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Gas prices due to drop in 2024, as EVs plug into cleaner energy

Baua Electric

Energy Information Administration (EIA) expects combined electricity generation from solar and wind to exceed coal for the first time in 2024. It’s part of a broader shift toward wind and solar that’s been underway for some time. The cost of gasoline and the carbon footprint of EVs could both fall in the new year.

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IEA: global energy investment stabilized above $1.8T in 2018; security and sustainability concerns growing

Green Car Congress

Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. trillion in 2018, a level similar to 2017.

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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.

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

Green Car Congress

to 1.9%) in 2022 as the COVID recovery continues amidst turmoil in energy markets. Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. Turmoil in energy markets. The turmoil in the global energy markets is affecting the different fossil fuels in different ways. to 0.4%).

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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

In terms of investment in innovation for cleaner energy, the plan calls for: Investment in advanced fossil energy projects. The proposed solicitation will cover a broad range of advanced fossil energy projects. A Federal Quadrennial Energy Review. New energy efficiency standards.

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GE and Shenhua form coal gasification JV in China

Green Car Congress

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.

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Modified SOFC anodes allow operation at lower temperatures with carbon-containing gases; potential for much more efficient and cleaner generation of electricity from coal

Green Car Congress

gasified coal—by eliminating the coking problem. The resulting lower-temperature SOFCs could provide a cleaner, more efficient alternative to conventional power plants for generating electricity from coal reserves. An open access paper on their work was published 21 June in the journal Nature Communications.

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