This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
While there is global potential to generate renewable energy at costs already competitive with fossil fuels, a means of storing and transporting this energy at a very large scale is a roadblock to large-scale investment, development and deployment. Generation 2 moves the Haber-Bosch process to renewable sources of hydrogen.
A coalition of major oil & gas, power, automotive, fuel cell, and hydrogen companies have developed and released the full new report, a “ Road Map to a US Hydrogen Economy. ” Road Map to a US Hydrogen Economy ”. The US is home to industrial sector leaders capable of scaling a hydrogen economy. Road Map to a US Hydrogen Economy.
Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA). For that, today’s manufacturing capacity of less than 1 GW would have to massively grow beyond 100 GW in the next 10 to 15 years.
Researchers at Monash University in Australia have conducted a lifecycle analysis and net energy analysis (LCA/NEA) of a hypothetical large-scale solar-electrolysis plant for the production of green hydrogen. of hydrogen is currently produced via water electrolysis and only a fraction of this production is powered by renewable energy.
BloombergNEF has issued a research note highlighting some of the likely effects of the coronavirus COVID-19 outbreak over the next year on the transition to a clean economy: including renewable power, energy storage, electric vehicles, heating, cooling and the circular economy. Chart: BloombergNEF.
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.
In a commentary in the journal Joule , Rob McGinnis, founder and and CEO of Prometheus , a company that is developing technology to remove carbon dioxide from the air and turn it into fuels, discusses the technology advances that could lead to the potential price-competitiveness of renewable gasoline and jet with fossil fuels.
Groupe Renault is creating the REFACTORY in Flins, the first European circular economy site dedicated to mobility. It will be based on a wide network of partners from all sectors and will revolve around 4 poles of activity, putting into practice the principles of the circular economy at each stage of the vehicle life cycle and mobility.
and Iwatani Corporation announced that Fukushima Hydrogen Energy Research Field (FH2R), which had been under construction in Namie town, Fukushima Prefecture since 2018, has been constructed with a solar-energy-powered 10MW-class hydrogen production unit, the largest in the world, at the end of February.
As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA. —IEA Executive Director Fatih Birol.
Global investment in renewable energy totaled $226 billion in the first half of 2022, setting a new record for the first six months of a year, according to Renewable Energy Investment Tracker 2H 2022, a new report published by research firm BloombergNEF (BNEF). billion raised—up 63% on the previous year.
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. BNEF said that its updated forecast on the levelized cost of renewable electricity (LCOE) is the main driver of the drop in the LCOH 2 projection.
The Australian Renewable Energy Agency (ARENA) is providing $950,000 in funding for gas company BOC for a renewable hydrogen production and refueling project in Queensland. In addition to supplying BOC’s existing industrial customers, 50 kg per day of renewable hydrogen will be produced by BOC for the vehicle refueling station.
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. Bloom’s technologies can be critical in enabling South Korea to execute on its government-mandated Hydrogen Economy Roadmap.
An 8-megawatt solar farm that can supply 13,000 people. All of these sustainable aviation fuels will be made from animal fat, used cooking oil and other waste and residue sourced from the circular economy. The Group will create a dedicated Renewable Fuels Business Unit in May. A logistics and storage hub with a capacity of 1.3
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 a report from S&P Global Commodity Insights, the cost of electrolytic hydrogen from renewable energy spiked as high as $16.80/kg
A University of Colorado Boulder team has developed a new solar-thermal water-splitting (STWS) system for the efficient production of hydrogen. Splitting water with sunlight is the Holy Grail of a sustainable hydrogen economy. Hydrogen Production Solar' A paper on their work is published in the journal Science. Christopher L.
With battery storage able to provide a unique role in balancing a renewable electricity grid, Toby Gill, CEO of Intelligent Power Generation, asks could innovations in green hydrogen and biofuel technologies contribute to a more optimized and economical energy mix? by Toby Gill, CEO, Intelligent Power Generation.
Enel Green Power, through its North American renewable subsidiary Enel Green Power North America, Inc. The project, which is expected to be operational in 2023, will convert renewable energy from one of EGPNA’s solar plants in the United States into green hydrogen to be supplied to a bio-refinery.
Across the US, unforeseen power outages cost the US economy $150 billion annually. In case of a power outage, Quasar 2’s Power Recovery Mode automatically switches the user’s power source from the grid to their vehicle to allow a homeowner to use their EV battery as an emergency generator.
Ford’s Michigan Assembly Plant is starting production of the 2012 Focus Electric ( earlier post )—a five-passenger, battery-electric car Ford expects will achieve more than a 100 miles per gallon equivalent (MPGe) fuel economy rating. Optimized gear ratios enabling improvement in fuel economy. 1 gallon of gasoline=33.7
Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, according to a new report from the International Energy Agency.
billion tonnes, their highest ever level, as the world economy rebounded strongly from the COVID-19 crisis and relied heavily on coal to power that growth, according to new IEA analysis. China was the only major economy to experience economic growth in both 2020 and 2021. In the European Union, they were 2.4%
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). Despite temporary cost rises for renewables, the gap to fossil fuel power generation continues to widen due to fuel and carbon prices rising even faster.
The US Department of Energy (DOE) is awarding $100 million in funding for 10 Energy Frontier Research Centers (EFRCs) to accelerate the scientific breakthroughs needed to build a twenty-first-century energy economy.
Spain-based energy and petrochemical company Repsol has produced renewable hydrogen using biomethane as raw material for the first time. This renewable hydrogen was used to manufacture fuels with a low carbon footprint, such as gasoline, diesel, or kerosene for aviation. Repsol has had a circular economy strategy in place since 2018.
Build a hydrogen production, storage, and refueling complex at Mogalakwena that incorporates the largest electrolyzer in Africa and a solar plant to support the operation of the haul truck. The hydrogen economy provides an opportunity to create new engines of economic activity.
In this case—which reflects only current laws and regulations—renewable energy is the fastest-growing energy source through 2050, while petroleum remains the largest share of energy consumption throughout that period, followed by natural gas.
Each plant will be co-located with solar photovoltaic, wind, and/or hydro-electric plants that will utilize zero-carbon renewable electricity. Plug Power is in the process of negotiating power purchase agreements with renewable energy suppliers.
Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Wind and solar grow from 7% of generation today to 48% by 2050. —Matthias Kimmel, NEO 2019 lead analyst.
The commitments we’re making today not only aim to decarbonize Walmart’s global operations, they also put us on the path to becoming a regenerative company—one that works to restore, renew and replenish in addition to preserving our planet, and encourages others to do the same. —Doug McMillon, president and CEO, Walmart, Inc.
The European Union adopted strategies for energy system integration and hydrogen, paving the way “towards a more efficient and interconnected energy sector, driven by the twin goals of a cleaner planet and a stronger economy.”. The Commission will propose a new classification and certification system for renewable and low-carbon fuels.
Mexico-based global construction materials company CEMEX is partnering with integrated chemicals and energy company Sasol ecoFT and renewable energy company ENERTRAG to combine CO 2 with hydrogen to produce sustainable aviation fuel. The consortium will source green hydrogen generated exclusively from wind and solar energy from ENERTRAG.
The highly ambitious new-build electrolysis facility will be powered entirely by renewable energy, initially 3.4 gigawatts of solar and onshore wind. The most complete analysis will come from partners with expertise in hydrogen, renewable energy generation, and the complex interfaces between them that define projects like Base One.
As an early priority, CEFC will seek investment in projects included in the ARENA Renewable Hydrogen Deployment Funding Round. Hydrogen has the potential to make a substantial contribution to our clean energy transition, reducing emissions across the economy while underpinning the development of an important domestic and export industry.
Scientists at the National Renewable Energy Laboratory (NREL) believe that other strategies besides recycling should be focused on to bolster the circular economy for solar and battery technologies. The post Strengthening circular economy for solar and battery technologies appeared first on Innovation News Network.
The partnership is the first in Jaguar Land Rover’s plans to create new circular economy business models for its vehicle batteries. Second-life battery supply for stationary applications, like renewable energy storage, could exceed 200 GWh per year by 2030, creating a global value of more than $30 billion.
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. There are still some big hurdles to overcome, including the difficult global macroeconomic environment.” “For
General Motors plans to generate or source all electrical power for its 350 operations in 59 countries with 100% renewable energy—such as wind, sun and landfill gas—by 2050. Establishing a 100 percent renewable energy goal helps us better serve society by reducing environmental impact. megawatt solar array powers 1.5%
Growth is led by developing regions such as China, India, Africa and other emerging economies. Additionally, to achieve proposed fuel-economy targets, personal vehicles will need to be smaller and lighter than they are today. Renewable fuels will see strong growth. L/100 km) by 2040. L/100 km) by 2040.
Far less progress was made in other sectors of the economy. Emissions from buildings, industry and other parts of the economy rose, though less than in 2018. Renewables played an important role as well thanks in part to continued cost declines in both wind and solar generation. Coal-driven decline.
Photoelectrochemical (PEC) water splitting based on solar energy is one promising approach for the production of green hydrogen. This, in turn, will help realize hydrogen as an ideal renewable source of energy in the future.
The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content