Remove Coal Remove Low Cost Remove Transportation Remove Wind
article thumbnail

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

Green Car Congress

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). Each year, NEO compares the costs of competing energy technologies through a levelized cost of energy analysis.

Wind 207
article thumbnail

EIA: US electricity generation from coal and natural gas both increased with summer heat

Green Car Congress

In August 2012, coal produced 39% of US electricity, up from a low of 32% in April 2012, when the natural gas share of generation equaled that of coal. The August coal share of generation is still notably lower than the 50% annual average over the 1990-2010 period. Other plants use PRB coal transported by rail.

Coal 236
article thumbnail

GlobalData: hydrogen to become game changer as large-scale source of cleaner power

Green Car Congress

Hydrogen has the ability to assist in variable power output from renewable energy sources such as solar PV and wind. Hydrogen serves as one of the leading alternatives for energy storage and seems to be favoured as a low-cost alternative for storing huge quantities of electricity over days, week and also months.

Hydrogen 199
article thumbnail

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

Green Car Congress

The money will help projects further develop their greenhouse gas removal technologies, which include a machine that can pull carbon dioxide out of the air, a plant to convert household waste into hydrogen for use in the transport industry, and a system to remove carbon dioxide from seawater. Lapwing Energy Limited, “Reverse Coal”.

Carbon 305
article thumbnail

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
article thumbnail

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

Green Car Congress

While non-fossil fuels are expected to account for half of the growth in energy supplies over the next 20 years, the Outlook projects that oil and gas, together with coal, will remain the main source of energy powering the world economy, accounting for more than 75% of total energy supply in 2035, compared with 86% in 2015.

Global 150
article thumbnail

From Scooters to High Speed Rail, China is Electrifying

Plugs and Cars

I can’t cite the government decree, but having just returned from two weeks that took me from Beijing to Changsha, Hunan to Shanghai, it is evident that a national transportation system is being implemented, and electrification is at its core. Cars will undoubtedly be the last piece of the electric transportation matrix in China.

China 133