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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). But like trying to turn a massive oil tanker, it takes time.

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Texas utility signs first US Power Purchase Agreement for low-emissions electricity from commercial-scale coal-fired power plant with carbon capture

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CPS Energy of San Antonio has signed a Power Purchase Agreement for approximately 200 MW of power from the Texas Clean Energy Project (TCEP), located just west of Midland-Odessa. The agreement marks the first US purchase by a utility of low-carbon power from a commercial-scale, coal-based power plant utilizing carbon capture.

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DOE ROD for coal-based Texas Clean Energy Project sets in motion $450M of federal funding

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The ROD and cooperative agreement between DOE’s Office of Fossil Energy (FE) and Summit Texas Clean Energy, LLC (STCE) sets in motion continued federal cost-shared funding for the Summit Texas Clean Energy Project, to be built just west of Midland-Odessa, Texas.

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US DOE to Award Up To $154M for NRG Energys Carbon Capture and Storage Project in Texas

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It will also assist with enhanced oil recovery efforts from a nearby oil field. The goal of CCPI is to accelerate the readiness of advanced coal technologies for commercial deployment, ensuring that the United States has clean, reliable, and affordable electricity and power. Parish Unit 7 in Thompsons, Texas.

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DOE awards $35M to 12 ARPA-E projects to reduce methane emissions; 5 on natural gas engines

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The US Department of Energy (DOE) announced $35 million in funding for twelve projects focused on developing technologies to reduce methane emissions in the oil, gas, and coal industries. The new technology will reduce operating costs and is similar to existing components, meaning no retraining will be required for support technicians.

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DOE launches $20M University Coalition for Fossil Energy Research at Penn State

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DOE expects the research completed throughout the six-year initiative to accelerate the development and deployment of fossil fuel-based technologies, enabling their continued use in a cost-effective and environmentally responsible manner.

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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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