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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.
Devised by Professor Yulong Ding and Dr Harriet Kildahl from the University of Birmingham’s School of Chemical Engineering, the system is detailed in an open-access paper published in the Journal of Cleaner Production. If implemented in the UK alone, the system could deliver cost savings of £1.28 —Kildahl et al. Kildahl et al.
Natural gas will represent around half of Shell’s total production by 2012, said Shell CEO Peter Voser in a speech at the Woodrow Wilson Center in Washington DC on 8 October. Within [the global energy] market, oil and gas are both indispensable and our core business. His talk was describing the energy company of the future.
President Obama’s plan, which sidesteps the need for Congressional involvement by relying on a wide variety of executive actions, has three main components: Reducing greenhouse gas emissions in the US. Reducing greenhouse gas emissions in the US. of greenhouse gas emissions to 3% by 2020. Other efforts will include: Natural Gas.
Greenhouse gas emissions (GHGE) from the Information and Communication Industry (ICT) could grow from roughly 1–1.6% Telecommunications networks and data centers consume a lot of energy to serve you and most data centers continue to be powered by electricity generated by fossil fuels. It’s the energy consumption we don’t see.
The ICCT has conducted a comprehensive global and temporal life-cycle assessment of GHG emissions from a variety of alternative passenger car powertrains and fuels. This study considers the fuel and electricity consumption in average real-world usage instead of solely relying on official test values.
This development is consistent with Air Products’ growth strategy of executing global megaprojects that enable a transition to a cleaner, more sustainable energy future. The new facility will capture more than 95% of CO 2 produced by generating hydrogen from the feedstock natural gas and store it safely back underground (i.e.,
Current levels of investments in low-carbon technology and infrastructure are substantially lower than the $500 billion per year deemed necessary by the International Energy Agency (IEA) to hold the increase of global average temperatures below 2 °Celsius—the target agreed to in Cancun last year.
An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. of global and 17% of European reserves. million (US$12.8
Meeting the goal of cutting US oil dependence depends largely on two things, Obama said: finding and producing more oil at home, and reducing dependence on oil with cleaner alternative fuels and greater efficiency. We’re also exploring and assessing new frontiers for oil and gas development from Alaska to the Mid- and South Atlantic.
Global sales of passenger vehicles increased from 75.4 The auto industry’s production capacities are far from fully used; PricewaterhouseCoopers (PWC) estimates current global vehicle assembly capacity at almost 95 million, the report notes. Rising sales translate into an ever-expanding global vehicle parc. million to 78.6
The International Energy Agency reported on Tuesday that global warming emissions reached a record level in 2018, despite efforts in the U.S., Europe, and China to reduce emissions with more sales of electric cars and cleaner power. Greenhouse gas emissions increased faster in 2018 than during any of the past six years.
Bank of America has joined Stanford University’s Global Climate & Energy Project (GCEP), a collaboration of academic and business experts that identifies and supports new avenues of research to make environmentally sustainable, low-cost energy available to everyone. All of humankind needs energy that is reliable, cleaner and more affordable.
In a fairly bleak assessment of global progress towards low-carbon energy, the International Energy Agency (IEA) concluded that, despite a few bright spots such as the rapid expansion of renewable technologies and the growth of hybrid and EV sales, the progress is far below that required to achieve a 2 °C pathway—i.e., Source: IEA.
Canada can succeed economically while meeting targets to reduce greenhouse gas emissions, according to an economic modelling study commissioned by the Pembina Institute and the David Suzuki Foundation. The second target is derived from analysis of the emission reductions needed to limit average global warming to 2 °C.
As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. Click to enlarge. Outlook for Energy.
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. Global energy investment totalled more than US$1.8
New research by economic and public policy consulting group M.Cubed finds a proliferation of backup generators across California, with nearly 90% being diesel-fueled, posing significant obstacles to achieving greenhouse gas reduction targets and driving nearly $136 million in annual health costs. Of these, 20,907 are diesel-fueled.
Based on the Sanskrit word for zero, Shoonya will create a verification and branding system for electric delivery vehicles and the packages they deliver. Even when electricity sector emissions are included, pollution from EVs are still less than gas-powered vehicles, and will only get cleaner as the grid decarbonizes.
naturally aspirated methanol engine providing 97kW (130HP) of power and 175 N·m of max torque together with an electric motor providing 100kW (134HP) of power and 320 N·m for a combined 272kW (364HP) and 495 N·m of torque. In the face of rising globalgas prices, methanol fuel offers a viable cleaner affordable alternative, Geely said.
Analysts at the International Council on Clean Transportation (ICCT) have reviewed recent research into the greenhouse gas emissions from the manufacturing of lithium-ion batteries for electric vehicles. They note that the the impacts of battery production on electric vehicles’ overall emissions is “an especially complex topic”.
Market growth comes in large part from demand for cleaner diesel fuel and the availability of newer technology and nanotechnology. Hydroprocessing catalysts—used to create cleaner fuels, especially ULSD—are the fastest-growing refinery catalysts. Refinery catalyst markets will reach $4.3 billion in. 2018, up from $3.2
SGH2’s gasification process uses a plasma-enhanced thermal catalytic conversion process optimized with oxygen-enriched gas. The end result is high purity hydrogen and a small amount of biogenic carbon dioxide, which is not additive to greenhouse gas emissions. —Lancaster Mayor R. Rex Parris.
Chicago Mayor Rahm Emanuel and Smith Electric Vehicles announced that Smith will open an electric vehicle manufacturing facility in Chicago. The Chicago Department of Transportation (CDOT) announced a $15-million incentive program that will encourage companies and individuals to modernize their fleets and convert to electric vehicles.
This structure will produce up to 30,000 kWh per year and provide enough solar energy to charge six electric vehicles per day. This solar tree is an ideal addition because not only does it provide a space to charge our electric vehicles, but it’s another step in our journey toward cleaner energy use. In the United States, 1.4%
FedEx Express has exceeded its original goal of a 20% improvement in global vehicle fleet fuel economy by 2020, as compared to 2005, with a more than 22% cumulative improvement in fuel economy for its vehicles. The unit of FedEx Corp has accordingly set a a new target of 30% improvement in fuel efficiency for its global vehicle fleet by 2020.
The new contracts result from a plan recommended by SCE in response to state forecasts of local reliability needs due to the closure of the San Onofre Nuclear Generating Station and anticipated retirement of older, natural gas generation plants along the Southern California coastline that rely on ocean water for their cooling needs.
After the projects are complete this fall, GM will house more than 38 MW of solar power at 13 facilities around the world and more than 60 MW of renewable energy globally when combined with its landfill gas and biomass energy use. —Rob Threlkeld, GM global renewable energy manager.
Dow, a leading global materials science company, and X-energy , a nuclear energy innovation company, signed a letter of intent which will help Dow advance its carbon emissions reduction goals through the development and deployment of X-energy's advanced small modular nuclear reactor (SMR) technology in the US.
With these technologically advanced tires, adapted for heavy-duty transportation, Michelin is supporting the transition to cleaner, more efficient electric mobility solutions that offer greater range. Michelin will provide low-rolling resistance tires that combine safety, longevity, environmental protection and increased load capacity.
For the first time since UCS began the Automaker Rankings report in 2000, all eight major automakers reduced their average greenhouse gas (GHG) and smog-forming emissions compared to their fleet averages from 1998, the model year examined in the first report. Source: UCS. Click to enlarge.
All large-scale energy systems have environmental impacts, and the ability to compare the impacts of renewable energy sources is an important step in planning a future without coal or gas power. Wind turbines generate electricity but also alter the atmospheric flow, explained first author Lee Miller. degrees Celsius.
The Hertz Corporation is introducing compressed natural gas (CNG) vehicles to its fleet in the US. The expansion of energy-efficient and clean vehicles stems from the launch of Living Journey, Hertz’s global sustainability strategy announced earlier this year.
The 2017 edition of the BP Energy Outlook , published today, forecasts that global demand for energy will increase by around 30% between 2015 and 2035, an average growth of 1.3% per year rise expected in global GDP, reflecting improved energy efficiency driven by technology improvements and environmental concerns. billion by 2035.
Shell and its affiliates will build two additional small-scale natural gas liquefaction units to provide liquefied natural gas (LNG) fuel for marine and heavy-duty on-road customers in North America. Shell is also working to use natural gas as a fuel in its own operations. The new Mountains scenario: gas as the energy backbone.
US President Joe Biden announced a new target for the United States to achieve a 50-52% reduction from 2005 levels in economy-wide net greenhouse gas (GHG) emissions in 2030. In 2019, US greenhouse gas emissions totaled 6,558 million metric tons of carbon dioxide equivalents (MMT CO 2 Eq.), or 5,769 MMT CO 2 Eq. or 5,769 MMT CO 2 Eq.
BRS is the only steel mill in North America to combine an electric arc furnace (EAF) with a Ruhrstahl Heraeus (RH) degasser for cleaner, more formable steels. It sets a global benchmark for leading practices in environmental, social and governance (ESG) responsibility for steel production.
Our test shows that as well as electric driving on renewable electricity, there are other concepts that permit long-distance, low-emission driving. As a result, the synthetic fuels assure a more effective mixture preparation process, cleaner combustion and lower emissions.
The US-China Electric Vehicles Initiative builds on the first-ever US-China Electric Vehicle Forum in September 2009. The two leaders emphasized their countries’ strong shared interest in accelerating the deployment of electric vehicles in order to reduce oil dependence, cut greenhouse gas emissions and promote economic growth.
In addition to waste methanol, other potential feedstocks include: biogas from dairy waste, food wastes, agricultural waste, as well as excess electricity and CO 2 , resulting in ultra-low carbon to carbon-negative DME. DME is a hydrogen-rich molecule that handles like propane, or liquefied petroleum gas (LPG).
The cap-and-trade program also works in concert with other measures, such as standards for cleaner vehicles, low-carbon fuels, renewable electricity and energy efficiency, and complements and supports California’s existing efforts to reduce smog-forming and toxic air pollutants. Click to enlarge.
Advanced biofuels, concentrated solar power (CSP), and solar photovoltaic power (PV) will see accelerating adoption and growth and are on track to change the global energy mix far earlier than is often assumed, according to a new report from The Boston Consulting Group (BCG). Cleaner coal through carbon capture and sequestration.
a provider of small-scale gas-to-liquids (GTL) technology. Greyrock’s systems are designed to transform a variety of gas resources (including natural gas, flare gas, bio-gas, natural gas liquids, and other feedstocks) into premium transportation fuels. —Andrew Hinkly, Managing Partner AP Ventures.
United Airlines has become the first US airline to publicly commit to reducing its own greenhouse gas emissions by 50% by 2050, relative to 2005. Carinata is the first oilseed to be certified sustainable by the Roundtable on Sustainable Biomaterials (RSB), the independent global standard and certification program for sustainable biofuels.
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