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BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

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Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Global power generation mix. Wind and solar grow from 7% of generation today to 48% by 2050.

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BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

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The falling cost of making hydrogen from wind and solar power offers a promising route to cutting emissions in some of the most fossil-fuel-dependent sectors of the economy, such as steel, heavy-duty vehicles, shipping and cement, according to a new report from BloombergNEF (BNEF). Abatement cost with hydrogen at $1/kg (7.4/MMBtu).

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BP Energy Outlook: 30% growth in global demand to 2035; fuel demand continues to rise, even with EVs & fuel efficiency

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The 2017 edition of the BP Energy Outlook , published today, forecasts that global demand for energy will increase by around 30% between 2015 and 2035, an average growth of 1.3% per year rise expected in global GDP, reflecting improved energy efficiency driven by technology improvements and environmental concerns. billion by 2035.

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UK to award £54M to 15 projects developing innovative carbon removal technology

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CO 2 CirculAir’s a smart-buffer system assures a continuous 24h/d CO 2 absorption and enables the use of low-cost electricity for regeneration at moments of surplus or by direct use of electricity from solar cells or wind turbines. Lapwing Energy Limited, “Reverse Coal”. Project Funding: £2,941,301.44.

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IEEE’s Plan To Help Combat Climate Change

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The IEEE Board of Directors formed an ad hoc committee on climate change in February to coordinate its response to the global threat. Rahman: Its charter is to develop a cross-IEEE strategy to synchronize and guide the organization’s response to changes in the global climate. If you use less electricity, you will burn less coal.

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Study Finds Controlling Soot May Be Fastest Method to Reduce Arctic Ice Loss and Global Warming; Second-Leading Cause of Global Warming After CO2

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Controlling soot from fossil fuels and solid biofuels may be a faster method of reducing Arctic ice loss and global warming than other options, including controlling CH 4 or CO 2 , although all controls are needed, according to a new study by Dr. Mark Z. Jacobson at Stanford University. He also found that soot emissions kill more than 1.5

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Australia Goes All-in on Green Hydrogen

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The carbon-free rigs will pack 50 kilos of hydrogen zapped from water using electricity from the refinery’s dedicated solar power plant. And while coal plants still supplied over half of Australia’s power in 2021, change is afoot. 150 GW of wind and solar generation—more than the total installed generating capacity of France.

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