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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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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). But like trying to turn a massive oil tanker, it takes time.

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Texas Clean Energy Project signs long-term CO2 offtake agreement with Whiting Petroleum for enhanced oil recovery; 90% CO2 capture from IGCC coal polygen plant

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The TCEP would integrate coal gasification, combined-cycle power generation, CO 2 capture, and. In the Permian Basin, approximately one additional barrel of oil can be recovered for each 6,000 cubic feet (6 Mcf) of compressed CO 2 injected into the oil field. urea production. CO 2 capture and shipment via pipeline shown at top.

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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Oil remains the world’s leading fuel, but its 33.1% Coal’s market 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% World primary energy consumption grew by 2.5%

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DOE awards $19M to 13 initiatives in fossil-fuel areas to produce rare earth elements and critical minerals

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San Juan River-Raton-Black Mesa Basin (Arizona, Colorado and New Mexico): New Mexico Institute of Mining and Technology plans to determine the rare earth elements and critical minerals resource potential in coal and related stratigraphic units in the San Juan and Raton basins in New Mexico. DOE Funding: $1,499,997. DOE Funding: $1,483,787.

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MIT and U. Texas report urges combining and scaling up carbon capture and storage with enhanced oil recovery

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A report from MIT and The University of Texas at Austin urges the US to accelerate efforts to pursue carbon capture and storage (CCS) in combination with enhanced oil recovery (EOR), a practice that could increase domestic oil production while significantly curbing emissions of carbon dioxide. CO 2 could be employed.

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Texas utility signs first US Power Purchase Agreement for low-emissions electricity from commercial-scale coal-fired power plant with carbon capture

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CPS Energy of San Antonio has signed a Power Purchase Agreement for approximately 200 MW of power from the Texas Clean Energy Project (TCEP), located just west of Midland-Odessa. The agreement marks the first US purchase by a utility of low-carbon power from a commercial-scale, coal-based power plant utilizing carbon capture.

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DOE ROD for coal-based Texas Clean Energy Project sets in motion $450M of federal funding

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The ROD and cooperative agreement between DOE’s Office of Fossil Energy (FE) and Summit Texas Clean Energy, LLC (STCE) sets in motion continued federal cost-shared funding for the Summit Texas Clean Energy Project, to be built just west of Midland-Odessa, Texas. About 200 megawatts of electricity will be put on the power grid.

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