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Nacero awards 20-year wind power purchase agreement to NextEra for natural gas-to-gasoline plant in Texas

Green Car Congress

Texas-based Nacero, a company seeking to produce low- and zero-lifecycle carbon footprint gasoline blendstock ( earlier post ) has awarded a subsidiary of NextEra Energy Resources, LLC a 20-year power purchase agreement to supply wind power to Nacero’s planned flagship manufacturing facility in Penwell, Texas. Renewable natural gas.

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US shift toward wind and solar will cut coal, make EVs cleaner

Green Car Reports

Increased use of renewable energy will help reduce electricity generation from coal and natural gas power plants, according to the U.S. The EIA forecasts that wind and solar will together account for 16% of total electricity generation in 2023, up from 14% in 2022 and 8% in 2018.

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Wind and solar overtook fossil gas in Europe for the first time

Electrek

Wind and solar generated a record one-fifth (22%) of electricity in the European Union in 2022 – overtaking fossil gas (20%) for the first time, according to a new study published today. more… The post Wind and solar overtook fossil gas in Europe for the first time appeared first on Electrek.

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Solar + wind now make up more than 20% of US electrical generating capacity

Baua Electric

Photo by Amol Mande on Pexels.com Solar and wind now make up more than 20% of total US electrical generating capacity, according to new data from the Federal Energy Regulatory Commission (FERC). On the fossil fuel front, 348 MW of gas and 5 MW of oil came online. Solar installation is booming in 2024.

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MITEI study finds hydrogen-generated electricity is a cost-competitive candidate for backing up wind and solar

Green Car Congress

A team at MITEI (MIT Energy Initiative) has found that hydrogen-generated electricity can be a cost-competitive option for backing up wind and solar. Currently, plants burning fossil fuels, primarily natural gas, fill in the gaps as peaker plants—a tendency that is likely to grow pari passu with VREs.

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In a first, wind and solar overtake fossil fuels in the EU in 1H 2024

Baua Electric

Image: BASF Wind and solar generated more electricity than fossil fuels in the EU during the first six months of 2024 for the first time ever in a half-year period. The fall in fossil fuels happened even as electricity demand rose 0.7% compared to 2023, the result of recovery from the pandemic and the gas price crisis.

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BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

Green Car Congress

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. This will attract $13.3

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