Green Car Congress

JANUARY 8, 2020

This decline was due almost entirely to a drop in coal consumption. Coal-fired power generation fell by a record 18% year-on-year to its lowest level since 1975. An increase in natural gas generation offset some of the climate gains from this coal decline, but overall power sector emissions still decreased by almost 10%.

Coal 370

Coal 2019 2018 Gas-Electric 370

Green Car Reports

NOVEMBER 14, 2018

Producing renewable electricity is cheaper than running old coal plants, a new report from investment firm Lazard shows. can produce power for $29 to $56 per megawatt-hour, compared to $27 to $45 for existing coal-fired powerplants, according to a report last week in the British Financial Times.

Coal 167

Coal Wind Power Powered 167

Green Car Congress

OCTOBER 27, 2022

General Motors has finalized energy sourcing agreements required to secure 100% of the energy needed to power all its US facilities by 2025. Sourcing renewable energy is a critical component of GM’s plans to decarbonize. This is the main way through which GM is achieving its renewable energy goal.

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GM Renewable Energy 2016 321

Baua Electric

FEBRUARY 29, 2024

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. This is significant because it marks a shift toward making renewables increasingly competitive with coal, a mainstay in APAC’s energy mix.

Asia 52

Asia Coal Solar Power 52

Green Car Congress

MAY 11, 2020

While there is global potential to generate renewable energy at costs already competitive with fossil fuels, a means of storing and transporting this energy at a very large scale is a roadblock to large-scale investment, development and deployment. Generation 2 moves the Haber-Bosch process to renewable sources of hydrogen.

Renewable 419

Renewable Economy Hydrogen Water 419

Green Car Congress

MARCH 9, 2022

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

Emissions Global Coal China 370

Green Car Reports

MARCH 29, 2019

But that's what's happening with renewable energy now, according to a new report published by Energy Innovation. For most of their history, the knock on renewable wind and solar power is that they cost more than fossil fuels.

Wind 166

Wind Solar Coal Power 166

Green Car Congress

NOVEMBER 26, 2019

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). thousand terawatt-hours in 2018, up from 6.4 thousand in 2017.

Coal 243

Coal Clean Cleaning Financing 243

Green Car Congress

APRIL 7, 2021

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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Cost Of Hydrogen Solar Green 255

Green Car Congress

AUGUST 2, 2022

Global investment in renewable energy totaled $226 billion in the first half of 2022, setting a new record for the first six months of a year, according to Renewable Energy Investment Tracker 2H 2022, a new report published by research firm BloombergNEF (BNEF). billion raised—up 63% on the previous year. The 2Q figure, at $3.9

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Financing Renewable Wind Energy 243

Green Car Congress

AUGUST 21, 2022

SK E&S and SK Plug Hyverse—a joint venture (JV) formed in January of this year by SK E&S and Plug Power—will work with Korea Southeast Power Generation (KOEN) to cooperate with green hydrogen and green ammonia projects based on renewable energy resources in Korea and abroad.

Green 284

Green Hydrogen Plug Power 284

Green Car Congress

OCTOBER 31, 2021

Energy Vault, a company developing grid-scale gravity energy storage solutions, has entered into an energy storage system agreement with DG Fuels, a developer of renewable hydrogen and biogenic-based, synthetic sustainable aviation fuel (SAF) and diesel fuel. Under the terms of the agreement, Energy Vault agreed to provide 1.6

Energy Storage 459

Energy Storage Energy Fuel Louisiana 459

Green Car Congress

JULY 6, 2020

The technology has the capability to serve as a long-term, large-scale clean energy storage medium that aids power generation from renewable sources, however, formulating a cost-effective and well-regulated transition is a complex issue and the cost of producing hydrogen from renewable energy sources is currently expensive.

Hydrogen 199

Hydrogen Cleaner Power Powered 199

Green Car Congress

NOVEMBER 13, 2022

Both scenarios expect that growth in electricity demand can primarily be met by deployment of renewables such as solar, due to their falling costs. Today, coal-fired plants meet more than 60% of Indonesia’s power demand. Under the ETS, coal’s share rises to a peak of 74% by 2027 and then declines to 24% in 2050.

Indonesia 195

Indonesia Coal Lithium Ion Asia 195

Green Car Congress

JULY 13, 2019

Efforts to shift away from fossil fuels and replace oil and coal with renewable energy sources can help reduce carbon emissions but do so at the expense of increased inequality, according to a new study by researchers at Portland State University (PSU) and Vanderbilt University. —Julius McGee.

Renewable 292

Renewable Energy Portland Climate Change 292

Green Car Congress

JANUARY 17, 2015

The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5%

Renewable 150

Renewable Parts Power Powered 150

Green Car Congress

JULY 29, 2023

These facilities typically use approximately one ton of coal to produce one BBL of hydrocarbons, with a life cycle CO 2 emissions calculation that is slightly worse than equivalent fuels derived from conventional oil refining. DGF replaces the coal gasification used by others with biomass gasification and natural gas reforming.

Companies 370

Companies Fuel Louisiana Asia 370

Baua Electric

APRIL 29, 2024

Nevada utility NV Energy’s largest battery energy storage system sits on a former coal-fired power plant site and will save customers a lot of money. The new BESS is on the site of the former 557-megawatt (MW) coal-fired Reid Gardner Generating Station, which was demolished in 2019. Get started here. –ad*

Energy Storage 52

Energy Storage Nevada Coal Las Vegas 52

Green Car Congress

OCTOBER 7, 2022

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. We also have a historic opportunity to decentralize the global iron and steel supply chain and re-shore manufacturing and mining jobs.

Coal 360

Coal Boston Carbon Green 360

Green Car Congress

JANUARY 26, 2023

If implemented in the UK alone, the system could deliver cost savings of £1.28 We present here a first-principles study of the sector coupling between a thermochemical carbon dioxide (CO 2 ) splitting cycle and existing blast furnace – basic oxygen furnace (BF-BOF) steel making for cost-effective decarbonisation. —Kildahl et al.

Carbon 468

Carbon Emissions Cleaner Gas-Electric 468

Teslarati

JULY 13, 2021

Tesla Energy takes a stand against coal and gas generators in Australia. Elon Musk announced Tesla’s solar neighborhood a few days after Texas Governor Greg Abbott released directives that included streamlining incentives to foster and maintain power sources like natural gas, coal, and nuclear power.

Neighborhood 145

Neighborhood Austin Solar Renewable 145

Green Car Congress

MARCH 20, 2013

The Los Angeles Department of Water and Power (LADWP) has taken steps to transition out of the use of coal-fired electricity earlier than mandated by California state law. LADWP currently owns a 21% interest in the 2250 megawatt (MW) Navajo Generating Station, receiving 477 MW of coal-fired power from the plant.

Los Angeles 218

Los Angeles Coal Utah Power 218

Green Car Congress

OCTOBER 27, 2019

Even if you have 100 percent capture from the capture equipment, it is still worse, from a social cost perspective, than replacing a coal or gas plant with a wind farm because carbon capture never reduces air pollution and always has a capture equipment cost. In both plants, natural gas turbines power the equipment.

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Pollution Carbon Coal Wind 271

Green Car Congress

JUNE 2, 2016

Trestle Energy LLC, a low carbon fuel company working with ethanol producers across the Midwest, and Larksen LLC, a biomass company providing sustainably sourced agricultural residues to Midwestern power plants, will collaborate to commercialize a new Fuel Pathway Management Platform.

Coal 150

Coal Energy Power Powered 150

Teslarati

JULY 5, 2021

Tesla Energy firmly argued against using coal and gas generators to support a proposed low-cost, reliable, secure, and zero-emissions grid in Australia. . The project was aimed at providing a more robust and lower emissions power system for Australians. Tesla Powerpack battery steps in after coal plant explodes in Australia.

Coal 145

Coal Australia Gas Energy 145

Green Car Congress

APRIL 28, 2014

DICE involves converting coal or biomass into a water-based slurry (called micronised refined carbon, MRC) that is directly injected into a large, specially adapted diesel engine. The fuel burns to produce intense temperature and pressure in the engine, which provides highly efficient power to turn electrical generators.

Coal 257

Coal Carbon Engine Emissions 257

Green Car Congress

JULY 19, 2011

Comparative levelized cost of electricity in 2025 ($/MWh) at different CO 2 prices. For the report, central-station generation refers to >100 MW, with the exception of some renewable-resource-based technologies. Representative costs are reported in constant December 2010 US dollars. Source: EPRI. Click to enlarge. Source: EPRI.

EPRI 239

EPRI Cost Of Power Powered 239

Green Car Congress

SEPTEMBER 4, 2014

Vega Biofuels announced that its Joint Venture (JV) partner, Agri-Tech Producers, LLC (ATP) has developed a new and patent-pending process that significantly reduces the cost of some of the biomass feedstock for the company’s Allendale, SC pilot torrefaction plant by using site remediation biomass.

Cost Of 236

Cost Of Coal Renewable EPA 236

Green Car Congress

JANUARY 11, 2023

The US Department of Energy (DOE) will award $42 million to 12 projects to strengthen the domestic supply chain for advanced batteries that power electric vehicles (EVs). National Renewable Energy Laboratory will assess data and parameters representing the risks of next generation cells. Award amount: $3,198,085).

Li-ion 256

Li-ion Batteries Battery Sodium 256

Green Car Congress

JANUARY 11, 2023

This reversal in 2022 was largely due to the substitution of coal with natural gas—a less carbon-intensive fuel—and a rise in renewable energy generation. Outside of the power sector, emissions increased slightly. The changes in industrial and transportation sector emissions reflect the impact of inflationary uncertainty.

Emissions 273

Emissions Oil Prices 2005 Coal 273

Green Car Congress

OCTOBER 6, 2015

This year has brought a significant shift in the generating cost comparison between renewable energy and fossil fuels, according to detailed analysis by technology and region, published this week by Bloomberg New Energy Finance. —Seb Henbest, head of Europe, Middle East and Africa at BNEF.

Wind 150

Wind Solar Coal Fuel 150

Green Car Congress

JULY 13, 2020

Statkraft, Europe’s largest generator of renewable energy, has agreed to a deal to help further decarbonize the UK’s power sector and deliver a new approach to managing the stability of the grid. GE Power Conversion will manufacture and install two Rotating Stabilizer synchronous machines at Statkraft’s site in Keith, Moray.

Grid 307

Grid Installation Conversion Wind 307

Green Car Congress

JUNE 4, 2013

In a new report, energy, mining and minerals consultancy Wood Mackenzie projects that despite efforts to limit coal consumption and seek alternative fuel options, China’s strong appetite for thermal coal will lead to a doubling of demand by 2030. It is very unlikely that demand for thermal coal in China will peak before 2030.

Coal 218

Coal China Gas-Electric Gas 218

Green Car Congress

NOVEMBER 10, 2022

These changes eliminate the need for carbon sequestration and reduce the system’s feed-stock handling costs and complexity. The feed-stock reduction is achieved primarily by supplementing the process with oxygen and hydrogen produced by water electrolysis units that are powered by clean wind and solar generated electricity.

France 426

France Fuel Louisiana Water 426

Green Car Congress

MAY 29, 2018

Among the main conclusions of the report is that increasing electrification in the transport and heating sectors reduces the consumption of fossil fuels in these sectors but because the demand for power increases significantly, the use of gas as energy resource of last resort gains weight in the generation mix.

Gas 210

Gas Power Powered Europe 210

Green Car Congress

JUNE 23, 2022

Energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany.

Wind 195

Wind Hydrogen Emissions Building 195

Green Car Congress

JUNE 19, 2018

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.

Wind 220

Wind Solar Global Coal 220