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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

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As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA. However, a new era for nuclear power is by no means guaranteed.

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Responsible Battery Coalition and U Michigan launch study to compare electric and gas vehicle lifetime costs

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The Responsible Battery Coalition, in partnership with the University of Michigan Center for Sustainable Systems, launched a comprehensive research project to compare the total cost of ownership of gas and electric vehicles (EVs). Where, when and for whom are EVs most cost-effective? Anticipated driving patterns.

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EIA expects significant increases in US wholesale electricity prices this summer

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The US Energy Information Administration (EIA) forecasts that prices in US wholesale electricity markets this summer will significantly increase over last summer’s prices. EIA forecasts summer electricity prices will average $98/MWh in California’s CAISO market and $90/MWh in the ERCOT market in Texas. MMBtu in May 2021.

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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

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Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. The steel industry cannot afford to wait for the 2040s to start its transition.

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Highview Power and Encore Renewable Energy to co-develop the first long-duration, liquid-air energy storage system in US

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Highview Power Storage, Inc., With Highview Power’s liquid air energy storage solution, excess or off-peak electricity is used to clean and compress air which is then stored in liquid form in insulated tanks at temperatures approaching -320 ?F The US energy storage market is expected to surge over 700% to nearly $5.4

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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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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. Low-carbon gas.

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Alcoa outlines technology roadmap to decarbonize aluminum industry

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outlined a technology roadmap to support its vision to reinvent the aluminum industry for a sustainable future. The roadmap includes three key programs: The Refinery of the Future , which aims both to reduce the capital cost of developing a refinery and to enable decarbonization of the alumina refining process. Alcoa Corp.