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This decline was due almost entirely to a drop in coal consumption. Coal-fired power generation fell by a record 18% year-on-year to its lowest level since 1975. An increase in natural gas generation offset some of the climate gains from this coal decline, but overall power sector emissions still decreased by almost 10%.
During the late innings of the ICE-age (as in the Internal Combustion Engine age) it has become clear that feeding gasoline and diesel to the next billion new cars is not going to be easy, or cheap. Coal still supplies more power in the US than anything else, with natural gas next. The arithmetic is pretty simple. Click to enlarge.
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. trillion of that going to wind and solar and a further $1.5
Although not electrofuels in the strict sense, these are best bets at cost parity, in which using conventional natural gas and coal-generated electricity and making hydrogen from natural gas makes fuels cost competitive at just over $90 per barrel of oil equivalent, according to Lux. Biotech Fuels Solar' Hydrogen-to-fuels.
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). MMBtu) in 2050. Abatement cost with hydrogen at $1/kg (7.4/MMBtu).
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 electrical grid also supports the efficient distribution of power and makes use of energy generated through renewable means like wind and solar.
A team led by Professor Jae Sung Lee at Ulsan National Institute of Science and Technology (UNIST), with colleagues at Pohang University of Science and Technology (POSTECH), have developed a new pathway for the direct conversion of CO 2 to liquid transportation fuels by reaction with renewable hydrogen produced by solar water splitting.
Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. This is significant because it marks a shift toward making renewables increasingly competitive with coal, a mainstay in APAC’s energy mix.
We really don’t need more cheap gas cars. Largely dependent on domestic coal, cities are smothered in smog. Factories, including a solar panel plant I know of, have had to curtail production because coal can’t be shipped fast enough to supply electricity generation plants. But it is an anomaly.
Photo: Arevon Arevon Energy has kicked off operations at Vikings Solar-plus-Storage – one of the US’s first utility-scale solar peaker plants. The $529 million project in Imperial County, California, near Holtville, features 157 megawatts of solar power paired with 150 megawatts/600 megawatt hours of battery storage.
Photo: CGTN Global solar installations are set to beat most industry forecasts, with 593 gigawatts (GW) expected to be added by the end of 2024, according to a new report by energy think tank Ember. Strong growth in established markets is combining with rapid acceleration elsewhere to make solar additions higher than ever before.
Cheap gas prices and a strong economy are creating increased goods movement and prompting Californians to drive more. The decade-long nationwide slide in emissions from power production reflects the electric power sector shifting away from coal and toward less carbon-intensive fuels. from the year before, with solar jumping 40.3%
The continent was mostly powered by locally mined coal until the 1950s, when imports of cheap Middle Eastern oil started transforming the energy picture. produced fuels was further reduced by an accelerated shift away from coal, which in 2020 was down to 11 percent of primary supply, from 18 percent in 2000. Consumption of E.U.-produced
Anticipated demand from the auto industry—as well as solar-panel manufacturing and data centers—is leading utilities to forecast single-digit percentage growth every year through the end of the decade in some regions, according to report.
The Next ‘Better Place’ Is Australia New Subsidies for Electric Cars in Britain Tesla Motors to Build Battery Packs for Other Car Makers Previous post Group Says European Cap-and-Trade System Reduced Emissions Next post Cutting Costs With Solar Walls From 1 to 25 of 29 Comments 1 2 Next » 1. but not all of it.
Given the cost of oil and the economic, geopolitical and ecological effects of our continued reliance on petroleum, electric transportation will be cheap. by: Jonathan Read, President and CEO, ECOtality June 24, 2008 ECOtality CEO Jonathan Read. Electricity costs are relatively inexpensive.
by Steven Pleging, CEO/President of Quantum Solar Power Corp. 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.
AB 920 + AB 811 = Solar Powered Electric Cars & PV Powered Charging Stations. What I’m seeing plain-as-day right now is the simple and obvious solar solution to all of California’s budget and growth problems. And solar in particular I know he’s interested in. AB 811 is already law and here in L.A.
Cap-and-trade was first tried on a significant scale twenty years ago under the first Bush administration as a way to address the problem of airborne sulfur dioxide pollution–widely known as acid rain–from coal-burning power plants in the eastern United States. Cheap debt issuance alone, even if backed by the full faith and credit of the U.S.
Solar also generates a good share of the power generated when the sun shines. We have closed most of the coal plants and several the aging nuclear plants are moving offline as they close for repair of reach end of life. Why, simple the US embraced Fracking to produce bountifully supplies of cheap gas. Nuclear 15%. Biomass 5%.
Everybody knew then that renewables were unreliable: that wind power fully works less than one-third of the time, and that solar power is unavailable at night (of course) and less efficient on cloudy winter days. Presumably because the only forms of energy that ministers and civil servants respect are wind and solar.
Auerbach adds that due to economies of scale and over capacity in the industry “ wind energy should have a 20% reduction in equipment costs within the next year ” and he has seen realistic projections of “ solar, with a 10% tax credit, being competitive with baseline generation in 2020 ”. Cap and Trade Disappointment.
Furthermore, changing the battery pack on say a Toyota Prius often costs a fortune, at least in most European countries, so such cars better be VERY cheap, but they’re not. Even if you charge your EV with electricity made from coal fired generators you reduce your car’s pollution by half.
They think BYD has a shot at becoming the worlds largest automaker, primarily by selling electric cars, as well as a leader in the fast-growing solar power industry. His engineers investigate a wide array of technologies, from automobile air-conditioning systems that can run on batteries to the design of solar-powered streetlights.
The energy stored within hydrogen has been imparted from electrical energy through the electrolytic hydrogen production process or more likely in the refinement of fossil fuels such as coal seam (methane) gas – both are energy intensive processes in themselves. . The reasons are numerous. .
As if that were not enough, I’m hearing now that BYD is on the verge of a breakthrough in the solar power business and that the company has big plans to make rechargeable batteries at a utility scale to store energy from intermittent, renewable sources like wind and solar.
Foster’s trying to get those ships to switch from their ultra cheap and dirty “Bunker fuel&# to distillate fuel. Tags: Environmental Politics Killer Coal News Media Saving Energy Sustainability Yes We Can! The dirty trucks and dirty ships each account for 50% of the pollution at the ports.
Solar, Wind and Biofuels Grew 53 Percent in 2008 Green Education = Environmental Religion? Renewables That Even Coal-Based Utilities Can Love. Individuals and businesses lose months and connect fees when they add solar and other forms of renewable energy to the grid. Its better solar transfer/storage than a battery.
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