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BloombergNEF forecasts green hydrogen should be cheaper than natural gas by 2050 in some markets; falling costs of solar PV key

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In a new piece of research, BloombergNEF (BNEF) finds that the levelized cost of hydrogen (LCOH 2 ) made from renewable electricity is set to fall faster than it previously estimated. These costs are 13% lower than BNEF’s previous 2030 forecast and 17% lower than its old 2050 forecast. MMBtu) by 2050 in most modeled markets.

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DOE awarding $6.5M to 9 large-scale Phase I pilot coal projects

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This FOA, issued in August 2017, is a $50-million funding opportunity for projects supporting cost-shared research and development to design, construct, and operate two large-scale pilots to demonstrate transformational coal technologies. General Electric. Organization. Description. Babcock & Wilcox Company.

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DOE selects 7 gasification projects for funding; focus on reducing cost of coal conversion

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The projects conducted through this program are geared toward reducing the cost of coal conversion and mitigating the environmental impacts of fossil-fueled power generation. Bio-gasification of Coal to Methane. Technologies developed in this project will set the stage for further validation in future field testing.

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DOE to award up to $36M for design and testing of advanced carbon capture technologies for coal-fired power generation

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DOE is currently targeting transformational technologies that by 2030 will support a new coal-fired power plant with CO 2 capture with a cost of electricity at least 30% lower than a supercritical, pulverized-coal plant with CO 2 capture, or approximately $30 per tonne of CO 2 captured.

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Electra raises $85M to advance Low-Temperature Iron process; electrochemical refining at 60?C

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Electra has raised $85 million to produce Low-Temperature Iron (LTI) from commercial and low-grade ores using zero-carbon intermittent electricity. Electra’s process emits zero carbon dioxide emissions and carries zero green premium, meaning it will cost the same or less than existing production methods powered by fossil fuels.

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ORNL study finds best current use of natural gas for cars is efficient production of electricity for EVs

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However, they also noted, high PTW efficiencies and the moderate fuel economies of current compressed natural gas vehicles (CNGVs) make them a viable option as well. If CNG were to be eventually used in hybrids, the advantage of the electric generation/EV option shrinks. Their open access paper is published in the journal Energy.

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

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Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Converting a significant portion of the fleet to hydrogen would require more DRI plants and more electric furnaces. Retrofit or close any remaining coal-fired capacity by 2050.

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