article thumbnail

IRENA report says tripling renewables investment required to reach 2050 climate goal

Green Car Congress

Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). Renewable energy investment slightly declined in 2018, with modest growth through 2019.

Climate 349
article thumbnail

Rolls-Royce makes Duisburg container terminal climate-neutral with mtu hydrogen technology

Green Car Congress

A microgrid based on renewable energies with hydrogen-powered fuel cells for emergency and peak power as well as hydrogen combustion engines can meet the special energy requirements of port facilities. It will not only set new standards in cargo handling, but also in climate-friendly energy supply.

Hydrogen 459
article thumbnail

CoBank report finds that troubled US grid may need to use EVs for grid balancing

Green Car Congress

Since its inception, the US electric grid has mostly operated smoothly as one synchronous machine with a one-directional flow of electricity to meet the nation’s predictable power needs. The US electric grid is experiencing something of a mid-life crisis. But that premise is quickly changing.

Grid 170
article thumbnail

Bosch on importance of renewable synthetic fuels to reach climate goals; e-fuels

Green Car Congress

One path to achieving this is with renewable synthetic fuels (e-fuels). Bosch outlines seven reasons why renewable synthetic fuels should be part of tomorrow’s mobility mix: Time. Renewable synthetic fuels have long since left the basic research phase. Climate neutrality. This creates a virtuous cycle in which the CO?

Renewable 300
article thumbnail

Volkswagen’s Elli and Elia Group partner to integrate EVs into the grid

Green Car Congress

The signatories Elli, Elia and re.alto say that the batteries of electric vehicles can help stabilize grids as the share of volatile, renewable energies increases. An essential key to achieving climate neutrality lies in linking of the energy and mobility sectors.

Grid 247
article thumbnail

3 Oil Majors That Bet Big On Renewables

Green Car Congress

Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. BIT:ENI) recently unveiled what has been hailed as the most ambitious climate pledge yet by an oil supermajor.

Oil 418
article thumbnail

Opinion: Reinventing fuel-based power for a more secure and resilient grid

Green Car Congress

With battery storage able to provide a unique role in balancing a renewable electricity grid, Toby Gill, CEO of Intelligent Power Generation, asks could innovations in green hydrogen and biofuel technologies contribute to a more optimized and economical energy mix? Our grid is changing, and so must the way we operate it.

Grid 332