Remove Affordable Remove Coal Remove Gas-Electric
article thumbnail

Wärtsilä report finds accelerated adoption of renewables can reduce electricity production costs by up to 50%

Green Car Congress

The Front-Loading Net Zero report states that electricity production costs could be reduced by up to 50% by 2050 if countries and states adopt 100% renewable systems faster than currently planned. The report says that carbon neutral systems can provide cheaper electricity compared to current fossil-fuel-based systems.

Renewable 399
article thumbnail

MIT Report Finds Natural Gas Has Significant Potential to Displace Coal, Reducing Greenhouse Gas Emissions; Role in Transportation More Limited

Green Car Congress

Natural gas will play a leading role in reducing greenhouse-gas emissions over the next several decades, largely by replacing older, inefficient coal plants with highly efficient combined-cycle gas generation, according to a major new interim report out from MIT.

MIT 240
article thumbnail

IEA: time to tap into hydrogen’s potential to play a key role in a clean, secure and affordable energy future

Green Car Congress

In a major new report on hydrogen, the International Energy Agency says that the time is right to tap into hydrogen’s potential to play a key role in a clean, secure and affordable energy future. A wide variety of fuels are able to produce hydrogen, including renewables, nuclear, natural gas, coal and oil.

Clean 255
article thumbnail

DOE to Award Up to $55 Million in Funding to Develop Advanced Carbon Capture Technology at Existing Coal-Fired Power Plants

Green Car Congress

The US Department of Energy (DOE) will make up to $55 million available to develop advanced technologies that can capture carbon dioxide from flue gases at existing power plants so that the greenhouse gas may be sequestered or put to beneficial use. Earlier post.) Earlier post.)

Coal 199
article thumbnail

Obama sets goal of reducing US oil imports by 1/3 by 2025; domestic and Western Hemisphere production, natural gas, biofuels, electric vehicles, fleet purchases

Green Car Congress

This includes almost 24 million inactive leased acres in the Gulf of Mexico, which potentially could hold more than 11 billion barrels of oil and 50 trillion cubic feet of natural gas. We’re also exploring and assessing new frontiers for oil and gas development from Alaska to the Mid- and South Atlantic. And we have to do it quickly.

Obama 268
article thumbnail

Maverick Synfuels introduces affordable small-scale methane gas-to-liquid modular methanol plants

Green Car Congress

The Maverick Oasis system allows producers to monetize biogas and natural gas (including associated or flare gas, and stranded gas reserves), as an alternative to producing electricity or venting greenhouse gases into the atmosphere. —Jeff Harrison, Maverick’s Chief Engineering Officer.

Gas 210
article thumbnail

RAND study concludes use of alternative fuels by US military would convey no direct military benefit; recommends energy efficiency instead

Green Car Congress

If the US military increases its use of alternative jet and naval fuels that can be produced from coal or various renewable resources, including seed oils, waste oils and algae, there will be no direct benefit to the nation’s armed forces, according to a new RAND Corporation study. ” —James Bartis, lead author.