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

Green Car Congress

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. Utilities should keep repeating steps 1 - 3 until their systems run on 80 – 90% renewables.

Renewable 399
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Renewables to overtake coal as largest global electricity source in 2025

Teslarati

During the COP28 climate conference held in Dubai last month, world leaders from over 130 national governments agreed to set a goal to triple world renewable energy installations by 2030. Success in meeting the tripling goal will hinge on this.”

Coal 130
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Tesla highlights the Megapack site replacing Hawaii’s last coal plant

Teslarati

Tesla has highlighted a Megapack project that went live in Hawaii earlier this year, which is effectively replacing the state’s last coal plant. Nearby Chairman Anthony Makana says that the BESS project allowed for the “sunsetting of one of the dirtiest polluters in our community,” referring to the coal plant.

Coal 143
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Renewables have overtaken fossil fuel as Italy’s main power source

Teslarati

According to a statement last week from Italy’s grid operator, renewable energy overtook fossil fuels as the lead source of electricity generation in the first six months of the year. percent during the same period in 2023, while fossil fuels saw a 19-percent decrease year over year, and coal production dropped steeply by 77.3

Renewable 140
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JERA and IHI to demo ammonia co-firing at a large-scale commercial coal-fired power plant

Green Car Congress

This will be the world’s first demonstration project in which a large amount of ammonia will be co-fired in a large-scale commercial coal-fired power plant. Earlier in May, JERA and Yara agreed to cooperate in the ammonia value chain business, including development of a blue ammonia production plant.

Coal 348
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DOE announces $64M for research into future coal power plants

Green Car Congress

The US Department of Energy (DOE) announced up to $64 million in federal funding for cost-shared research and development (R&D) projects under the funding opportunity announcement ( DE-FOA-0002057 ), “Critical Components for Coal FIRST Power Plants of the Future.”. —Assistant Secretary for Fossil Energy Steven Winberg.

Coal 335
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Equinor and RWE to develop hydrogen-fired power plants in Germany, Norway-to-Germany hydrogen pipeline

Green Car Congress

The partners aim to replace coal-fired power plants with hydrogen-ready gas-fired power plants in Germany, and to build production of low carbon and renewable hydrogen in Norway that will be exported through pipeline to Germany. Building production facilities in Norway to produce low carbon hydrogen from natural gas with CCS.

Norway 468