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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

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.

Asia 52
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Wood Mackenzie: China thermal coal demand to double to nearly 7btpa by 2030

Green Car Congress

In a new report, energy, mining and minerals consultancy Wood Mackenzie projects that despite efforts to limit coal consumption and seek alternative fuel options, China’s strong appetite for thermal coal will lead to a doubling of demand by 2030. It is very unlikely that demand for thermal coal in China will peak before 2030.

Coal 218
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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. Converting a significant portion of the fleet to hydrogen would require more DRI plants and more electric furnaces. Retrofit or close any remaining coal-fired capacity by 2050.

Hydrogen 221
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Mad Power thoughts

EV Info

Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has shot through the roof – and so the market price of both home heating and electricity is rocketing. Climate Change. This was plain wrong.

Power 52
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From Scooters to High Speed Rail, China is Electrifying

Plugs and Cars

When I was studying China and Mandarin Chinese 35 years ago, “Red” China was unrecognized by the US, literally, and dark in a way difficult to imagine now. For a while, gas scooters held sway piled high with people and products. And most of the scooters are now electric. I’m sure I’m not the first to say it.

China 133
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Peabody Energy and GreatPoint Energy To Partner on Coal-to-Gas and Coal-to-Hydrogen Facilities with Carbon Capture and Storage

Green Car Congress

Overview of the bluegas catalytic coal methanation process. The projects would be developed using GreatPoint’s proprietary bluegas technology, which utilizes catalytic hydromethanation to create pure hydrogen and substitute natural gas (SNG) that is pipeline-ready in a single-stage gasification process. Click to enlarge.

Coal 186
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BP outlook: Energy demand grows as fuel mix continues to diversify; EVs in global car parc at 15% by 2040, but electric share of VMT at 30%

Green Car Congress

The global energy mix is the most diverse the world has ever seen by 2040, with oil, gas, coal and non-fossil fuels each contributing around a quarter. Natural gas demand grows strongly and overtakes coal as the second largest source of energy. Oil and gas together account for over half of the world’s energy.

Global 170