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Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Indeed, much of Big Oil's reduction in greenhouse gas (GHG) emissions leans on the so-called natural gas bridge. 2 Total SA.
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.
Global energy-related carbon dioxide emissions rose by 6% in 2021 to 36.3 The rebound of global CO 2 emissions above pre-pandemic levels has largely been driven by China, where they increased by 750 million tonnes between 2019 and 2021. billion tonnes, accounting for 33% of the global total. billion tonnes. billion tonnes.
million for the next phase of Gigastack, a new renewable hydrogen project, as part of the Department for Business, Energy and Industrial Strategy (BEIS) Hydrogen Supply Competition. Producing hydrogen has traditionally been associated with high carbon emissions, but by using renewableelectricity—e.g., Earlier post.).
The technology group Wärtsilä is developing the combustion process in its gas engines to enable them to burn 100% hydrogen fuel. Wärtsilä has researched hydrogen as a fuel for 20 years, and has tested its engines with blends of up to 60% hydrogen and 40% natural gas. Hydrogen as part of the renewableelectricity system of the future.
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. 2020.01.002.
The Paris Agreement calls for global warming to be limited to 2 ?C Electromobility is just now picking up momentum; further, electric cars are only as emissions-free as the production of electricity that charges their batteries. One path to achieving this is with renewable synthetic fuels (e-fuels). The fossil CO?
Renewables are expanding quickly but not enough to satisfy a strong rebound in globalelectricity 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.
Cepsa—the Spain-based multinational oil and gas company—will invest more than €3 billion to establish the Andalusian Green Hydrogen Valley, creating the largest green hydrogen hub in Europe in southern Spain. Cepsa is already working on the engineering and administrative processing of the project.
The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report.
In its International Energy Outlook 2021 (IEO2021), EIA projects that strong economic growth, particularly with developing economies in Asia, will drive global increases in energy consumption despite pandemic-related declines and long-term improvements in energy efficiency. —EIA Acting Administrator Stephen Nalley.
The ICCT has conducted a comprehensive global and temporal life-cycle assessment of GHG emissions from a variety of alternative passenger car powertrains and fuels. This study considers the fuel and electricity consumption in average real-world usage instead of solely relying on official test values.
Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9 —Dr Fatih Birol.
The CO 2 produced from the BF is used in the TC cycle to produce more CO, therefore creating a closed carbon loop, allowing for the decoupling of steel production from greenhouse gas emissions. The novel recycling system captures the CO 2 from the top gas and reduces it to CO using a perovskite crystalline mineral lattice.
SK Corp, the holding company of SK Group, has made a strategic investment in Monolith , a US company that has developed a plasma-based process to produce “cyan” hydrogen—between green (via electrolysis using renewable energy) and blue (conversion of methane accompanied by CO 2 capture and storage). Earlier post.).
The e-Fuel plant is planned to produce CO 2 -neutral fuel by using green hydrogen and furnace gas from an existing factory. Aker Solutions is already a leading supplier to oil and gas companies globally and will continue to maintain this market position. e-Fuels production use electrical power in the process.
Representing more than 100,000 Class 8 commercial trucks globally, the Council will collaborate closely with Hyliion to provide key user insights in the development of the Hypertruck, the company’s electric powertrain for Class 8 commercial trucks.
Raven SR plans to use INNIO’s Jenbacher engines [60 Hz] with a “Ready for H2” option to produce renewable energy. At the site, landfill gas (LFG) will be the primary fuel to provide power for the non-combustion process that converts waste to hydrogen. Earlier post.). —Matt Murdock, CEO of Raven SR.
Westinghouse Electric Company launched its newest nuclear technology, the AP300 small modular reactor (SMR), a 300-MWe (900MWth) single-loop pressurized water reactor. The AP300 SMR is an ultra-compact, modular-constructed unit that leverages the innovation and operational knowledge of the global AP1000 fleet.
The technology developed by the UBC researchers—thermal methane cracking (TMC)—can produce up to 200 kilograms of hydrogen a day using natural gas, without using water, while reducing or eliminating greenhouse gas emissions. Currently, hydrogen can cost up to $15 per kilogram.
Oberon Fuels, producer of clean-burning dimethyl ether (DME) transportation fuel, has begun production of the first renewable DME (rDME) in the United States, and the only current commercial production of this in the world. Once delivered, rDME can be converted to renewable hydrogen at the point of use.
The initial refueling facility will provide Fortescue, ATCO and approved third parties with the opportunity to refuel vehicles capable of utilizing hydrogen as the primary fuel source, including a fleet of Toyota Mirai fuel cell electric vehicles which have been made available by Toyota Motor Corporation Australia.
DME is a hydrogen-rich molecule that can be produced from waste and/or renewable resources using Oberon’s modular production technology. Because DME handles like propane/liquefied petroleum gas (LPG), it requires minimal modifications to the existing global LPG distribution network and leverages the expertise of its existing workforce.
These fuel cell generators could ultimately replace gas- and diesel-burning generators with fewer emissions at worksites, buildings, movie sets, data centers, outdoor concerts and festivals. They could also back up or temporarily replace grid-sourced electricity for residential and small commercial enterprises at times of power disruption.
Italy-based Snam, a global energy infrastructure company, and RINA, a global testing, inspection, certification and engineering consultancy services firm, have signed a Memorandum of Understanding to collaborate in the hydrogen sector, in order to realize the significant potential of hydrogen as a fundamental energy carrier.
This development is consistent with Air Products’ growth strategy of executing global megaprojects that enable a transition to a cleaner, more sustainable energy future. 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.,
Spain-based global energy company Repsol and Talgo, a manufacturer of intercity, standard, and high speed passenger trains, will promote a renewable-hydrogen-powered train, fostering emission-free rail transport in the Iberian Peninsula.
Greenhouse gas emissions (GHGE) from the Information and Communication Industry (ICT) could grow from roughly 1–1.6% Telecommunications networks and data centers consume a lot of energy to serve you and most data centers continue to be powered by electricity generated by fossil fuels. It’s the energy consumption we don’t see.
An important consideration of solar-electrolysis in the context of climate mitigation is the enormity of upscaling required—both at the global scale with respect to the investment, land area, materials, and embodied energy; and at the project scale with respect to the potential localised impacts of gigawatt scale plants.
Leading Australian energy infrastructure company Jemena has signed a new deal to supply Australia’s emerging zero emission vehicle industry with renewably generated green hydrogen. Jemena’s Managing Director, Frank Tudor, said the deal will make hydrogen gas generated from solar and wind power available to the vehicle industry.
Rio Tinto is planning to invest a further $600 million in renewable energy assets in the Pilbara as part of the company’s efforts to decarbonize its Western Australian iron ore operations. Rio Tinto’s Pilbara electricity grid is the largest privately-owned grid in Australia. billion to halve emissions by 2030.
The most notable new policies include the US “Inflation Reduction Act”, legislation providing more than $369 billion in funding for clean technologies, and the European Union’s REPowerEU plan, which sets ambitious targets to reduce reliance on gas from Russia. advancing or delaying the time of electricity dispatch.
Hyundai Motor Group is conducting various R&D activities to minimize greenhouse gas emissions from internal combustion engine (ICE) vehicles during its transition to battery electric vehicles (BEV) and fuel cell electric vehicles (FCEV). The collaboration is expected to create synergies leveraging each participant’s expertise.
TotalEnergies is a global multi-energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity.
IHS Markit forecasts that annual global investments in green hydrogen—hydrogen production powered by renewable sources—will exceed US$1 billion by 2023. The increasing interest has been driven by falling electrolysis and renewable power costs and by increasing government focus on green hydrogen.
last year, its fastest pace this decade, an exceptional performance driven by a robust global economy and stronger heating and cooling needs in some regions, according to the IEA. Natural gas emerged as the fuel of choice, posting the biggest gains and accounting for 45% of the rise in energy consumption. to 33 Gigatonnes (Gt) in 2018.
Raven SR, a renewable fuels company ( earlier post ), announced the closing of a strategic investment from Samsung Ventures, expanding Raven SR’s reach into the global market, especially in Asia-Pacific region. Samsung Ventures’ investment will expand Raven SR’s global reach to South Korea, a driving force in the hydrogen economy.
After growing by more than 2% in 2019, globalgas 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.
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.
ExxonMobil and Global Thermostat signed a joint development agreement to advance technology that can capture and concentrate carbon dioxide emissions from industrial sources, including power plants, and the atmosphere. ExxonMobil and Global Thermostat are also exploring opportunities to identify economic uses for captured carbon dioxide.
Renewables met all of the rise in globalelectricity demand in the first half of 2022, preventing any growth in coal and gas generation, according to a new report published by London-based energy think tank Ember. .
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. Phase 1 FLECCS projects are: GE Global Research. 8 Rivers Capital.
Diesel is the predominant technology in commercial trucking, school, and transit bus sectors, according to the Diesel Technology Forum’s analysis of data sourced from S&P Global Mobility TIPNet data of vehicles in operation for Class 3-8 as of December 2021. Electric and other categories each register less than 1%.
Pacific Gas and Electric Company (PG&E) is launching the US’ most comprehensive end-to-end hydrogen study and demonstration facility, which will examine the future potential of the zero-carbon fuel hydrogen as a renewable energy source for not only PG&E customers but the entire global natural gas industry.
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