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The Front-Loading Net Zero report states that electricity production costs could be reduced by up to 50% by 2050 if countries and states adopt 100% renewable systems faster than currently planned. Utilities should keep repeating steps 1 - 3 until their systems run on 80 – 90% renewables.
The US Department of Energy (DOE) announced up to $64 million in federal funding for cost-shared research and development (R&D) projects under the funding opportunity announcement ( DE-FOA-0002057 ), “Critical Components for Coal FIRST Power Plants of the Future.”. —Assistant Secretary for Fossil Energy Steven Winberg.
Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. But Total is not just content to compete in the traditional renewable energy arena of wind and solar but is also giving Tesla Inc.
Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, according to a new report from the International Energy Agency.
While there is global potential to generate renewable energy at costs already competitive with fossil fuels, a means of storing and transporting this energy at a very large scale is a roadblock to large-scale investment, development and deployment. Generation 2 moves the Haber-Bosch process to renewable sources of hydrogen.
Coal’smarket share of 30.3% Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% OECD coal consumption declined by 1.1%, although the EU used 3.6% Renewables. Source: BP.
This will be the world’s first demonstration project in which a large amount of ammonia will be co-fired in a large-scale commercial coal-fired power plant. Blue ammonia produced using CO 2 offset technology and green ammonia produced using renewable energy are needed to reduce carbon emissions through the entire ammonia life cycle.
By achieving this accelerated goal, GM expects to avoid the production of an estimated 1 million metric tons of carbon emissions that would have been produced between 2025 and 2030, equal to the emissions produced by burning 1 billion pounds of coal. Sourcing renewable energy is a critical component of GM’s plans to decarbonize.
The partners aim to replace coal-fired power plants with hydrogen-ready gas-fired power plants in Germany, and to build production of low carbon and renewable hydrogen in Norway that will be exported through pipeline to Germany. Germany has an ambition to phase out all coal fired power plants by 2030.
billion tonnes, their highest ever level, as the world economy rebounded strongly from the COVID-19 crisis and relied heavily on coal to power that growth, according to new IEA analysis. Coal accounted for over 40% of the overall growth in global CO 2 emissions in 2021, reaching an all-time high of 15.3 billion tonnes.
DICE involves converting coal or biomass into a water-based slurry (called micronised refined carbon, MRC) that is directly injected into a large, specially adapted diesel engine. CSIRO is excited about the potential for DICE to lower power costs, halve carbon dioxide intensity and create a new export market for both brown and black coal.
Energy Vault, a company developing grid-scale gravity energy storage solutions, has entered into an energy storage system agreement with DG Fuels, a developer of renewable hydrogen and biogenic-based, synthetic sustainable aviation fuel (SAF) and diesel fuel. Under the terms of the agreement, Energy Vault agreed to provide 1.6
Efforts to shift away from fossil fuels and replace oil and coal with renewable energy sources can help reduce carbon emissions but do so at the expense of increased inequality, according to a new study by researchers at Portland State University (PSU) and Vanderbilt University. —Julius McGee.
Concept of the service and mobile app for renewable charging. OnStar and Google are working together to demonstrate a new OnStar service for managing the charging of Chevrolet Volts with renewable energy, using the 17 Chevrolet Volts in Google’s “Gfleet” based at the company’s headquarters in Mountain View, Calif. Click to enlarge.
While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). thousand terawatt-hours in 2018, up from 6.4 thousand in 2017.
The power sector has become less carbon-intensive as natural gas-fired generation displaced coal-fired and petroleum-fired generation and as the noncarbon sources of electricity generation—especially renewables such as wind and solar—have grown. In 2005, noncarbon sources accounted for 28% of the US electricity mix.
Aventine Renewable Energy, a leading producer, marketer and end-to-end supplier of ethanol, completed a $13.20-million million project to upgrade its wet mill ethanol plant in Pekin, Illinois, by replacing 70-year-old coal boiler technology with two newly installed Indeck high-pressure natural gas boilers.
Fortum has developed the Joddböle area since the dismantling of its Inkoo coal-fired power plant there in 2017-2020. Green steel will be a critical raw material for developing renewable energy infrastructure, such as wind turbines, as well as in segments such as construction, the automotive industry, and consumer goods. tonnes of CO₂.
In a new report, energy, mining and minerals consultancy Wood Mackenzie projects that despite efforts to limit coal consumption and seek alternative fuel options, China’s strong appetite for thermal coal will lead to a doubling of demand by 2030. It is very unlikely that demand for thermal coal in China will peak before 2030.
Located in Henan Province, China, the $250-million coal-to-methanol facility uses SES’ patented and proprietary gasification technologies. When it reaches full capacity later this year, the plant is expected to convert some 2,400 tonnes per day of high ash Yima coal into 300,000 tonnes per year of refined methanol.
EIA’s Annual Energy Outlook 2014 (AEO2014) features several accelerated retirements cases that represent conditions leading to additional coal and nuclear plant retirements in order to examine the potential energy market and emissions effects of the loss of this capacity. Nuclear power and renewables do not emit CO 2.
Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The impact of the coronavirus on oil markets may be temporary.
In a new piece of research, BloombergNEF (BNEF) finds that the levelized cost of hydrogen (LCOH 2 ) made from renewable electricity is set to fall faster than it previously estimated. MMBtu) by 2050 in most modeled markets. Such low renewable hydrogen costs could completely rewrite the energy map.
It aims to replace coking coal, traditionally needed for iron ore-based steelmaking, with fossil-free electricity and hydrogen. In 2026, SSAB aims to supply the market with fossil-free steel at a commercial scale. HYBRIT was started by SSAB, iron ore producer LKAB and energy firm Vattenfall.
Global investment in renewable energy totaled $226 billion in the first half of 2022, setting a new record for the first six months of a year, according to Renewable Energy Investment Tracker 2H 2022, a new report published by research firm BloombergNEF (BNEF). billion raised—up 63% on the previous year.
Propane-rich off-gas is produced during Neste’s NExBTL renewable diesel process; the gas is usually recovered during the Stabilization and Recycle stages of the process. BioLPG is Calor’s first renewable product offering that sees the company commit to reducing its carbon footprint and to become fully renewable by 2040.
SunGas Renewables Inc., The alliance will leverage both organizations’ technical expertise, engineering capabilities and market knowledge to accelerate the deployment of SunGas’ biomass gasification systems. a supplier of proven biomass gasification systems, announced a strategic alliance with Hatch, Ltd., GTI gasification technology.
In the new process, the supplier uses hydrogen and electricity from 100% renewable energy sources instead of coking coal in steel production. Unlike the use of coking coal, this does not produce CO 2 , but water. The hydrogen serves as a reduction gas, which releases and binds the oxygen from the iron ore.
Genscape reported that January 2013 coal-fired power generation in the US surged 8.9% This increase to 140,080 GWH resulted from higher demand for electricity, higher gas prices, and lower levels of generation from nuclear plants and renewable technologies. Coal and gas had equal power sector output levels in April of last year.
The US Department of Energy’s (DOE) Office of Fossil Energy (FE) has selected four projects for cost-shared research and development under the funding opportunity announcement (FOA), DE-FOA-0002180, Design Development and System Integration Design Studies for Coal FIRST Concepts.
These facilities typically use approximately one ton of coal to produce one BBL of hydrocarbons, with a life cycle CO 2 emissions calculation that is slightly worse than equivalent fuels derived from conventional oil refining. DGF replaces the coal gasification used by others with biomass gasification and natural gas reforming.
During the COP28 climate conference held in Dubai last month, world leaders from over 130 national governments agreed to set a goal to triple world renewable energy installations by 2030. Success in meeting the tripling goal will hinge on this.”
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.
Techno-economic analysis of the implementation of this system in UK BF-BOFs could reduce steel sector emissions by 88% while increasing the cost-competitiveness of UK steel on the global market through cost reduction. —Kildahl et al. The TC-BF-BOF System with mass flows needed to produce 1 Tonne of liquid steel. Kildahl et al.
If these barriers can be overcome, advanced biofuels could significantly disrupt the status quo in fuel markets. Electric vehicles (EVs) will become economically attractive for lead market segments by 2020, but broader adoption will require major declines in battery costs. Cleaner coal through carbon capture and sequestration.
Global benchmarks conceal a range of country-level estimates that vary according to market maturity, resource availability, project characteristics, local financing conditions and labor costs. New-build onshore wind and solar projects are now around 40% lower than BNEF’s global benchmarks for new coal- and gas-fired power.
China’s shift toward alternative fuels in order to cut its reliance on imported oil is creating large opportunities, notably in natural gas vehicles (NGVs) and in the conversion of coal to ethanol, according to a new report from Lux Research. Coal-to-ethanol is on verge of large-scale commercialization. Renewable resources.
Renewable energy and nuclear power are the world’s fastest-growing energy sources, each increasing 2.5% Coal grows faster than petroleum consumption until after 2030, mostly due to increases in China’s consumption of coal, and slow growth in oil demand in OECD member countries. per year, according to the biennial report.
A joint industry partnership to commercialize clean, gold hydrogen, the program’s founding members include synthetic biology company Cemvita Factory (innovator in low-carbon microbial solutions for energy and mining resource extraction, production, and renewal); and Chart Industries, Inc. (a a leader in clean energy solutions).
The EMS (Earth and Mineral Science) Energy Institute at Penn State has developed a conceptual novel process configuration for producing clean middle-distillate fuels from coal with some algal input with minimal emissions. Principal inputs are coal, water, non-carbon electricity, and make-up solvent. Schobert (2015) Click to enlarge.
However, when peak demand is not required the inefficiencies of idling coal, nuclear and gas powered power plants has become both very uneconomic and non-responsive to changes in demand for today’s market. Supplementing baseload coal-, nuclear- and gas-powered power pants in a grid strategy for tomorrow.
This decrease was driven largely by a decrease in emissions from fossil fuel combustion resulting from a decrease in total energy use in 2019 compared to 2018 and a continued shift from coal to natural gas and renewables in the electric power sector. CO 2 emissions decreased 2.2% from 2018 to 2019.
The traditional process of producing ammonia has used “grey” or “black” hydrogen from either natural gas or coal. The Haber-Bosch process used to produce “green” ammonia from green hydrogen, using renewable power, does not result in CO 2 emissions during the process. Siemens Energy has proven experience of innovation with ammonia.
The US Department of Energy’s (DOE) National Energy Technology Laboratory (NETL) has found high rare earth element (REE) concentrations in coal samples taken from the Illinois, Northern Appalachian, Central Appalachian, Rocky Mountain Coal Basins, and the Pennsylvania Anthracite region.
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