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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. Another 45% could come from recycled material, and the rest from a combination of older, coal-fired plants fitted with carbon capture systems and innovative processes using electricity to refine iron ore into iron and steel.

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MIT Report Finds Natural Gas Has Significant Potential to Displace Coal, Reducing Greenhouse Gas Emissions; Role in Transportation More Limited

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Natural gas will play a leading role in reducing greenhouse-gas emissions over the next several decades, largely by replacing older, inefficient coal plants with highly efficient combined-cycle gas generation, according to a major new interim report out from MIT. The first two reports dealt with nuclear power (2003) and coal (2007).

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DOE awarding $72M to 27 projects to develop and advance carbon capture technologies, including direct air capture

Green Car Congress

Under this cost-shared research and development (R&D), DOE is awarding $51 million to nine new projects for coal and natural gas power and industrial sources. In prior work with DOE, MTR has advanced membrane CO 2 capture technology for coal power plants through small engineering scale testing and studies.

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Alternative Fuel Technologies, Inc. Receives New Order for DME Feed Pumps From Shanghai Diesel Engine Company

Green Car Congress

Shanghai Diesel Engine Company is owned by Shanghai Automotive Industrial Corporation (SAIC), one of the top three automotive corporations in China. The company’s ultima goal is series production of DME fuel systems for the global automotive market by 2011. Alternative Fuel Technologies, Inc.

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Report finds says “negative emissions technologies” need to play a large role in mitigating climate change

Green Car Congress

Although climate mitigation remains the motivation for global investments in NETs, the committee that carried out the study and wrote the report determined that advances in NETs also could have economic rewards, as intellectual property rights and economic benefits will likely accrue to the nations that develop the best technology.

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ExxonMobil projects 25% energy demand increase between 2014-2040, 50% decline in carbon intensity; hybrids to be 40% of new car sales

Green Car Congress

Global energy demand will increase 25% between 2014 and 2040, driven by population growth and economic expansion, ExxonMobil forecasts in the 2016 edition of its annual The Outlook for Energy. ExxonMobil expects natural gas is expected to meet about 40% of the growth in global energy needs; demand for the fuel will increase by 50%.

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

Baua Electric

Climate Change Mitigation: By displacing fossil fuel-based energy sources, renewable energy integration contributes to global efforts to mitigate climate change. Energy Security: Renewable energy sources are abundant and distributed globally. It aligns with global goals to transition toward cleaner and more sustainable energy systems.