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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. thousand terawatt-hours in 2018, up from 6.4

Coal 243
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GlobalData: hydrogen to become game changer as large-scale source of cleaner power

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The technology has the capability to serve as a long-term, large-scale clean energy storage medium that aids power generation from renewable sources, however, formulating a cost-effective and well-regulated transition is a complex issue and the cost of producing hydrogen from renewable energy sources is currently expensive.

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Ignite Energy Resources and TRUenergy Plan Direct Coal-to-Liquids and Coal Drying Demo Project for Supercritical Water Technology

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Ignite Energy Resources supercritical water process diagram. IER’s proprietary supercritical water technology (SCW) transforms low-ranked coals, including lignite, directly into higher-valued oils and cleaner coal products. tonnes of high-ranked coal. Source: IER. Click to enlarge. Source: IER. Click to enlarge.

Coal 150
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China unveils Dalian National Laboratory for Clean Energy; initial focus on clean fossil-fuel technologies

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China has officially opened a national clean energy research center, the Dalian National Laboratory for Clean Energy. This plays to the strengths of the DICP, which has developed methanol-to-olefins conversion processes that help to reduce waste in the industrial processing of coal.

Clean 186
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GE and Shenhua form coal gasification JV in China

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GE and Shenhua have agreed to form an industrial coal gasification joint venture to advance the deployment of “cleaner coal” technology solutions in China. The new company combines GE’s expertise in industrial gasification technologies with Shenhua’s expertise in coal gasification and coal-fired power generation.

Coal 186
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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

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In terms of investment in innovation for cleaner energy, the plan calls for: Investment in advanced fossil energy projects. In addition, the President has directed his Administration to purchase cleaner alternatives to HFCs whenever feasible and transition over time to equipment that uses safer and more sustainable alternatives.

Obama 249
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Obama Announces Steps to Boost Biofuels, Clean Coal; RFS2, BCAP, BIWG and Carbon Capture and Storage Task Force

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In addition, President Obama issued a Presidential Memorandum creating an Interagency Task Force on Carbon Capture and Storage to develop a comprehensive and coordinated federal strategy to speed the development and deployment of advanced lower-emission coal technologies.

Obama 218