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UK-based Expleo, a global engineering, technology and consultancy service provider, has developed a closed-loop fuel solution for global shipping that delivers a 92% reduction in greenhouse gas emissions (GHGe) in the model vessel. —Jonathan Taylor, VP of Marine, Expleo. million (US$1.7
Volvo Cars has published a lifecycle analysis report on its second fully electric car, the C40 Recharge, which shows the potential CO 2 reductions if a car is built and charged using clean energy sources. However, a significantly lower carbon footprint is achieved when charging the car with renewable electricity, such as wind power.
The Covid-19 crisis in 2020 triggered the largest annual drop in global energy-related carbon dioxide emissions since the Second World War, according to IEA data, but the overall decline of about 6% masks wide variations depending on the region and the time of year. Many economies are now seeing emissions climbing above pre-crisis levels.
bp and EnBW have been awarded a lease option off the east coast of Scotland to develop a major offshore wind project to be known as Morven. The E1 lease is in an advantaged area, allowing the partners to develop it as a fixed-bottom offshore wind project with a total generating capacity of around 2.9
The US Department of Energy (DOE) released its 2023 Critical Materials Assessment (2023 CMA), which evaluated materials for their criticality to globalclean energy technology supply chains. The Assessment focuses on key materials with high risk of supply disruption that are integral to clean energy technologies.
Extracting energy from the wind causes climatic impacts that are small compared to current projections of 21 st century warming, but large compared to the effect of reducing US electricity emissions to zero with solar. They find that large-scale wind power generation would warm the Continental United States 0.24 degrees Celsius.
The US Department of Energy (DOE) is awarding a total of $125 million to support 110 clean energy technology projects (DE-FOA-0002381). Low Total Cost of Hydrogen by Exploiting Offshore Wind and PEM Electrolysis Synergies. Within that total, DOE’s Office of Energy and Efficiency and Renewable Energy (EERE) will award $57.6
The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report.
BloombergNEF has issued a research note highlighting some of the likely effects of the coronavirus COVID-19 outbreak over the next year on the transition to a clean economy: including renewable power, energy storage, electric vehicles, heating, cooling and the circular economy. Chart: BloombergNEF.
Carbon Clean, a developer of low-cost carbon capture technology, has entered into an agreement with power-to-fuels developer Liquid Wind. Carbon Clean’s technology will capture biogenic carbon dioxide emissions from a local industrial site. The initial project will be built in Örnsköldsvik, on the north east coast of Sweden.
The California Sustainable Energy Entrepreneur Development (CalSEED) program announced that the fourth cohort of innovative clean energy concepts has been approved by the California Energy Commission (CEC); 28 companies out of 212 were selected to receive grants of $150,000 each. Details of the 28 companies awarded a total of $4.2
In 2021, global investment in the low-carbon energy transition totaled $755 billion, up 27% from $595 billion in 2020 and just $264 billion in 2011, according to Energy Transition Investment Trends 2022, a new report published by research firm BloombergNEF (BNEF). degrees of global warming. from the year prior.
Niron will use the funding to build its pilot production facility in Minnesota and accelerate the development of its Clean Earth Magnet technology. Niron’s Clean Earth Magnet technology eliminates the need for rare earth content in magnets and uses iron and nitrogen instead to deliver better performance and lower costs.
In a speech at the National Press Club, US Energy Secretary Steven Chu said that the success of China and other countries in clean energy industries represents a new “Sputnik Moment” for the United States, and will require a similar mobilization of innovation to enable the US to compete in the global race for the jobs of the future.
Niron will use this financing to advance the commercial partnerships and pilot production of its rare earth-free Clean Earth Magnet, further demonstrating its potential to replace rare earth permanent magnets. Niron’s Clean Earth Magnets are permanent magnets made from iron nitride (FeN) using widely available commodity raw materials.
Rare earth materials are essential to a variety of economic sectors, including healthcare and clean energy. Disruptions to this supply can have wide-ranging consequences, but the understanding of how those disruptions play out in global markets is limited. China dominates the global rare earths market. —Riddle et al.
A new World Bank Group report finds that the production of minerals, such as graphite, lithium and cobalt, could increase by nearly 500% by 2050, to meet the growing demand for clean energy technologies. Source: “Minerals for Climate Action: The Mineral Intensity of the Clean Energy Transition”.
billion in 17 large-scale innovative clean-tech projects with a third round of awards under the Innovation Fund. Hydrogen (3 projects): In the Netherlands, one project will produce, distribute and use green hydrogen through an electrolyzer supplied by offshore wind electricity. The EU is investing more than €1.8
Globalclean energy investment was $67.8 billion in the third quarter of 2018, down 6% from the same period last year, according to the latest Clean Energy Investment Trends report from research company Bloomberg NEF (BNEF). Public markets investment in clean energy jumped 120% to $3.1 —Colin McKerracher.
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. The world should not miss this unique chance to make hydrogen an important part of our clean and secure energy future. —Dr Birol.
To increase the share of hydrogen in the final energy demand to enlarge the low-carbon energy sources share in the global energy mix and promote the environmental sustainability. Hydrogen is a strategic area in the global development of clean energies and in which EDP aims to invest worldwide.
New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. The decline was not confined to China, however.
As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA. —IEA Executive Director Fatih Birol.
The US Department of Energy (DOE) released a Notice of Intent (NOI) ( DE-FOA-0002768 ) to fund the Bipartisan Infrastructure Law’s (BIL) $8-billion program to develop regional clean hydrogen hubs (H2Hubs) across America. Can be developed into a national clean hydrogen network to facilitate a clean hydrogen economy.
billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. Global investment in carbon capture and storage (CCS) tripled to $3 billion, and that in hydrogen was $1.5 billion, level with 2019 despite falling unit prices.
After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas.
This award marks the first Advanced Class Gas Turbines in the industry specifically designed and purchased as part of a comprehensive plan to sequentially transition from coal, to natural gas and finally to renewable hydrogen fuel, and creates a roadmap for the global industry to follow. and Hitachi, Ltd.
The eight are the first tranche of 30 Beam Global (formerly Envision Solar) EV ARC charging stations to be deployed by EA in rural areas of the state. EV ARC units are independently rated to withstand winds up to 120 mph and floods up to 9.5 feet and can operate in the event of a blackout or power outage.
Seeking to slash CO 2 emissions from its North American manufacturing operations, Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that will cover more than 60% of the electricity that Honda uses in North America. will deliver to the grid by the end of 2020.
Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Equinor has announced plans to invest $10B into clean energy by 2025, mostly through its offshore wind portfolio. 2 Total SA.
For the implementation of a sustainable energy economy, the greatest challenge is the weather-depending, fluctuating electricity production of wind and solar power plants. To store the green electricity in a highly scalable way, it must be converted into chemical energy. Additionally, H 2 O is needed for water splitting.
Traditional methods of producing hydrogen without greenhouse gas emissions (green hydrogen) include electrolysis powered by renewable sources such as wind, solar, or hydro. According to recent studies, the global green hydrogen market size was valued at US$0.3 billion in 2020. It is growing at a CAGR of 54.7% billion by 2028.
Energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany.
GE Renewable Energy has made an agreement with Chicago-based Invenergy, a globalclean energy developer and operator, to provide wind turbines for the 1.48 gigawatt North Central Wind Energy Facilities in Oklahoma.
We combine a best-in-class fuel cell solution with a long history of being a trusted engineering partner to leading companies in the global maritime industry. The partnership with AVL has already resulted in bringing to production the TECO Future Funnel, a complete exhaust gas cleaning system. —Tore Enger, CEO of TECO 2030 ASA.
Ferry operator Scandlines signed an agreement with Norsepower Oy Ltd, leading clean technology and engineering company pioneering modern wind propulsion technology, to install Norsepower’s Rotor Sail Solution on board the M/V Copenhagen , a hybrid passenger ferry. Illustration of Scandlines hybrid ferry M/V Copenhagen with Rotor Sail.
By splitting water into hydrogen and oxygen, this technology delivers “green” hydrogen, a clean, CO 2 -free energy carrier. The only inputs needed are water and renewable electricity from wind, hydro power or photovoltaics. thyssenkrupp recently introduced industrial-scale water electrolysis for large projects. 20 MW module.
In today’s Electrek Green Energy Brief (EGEB): New Jersey approves US’s largest combined offshore wind project, Atlantic Shores and Ocean Wind II. Transitioning to clean energy will grow the global economy, as investments will pay off, reports IRENA. Click here to learn more and get your quotes. — *ad.
reported reducing CO2 emissions from global corporate activities in fiscal year 2013 while increasing vehicle production by 5.1%. For example, in Mexico, Nissan is using wind turbines to help run its Aguascalientes plant. Nissan Motor Co.,
The global rare earth market, driven by demand from industries including electric vehicles and offshore wind, is expected to increase five-fold by 2030 and the NdPr oxide price is forecast to increase at a CAGR of 4.8 - 9.9%, underpinning strong economics for the investment. China currently supplies 98% of Europe’s rare earth magnets.
Evidence in NSB’s biennial report Science and Engineering Indicators makes it increasingly clear that the US, Japan, and Europe no longer monopolize the global R&D arena. China led the Asian expansion, with its global share growing from just 4% to 15% during this period. However, the US S&T enterprise remains the global leader.
last year, its fastest pace this decade, an exceptional performance driven by a robust global economy and stronger heating and cooling needs in some regions, according to the IEA. Solar and wind generation grew at double-digit pace, with solar alone increasing by 31%. As a result, global energy-related CO 2 emissions rose by 1.7%
The growth of global industrialization, increasing demand on energy resources and rising carbon emissions are deepening the need for energy infrastructure that is increasingly green, distributed, flexible, and resilient. Increasingly, wind and solar are replacing fossil fuels as our principle source of energy.
In a paper published in Atmospheric Environment , researchers from the Global Centre for Clean Air Research (GCARE) looked at how three types of road-side green infrastructure—trees, hedges, and a combination of trees with hedges and shrubs—affected the concentration levels of air pollution.
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