Remove Coal Remove Cost Of Remove Fleet Remove Low Cost
article thumbnail

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

Green Car Congress

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. Converting a significant portion of the fleet to hydrogen would require more DRI plants and more electric furnaces.

Hydrogen 221
article thumbnail

BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

Green Car Congress

Each year, NEO compares the costs of competing energy technologies through a levelized cost of energy analysis. By 2030, the energy generated or stored and dispatched by these three technologies will undercut electricity generated by existing coal and gas plants almost everywhere. Global power generation mix.

Wind 207
article thumbnail

CleanFUEL USA partners with Freightliner on new 8.0L propane LPI medium-duty engine

Green Car Congress

Featuring CleanFUEL’s new 8L liquid propane injection (LPI) system, the medium-duty engine will offer fleet managers a high-performance, propane-powered alternative. From a fleet standpoint, we see immense potential for this new 8L platform to stimulate additional interest and adoption in the market for propane-powered vehicles.

USA 239
article thumbnail

Inaugural Quadrennial Technology Review report concludes DOE is underinvested in transport; greatest efforts to go to electrification

Green Car Congress

The DOE-QTR defines six key strategies: increase vehicle efficiency; electrification of the light duty fleet; deploy alternative fuels; increase building and industrial efficiency; modernize the electrical grid; and deploy clean electricity. DOE’s most significant role in transport research is here.

article thumbnail

MIT/RAND Study Concludes Three Types of Alternative Jet Fuel May Be Available in Commercial Quantities Over the Next Decade

Green Car Congress

The five different fuel groups were those derived: from conventional petroleum; from unconventional petroleum; synthetically from natural gas, coal, or combinations of coal and biomass via the FT process; renewable oils; and alcohols. Adverse effects of ULS jet fuel would include higher fuel prices (by about $0.05 Weiss, Ian A.

MIT 250
article thumbnail

NRC report concludes US LDVs could cut oil consumption and GHGs by 80% by 2050; reliance on plug-ins, biofuels and hydrogen; strong policies mandatory

Green Car Congress

The statement of task specifically asks how the on-road LDV fleet could reduce, relative to 2005, petroleum use by 50% by 2030 and 80% by 2050, and GHG emissions by 80% by 2050. The committee then analyzed the performance and cost impacts of the various options in different scenarios. —Douglas M.

Hydrogen 244
article thumbnail

Georgia Tech study suggests unlinking EVs from CAFE and coordinating with power sector for low-cost benefits

Green Car Congress

However, managed EV adoption can reduce the cost of achieving GHG reductions through a RES, they concluded in their paper published in the ACS journal Environmental Science & Technology. The controlled charging of EVs can reduce electricity costs and improve the integration of wind energy. of the LDV fleet, respectively, in 2030.

Low Cost 236