Electrek

FEBRUARY 8, 2023

Renewables will dominate the growth of global electricity supply and meet the vast majority of the increase in demand to 2025, according to a new report out today from the International Energy Agency (IEA). more… The post Renewables will be the top source of global electricity by 2025 appeared first on Electrek.

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Renewable Global Electric Electrical 108

Green Car Congress

NOVEMBER 17, 2022

Following initial contracts with European suppliers, the BMW Group has now concluded further 2 -reduced-steel-for-global-production-network">agreements for the supply of CO 2 -reduced steel in the US and China. Steel is one of the main sources of CO 2 emissions in our supply chain. Top: Steel Dynamics; Center: US Steel; Bottom: HBIS Group.

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BMW Global CO2 Production 444

Electrek

OCTOBER 4, 2022

Renewables met all of the rise in global electricity demand in the first half of 2022, preventing any growth in coal and gas generation, according to a new report published by London-based energy think tank Ember. .

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Renewable Global London Coal 134

Green Car Congress

JANUARY 13, 2023

Renewable energy sources are central to the energy transition toward a more sustainable future. The new technique—called Underground Gravity Energy Storage (UGES)—proposes an effective long-term energy storage solution while also making use of now-defunct mining sites, which likely number in the millions globally.

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Energy Storage Energy Renewable Store 468

Green Car Congress

JUNE 21, 2022

A new study from Juniper Research forecasts that the number of hydrogen vehicles in service globally will exceed 1 million in 2027, from just over 60,000 in 2022—substantial growth of more than 1,500%—with the bulk of the deployed vehicles in China and the Far East.

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Hydrogen Global Vehicles Alternative Fuels 474

Green Car Congress

MARCH 9, 2022

Global energy-related carbon dioxide emissions rose by 6% in 2021 to 36.3 The rebound of global CO 2 emissions above pre-pandemic levels has largely been driven by China, where they increased by 750 million tonnes between 2019 and 2021. billion tonnes, accounting for 33% of the global total. billion tonnes. billion tonnes.

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Emissions Global Coal China 370

Green Car Congress

JUNE 28, 2023

Topsoe will lead the FrontFuel project to develop highly efficient Sustainable Aviation Fuel (SAF) production from CO 2 , water, and renewable electricity. The FrontFuel project will use carbon dioxide and renewable energy to produce a synthetic crude, to demonstrate the value chain of SAF, using Topsoe technology.

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Grant Renewable CO2 Denmark 170

Green Car Congress

OCTOBER 6, 2021

General Motors and GE Renewable Energy signed a non-binding Memorandum of Understanding (MoU) to evaluate opportunities to improve supplies of heavy and light rare earth materials and magnets, copper and electrical steel used for manufacturing of electric vehicles and renewable energy equipment.

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Renewable GM Supplies Energy 285

Green Car Congress

JULY 7, 2021

Hyundai Motor Group (the Group) announced that five key affiliate companies, including Hyundai Motor Company and Kia Corporation, will join Climate Group’s RE100 , a global initiative committed to moving toward 100% renewable energy. Hyundai Motor and Kia, along with Hyundai Mobis Co., Hyundai Wia and Hyundai Transys Inc.,

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Hyundai Renewable Climate Slovakia 321

Green Car Congress

JUNE 7, 2023

Nefoundland, Canada) reached a binding agreement on commercial terms with Pattern Renewable Holdings Canada 2 ULC (Pattern Energy) for a planned renewable energy to green fuels project at Argentia. Key commercial terms include land lease rates at the Port, priority berthing charges, and a wind royalty on electricity sales.

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Renewable Energy Green Canada 243

Green Car Congress

MAY 11, 2020

While there is global potential to generate renewable energy at costs already competitive with fossil fuels, a means of storing and transporting this energy at a very large scale is a roadblock to large-scale investment, development and deployment. Generation 2 moves the Haber-Bosch process to renewable sources of hydrogen.

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Renewable Economy Hydrogen Water 419

Green Car Congress

OCTOBER 1, 2021

General Motors plans to source 100% renewable energy to power its US sites by 2025—five years earlier than previously announced, and 25 years ahead of its initial target that was set in 2016. Sourcing renewable energy is a critical component of GM’s plans to decarbonize its portfolio.

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GM Renewable Energy Carbon 333

Green Car Congress

AUGUST 31, 2020

Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. But Total is not just content to compete in the traditional renewable energy arena of wind and solar but is also giving Tesla Inc.

Oil 418

Oil Renewable Wind Gas-Electric 418

Green Car Congress

AUGUST 17, 2023

The US Department of Energy (DOE)’s Advanced Materials and Manufacturing Technologies Office (AMMTO) renewed funding for PowerAmerica , DOE’s first Clean Energy Manufacturing Innovation Institute. Raleigh-based PowerAmerica commercialized more than 10 WBG technologies over five years.

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Renewable Power Powered Raleigh 195

Green Car Congress

DECEMBER 5, 2022

To generate the renewable electricity needed to feed production of green hydrogen, Cepsa will develop a 3GW portfolio of wind and solar energy projects with an additional €2-billion investment. It also expects Spain to become a net exporter of renewable hydrogen. Twenty percent of all projects worldwide are located in Spain.

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Hydrogen Renewable Europe Green 397

Green Car Congress

OCTOBER 27, 2022

Sourcing renewable energy is a critical component of GM’s plans to decarbonize. The company’s renewable energy strategy is rooted in four pillars: Increasing Energy Efficiency: GM’s energy goals begin with reducing energy consumption by improving energy efficiency. GM supports policies that enable a carbon-free, resilient power system.

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GM Renewable Energy 2016 321

Green Car Congress

AUGUST 18, 2021

Raven SR plans to build modular waste-to-green hydrogen production units and renewable synthetic fuel facilities initially in California and then worldwide. Raven supplies all the needed endothermic heat from sources outside of the reformer by recycling waste heat and/or electrical heat up to 1,200°F (649 ?C). Raven SR Inc.,

Chevron 397

Chevron Hydrogen Renewable Fuel 397

Green Car Congress

OCTOBER 7, 2021

In its International Energy Outlook 2021 (IEO2021), EIA projects that strong economic growth, particularly with developing economies in Asia, will drive global increases in energy consumption despite pandemic-related declines and long-term improvements in energy efficiency. —EIA Acting Administrator Stephen Nalley.

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Global Energy Emissions Asia 259

Green Car Congress

JULY 29, 2022

SCZONE has signed 8 MOUs so far in the field of localizing and manufacturing green fuels with several global key players and consortiums such as Maersk, Scatec, EDF Renewables, H2, and others. million tons of green ammonia, said Zaki.

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Egypt Renewable India Green 259

Green Car Congress

MARCH 13, 2020

BloombergNEF has issued a research note highlighting some of the likely effects of the coronavirus COVID-19 outbreak over the next year on the transition to a clean economy: including renewable power, energy storage, electric vehicles, heating, cooling and the circular economy. Chart: BloombergNEF.

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Energy Storage Renewable Energy Asia 416

Green Car Congress

JUNE 25, 2021

DME is a hydrogen-rich molecule that can be produced from waste and/or renewable resources using Oberon’s modular production technology. Because DME handles like propane/liquefied petroleum gas (LPG), it requires minimal modifications to the existing global LPG distribution network and leverages the expertise of its existing workforce.

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Renewable Hydrogen Fuel Waste 221

Green Car Congress

OCTOBER 6, 2021

General Motors and GE Renewable Energy signed a non-binding Memorandum of Understanding (MoU) to evaluate opportunities to improve supplies of heavy and light rare earth materials and magnets, copper and electrical steel used for manufacturing of electric vehicles and renewable energy equipment.

Renewable 210

Renewable GM Supplies Energy 210

Green Car Congress

MARCH 3, 2021

Participating Audi e-tron and e-tron Sportback customers may also be eligible to receive up to a $750 credit toward their electricity bill through the Arcadia platform with a subscription. The EPA provides further information on how renewable energy certificates are used to account for renewable electrcity generation and use.

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Audi Renewable Purchase Rhode Island 397

Green Car Congress

APRIL 25, 2022

Four key Hyundai Motor Group affiliate companies—Hyundai Motor Company (Hyundai Motor), Kia Corporation (Kia), Hyundai Mobis, and Hyundai Wia—are now members of Climate Group’s RE100 , a global initiative committed to large corporates moving toward 100% renewable electricity.

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Hyundai Renewable Climate Motor 186

Electrek

DECEMBER 6, 2022

Wind and solar are set to account for over 90% of global electricity expansion over the next five years, overtaking coal to become the largest source of global electricity by early 2025, according to “ Renewables 2022 ,” the latest edition of the International Energy Agency’s (IEA) annual report on the renewable sector.

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Renewable Coal Wind Solar 117

Green Car Congress

APRIL 7, 2022

Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. These electricity-based synthetic fuels enable nearly-CO 2 -neutral operation of combustion engines. In total, an amount in the low nine-figure USD range is flowing into HIF Global LLC.

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Porsche Chile Global Industrial 243

Green Car Congress

JULY 1, 2022

The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. BloombergNEF’s estimates for the global LCOE for utility-scale PV and onshore wind rose to $45 and $46 per megawatt-hour (MWh), respectively, in the first half of 2022. The latter cost at $74 and $81 per MWh, respectively.

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Cost Of Renewable Wind Egypt 210

Green Car Congress

JUNE 11, 2021

Oberon Fuels, producer of clean-burning dimethyl ether (DME) transportation fuel, has begun production of the first renewable DME (rDME) in the United States, and the only current commercial production of this in the world. Once delivered, rDME can be converted to renewable hydrogen at the point of use.

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Renewable Commercial Fuel Production 243

Green Car Congress

MARCH 15, 2022

Raven SR, a renewable fuels company ( earlier post ), announced the closing of a strategic investment from Samsung Ventures, expanding Raven SR’s reach into the global market, especially in Asia-Pacific region. Samsung Ventures’ investment will expand Raven SR’s global reach to South Korea, a driving force in the hydrogen economy.

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Renewable Companies Fuel South Korea 199

Green Car Congress

OCTOBER 13, 2022

An estimated 387GW/1,143GWh of new energy storage capacity will be added globally from 2022 to 2030, according to the forecast—more than Japan’s entire power generation capacity in 2020. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.

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Energy Storage Global Market Energy 259

Green Car Congress

NOVEMBER 30, 2022

Rio Tinto is planning to invest a further $600 million in renewable energy assets in the Pilbara as part of the company’s efforts to decarbonize its Western Australian iron ore operations. Rio Tinto’s Pilbara electricity grid is the largest privately-owned grid in Australia. billion to halve emissions by 2030.

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Renewable Energy Solar Grid 218

Green Car Congress

FEBRUARY 19, 2020

million for the next phase of Gigastack, a new renewable hydrogen project, as part of the Department for Business, Energy and Industrial Strategy (BEIS) Hydrogen Supply Competition. Producing hydrogen has traditionally been associated with high carbon emissions, but by using renewable electricity—e.g., Earlier post.).

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Wind Hydrogen Renewable Low Cost 379

Electrek

MAY 12, 2022

New capacity for generating electricity from renewables such as solar, wind, and other clean energy increased to a record level worldwide in 2021. The post Renewables will break another global record in 2022 despite supply chain problems – IEA appeared first on Electrek.

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Renewable Supplies Global Wind 98

Green Car Congress

JANUARY 11, 2023

The US Energy Information Administration (EIA) expects global consumption of liquid fuels such as gasoline, diesel, and jet fuel, to set new record highs in 2024. Our forecast for global consumption of petroleum depends on uncertain economic conditions—especially in China. —EIA Administrator Joe DeCarolis.

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Oil Prices Oil Global Price 210

Green Car Congress

JUNE 20, 2023

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Most of this growth is driven by an ever increasing demand for electric vehicles. terawatt-hours by 2030, up from around 1 TWh this year.

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Industrial Industry Global Lithium Ion 243

Green Car Congress

MARCH 17, 2023

Volvo Trucks has delivered its first heavy electric truck to Rabat, Morocco. The customer is the refuse collection company Arma, and this is the first heavy battery-electric truck from a global manufacturer to be in commercial operation in Africa.

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Morocco Volvo Africa Electric 259

Green Car Congress

JANUARY 30, 2020

In a commentary in the journal Joule , Rob McGinnis, founder and and CEO of Prometheus , a company that is developing technology to remove carbon dioxide from the air and turn it into fuels, discusses the technology advances that could lead to the potential price-competitiveness of renewable gasoline and jet with fossil fuels. 2020.01.002.

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Gasoline Renewable Fuel Price 357