Remove Climate Change Remove Coal Remove Installation Remove Wind
article thumbnail

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. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. thousand in 2017.

Coal 243
article thumbnail

Wind-to-Hydrogen Tech Goes to Sea

Cars That Think

Many countries have met their climate goals and are on track to be completely carbon neutral. Wind and solar parks produce a large portion of their energy. Then, as now, wind farms are operating off the world’s coasts—but not all of these offshore sites are connected to the mainland via underwater power cables.

Wind 92
article thumbnail

Study finds climate impact of hydropower varies widely

Green Car Congress

It is commonly thought that the greenhouse gas emissions from hydropower plants are similar to those of wind-generated power facilities. However, some individual hydropower facilities were worse for the climate than coal and natural gas plants both in the near- and long-term.

Climate 207
article thumbnail

3 Oil Majors That Bet Big On Renewables

Green Car Congress

Further, according to Rystad Energy, Big Oil is expected to pump in $166B into new oil and gas ventures over the next five years, thus dwarfing the currently specified outlay of just $18B (less than 10% of capex) for solar and wind energy projects. Good case in point: Italian multinational oil and gas giant Eni S.p.A. 2 Total SA.

Oil 418
article thumbnail

Good news – the world has a real chance of achieving its goal of tripling renewables by 2030

Baua Electric

The world added 50% more renewable capacity in 2023 than in 2022 –and that means it has a real chance of achieving the goal set by governments at the COP28 climate change conference of tripling global capacity by 2030. The increases in renewable energy capacity in the US, Europe, and Brazil also hit all-time highs. Get started here.

article thumbnail

What is Renewable energy integration, challenges, why it is needed

Baua Electric

This involves the seamless blending of renewable energy, such as solar, wind, hydro, and geothermal power, into the overall energy infrastructure to meet the growing demand for clean and sustainable energy. Integrating these sources helps mitigate climate change, reduce air pollution, and protect ecosystems.

article thumbnail

Secretary Moniz dedicates new supercomputer at NETL to support fossil energy research

Green Car Congress

All of the computational, visualization, network hardware, and primary storage servers are installed in a modular datacenter, greatly improving its efficiency. In his remarks at NETL, Secretary Moniz said: In the last four years, we’ve more than doubled renewable energy generation from wind and solar power. —Secretary Moniz.

Energy 170