Remove Climate Change Remove Coal Remove Power Grid Remove Solar
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.

Oil 418
article thumbnail

IEEE Discusses 6 Simple Solutions to Climate Change at COP27

Cars That Think

Simple, effective solutions that can help lessen the impact of climate change already exist. Rahman, a power expert and professor of electrical and computer engineering at Virginia Tech , is the former chair of the IEEE ad hoc committee on climate change. It results in higher efficiencies: about 46 percent.

article thumbnail

The Complex Calculus of Clean Energy and Zero Emissions

Cars That Think

Jenkins has also helped push Congress to think more seriously about the power grid, releasing a report last year that showed that much of the 43 percent emissions reduction expected by 2030 would be squandered if the United States doesn’t double the pace of transmission upgrades. power-grid transmission.

Clean 102
article thumbnail

Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

Green Car Congress

In addition, despite the rigorous development of renewables, carbon dioxide emissions are increasing, because the energy mix increasingly includes coal-fired power plants that emit large quantities of CO 2 to compensate for weather-related fluctuations in power generation from renewables and the closing of nuclear plants.

Germany 239
article thumbnail

Geely invests in Carbon Recycling Intl.; vehicles fueled by methanol from CO2, water and renewable energy

Green Car Congress

Vulcanol is CRI’s brand name for renewable methanol, produced from CO 2 and hydrogen from renewable sources of electricity (hydro, geothermal, wind and solar). Methanol can be produced from a range of renewable sources and fossil-fuel based feed-stocks; in practice methanol is mainly produced in coal-rich China from coal.

Renewable 150
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 94
article thumbnail

Lean Software, Power Electronics, and the Return of Optical Storage

Cars That Think

Before we start, I want to tell you that you can get the latest coverage from some of Spectrum ‘s most important beats, including AI, climate change, and robotics, by signing up for one of our free newsletters. I think maybe because the cover was a car perched at the top of a giant mountain of coal. And it bundles up.

Power 78