Remove Coal Remove Europe Remove Financing Remove Purchase
article thumbnail

Wanxiang and GreatPoint Energy close $1.25B deal for 1 Tcf/year coal-to-natural-gas plant in Xinjiang; Sinopec to purchase output, building pipeline to east

Green Car Congress

Overview of the Bluegas catalytic coal methanation process. billion from Wanxiang to finance and construct the first phase of a coal-to-natural gas facility that ultimately will have an annual production capacity of one trillion cubic feet (1 Tcf) (30 billion cubic meters) per year. Click to enlarge. pure methane).

Coal 225
article thumbnail

HVDC Networks Come to Europe

Cars That Think

The 260-kilometer, 320-kilovolt high-voltage direct-current (HVDC) transmission system, based on technology from Hitachi Energy , in Zurich, marks a milestone in an ongoing transformation of the European power grid: It will plug into the first truly dynamic multiterminal HVDC network in Europe. percent, the share of energy met by renewables.

Europe 115
article thumbnail

RWE and ArcelorMittal intend to build and operate offshore wind farms and hydrogen facilities for low-emissions steelmaking

Green Car Congress

The partnership centers on driving forward the production of carbon-neutral steel, with a plan to replace coal with wind power and green hydrogen as the main source of energy in steel production at ArcelorMittal’s steelmaking sites in Germany.

Wind 195
article thumbnail

Hyundai Offering Free Chargers to EV Buyers, Swelling Industry Incentives

The Truth About Cars

While the ChargePoint device is framed as being free, it does require the purchase of a new automobile through the automaker’s captive finance arm Hyundai Capital America. Still, this probably isn’t a bad deal for those already interested in purchasing an EV from Hyundai. Meanwhile, U.K.

Hyundai 104
article thumbnail

Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

Green Car Congress

Cap-and-trade was first tried on a significant scale twenty years ago under the first Bush administration as a way to address the problem of airborne sulfur dioxide pollution–widely known as acid rain–from coal-burning power plants in the eastern United States. Reduced Output.

Gas 244
article thumbnail

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

This trend is driven by major improvements in fuel economy in many countries, especially in the largest car markets in the United States, China, Europe and Japan. The use of coal—which met almost half of the increase in global energy demand over the last decade—rises 65% by 2035. —WEO 2011.

Oil 247
article thumbnail

Profile: Farmers Ethanol: Focusing on Sustainable Corn Ethanol Production and a Triple Bottom Line

Green Car Congress

On 18 March, Marketwatch reported that Valero purchased selected assets of corn ethanol suppliers for $477 million. It is believed Valero purchased the plants at 30% of their original construction cost. (In Financing challenges. All of this makes for a very difficult time to get financing for a new facility.