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

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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. coal and gas), significantly reducing the overall levelised cost of electricity.

Renewable 399
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Siemens Completes Successful First Firing of PetroAlgae’s Biomass Fuel in Pilot Plant-scale Pulverized Coal Burner

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The biocrude fuel was combined with pulverized coal in a pilot-scale burner with a thermal capacity of approximately 4 MBtu/hr. Some mixing of the pulverized coal and biocrude took place within the fuel injector prior to combustion of the mixture. Up to 10% of the total heating value was provided by the biomass in these tests.

Coal 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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While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). thousand terawatt-hours in 2018, up from 6.4 thousand in 2017.

Coal 243
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Keliber says studies show its lithium hydroxide will have smaller carbon footprint than most of the competition

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Keliber, a Finnish mining and battery chemical company that aims to start the sustainable production of battery-grade lithium hydroxide, has analyzed the CO 2 emissions generated by its future production using two studies. Keliber plans to begin production in 2024. Keliber benefits from an integrated production process.

Carbon 418
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Consortium led by POSCO, Samsung SDI to build $54M cathode materials plant in Chile for EVs

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A consortium led by South Korea’s POSCO and Samsung SDI, and including China’s Sichuan Fulin Industrial Group and Chile’s Molyment, has won a bid to build a cathode materials plant in Chile to support that country’s Li-ion batteries project. POSCO has also acquired a 4.75% stake in the mining company.

Chile 186
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BG Group sanctions US$15B coal seam gas to LNG project; first such

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BG Group has approved implementation of the first phase of a US$15-billion project to convert coal seam gas (CSG) to LNG—the first major commercial project to do so. First LNG exports are planned to commence from 2014, underpinned by agreements in Chile, China, Japan and Singapore for the purchase of up to 9.5 Source: QCLNG EIS.

Coal 210
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Global geothermal industry passes 12,000 MW operational

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Financing was announced for projects in Costa Rica, Dominica, Djibouti, Ethiopia, Indonesia, Japan, Kenya, Mexico, Tanzania, and the United States, while projects in drilling and start-of-construction phases made headway in Chile, Germany, Guatemala, Italy, Japan, Montserrat, The Philippines, Rwanda, and Zambia.