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Renewables to overtake coal as largest global electricity source in 2025

Teslarati

During the COP28 climate conference held in Dubai last month, world leaders from over 130 national governments agreed to set a goal to triple world renewable energy installations by 2030. The post Renewables to overtake coal as largest global electricity source in 2025 appeared first on TESLARATI. What are your thoughts?

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IG Metall warns that Krupp Mannesmann steel plant may fail due to lack of financing for conversion to climate-neutral steel production

Green Car Congress

IG Metall, Germany’s largest union as well as Europe’s largest industrial union, warns that at Hüttenwerke Krupp Mannesmann (HKM), the switch to climate-neutral steel production is may fail due to the lack of financing. HKM aims to reduce CO 2 emissions by 30% by the year 2025, and then be as climate neutral as possible by 2045.

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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

Green Car Congress

However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. The development of an international hydrogen market could also accelerate adoption. The hydrogen market is on the verge of a revolution.

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Volvo Cars first carmaker to explore fossil-free steel with SSAB and HYBRIT

Green Car Congress

Volvo Cars is teaming up with Swedish steel maker SSAB to jointly explore the development of fossil-free, high-quality steel for use in the automotive industry. It aims to replace coking coal, traditionally needed for iron ore-based steelmaking, with fossil-free electricity and hydrogen.

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Australian thermal coal mine aims for Q4 restart on supply deal – ET Auto

Baua Electric

Surging prices for coal last year have led to some new coal mines ramping up after the war in Ukraine exacerbated a supply shortage brought on by growing reluctance from climate conscious investors to funding new fossil fuel projects. In March it had said it expected to restart in the second half of 2023.

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thyssenkrupp greenlights construction of €2B hydrogen-powered direct reduction plant for low-CO2 steel

Green Car Congress

As part of its tkH2Steel transformation project, coal-based blast furnaces will be replaced by hydrogen-powered direct reduction plants. Thus, the Duisburg steelworks is continuing to boil steel as in the past—but with hydrogen and green power instead of coal. —Martina Merz, CEO of thyssenkrupp AG. With its capacity of 2.5

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Figuring Out Semiconductor Manufacturing's Climate Footprint

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. Can we make everything in our world smarter without worsening climate change? Boakes: Yeah.

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