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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36 on 30 June to $61.60

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Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

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New research led by Mohammad Masnadi, assistant professor of chemical and petroleum engineering at the University of Pittsburgh Swanson School of Engineering, offers a closer look at the relationship between decreasing demand for oil and a resilient, varied oil market—and the carbon footprint associated with both.

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CSIRO and partners to test Direct Injection Carbon Engine to reduce brown coal emissions by up to 50%

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DICE involves converting coal or biomass into a water-based slurry (called micronised refined carbon, MRC) that is directly injected into a large, specially adapted diesel engine. The fuel burns to produce intense temperature and pressure in the engine, which provides highly efficient power to turn electrical generators.

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2019 NTEA Fleet Purchasing Outlook reveals continued strong demand for biodiesel in diesel trucks

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The 2019 NTEA Fleet Purchasing Outlook showed that the majority of fleet survey respondents—76%—anticipate maintaining or increasing use of diesel engine-powered trucks in their fleets, and more than 33% of survey respondents acknowledged currently operating alternative fueled trucks in their fleets.

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Hyundai Heavy begins exporting LNG engine

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Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder and a leading marine engine manufacturer, has begun exporting the gas engine Hyundai HiMSEN H35/40GV after completing test runs. The new gas engine runs on liquefied natural gas rather than heavy crude oil and has a maximum power output of 13,000 bhp (9,694 kW).

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GE and Sargas AS partner on gas-fired plants with carbon capture for enhanced oil recovery

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GE has concluded a commercial alliance agreement with Norway-based Sargas AS to provide a gas turbine for one of the world’s first gas-fired plants with integrated carbon capture for enhanced oil recovery (EOR). Traditionally, carbon capture for gas-fired turbine plants relied on government subsidies and advanced technology research.

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Purdue analysis finds H2Bioil biofuel could be cost-competitive when crude is between $99–$116/barrel

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Resulting gases are passed over catalysts, causing reactions that separate oxygen from carbon molecules, making the carbon molecules high in energy content, similar to gasoline molecules. Three different carbon tax scenarios are analyzed: no carbon tax, $55/metric ton carbon tax and $110/metric ton carbon tax.