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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). thousand terawatt-hours in 2018, up from 6.4 thousand in 2017.

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

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For oil markets, if investment stays at 2020 levels then this would reduce the previously-expected level of supply in 2025 by almost 9 million barrels a day, creating a clear risk of tighter markets if demand starts to move back towards its pre-crisis trajectory. —Dr Birol.

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1 in 5 new car sales globally were EVs in 2023, and that’s curbed oil demand – IEA

Baua Electric

The new findings come from the IEA’s annual update on global energy-related CO2 emissions and the just-released inaugural edition of the IEA’s new series , the Clean Energy Market Monitor, which will track clean energy deployment and broadly outline the implications for global energy markets.

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Hyperbaric Centrifuge Technology Successfully Dewaters Coal Fines

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A dewatering technology developed at Virginia Tech has succeeded in reducing the moisture content of ultrafine coal to less than 20%, transforming it to a salable product. During recent prototype tests at Arch Coal Company’s Cardinal plant in Logan County, W.Va., Roe-Hoan Yoon. as part of a license agreement with Virginia Tech.

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IEA sees China lead the way in developing new cleaner coal technologies

Green Cars News

”China’s coal sector has made remarkable progress over the last decade, fuelling rapid economic growth and bringing a better quality of life for China’s citizens”, said Nobuo Tanaka, Executive Director of the International Energy Agency (IEA), today in Beijing at the launch of the new publication, Cleaner Coal in China.

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IEA: carbon intensity of global energy supply has barely changed in last 20 years; “window of opportunity in transport”

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The global energy supply became 6% cleaner from 1971 to 1990,in response to the oil shocks of the 1970s. The IEA said that this reflects the continued domination of fossil fuels—particularly coal—in the energy mix and the slow uptake of other, lower-carbon supply technologies. tCO 2 /TJ (2.39 tCO 2 /toe); in 2010 it was 56.7

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Shell to build LNG units in Gulf Coast and Great Lakes regions; two additional LNG for transport corridors in North America

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In the Gulf Coast Corridor, Shell plans to install a small-scale liquefaction unit (0.25 In the Great Lakes Corridor, Shell plans to install a small-scale liquefaction unit (0.25 Its market share increases by around 25% in the period to 2060. Earlier post.) Gulf Coast. Great Lakes.