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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

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
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Electra raises $85M to advance Low-Temperature Iron process; electrochemical refining at 60?C

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By comparison, 69% of steel today is made at approximately 1,600 degrees Celsius (2,912 degrees Fahrenheit) using coal, emitting about two tons of carbon dioxide for every ton of steel produced. The “Iron Ore Challenge”: Commercial iron ores with iron content of 62% or higher are projected to be in short supply by the early 2030s.

Coal 360
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Scenario study suggests increased vehicle electrification in Europe increases demand for gas in power sector; limited ability for power-to-gas

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A study published by the Centre on Regulation in Europe (CERRE) has explored the possible impact of increased electrification of road transportation and domestic heating and cooking on the energy system (electricity and gas), as well as on CO 2 emissions and on GDP.

Gas 210
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Global Carbon Project: Global carbon emissions growth slows, but hits record high

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Driven by rising natural gas and oil consumption, levels of CO 2 are expected to hit 37 billion metric tons this year, according to new estimates from the Global Carbon Project (GCP), an initiative led by Stanford University scientist Rob Jackson. In 2019, consumption of coal is expected to drop 11% in the U.S.—down

Carbon 195
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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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In the US, a lower oil price could nudge natural gas prices higher: shale oil production often produces associated gas; fewer rigs fracking for oil would have the effect of marginally reducing supplies of natural gas. Oil at $60/barrel could mean a natural gas price as much as $0.90/MMBtu

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Renewables expand to 23% of US electrical generation in 2023, with solar in the lead

Baua Electric

of US electricity supply last year. Similarly, the mix of solar (5.6%) and wind (10%) is closing in on coal (15.9%) and seems well-positioned to overtake the fossil fuel this year. Similarly, the mix of solar (5.6%) and wind (10%) is closing in on coal (15.9%) and seems well-positioned to overtake the fossil fuel this year.

Solar 52
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EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

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Shale gas offsets declines in other US supply to meet. The Annual Energy Outlook 2011 (AEO2011) Reference case released yesterday by the US Energy Information Administration (EIA) more than doubles the technically recoverable US shale gas resources assumed in AEO2010 and added new shale oil resources. Source: EIA.

Gas 199