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SK Inc. Materials initiates blue ammonia business with offtake agreement with ExxonMobil

Green Car Congress

Materials to pursue the offtake of blue ammonia from ExxonMobil’s planned low-carbon hydrogen project at its integrated complex in Baytown, Texas. Co-firing is a combustion technology that uses two or more fuel sources for power generation. Materials and ExxonMobil signed a Heads of Agreement (HOA) for SK Inc.

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IEA: global electricity demand growing faster than renewables, driving strong increase in generation from coal

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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.

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EIA expects significant increases in US wholesale electricity prices this summer

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EIA forecasts summer electricity prices will average $98/MWh in California’s CAISO market and $90/MWh in the ERCOT market in Texas. Wholesale prices are especially tied to natural gas prices because natural gas-fired units are often the most expensive (marginal) generators dispatched to supply power. MMBtu in May 2021.

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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). thousand terawatt-hours in 2018, up from 6.4 thousand in 2017.

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Top US coal producer Wyoming just approved a $1.2B solar farm

Baua Electric

Cowboy Solar I will include 400 MW of solar power and 136 MW of battery storage, while Cowboy Solar II will have 371 MW of solar power and 133 MW of battery storage. Both solar farms combined will be able to power 771,000 homes – three times the number of homes in Wyoming. Read more: Wyoming is the No. Get started here. –ad*

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EVs hold power to reduce impact of Texas-size weather events

EV Box

The Texas electricity crisis that left more than four million people without power for days amid below-freezing temperatures is forcing the state to rethink its reliance on traditional fossil energy resources like coal, nuclear, and especially natural gas.

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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

Green Car Congress

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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