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The projected cost of the Olin Yo’l GTL project in Uzbekistan ( earlier post ) will hit $5.6 As originally outlined by founding project partners Sasol, Petronas and Uzbekneftegaz, the project was estimated to cost some $4.1 In the first stage, natural gas is combined with oxygen to form a syngas.
The Energy Department will award up to $3 million for research and development to help grow US low-to-moderate-temperature geothermal resources and support a domestic supply of critical materials, such as lithium carbonate and rare earth elements. ( DE-FOA-0001016 ). Earlier post.).
Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. The concept is the same embodied in Audi’s e-gas project ( earlier post ), to which the VGV proposal makes continued reference.
Chevron is partnering with California natural gas retailer Clean Energy Fuels Corp. on Adopt-a-Port, an initiative that provides truck operators serving the ports of Los Angeles and Long Beach with cleaner, carbon-negative renewable natural gas (RNG) to reduce emissions.
the largest provider of natural gas fuel for transportation in North America, have entered into a strategic alliance to accelerate the conversion of heavy-duty trucking fleets from diesel to cleaner-burning, less-expensive natural gas. Class 8 trucks can use both compressed natural gas (CNG) and liquefied natural gas (LNG).
EIA forecasts wholesale prices for one price hub in each STEO electricity supply region. Various factors determine wholesale electricity prices, but the cost of fuel for fossil-fuel generators is an important driver. The natural gas price at the Henry Hub averaged $8.14 MMBtu in May 2021. MMBtu this summer, up from $3.93/MMBtu
Benson from Stanford University and Stanford’s Global Climate and Energy Project (GCEP) has quantified the energetic costs of 7 different grid-scale energy storage technologies over time. The data revealed that all five battery technologies have high embodied-energy costs compared with pumped hydroelectric storage. Click to enlarge.
has purchased 35 Class 8 Volvo trucks that operate on compressed natural gas (CNG). To power the new trucks, Trillium CNG, a provider of compressed natural gas fueling solutions, built and will operate a fast-fill CNG station at SUPERVALU’s Mechanicsville distribution center. SUPERVALU INC. and Baltimore.
In a new report , Navigant Research forecasts that light-duty natural gas vehicle (LD NGV) sales will grow 119% between 2014 and 2024, culminating in 42.1 In North America, where Ford is a major vendor of LD and MD NGVs, a potentially difficult product transition for many of its trucks could limit supplies over the next couple of years.
REPAIR teams will develop natural gas transmission pipeline retrofitting technology to rehabilitate existing cast iron and bare steel pipes by creating new, robust pipes inside of old ones. Natural gas is a crucial energy source for 75 million American households and businesses. —ARPA-E Director Lane Genatowski.
Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. —Joseph McMonigle, secretary general, IEF.
The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. The latter cost at $74 and $81 per MWh, respectively.
Ammonia prices generally follow natural gas prices because ammonia is produced primarily from natural gas. Generally, prices of commodity chemicals (ammonia) closely correlate with prices of feedstock (natural gas). Although US natural gas prices also rose, they ended the 2021–22 heating season at close to $5.00/MMBtu,
In a new study published in the journal Applied Energy , Carnegie Mellon University (CMU) researchers found that controlled charging of plug-in hybrid electric vehicles (PHEVs) reduces the costs of integrating the vehicles into an electricity system by 54–73% depending on the scenario.
Based on the interim results of a new study, MIT researchers are warning smaller nations to proceed with caution in pursuing the development of their natural gas resources. The interim report analyzed the economics of natural gas project development options in Cyprus with a focus on exports. —Sergey Paltsev. Click to enlarge.
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.
A typical electric car requires six times the mineral inputs of a conventional car, and an onshore wind plant requires nine times more mineral resources than a similarly sized gas-fired power plant. By acting now and acting together, they can significantly reduce the risks of price volatility and supply disruptions. Source: IEA.
An upgrade from the previous fueling station offering oil, gas, hydrogen, electric charging services, the integrated complex can produce 1,000 kilograms of hydrogen a day, with a purity of 99.999%. Sinopec’s solution has tackled the bottlenecks of low transport capacities, high costs and long loading times.
The results suggest a transformative opportunity to unlock the Gulf’s potential as a cost-effective source of low-carbon hydrogen for Europe. With abundant renewable energy sources (RES) and natural gas reserves, the Gulf region is set to become a leading global producer of green and blue hydrogen, ammonia and other synthesis products.
A study published by the Centre on Regulation in Europe (CERRE) has explored the possible impact of increased electrification of road transportation and domestic heating and cooking on the energy system (electricity and gas), as well as on CO 2 emissions and on GDP.
The first hydrogen fuel cell system supplied under the agreement is earmarked for construction of the first testing and homologation vehicles under the agreement signed between NGVI and Ulsan Metropolitan City for supply of hydrogen electric transit buses. —Ben Nyland, President and CEO of Loop Energy.
Yet, the lack of established process and business models defining “green steel” make it difficult to understand what the respective H 2 price has to be in order to be competitive with commercial state-of-the-art natural gas DRI. … When using H 2 only for iron ore reduction, economic viability is reached at an H 2 procurement cost of $1.70
T&E performed a total cost of ownership calculation that includes external costs on health (air quality and noise) and climate (GHG emissions), including inputs from CE Delft. When these estimated externalities are factored in, electric buses show a lower 8-year total cost of ownership than diesel, T&E said. VDL: 500 units.
This is equivalent to energy costs of US$60 a barrel. 1 trillion green hydrogen investment can deliver the equivalent of more than one-third of Africa’s current energy consumption, boost GDP, improve clean water supply and empower communities.
When electricity is in high demand and more valuable, the pressurized gas is allowed to warm, turning a turbine as it expands and thus generating energy that can be used at peak times when the sun is not shining and the wind is not blowing.
The process can extract hydrogen from existing oil sands reservoirs, with huge existing supplies found in Canada and Venezuela. Thermolysis, gas reforming and water-gas shift have been used in commercial industrial processes to generate hydrogen for more than 100 years. Proton Technologies is commercializing the process.
ExxonMobil projects that meeting future energy demand will be supported by more efficient energy-saving practices and technologies; increased use of less-carbon-intensive fuels such as natural gas, nuclear and renewables; as well as the continued development of technology advances to develop new energy sources. Global liquids supply by type.
The new facility will capture more than 95% of CO 2 produced by generating hydrogen from the feedstock natural gas and store it safely back underground (i.e., Air Products contracted the Pembina Institute to conduct an independent assessment of the greenhouse gas emissions of the proposed Alberta Blue Hydrogen Hub project.
Hyundai will support the construction cost of the hydrogen refueling station while providing up to 12 fuel cell electric buses as well as their maintenance and service. Air Liquide Korea will provide two high-capacity hydrogen chargers and supply hydrogen gas. Hyundai fuel cell bus. In September 2019, Hyundai and Cummins Inc.
The process generates H 2 from natural gas or coal through steam reforming and combines it with N 2 , which has been separated from air by a cryogenic process, to form NH 3. C and pressures above 200 bar to be facile, and therefore the capital cost of plant and equipment is substantial. Generation 2.
This output can help to subsidize the process, offsetting the costs of reducing greenhouse gas emissions. In these systems, typically a stream of gas containing carbon dioxide passes through water to deliver carbon dioxide for the electrochemical reaction.
This technology could lower the cost of low carbon hydrogen by over 20% and has become the basis for the Department for Business, Energy and Industrial Strategy (BEIS) and the Committee on Climate Change’s (CCC) analysis. The project aims to reduce the cost of electrolytic hydrogen significantly. Contract value: £2.7 million (US$3.6
has closed a $68,155,000 “Green Bond” private activity bonds offering to finance the construction of its renewable natural gas (RNG) project in Northwest Iowa. The feedstock for the RNG Project will be supplied by three dairy farms located in Northwest Iowa totaling more than 20,000 milking cows. Other related improvements.
Hyzon Motors ( earlier post ) signed a memorandum of understanding (MoU) with TotalEnergies that reinforces the two companies’ shared commitment to evaluate and develop hydrogen refueling and vehicle supply solutions for long-haul transport to customers across Europe. We are therefore excited about this partnership with Hyzon.
Currently, the global supply chain for these elements relies heavily on dated extraction processes that are energy-intensive, consume a lot of water, and create toxic waste. Oil and gas extraction across the US and Canada pumps subsurface water to the surface as part of the extraction process. —Jerry Mills.
MAN Energy Solutions and the Fraunhofer Institute for Surface Engineering and Thin Films (IST) have published their analysis of the framework conditions for the future supply of green hydrogen to the Salzgitter steel site near Hannover. While production costs of around €4.00 to produce—profit margins in both cases not included.
Audi has introduced the natural-gas-fueled A4 Avant g-tron; dealers in Europe will begin taking orders for the midsize model starting in early summer 2017. Additionally, Audi is now offering e-gas to power the A3 Sportback g-tron as standard; customers will pay only the regular natural gas price. lb-ft) is available at approx.
Navigant Research forecasts that the transportation segment, with hydrogen demand as a catalyst, will jump-start power-to-gas (P2G) demand and further drive down electrolyzer and other infrastructure costs.
Switching from diesel fuel to natural gas may hold advantages for the US heavy-duty trucking fleet, but more needs to be done to reach the full environmental benefits, according to a new white paper released by the Institute of Transportation Studies at the University of California, Davis, and Rice University. Environmental considerations.
As part of the collaboration, Daimler Truck is also to supply hydrogen-powered fuel-cell trucks to its customers in the Netherlands, Belgium, Luxemburg and France by 2025. For several years, the Company has been working on the development of concrete use cases for the decarbonization of industrial processes as well as in mobility and gas.
This provides economic long-term energy storage, ensuring security of supply even during extreme weather conditions. coal and gas), significantly reducing the overall levelised cost of electricity. India can halve its electricity costs by 2050, while California and Germany can cut costs by 17% and 8% by 2040 respectively.
In the product launch event, Yang Hongxin, General Manager of SVOLT, said that the NMx battery cell rivals the NCM811 cell in performance, while reducing the cost of materials by 5%-15% and the cell balance of materials (BOM) cost by around 5%, and allows the materials to rise above strategic resources.
SK E&S signed a memorandum of understanding (MOU) with SK Plug Hyverse and KOEN regarding cooperation for carbon neutrality and the production of green hydrogen and green ammonia which will be consumed for co-firing at KOEN’s natural gas and coal based thermal power plants, by using electrolyzers to be produced in Korea by SK Plug Hyverse.
The “Iron Ore Challenge”: Commercial iron ores with iron content of 62% or higher are projected to be in short supply by the early 2030s. Hydrogen or natural gas-based steelmaking requires ores with the highest iron content at 67% or above, making the cost and ore supply challenge even more acute for these processes.
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