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

Green Car Congress

New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. thousand terawatt-hours in 2018, up from 6.4

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Sasol and ITOCHU to partner on green ammonia and hydrogen

Green Car Congress

South Africa-based Sasol and Japan-based ITOCHU Corporation have signed a Memorandum of Understanding (MoU) jointly to study and to develop the market and supply chain for green ammonia with a focus on its use as bunkering fuel and for power generation. The product can also be cracked back to hydrogen gas for further applications.

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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

As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. Even as demand increases, the world will continue to become more efficient in its energy use, according to the 2015 Outlook for Energy: A View to 2040.

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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

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.

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Anglo American, Aurizon to explore feasibility of hydrogen-powered trains for bulk freight

Green Car Congress

Aurizon , Australia’s largest rail freight operator, and leading global mining company Anglo American will work together on a feasibility study to assess the introduction of hydrogen-powered trains for bulk freight. Earlier post.)

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Mitsubishi wants to launch Australia’s cheapest electric car, but there’s a very expensive reason it might not

EV Central

Even as it considers launching Australia’s cheapest battery electric vehicle, Mitsubishi Australia is warning a slow roll-out of renewable energy will impact the uptake of EVs in Australia. Where is Australia for renewable energy power stations?” Where is the energy going to come from guys?” I have a car that’s ready to go.”

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DOE to Award Up to $5M in Grants for RD on Hydrogen Production from Coal

Green Car Congress

The US Department of Energy has issued up to a $5-million Funding Opportunity Announcement (DE-FOA-0000103) to solicit laboratory-level R&D projects to develop novel technologies for producing hydrogen from coal. Worldwide demand for energy is growing at an alarming rate. per year worldwide through 2030. DE-FOA-0000103.

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