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Nippon Steel to invest in Canadian coal company; steelmaking coal offtake agreement

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EVR), which will be spun-off from Teck as an independent publicly-listed Canadian company and will own and operate the steelmaking coal business previously conducted by Teck. Nippon Steel has conducted technological development to reduce CO 2 emissions by injecting hydrogen into blast furnaces since 2008.

Coal 273
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Study finds methane emissions from coal mines ~50% higher than previously thought

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The amount of methane released into the atmosphere as a result of coal mining is likely approximately 50% higher than previously estimated, according to research presented at the recent annual meeting of the American Geophysical Union. The authors point out that less coal production doesn’t translate to less methane.

Coal 321
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DOE to award up to $100M for future coal plants in Coal FIRST initiative

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The US Department of Energy (DOE) intends to provide up to $100 million in awards ( DE-FOA-0002116 ) for the Coal FIRST (Flexible, Innovative, Resilient, Small, and Transformative) initiative (announced in November 2018), which aims to develop coal plants of the future that will provide secure, stable, reliable power with near-zero emissions.

Coal 281
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DOE awards $56.5M to 32 coal technology projects

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million in federal funding to 32 cost-shared research and development (R&D) projects for advanced coal technologies and research under six separate funding opportunity announcements (FOAs). The first funding opportunity award is for $10 million for ten projects under DE-FOA-0001992, Maximizing the Coal Value Chain.

Coal 247
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EIA projects increases in global energy consumption and emissions through 2050

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If current policy and technology trends continue, global energy consumption and energy-related carbon dioxide emissions will increase through 2050 as a result of population and economic growth. —EIA Acting Administrator Stephen Nalley. EIA projects electricity generation to almost double in developing non-OECD countries by 2050.

Global 259
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Study finds steelmaking by electric arc furnace in US produces up to 75% less carbon emissions

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Blast furnace steel, which represents about 70% of global steel manufacturing, is produced at large steel plants that use coal to melt raw materials into iron and then process it into steel. —Philip Bell, president, SMA. The study was conducted from November 2021 to June 2022 and was independently managed by CRU.

Carbon 186
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Global Carbon Project: Global carbon emissions growth slows, but hits record high

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Although the rate of emissions growth is slower than in the previous two years, the researchers warn emissions could keep increasing for a decade or more unless energy, transportation and industry policies change significantly across the world. over 2018 emissions. over 2018 emissions. That compares to 2.1%

Carbon 195