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BNEF: cost of new renewables rises as inflation starts to bite

Green Car Congress

New-build onshore wind and solar projects are now around 40% lower than BNEF’s global benchmarks for new coal- and gas-fired power. Leading up to COP27 in Egypt in November, extra attention should be paid to these markets as it will be crucial to make sure they don’t fall behind and lose valuable time in the race to net zero.

Cost Of 210
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UN Environment report says national GHG pledges only bring one-third of reductions needed for Paris Agreement

Green Car Congress

Avoiding new coal-fired power plants and accelerated phasing out of existing plants—while ensuring careful handling of issues such as employment, investor interests and grid stability—would help the emissions picture. In early 2017, an additional 273 GW of coal-fired capacity was under construction and 570 GW in pre-construction.

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Celanese sees new TCX ethanol process as key component in future growth; a paradigm shift in ethanol production

Green Car Congress

TCX is the company’s new proprietary technology for ethanol production that builds on its acetyl platform and integrates new technologies to produce ethanol using basic hydrocarbon feedstocks—natural gas, coal and pet coke now, with biomass and waste planned for the future. Earlier post.). Source: Celanese. Click to enlarge.

Future 210
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Low-lying and other vulnerable countries calling for fast action on non-CO2 global warming pollutants

Green Car Congress

Methane is another potent climate warmer that needs to be targeted; capturing emissions from sources such as landfills and coal mines would benefit the climate system and the gas could then be used as a source of energy. Reducing tropospheric ozone can improve public health as well as agricultural productivity.

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

This geographically diverse group comprises Brazil and Mexico in the Americas; South Africa and Nigeria in Africa; Egypt and Turkey in North Africa/Mediterranean; Saudi Arabia and Iran in the Middle East; as well as Thailand and Indonesia in Asia. The OECD represents the developed economies.

Energy 252
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IEEE Discusses 6 Simple Solutions to Climate Change at COP27

Cars That Think

That’s according to 2023 IEEE President Saifur Rahman , who was among the speakers from engineering organizations at the COP27 event held in Egypt in November. Some continue to burn coal, for example, because there are no other economically feasible choices for them. “We One type is the ultrasupercritical coal-fired steam power plant.