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IEA: governments must act to ensure sufficient supply of critical minerals to meet net-zero goals

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Part of the IEA’s flagship World Energy Outlook series, the report underscores that the mineral requirements of an energy system powered by clean energy technologies differ profoundly from one that runs on fossil fuels. By acting now and acting together, they can significantly reduce the risks of price volatility and supply disruptions.

Supplies 248
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IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

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billion tonnes, their highest ever level, as the world economy rebounded strongly from the COVID-19 crisis and relied heavily on coal to power that growth, according to new IEA analysis. Coal accounted for over 40% of the overall growth in global CO 2 emissions in 2021, reaching an all-time high of 15.3 billion tonnes.

Emissions 370
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DOE and Air Force issue RFI on Mil-Spec jet fuel production using coal-to-liquid technologies

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The US Department of Energy (DOE) in partnership with the US Air Force has issued a request for information (RFI)— DE-FOA-0000981 —on research & development aimed at greenhouse gas emissions reductions and cost competitiveness of Mil-Spec jet fuel production using coal-to-liquid (CTL) fuel technologies. Background.

Coal 207
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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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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. Retrofit or close any remaining coal-fired capacity by 2050. Source: BloombergNEF.

Hydrogen 221
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EPRI assesses status of 8 key power generation technologies for US; estimates of capital cost and levelized cost of electricity

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Comparative levelized cost of electricity in 2025 ($/MWh) at different CO 2 prices. Representative costs are reported in constant December 2010 US dollars. LCOE calculations are based on assumptions regarding future unit operations, operating costs, fuel prices, financing terms, and inflation. Source: EPRI. Click to enlarge.

EPRI 239
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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. Coal emerges as the biggest loser in the long run. NEO 2018 sees $11.5

Wind 220
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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

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That price increase paired with an increase in gasoline and diesel demand will likely increase the cost of regular gasoline and diesel fuel this summer. Increasing US refinery production along with rising crude oil supply from OPEC, its partner countries, and US tight oil producers should help bring those prices down. gal on 22 March.

2019 186