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Udokan Copper to cut carbon intensity of copper production up to 75% by 2035

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Russia-based Udokan Copper , the developer of Russia’s largest new copper deposit, outlined scenarios to cut the carbon intensity of copper production up to 75% by 2035, bringing the company closer to its ultimate goal of climate neutrality in the long run. In 2021, Udokan Copper invested RUB 764 million (US$11.5

Carbon 273
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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. MMbtu in Russia, $8.7/MMbtu —Ashish Sethia, global head of commodities at BNEF. Natural gas in the long term.

Gas 243
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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 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% Output grew rapidly in Qatar (+25.8%), Russia (+3.1%) and Turkmenistan (+40.6%), more than offsetting declines in Libya (-75.6%) and the UK (-20.8%).

Coal 261
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IEA finds CO2 emissions flat for third straight year even as global economy grew in 2016

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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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Our Energy crisis is self made in europe

EV Info

We have started to find out the hard way that wind and solar are pitiful in winter especially when we have no meaningful wind for days on end. While all eyes are on Ukraine and Russia, Europe’s energy woes are largely self-made, not due to outside forces. Let’s look at the bigger picture: – What has Europe done?

Europe 52
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Mad Power thoughts

EV Info

Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has shot through the roof – and so the market price of both home heating and electricity is rocketing. Energy Solutions.

Power 52
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MIT Report Finds Natural Gas Has Significant Potential to Displace Coal, Reducing Greenhouse Gas Emissions; Role in Transportation More Limited

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Natural gas will play a leading role in reducing greenhouse-gas emissions over the next several decades, largely by replacing older, inefficient coal plants with highly efficient combined-cycle gas generation, according to a major new interim report out from MIT. The first two reports dealt with nuclear power (2003) and coal (2007).

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