Remove Coal Remove Grid Remove Industry Remove International
article thumbnail

BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

Green Car Congress

However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. India is planning to almost double the length of its gas transmission grid, while China will grow its gas network about 60% by 2025. MMbtu in Russia, $8.7/MMbtu

Gas 243
article thumbnail

EIA projects increases in global energy consumption and emissions through 2050

Green Car Congress

In its International Energy Outlook 2021 (IEO2021), EIA projects that strong economic growth, particularly with developing economies in Asia, will drive global increases in energy consumption despite pandemic-related declines and long-term improvements in energy efficiency. —EIA Acting Administrator Stephen Nalley.

Global 259
article thumbnail

China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability. Grid-connected battery farms back up renewables when the sun is not shining or the wind is not blowing and are considered important to help integrate clean energy into power grids.

Auto 52
article thumbnail

China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability. Grid-connected battery farms back up renewables when the sun is not shining or the wind is not blowing and are considered important to help integrate clean energy into power grids.

Auto 52
article thumbnail

Largest pilot plant for CO2-neutral production of hydrogen begins operation at voestalpine site in Linz

Green Car Congress

What is currently the world’s largest pilot plant for the CO 2 -neutral production of hydrogen has successfully commenced operation at the voestalpine site in Linz, simultaneously setting an international milestone in the advancement of new energy supply options. It creates the basis for future projects on an industrial scale.

Hydrogen 221
article thumbnail

IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

Green Car Congress

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report. —Dr Birol.

Global 344
article thumbnail

Daimler enters stationary energy storage market with ACCUmotive battery systems; 500 kWh unit already on line for grid stabilization

Green Car Congress

Daimler’s first industrial-scale lithium-ion unit is already on the grid and is being operated by the partner companies The Mobility House AG and GETEC Energie AG. Daimler is also aiming to enter into cooperation with other sales and distribution partners both in Germany and at international level. kWh (residential) and 5.9