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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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IEA finds CO2 emissions flat for third straight year even as global economy grew in 2016

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Global energy-related carbon dioxide emissions were flat for a third straight year in 2016 even as the global economy grew, according to the International Energy Agency. gigatonnes last year, the same as the previous two years, while the global economy grew 3.1%, according to estimates from the IEA.

Economy 199
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DOE Coal FIRST Initiative invests $80M in net-zero carbon electricity and hydrogen plants

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The US Department of Energy’s (DOE) Office of Fossil Energy (FE) has selected four projects for cost-shared research and development under the funding opportunity announcement (FOA), DE-FOA-0002180, Design Development and System Integration Design Studies for Coal FIRST Concepts.

Coal 186
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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

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Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. The Administration will also seek to expand bilateral cooperation with major emerging economies.

Obama 249
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Pike Research: total capacity of worldwide spinning reserves for the grid to increase 40% by 2022

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Spinning reserves are power generation or storage assets that can come online quickly to serve as bridge power for the grid to maintain system frequency stability during emergency operating conditions and unforeseen. generation; and the ability of a grid operator or vertically integrated utility to call upon. load swings.

Grid 199
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Study Finds Wind Power Could Meet Chinas Entire Projected Power Demand for 2030

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US cents) per kilowatt-hour for delivery of electricity to the grid over an agreed initial average period of 10 years, it is concluded that wind could accommodate all of the demand for electricity projected for 2030, about twice current consumption. RMB per kilowatt-hour would be sufficient to displace 23% of electricity generated from coal.

Wind 250
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Siemens Gamesa and Siemens Energy investing €120M over 5 years to develop fully integrated offshore wind-to-hydrogen system

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With these developments, the potential of regions with abundant offshore wind will become accessible for the hydrogen economy. It is a prime example of enabling us to store and transport wind energy, thus reducing the carbon footprint of economy. —Christian Bruch, CEO of Siemens Energy.

Wind 417