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In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050. Spur action.
The US Energy Information Administration (EIA) forecasts that prices in US wholesale electricitymarkets 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.
Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, presented its eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data.
liter turbocharged M139 engine featuring an electric exhaust gas turbocharger. The turbocharger is operated via the 48-volt electrical system, which also feeds the belt-driven starter-generator (RSG). An electric motor around 1.6 An electric motor around 1.6
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 renewable electricity system of the future.
A new study by a team from Environmental Health & Engineering (EH&E) has found that greenhouse gas emissions from corn ethanol are 46% lower than those from gasoline—a decrease in emissions from the estimated 39% done by previous modeling. EH&E) and Adjunct Professor of Environmental Health at Harvard’s T.H. gCO 2 e/MJ (range of 37.6
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.
will bring to market a 15-liter natural gas engine for heavy-duty trucks. The 15-liter natural gas engine is an important part of Cummins strategy for its path to zero emissions. Cummins Inc. —Srikanth Padmanabhan, President, Engine Business, Cummins.
US exports of liquefied natural gas (LNG) continued to grow in the first six months of 2021, averaging 9.6 US LNG exports increased in the first half of this year as international natural gas and LNG spot prices increased in Asia and Europe due to cold weather. billion cubic feet per day (Bcf/d).
Terex Utilities introduced the industry’s first all-electric bucket truck at the Electric Utility Fleet Managers Conference (EUFMC) in Williamsburg, Va. Their feedback will help ensure the trucks become a dependable, preferred work truck, and help Xcel Energy and the industry better prepare for the electric vehicle transition.
The new VW Golf is now also available in certain markets with natural gas drive: the Golf TGI is equipped with a 1.5-liter liter four-cylinder engine with 96 kW / 130 PS and three natural gas fuel tanks. The tanks are integrated into the underbody and permit a range of around 400 kilometers (WLTP) in pure natural gas mode.
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., Hydrogen-fueled electricity will offset the remaining five percent of emissions. The project relies on an innovative combination of well-established technologies. blue hydrogen).
LH2 Europe will use the abundant renewable electricity in Scotland to produce green hydrogen and market it at a competitive price with diesel. The new tanker will transport the liquid hydrogen to terminals in Germany, with a strategic vision to expand supply to other markets as demand increases. Peter Wells, CEO of LH2 Europe.
Rolls-Royce has conducted successful tests of a 12-cylinder gas variant of the mtu Series 4000 L64 engine running on 100% hydrogen fuel. For several months, the mtu gas engine has been undergoing bench testing and continuous improvement in terms of efficiency, performance, emissions and combustion using 100% hydrogen as fuel.
With clean hydrogen gaining recognition worldwide as a carbon-free fuel capable of making a significant contribution to addressing climate change, Southern California Gas Co. SoCalGas) will field test a new technology that can simultaneously separate and compress hydrogen from a blend of hydrogen and natural gas.
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. ” Analytical support was provided by McKinsey and scientific observations and technical input was provided by the Electric Power Research Institute.
However, the study reveals there has been an increase in interest in the US and Chinese markets. Globally, vehicle owners and those considering purchasing BEV agree the top benefits of going electric are improving the environment, adding convenience and reducing ownership costs. Source: Ipsos.
The technology group Wärtsilä and Grieg Edge, the innovation hub of Norwegian shipping group Grieg Star, are jointly running a project to launch an ammonia-fueled tanker producing no greenhouse gas emissions by 2024. The eventual design, size, and volume of the vessel will be dependent on the market and end-user interest.
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.
After declining in 2020, the combined production of US fossil fuels (including natural gas, crude oil, and coal) increased by 2% in 2021 to 77.14 Of the total US fossil fuel production in 2021, dry natural gas accounted for 46%, the largest share. Crude oil accounted for 30%, coal for 15%, and natural gas plant liquids (NGPLs) for 9%.
Most of the transport will take place via existing gas grid lines (shown in orange), which will be converted to hydrogen transport. Collectively, the overall project can map the essential building blocks of the green hydrogen value chain and form the basis for an efficient European gas infrastructure for hydrogen.
In the first quarter of 2021, hybrid electric vehicles made up 18.4% of total passenger car sales in the EU, almost doubling their market share in a year, according to data from the European Association of Automobile Manufacturers (ACEA). of the car market. Diesel now holds a market share of 23.2%, down from 29.9%
In 2020, total consumption of fossil fuels in the United States, including petroleum, natural gas, and coal, fell to 72.9 Petroleum products, including motor gasoline, distillate fuel oil (diesel), and hydrocarbon gas liquids (HGLs), accounted for 44% of US fossil fuel consumption in 2020.
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. Market development.
Disruptions to this supply can have wide-ranging consequences, but the understanding of how those disruptions play out in global markets is limited. China dominates the global rare earths market. Further, price and associated market responses such as production, capacity, and demand tended to extend beyond the disruption period.
For the first time, two electric vehicles with a 500-mile driving range (two variants of the Lucid Air) sit at the top of the guide’s 10 most fuel-efficient vehicles. The top 10 “fuel sippers” among 2022 models in the new guide are all-electric vehicles offering a minimum of 111 miles per gallon-equivalent fuel economy.
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.
The hydrogen gas used in the direct reduction process is produced by electrolysis of water with fossil-free electricity, and can be used directly or stored for later use. The goal is to deliver fossil-free steel to the market and demonstrate the technology on an industrial scale as early as 2026.
In addition to its regional and temporal scope, this study is distinct from earlier LCA literature in four key aspects: This study considers the lifetime average carbon intensity of the fuel and electricity mixes, including biofuels and biogas.
The first-of-its-kind device could replace conventional high-voltage breakers, which use the potent greenhouse gas sulfur hexafluoride, or SF 6. Such equipment is scattered widely throughout power grids as a way to stop the flow of electrical current in an emergency. GE Vernova On top of that, SF 6 byproducts are toxic to humans.
A new survey of electric vehicle owners around the world finds that only 1% of electric vehicle owners would buy a pure gas-powered (or diesel-powered) car for their next vehicle. The survey comes from the Global EV Drivers Alliance (GEVA), and this is GEVA’s first survey on the topic.
In August 2021, Komatsu announced its power-agnostic truck concept for a haulage vehicle that can run on a variety of power sources, including diesel electric, trolley, battery power and hydrogen fuel cells. Working with Cummins is complementary to Komatsu’s development of the power agnostic truck.
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.
A new University of Michigan study finds that making the switch to all-electric mail-delivery vehicles would lead to far greater reductions in greenhouse gas emissions than previously estimated by the US Postal Service (USPS). The Postal Service said in February that at least 10% of the new mail trucks would be electric.
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. The report says that carbon neutral systems can provide cheaper electricity compared to current fossil-fuel-based systems.
a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity, is purchasing a 39% stake in Oberon Fuels, a San Diego, CA-based development-stage producer of low-carbon, renewable dimethyl ether (rDME) transportation fuel. Suburban Propane Partners, L.P.,
This is enough to supply around 400,000 people with electricity in their homes. One intended application of SOFC technology is in small, distributed, connectivity-enabled power stations, which can then be used in cities, factories, trade and commerce, data centers, and electric vehicle charging infrastructure.
Whether in the internal combustion engine or in the hybrid or electric vehicle, reliable and technically flawless materials are indispensable in a demanding environment. The polyamide, reinforced with 30% glass fibers, also features excellent thermal aging performance, as well as vibration and hot gas welding properties.
The MoU was signed by bp, Egypt’s New and Renewable Energy Authority (NREA), the Egyptian Electricity Transmission Company (EETC), the General Authority for Suez Canal Economic Zone (SCZONE) and the Sovereign Fund of Egypt for Investment and Development (TSFE). Together with partners, bp currently produces around 70% of Egypt’s gas.
The recovery of energy demand in 2021 was compounded by adverse weather and energy market conditions—notably the spikes in natural gas prices—which led to more coal being burned despite renewable power generation registering its largest growth to date. billion tonnes. billion tonnes.
Demand for raw materials used in the production of electric car batteries is set to soar, prompting the UN trade body, UNCTAD (United Nations Conference on Trade and Development), to call for the social and environmental impacts of the extraction of raw materials, which include human rights abuses, to be addressed urgently.
Pickup trucks accounted for 14% of light-duty vehicle sales in the United States in 2020, and the market share of both pickups and SUVs has grown in recent years. Our research clearly shows substantial greenhouse gas emission reductions that can be achieved from transitioning to electrified powertrains across all vehicle classes.
a Sumitomo Corporation Group company, jointly demonstrated a new waste heat recovery system based on a thermoelectric generator (TEG), which generates electrical power via exhaust gas heat. In March 2021, both companies commenced sample sales of a TEG module, YGPX024 (picture below), to investigate market needs.
Con Edison and its partners Lion Electric and Posi-Plus are developing the country’s first all-electric bucket truck capable of performing the full range of work that electric utilities require of such vehicles. As of last year, every new light-duty vehicle that Con Edison buys is a plug-in hybrid or all-electric.
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