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

Green Car Congress

Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. The steel industry cannot afford to wait for the 2040s to start its transition.

Hydrogen 221
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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. Coal emerges as the biggest loser in the long run. NEO 2018 sees $11.5

Wind 220
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BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

Green Car Congress

Hydrogen Economy Outlook , a new and independent global study from research firm BloombergNEF (BNEF), finds that clean hydrogen could be deployed in the decades to come to cut up to 34% of global greenhouse gas emissions from fossil fuels and industry at a manageable cost. Abatement cost with hydrogen at $1/kg (7.4/MMBtu).

Hydrogen 221
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Perspective: Despite Solyndra’s death, the future of solar energy is sunny

Green Car Congress

I believe that the loss of industry players Solyndra, Evergreen, and SpectraWatt opens the market for more innovative solar companies to succeed with smarter tactics and mainstream products that fit into existing manufacturing models. kWh average cost of electricity in the United States and globally.

Solar 246
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Heating Buildings With Solar Energy Stored in Sand

Cars That Think

When we turn up the heat in our homes and workplaces, we must balance our personal need for warmth with the global impact of burning fossil fuels like oil, gas, coal, and biomass. The novel system shows potential for tackling global problems in a patient, thoughtful, and human-scaled way. There is nothing special here!”

Store 84
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Mad Power thoughts

EV Info

Coal – the cheapest option and the only energy source with low-cost storage in the shape of a big heap of the stuff – was ruled out as too carbon-rich, even though countries such as China are currently building scores of new coal-fired plants. Gas is the only answer. So that leaves gas with the task of keeping the lights on.

Power 52
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U.N. Kills Any Plans to Use Mercury as a Rocket Propellant

Cars That Think

So it required a global treaty.” Mercury is otherwise found as a by-product of other processes, such as the burning of coal. Four industry insiders ultimately confirmed that Apollo Fusion was building thrusters that utilized mercury propellant. And it’s cheap—there’s not a lot of competition with anyone looking to buy mercury.

Mercury 101