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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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IEA finds CO2 emissions flat for third straight year even as global economy grew in 2016

Green Car Congress

This was the result of growing renewable power generation, switches from coal to natural gas, improvements in energy efficiency, as well as structural changes in the global economy. The decline was driven by a surge in shale gas supplies and more attractive renewable power that displaced coal. Fatih Birol, the IEA’s executive director.

Economy 199
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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

Green Car Congress

It can also provide lowest-cost long-term storage for electrical grids relying on renewable energy. Producers of so-called blue, gray and brown hydrogen use either fossil fuels (natural gas or coal) or low-temperature gasification (. Hydrogen can also reduce and potentially replace natural gas in all applications.

Waste 448
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Australia Goes All-in on Green Hydrogen

Cars That Think

And while coal plants still supplied over half of Australia’s power in 2021, change is afoot. The 124-megawatt solar plant adjacent to Korea Zinc’s Townsville refinery, completed in 2018, cut a quarter of the coal-heavy grid power it had been using to run its power-intensive electrolytic process. Why a hydrogen truck?

Australia 145
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The Case for Nuclear Cargo Ships

Cars That Think

“At the same time, it’s becoming apparent that alternative-fuel solutions we’re looking at have big drawbacks, and that producing these fuels will take a lot of green power that will be needed to replace coal and gas on shore. The majority of global shipbuilding happens in South Korea, Japan, and China.

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Naysayer Alert – the hydrogen red herring

My Electric Car

The energy stored within hydrogen has been imparted from electrical energy through the electrolytic hydrogen production process or more likely in the refinement of fossil fuels such as coal seam (methane) gas – both are energy intensive processes in themselves. . The reasons are numerous. .

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Practical Power Beaming Gets Real

Cars That Think

This is, after all, how all the energy stored in wood, coal, oil, and natural gas originally got here: It was transmitted 150 million kilometers through space as electromagnetic waves—sunlight—most of it millions of years ago. At the grid level, Emrod and others are attempting to scale power beaming to new heights.

Power 144