Remove Cost Of Remove Renewable Remove Wyoming
article thumbnail

NREL study suggests cost gap for Western renewables could narrow by 2025

Green Car Congress

A new Energy Department study conducted by the National Renewable Energy Laboratory (NREL) indicates that by 2025 wind and solar power electricity generation could become cost-competitive without federal subsidies, if new renewable energy development occurs in the most productive locations. mmBtu and $8.43/mmBtu.

Renewable 230
article thumbnail

DOE to leverage fossil energy expertise to develop and explore geothermal energy resources

Green Car Congress

The overall focus is to reduce the upfront costs of geothermal development as well as improve its effectiveness. This hybridization combines traditional fossil energy operations with emerging renewable technologies to evaluate low temperature geothermal power production from oil fields.

Energy 210
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

HollyFrontier to build $350M renewable diesel unit at Artesia refinery; 125M gallons/year

Green Car Congress

HollyFrontier Corporation, an independent petroleum refiner and marketer that produces high value light products such as gasoline, diesel fuel, jet fuel and other specialty products, plans to construct a new renewable diesel unit (RDU) at its Artesia, New Mexico refinery (Navajo Refinery).

Renewable 150
article thumbnail

DOE awarding more than $50M to 15 projects to advance critical material innovations

Green Car Congress

Projects selected under this funding opportunity announcement will reduce both the costs of critical materials and the environmental impacts of production. Technology Holding LLC; Next Generation Separation Method for Rare Earths Partners: Massachusetts Institute of Technology DOE share: $499,673; Cost share: $124,999; Total costs: $624,672.

Li-ion 321
article thumbnail

DOE announces 15 Phase 1 semifinalists of Geothermal Lithium Extraction Prize

Green Car Congress

As domestic demand increases rapidly, there is an urgent need to develop safe, secure, domestic, and cost-competitive sources of lithium. The Phase 1 semifinalists identified an impactful idea or solution to drive down costs of lithium extraction and, ultimately, help develop environmentally friendly, domestic sources of lithium.

Wyoming 199
article thumbnail

Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

Green Car Congress

The report comes as oil majors like ExxonMobil, Chevron and Shell, and other companies, are developing at least a couple dozen oil shale and CTL projects, including 12 CTL facilities projected to produce 170 million barrels of liquid fuels per year at a cost of $2 billion to $7 billion per plant. Earlier post.).

Coal 210
article thumbnail

Alaska Senators Introduce Legislation Permitting Advanced Directional Drilling for ANWR

Green Car Congress

The bill is based on the compromise reached in the Wyoming Range Legacy Act of 2007, which permitted resources to be accessed underground through directional drilling in a new wilderness area as long as there was no permanent surface impacts. The bill also includes $15 million of mitigation impact aid to North Slope residents.

Alaska 150