article thumbnail

Cargill, BAR Technologies testing WindWings on cargo vessel

Green Car Congress

meters in height that can be fitted to the deck of cargo ships to harness the power of wind. Wind is a near marginal cost-free fuel and the opportunity for reducing emissions, alongside significant efficiency gains in vessel operating costs, is substantial.

Mariner 195
article thumbnail

H2Carrier and Anori developing PtX project in Greenland; production of green ammonia on floating platform P2XFloater

Green Car Congress

H2Carrier AS and Greenland-based Anori A/S have signed a Letter of Intent (LOI) with the purpose of developing the first commercial wind farm in Greenland with subsequent production and export of green ammonia. The 1.5GW wind farm will supply power to H2Carrier’s floating production vessel for hydrogen and green ammonia, the P2XFloater.

Green 259
article thumbnail

BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

Green Car Congress

Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Wind and solar grow from 7% of generation today to 48% by 2050.

Wind 207
article thumbnail

Wood Mackenzie: EVs could account for 21% of global car fleet by 2035 under carbon-constrained scenario

Green Car Congress

Among the elements of the scenario is long-term, double-digit growth for renewable energy—specifically wind and solar power—increasing to 30% of total power supply in 2035, up from 8% today. However, the transport sector’s projected adoption of EVs would seriously disrupt oil demand.

Carbon 150
article thumbnail

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

Green Car Congress

In countries that choose to continue or increase their use of nuclear power, it can reduce reliance on imported fossil fuels, cut carbon dioxide emissions and enable electricity systems to integrate higher shares of solar and wind power.

Russia 458
article thumbnail

BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

Green Car Congress

The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. While diesel and oil-based power is still uneconomic at $60/barrel, the pressure to switch is reduced.

article thumbnail

CMA CGM partners with Energy Observer on hydrogen-powered shipping

Green Car Congress

It aims to experiment, test and develop energy solutions based on hydrogen, solar, tidal and wind power. The green hydrogen used by Energy Observer is made from seawater using on-board renewable sources of electricity (solar, wind and hydropower).

Hydrogen 307