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High cost of coal and natural gas could make EVs, US grid cleaner this summer

Green Car Reports

Anticipated price hikes for coal and natural gas could lead to increase use of renewable energy in electricity generation, making both the grid and EVs cleaner, according to new United States Energy Information Administration (EIA) analysis.

Cleaner 153
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DOE announces $64M for research into future coal power plants

Green Car Congress

The US Department of Energy (DOE) announced up to $64 million in federal funding for cost-shared research and development (R&D) projects under the funding opportunity announcement ( DE-FOA-0002057 ), “Critical Components for Coal FIRST Power Plants of the Future.”. —Assistant Secretary for Fossil Energy Steven Winberg.

Coal 335
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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

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

Green Car Congress

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report. —Dr Fatih Birol, the IEA’s Executive Director.

Global 344
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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

Green Car Congress

The plan also calls for accelerating the permitting for renewable power generation on public lands and upgrading the grid. In terms of investment in innovation for cleaner energy, the plan calls for: Investment in advanced fossil energy projects. A Federal Quadrennial Energy Review. New energy efficiency standards.

Obama 249
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Dominion Energy sets new goal of net zero emissions by 2050 for both power generation, natural gas operations

Green Car Congress

Dominion Energy announced a significant expansion of the company's greenhouse gas emissions-reduction goals, establishing a new commitment to achieve net zero emissions by 2050. In addition to reducing its own emissions, Dominion Energy expects to go beyond its own efforts to help accelerate greenhouse gas reductions in other industries.

Emissions 207
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Huge Tesla Megapack project breaks ground in Queensland

Teslarati

Another Tesla Megapack project in Australia has broken ground, set to replace a former coal plant as part of a sustainable energy hub in Queensland. The project will be funded by the Queensland Renewable Energy and Hydrogen Jobs Fund, costing around $330 million.

Tesla 131