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SK Inc. Materials initiates blue ammonia business with offtake agreement with ExxonMobil

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SK seeks to import blue ammonia produced from ExxonMobil to South Korea in support of reducing industrial emissions. When co-fired with coal in an existing Coal Fired Power Plant (CFPP), blue ammonia emits no additional CO 2 , and total emissions from power generation is reduced by the amount of blue ammonia co-fired.

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

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In the short- to medium-term, hydrogen technology could be used to replace compressed natural gas (CNG) in some areas with minor changes to the existing infrastructure, according to GlobalData, a leading data and analytics company. Currently, in the power industry, hydrogen accounts for less than 0.2%

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GE and Shenhua open coal gasification joint venture in China

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GE announced the opening of GE Shenhua Gasification Technology Company Ltd., a 50:50 joint venture with Shenhua Group to advance the development and deployment of “cleaner coal” technology solutions in China. GBI report: Asia-Pacific to be the leading coal-producing region.

Coal 199
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GE and Shenhua to Create Joint Venture for Advanced Coal Gasification and Coal Technology Solutions in China

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The memorandum of understanding would result in a joint venture company, in which GE and Shenhua would execute a strategic vision for expanding to improve cost and performance of commercial scale gasification and integrated gasification combined cycle (IGCC) solutions. Other agreements. CSR Qishuyan Locomotive Co.,

Coal 231
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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. Many countries, cities, companies, and individuals have made pledges to reduce emissions, and it is stark reminder that despite all this rhetoric, global fossil CO 2 emissions are more than 5% higher than in 2015, the year of the Paris Agreement.

Global 221
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IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

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The World Energy Investment 2020 report’s assessment of trends so far this year is based on the latest available investment data and announcements by governments and companies as of mid-May, tracking of progress on individual projects, interviews with leading industry figures and investors, and the most recent analysis from across the IEA.

Global 344