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In a new piece of research, BloombergNEF (BNEF) finds that the levelized cost of hydrogen (LCOH 2 ) made from renewable electricity is set to fall faster than it previously estimated. MMBtu) by 2050 in most modeled markets. MMBtu) by 2050 in most modeled markets. The key driver is the falling cost of solar PV electricity.
will be updated with a Cummins X15N natural gas engine ( earlier post ) that will run on Shell Renewable Natural Gas (RNG). will capitalize on some of the latest available technology, including being powered by renewable natural gas. At ACT Expo in Anaheim, Shell announced that Shell Starship 3.0 Shell Starship 3.0 Starship 2.0
Solid-oxide-fuel-cell manufacturer Bloom Energy is entering the commercial hydrogen market by introducing hydrogen-powered fuel cells and electrolyzers that produce renewable hydrogen. The Bloom Energy Servers are a proven market leader in clean, reliable, and resilient on-site power. million hydrogen cars by 2040.
Self Financial, a fintech company, has compared the running costs of electric and non-electric vehicles in each state. Across the US the average annual cost of running an electric vehicle is $2,721.96, while gasoline vehicles cost an average of $3,355.90 per year to run—a difference of $633.94
The US Energy Information Administration (EIA) forecasts that prices in US wholesale electricity markets this summer will significantly increase over last summer’s prices. EIA forecasts summer electricity prices will average $98/MWh in California’s CAISO market and $90/MWh in the ERCOT market in Texas. MMBtu in May 2021.
Owning a plug-in electric vehicle today will save consumers thousands of dollars compared to owning a gas-powered vehicle, according to a new analysis by Consumer Reports comparing electrics to CR’s top-rated vehicles, as well as the best-selling, most efficient, and best-performing gasoline-powered vehicles on the market.
A new analysis by Consumer Reports finds that owners of plug-in electric vehicles are spending half as much on maintenance and repair as the owners of similar gas-powered vehicles. Average maintenance/repair costs over vehicle lifetime. —Gabe Shenhar, associate director of CR’s Auto Test Center.
REPAIR teams will develop natural gas transmission pipeline retrofitting technology to rehabilitate existing cast iron and bare steel pipes by creating new, robust pipes inside of old ones. Natural gas is a crucial energy source for 75 million American households and businesses. —ARPA-E Director Lane Genatowski.
Southern California Gas Co. SoCalGas) is partnering with a development team to advance a new process that converts natural gas to hydrogen, carbon fiber, and carbon nanotubes. —Yuri Freedman, SoCalGas senior director of market development. The global CNT market was estimated at approximately $3.5
natural gas engine. also meets 2021 EPA greenhouse gas emission (GHG) requirements. natural gas engine is available with ratings from 200 to 240 hp and up to 560 lb-ft. All CWI engines offer customers the choice of using compressed natural gas (CNG), liquefied natural gas (LNG), or renewable natural gas (RNG) as a fuel.
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. Low-carbon gas.
The US Department of Energy, National Renewable Energy Laboratory (NREL), California Energy Commission, and South Coast Air Quality Management District (SCAQMD) have teamed up to launch new research focused on medium- and heavy-duty natural gas engines and vehicles. Lowering the Total Cost of Ownership.
The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. The latter cost at $74 and $81 per MWh, respectively.
Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. —Joseph McMonigle, secretary general, IEF.
The US Environmental Protection Agency (EPA) is proposing comprehensive new regulations to reduce methane emissions from the oil and natural gas industry—including, for the first time, reductions from existing sources nationwide. Methane is a potent greenhouse gas that traps about 30 times as much heat as carbon dioxide over 100 years.
Ammonia prices generally follow natural gas prices because ammonia is produced primarily from natural gas. Generally, prices of commodity chemicals (ammonia) closely correlate with prices of feedstock (natural gas). Although US natural gas prices also rose, they ended the 2021–22 heating season at close to $5.00/MMBtu,
Wärtsilä has launched the 31SG pure gas engine for marine market applications. The Wärtsilä 31SG engine further reduces the total cost of ownership and the environmental footprint for vessels operating in regions where there is a developed gas infrastructure. MW, at 720 and 750 rpm.
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 —Zach Broussard, Director of Gold H2 at Cemvita. billion in 2020.
Chevron is partnering with California natural gas retailer Clean Energy Fuels Corp. on Adopt-a-Port, an initiative that provides truck operators serving the ports of Los Angeles and Long Beach with cleaner, carbon-negative renewable natural gas (RNG) to reduce emissions.
The US Department of Energy announced up to $64 million in funding ( DE-FOA-0002229 ) to advance innovations that will build new markets for the H2@Scale initiative ( earlier post ).
T&E estimates this to be equivalent to around 9% market share of new registrations in 2018. Nearly half of delivered and ordered electric buses come from three manufacturers: BYD: 600 units sold and a 20% market share. The are currently about 1,600 electric buses are on European roads, with another 1,600 on order (as of mid-2018).
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., Air Products contracted the Pembina Institute to conduct an independent assessment of the greenhouse gas emissions of the proposed Alberta Blue Hydrogen Hub project.
The United States has an extensive network of approximately 3,000,000 miles of natural gas pipelines and more than 1,600 miles of dedicated hydrogen pipeline. However, blend limits depend on the design and condition of current pipeline materials, of pipeline infrastructure equipment, and of applications that utilize natural gas.
The study highlights that solar powered green hydrogen is economically viable and can be produced at less than €2 per kilogram—cheaper than traditional fossil fuel energy—and cater for local energy demand as well as allowinf green hydrogen to be exported to global markets. This is equivalent to energy costs of US$60 a barrel.
Yet, the lack of established process and business models defining “green steel” make it difficult to understand what the respective H 2 price has to be in order to be competitive with commercial state-of-the-art natural gas DRI. … When using H 2 only for iron ore reduction, economic viability is reached at an H 2 procurement cost of $1.70
By operating the all-electric TRUs, UNFI anticipates it will save approximately 135,000 gallons of diesel fuel per year while reducing particulate matter pollutant emissions and greenhouse gas emissions. Nearly 50 percent of UNFI’s direct greenhouse gas emissions are from our fleet of trucks and trailers.
The results suggest a transformative opportunity to unlock the Gulf’s potential as a cost-effective source of low-carbon hydrogen for Europe. With abundant renewable energy sources (RES) and natural gas reserves, the Gulf region is set to become a leading global producer of green and blue hydrogen, ammonia and other synthesis products.
The report models Germany, India, and California—three markets with vastly different socio-economic dynamics, energy systems, and challenges—describing the cost-optimal path towards 100% renewable power systems in each region. coal and gas), significantly reducing the overall levelised cost of electricity.
Percent of total miles completed on the Lyft platform in EVs and business-as-usual projection for California, the US leader in EV market share. Although the upfront cost of EVs today is higher than gas-powered cars, EVs have lower fuel and maintenance costs that mean lower costs for drivers over the life of the vehicle.
A first concrete operational step is the announcement of the signature of an additional MoU between Hyzon and TotalEnergies, this time through its French affiliate TotalEnergies Marketing France, which oversees its service-stations network and new mobilities solutions in France. We are therefore excited about this partnership with Hyzon.
The process generates H 2 from natural gas or coal through steam reforming and combines it with N 2 , which has been separated from air by a cryogenic process, to form NH 3. C and pressures above 200 bar to be facile, and therefore the capital cost of plant and equipment is substantial.
We at Advent are committed to bringing HT-PEM technology to the market. Emory DeCastro, Advent’s Chief Technology Officer, added that these developments have the potential to drop overall fuel cell system costs by 25% and enable higher power density and simplify packaging constraints.
When electricity is in high demand and more valuable, the pressurized gas is allowed to warm, turning a turbine as it expands and thus generating energy that can be used at peak times when the sun is not shining and the wind is not blowing. The US energy storage market is expected to surge over 700% to nearly $5.4
Green hydrogen generated by water electrolysis, a process that takes place without CO 2 emissions, has the advantage of being able to use the existing capillary gas infrastructure. Hydrogen will achieve Total Cost of Ownership parity with diesel by 2030, even without additional incentives. refining, high-heat processes).
Methane hydrate is studied for its ability to capture and trap gas molecules such as carbon dioxide under high pressure. This process worked well; however, the chemical bonds require energy to break them down, which drives up the cost of the CO 2 capture operation. Xiang et al.
The high-temperature (HT) PEM technology operates at 160-180 °C and has a high resistance to impurities in reformat gas—making it suitable to combine with fuel reformers. The combination can be done without the implementation of expensive and cumbersome clean-up technologies which enables a simple and cost-effective system design.
In order to develop these projects and to establish hydrogen-based transportation as a viable option, both companies want to jointly investigate the means of reducing the Total Cost of Ownership (TCO) of hydrogen truck operations, in line with their common approach to work together with authorities on the regulatory framework in the European Union.
An upgrade from the previous fueling station offering oil, gas, hydrogen, electric charging services, the integrated complex can produce 1,000 kilograms of hydrogen a day, with a purity of 99.999%. Sinopec’s solution has tackled the bottlenecks of low transport capacities, high costs and long loading times.
It will work also with partners to develop interim 2025 and 2030 targets, and additional mandatory measures that may be needed beyond Canada’s light-duty vehicle greenhouse gas emissions regulations.
has closed a $68,155,000 “Green Bond” private activity bonds offering to finance the construction of its renewable natural gas (RNG) project in Northwest Iowa. Gevo is working with a major RNG dispenser to finalize an agreement to sell the RNG into the California market. The RNG Project will generate RNG captured from dairy cow manure.
FLECCS project teams will work to develop carbon capture and storage (CCS) processes that better enable technologies, such as natural gas power generators, to be responsive to grid conditions in a high variable renewable energy (VRE) penetration environment. The team’s approach uses a novel and low-cost heat-pump thermal storage system.
The operating costs associated with electric vehicles are roughly one-third those of their gas-powered counterparts. 4 Without safety drivers, Tesla has suggested that, at scale, its robotaxi rides will cost consumers only $0.30-0.40 cents per mile, 5 slightly higher than ARK’s estimate of ~$0.25
The Responsible Battery Coalition, in partnership with the University of Michigan Center for Sustainable Systems, launched a comprehensive research project to compare the total cost of ownership of gas and electric vehicles (EVs). —Steve Christensen, Executive Director of RBC. Anticipated driving patterns.
In a new report produced at the request of Senator Chuck Schumer (D-NY) and Senator Sherrod Brown (D-OH), the Center for Transportation and the Environment (CTE) concluded that a the entire US transit fleet could transition to zero-emission vehicles (ZEVs) by 2035 at a cost of between $56.22 billion and $88.91 billion on the low end and $60.02
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