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NERC: high probability of insufficient resources to meet electricity demand as early as Summer 2022 in parts of US

Green Car Congress

Findings from the North American Electric Reliability Corporation’s (NERC’s) 2021 Long-Term Reliability Assessment (LTRA) indicate there is a high probability of insufficient resources and energy to serve electricity demand, as early as Summer 2022, in many parts of the Western Interconnection.

Parts 293
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BMW investing €400M in new vehicle assembly at Munich plant as part of shift to electromobility; engine production being concentrated at Steyr and Hams Hall

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The BMW Group has reduced resource consumption and CO 2 emissions in vehicle production by 50% since 2006. The plants will take advantage of the best options at each location—from solar energy in Oxford, Mexico and China, to biogas in South Africa, to wind power in Leipzig. Sustainability in production.

BMW 396
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NREL study suggests cost gap for Western renewables could narrow by 2025

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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
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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock.

Coal 243
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Rosneft touts major light oil find from “northernmost well in the world” in the Arctic

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I can inform you about the discovery of the first oil/gas-condensate field in the new Kara sea oil province. The resource base estimate of just this oil trap is 338 bcm of gas and more than 100 million tonnes of oil [approximately 733 million barrels]. Its resources account to more than 1.3 The first oil was extracted.

Oil 231
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Lawrence Livermore and Navajo Nation to partner in energy efforts

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LLNL and the Navajo Nation plan to collaborate in an array of areas including energy security; carbon sequestration; coal gasification; shale gas; enhanced oil recovery; wind, geothermal and solar; environmental studies and other areas. American Indian tribes in the United States own about 15% of the natural resources in the country.

Energy 218
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EIA projects decline in transportation sector energy consumption through 2037 despite increase in VMT, followed by increase

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Continued growth of on-road travel increases energy use later in the projection period because current fuel economy and greenhouse gas standards require no additional efficiency increases for new light-duty vehicles after 2025 and for new heavy-duty vehicles after 2027. trillion miles in 2018 to 3.5 Other findings.