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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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While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). But like trying to turn a massive oil tanker, it takes time.

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US Fuels acquires coal-to-diesel IP for scalable plants near mine sites

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Startup US Fuel Corporation (USF), which plans to design, build, own and operate scalable facilities near coal mine sites to convert coal into synthetic fuels, will acquire coal-to-diesel intellectual property (IP) that USF co-developed with an executive team consisting of Paul Adams and Steve Luck. Andrew Halarewicz, Sr.

Coal 225
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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 (IER), developer of a supercritical water technology, and TRUenergy have entered into a Memorandum of Understanding (MoU) to develop a commercial demonstration plant that will apply IER’s direct coal-to-oil and upgraded dry coal process to the brown coal at TRUenergy’s Yallourn mine in Australia.

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Accelergy Begins Production of Synthetic Jet Fuel from Coal and Biomass; USAF to Evaluate for 100% Synthetic Fuel Use

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Accelergy Corporation has begun production of a synthetic fuel from coal and biomass, to be evaluated by the United States Air Force (USAF) as the industry benchmark for 100% synthetic jet fuel. The pilot facility will also provide a tool for evaluating new coal and biomass feedstocks as the technology moves towards commercial deployment.

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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. The Better Buildings Challenge targets helping American commercial and industrial buildings becoming at least 20% more energy efficient by 2020. Expanding the Better Buildings Challenge.

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ExxonMobil to invest >$1B in Antwerp refinery to convert heavy, higher sulfur residual oil into diesel, other products

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plans to invest more than $1 billion to install a new delayed coker unit at its Antwerp refinery to convert heavy, higher sulfur residual oils into transportation fuels products such as marine gasoil and diesel fuel. The investment addresses an industry shortfall in capability to convert fuel oil to products such as diesel.

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Air Products to provide hydrogen fueling equipment to China Energy Investment Group’s first hydrogen fueling station in China

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China Energy), to provide two hydrogen dispensers to China Energy’s first commercial hydrogen fueling station project in Rugao City of Jiangsu Province, eastern China. (New Energy), a subsidiary of China’s energy conglomerate China Energy Investment Group Co., Clean energy, including hydrogen, is a key focus of the Group.

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