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Hydrogen produced with renewable electricity could compete on costs with fossil fuelalternatives 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.
Virgin Atlantic announced the development of a low-carbon, synthetic jet fuel kerosene produced from industrial waste gases with half the carbon footprint of the standard fossil fuelalternative in partnership with LanzaTech and Swedish Biofuels.
million announced by the FAA to help advance alternative, environmentally-friendly, sustainable sources for commercial jet fuel. LanzaTech’s proprietary gas fermentation technology enables lowcost production of sustainable alcohols and chemicals from waste gas resources that are completely outside the food value chain.
This has led to a change in thinking of how energy generation is optimized and a new strategy has developed in which flexible energy generating sources are deployed to meet peak requirements while maintaining a steady state base load from lowcost less-flexible solutions.
The issue is: How do these impacts compare to the positive impacts and, in the case of renewable energy projects, how do they compare to fossil fuelalternatives? Wind and solar farms are alternatives to fossil fuel-fired power plants. All economic development projects have negative impacts.
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