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BMW Group sourcing aluminum produced using solar energy from EGA

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The BMW Group will begin sourcing aluminum produced using solar electricity with immediate effect. Producing aluminum is extremely energy-intensive. The use of solar electricity is therefore an effective lever for reducing the CO 2 emissions associated with aluminum smelting.

BMW 395
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EIA projects increases in global energy consumption and emissions through 2050

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The US Energy Information Administration (EIA) projects that, absent significant changes in policy or technology, world energy consumption will grow by nearly 50% between 2020 and 2050. Liquid fuels remain the largest source of energy consumption, driven largely by the industrial and transportation sectors.

Global 259
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Monash study on solar-driven electrolysis for green hydrogen production cautions on life-cycle emissions and EROI

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Researchers at Monash University in Australia have conducted a lifecycle analysis and net energy analysis (LCA/NEA) of a hypothetical large-scale solar-electrolysis plant for the production of green hydrogen. The open-access paper on the study is published in the RSC journal Energy & Environmental Science. Palmer et al.

Solar 459
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IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

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The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report. —Dr Fatih Birol, the IEA’s Executive Director.

Global 344
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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). Europe, however, is catching up with a significant ramp-up in capacity fueled by the current energy crisis.

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Siemens Energy secures 50 MW electrolyzer order from European Energy for first large-scale eMethanol project

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European Energy , a Danish developer and operator of green energy projects, has ordered a 50 MW electrolyzer from Siemens Energy for use in developing the first large-scale commercial e-Methanol production facility. —Knud Erik Andersen, CEO of European Energy.

Energy 370
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IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

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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.

Emissions 370