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Nacero awards 20-year wind power purchase agreement to NextEra for natural gas-to-gasoline plant in Texas

Green Car Congress

Texas-based Nacero, a company seeking to produce low- and zero-lifecycle carbon footprint gasoline blendstock ( earlier post ) has awarded a subsidiary of NextEra Energy Resources, LLC a 20-year power purchase agreement to supply wind power to Nacero’s planned flagship manufacturing facility in Penwell, Texas. Renewable natural gas.

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US shift toward wind and solar will cut coal, make EVs cleaner

Green Car Reports

Increased use of renewable energy will help reduce electricity generation from coal and natural gas power plants, according to the U.S. The EIA forecasts that wind and solar will together account for 16% of total electricity generation in 2023, up from 14% in 2022 and 8% in 2018.

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Wind and solar overtook fossil gas in Europe for the first time

Electrek

Wind and solar generated a record one-fifth (22%) of electricity in the European Union in 2022 – overtaking fossil gas (20%) for the first time, according to a new study published today. more… The post Wind and solar overtook fossil gas in Europe for the first time appeared first on Electrek.

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Oil sands company Suncor Energy strengthens its focus on hydrogen and renewable fuels, divesting wind and solar

Green Car Congress

Suncor also plans to divest its wind and solar assets. energy projects in Canada and since then, Suncor has developed eight wind power projects in three provinces—Saskatchewan, Alberta and Ontario. While Suncor is in the fortunate position of being long on opportunities, we are adjusting our portfolio for fit and focus.

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In a ‘monumental shift’, EU coal and gas collapse as wind and solar ascend

Baua Electric

Photo: Hornsea Project Europe’s coal electricity generation tanked by 26% and gas by 15% in 2023, according to a new report from energy think tank Ember. What’s more, for the first time, wind power, which grew by 18%, surpassed gas, which only accounted for 17% of Europe’s electricity. compared to 2022.

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MITEI study finds hydrogen-generated electricity is a cost-competitive candidate for backing up wind and solar

Green Car Congress

A team at MITEI (MIT Energy Initiative) has found that hydrogen-generated electricity can be a cost-competitive option for backing up wind and solar. Currently, plants burning fossil fuels, primarily natural gas, fill in the gaps as peaker plants—a tendency that is likely to grow pari passu with VREs.

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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. This will attract $13.3

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