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Sasol and ITOCHU to partner on green ammonia and hydrogen

Green Car Congress

South Africa-based Sasol and Japan-based ITOCHU Corporation have signed a Memorandum of Understanding (MoU) jointly to study and to develop the market and supply chain for green ammonia with a focus on its use as bunkering fuel and for power generation. The product can also be cracked back to hydrogen gas for further applications.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

“In 2024, the entire world is in a stage of reconfiguring supply chains, geopolitics are bringing new challenges to supply chains,” CNESA said in the white paper. This is particularly important for China, which has minimal natural gas capacity, a more flexible power source than slow-ramping coal plants.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

Grid-connected battery farms back up renewables when the sun is not shining or the wind is not blowing and are considered important to help integrate clean energy into power grids. This is particularly important for China, which has minimal natural gas capacity, a more flexible power source than slow-ramping coal plants.

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51% of BMW Group’s electricity worldwide from renewable sources; targeting 100%

Green Car Congress

At its Annual Account Press Conference 2015, the BMW Group announced that, for the first time in the history of the Group, 51% of its electricity worldwide is being supplied from renewable sources. Examples of the use of renewable power include: In Leipzig, Germany, the BMW Group is using wind power.

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Good news – the world has a real chance of achieving its goal of tripling renewables by 2030

Baua Electric

The world added 50% more renewable capacity in 2023 than in 2022 –and that means it has a real chance of achieving the goal set by governments at the COP28 climate change conference of tripling global capacity by 2030. The increases in renewable energy capacity in the US, Europe, and Brazil also hit all-time highs.

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OnStar and Google demonstrate concept service for managing charging Chevrolet Volts with renewable energy

Green Car Congress

According to the US Energy Information Administration (EIA), US electricity generation in 2010 was 70% fossil fuels (coal 44.9%, natural gas 23.8%); 20% nuclear; and 10% renewable, of which 6.2% Wind accounted for 2.3%. EIA forecasts that the mix in 2035 will shift to include 39% coal; 27% natural gas; and 16% renewables.

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ExxonMobil projects 25% energy demand increase between 2014-2040, 50% decline in carbon intensity; hybrids to be 40% of new car sales

Green Car Congress

At the same time, energy efficiency gains and increased use of renewable energy sources and lower carbon fuels, such as natural gas, are expected to help reduce by half the carbon intensity of the global economy. The company forecasts modest gains for plug-in electric cars, with cost and functionality remaining barriers.

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