Remove 2019 Remove Financing Remove Gas-Electric Remove Wind
article thumbnail

2019 Keeling Curve Prize winners include Opus 12; conversion of CO2 into fuels and chemicals

Green Car Congress

The Keeling Curve Prize (KCP) has selected 10 winners for 2019, among them Opus 12 (Berkeley, California) which is developing a device that recycles CO? This reaction is energetically uphill, so electricity must be added to drive the reaction forward, and it is not possible without a new family of CO?-reducing Earlier post.).

2019 207
article thumbnail

These canceled New York offshore wind farms totaling 1.7 GW just officially made a comeback

Baua Electric

Rendering: South Brooklyn Marine Terminal, Empire Wind Equinor’s Empire Wind 1 and Eversource and Ørsted’s Sunrise Wind previously canceled their offshore wind contracts with New York, but now they’re back. Sunrise Wind is scheduled to come online in 2026, and Empire Wind in 2027.

article thumbnail

Rolls-Royce and SOWITEC cooperate on power-to-X projects

Green Car Congress

The plants will use renewable energy sources to generate electrical power that will be used to produce hydrogen with mtu electrolyzers. The mtu gas engine portfolio is currently being prepared for hydrogen as a fuel, thus enabling a CO 2 -neutral energy supply. With more than 4.2

Powered 186
article thumbnail

BNEF: cost of new renewables rises as inflation starts to bite

Green Car Congress

The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. The latter cost at $74 and $81 per MWh, respectively.

Cost Of 210
article thumbnail

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

Green Car Congress

Oil accounts for most of this decline as, for the first time, global consumer spending on oil is set to fall below the amount spent on electricity. This could be particularly detrimental to the outlook in some developing countries, where financing options and the range of investors can be more limited. —Dr Birol.

Global 344
article thumbnail

IEA: global energy investment stabilized above $1.8T in 2018; security and sustainability concerns growing

Green Car Congress

Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review.

2018 191
article thumbnail

Is Europe’s Nuclear Phaseout Starting to Phase Out?

Cars That Think

His plan’s legacy is the dozens of cooling towers rising from the French landscape, marking the nuclear power stations that produce over two-thirds of France’s electricity, by far the highest proportion of any country on Earth. So, incidentally, will natural gas, which the current German government actually favored.)

France 98