dedicated platforms then process part of the hydrogen, combining it with nitrogen to make ammonia, or with carbon dioxide to produce substitutes for fossil fuels. Wind and solar parks produce a large portion of their energy.

Wind 89
article thumbnail

Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

Green Car Congress

The report, Projected Costs of Generating Electricity: 2015 Edition , also shows that new nuclear power plants generate electricity more cheaply than other established “baseload” sources—mainly coal- and gas-fired power plants—over the full lifetime of facilities when financing costs are relatively low.

Cost Of 150