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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

“In 2024, the entire world is in a stage of reconfiguring supply chains, geopolitics are bringing new challenges to supply chains,” CNESA said in the white paper. That estimate lags the expected growth in sales of energy storage products, which will rise 35% year-on-year globally, according to the white paper.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability. Under a more “ideal” scenario, the association sees China’s new energy storage capacity installations rising 19% year-on-year to 41.2GW, the white paper found.

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Obama Administration outlines strategy for reduction of methane emissions

Green Car Congress

The strategy summarizes the sources of methane emissions, commits to new steps to cut emissions of the potent greenhouse gas, and outlines the Administration’s efforts to improve the measurement of these emissions. Emissions of methane make up nearly 9% of all the greenhouse gas emitted as a result of human activity in the United States.

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BIO says EPA inaction on RFS rule causing an increase in GHG emissions

Green Car Congress

Increased greenhouse gas emissions equal to 4.4 million additional cars on US roads are likely as a result of EPA inaction on finalizing the 2014 Renewable Fuel Standard (RFS) rules, according to a new white paper issued by The Biotechnology Industry Organization (BIO). new coal-fired power plants.

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MIT Energy Initiative Publishes Report on Reducing CO2 Emissions from Existing Coal Plants

Green Car Congress

The MIT Energy Initiative has released a new report on reducing carbon dioxide emissions from existing coal plants. There is no credible pathway toward prudent greenhouse gas stabilization targets without CO 2 emissions reduction from existing coal power plants. We may not see a strong CO 2 price signal for many years.

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DOE Makes First Awards from $1.4B for Industrial Carbon Capture and Storage Projects

Green Car Congress

billion from the American Recovery and Reinvestment Act for the capture carbon dioxide from industrial sources for storage or beneficial use. Noting that coal accounts for roughly 25% of the world energy supply and 40% of the carbon emissions. Roughly 6 billion metric tons of coal are used each year, producing 18 billion tons of CO 2.

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DOE Seeking Comments on Report on Research Strategy for Developing Unconventional Fossil Energy Resources

Green Car Congress

The US Department of Energy (DOE) is seeking comments from industry and academia on a draft report outlining domestic unconventional fossil energy resource opportunities and associated technology applications, in support of an overall strategy for the further development of these resources. Unconventional Fossil Energy”.

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