With the latest events unfolding in Ukraine, the topic of natural gas dependence and its implications has once again taken center stage. Natural gas is the least polluting fossil fuel, which has made it a preferred “bridge” to net zero. The dependence element, however, has cast a shadow over the …
Read More »India Aims to be Green Hydrogen Hub
India has unveiled the first part of a drive to attempt to turn the world’s third-largest emitter of greenhouse gases into a “hub” for green hydrogen. Green hydrogen is produced using non-fossil fuel power and is then used in carbon-heavy industrial processes like making steel and concrete, and for transportation. …
Read More »Turkmenistan among Global Ultra-Emitters of Methane
About a tenth of the global oil and gas industry’s methane emissions have been found to come from a group of “ultra-emitter” sites located mostly in Turkmenistan, Russia and the US. Methane is a powerful greenhouse gas that governments recently agreed to slash by 2030, New Scientist reported. While huge …
Read More »Denmark Invests in Carbon Capture as it Phases out Offshore Drilling
Having banned oil exploration in its territorial waters, Denmark is investing $2.4 billion into a plan to capture CO2 from the energy and industrial sectors and inject it into the seabed in geological formations that previously held oil and gas deposits. Reuters reported that the subsidies for carbon capture and …
Read More »Europe’s Nuclear Plants Need $568B Investment by 2050′
The European Union will need to invest 500 billion euros ($568 billion) in new generation nuclear power stations from now until 2050, the bloc’s internal market commissioner said in an interview published over the weekend. “Existing nuclear plants alone will need 50 billion euros of investment from now until 2030. …
Read More »Renewable Energy to Reduce Electricity Generation from Natural Gas
In the EIA’s January Short-Term Energy Outlook (STEO), it is forecasted that rising electricity generation from renewable energy resources such as solar and wind will reduce generation from fossil fuel-fired power plants over the next two years. The forecast share of generation for US non-hydropower renewable sources, including solar and …
Read More »German Government Disavows Blue Hydrogen
The new German government unveiled plans last week to massively increase the ambition of its national hydrogen strategy. There is just one caveat: fossil gas-based hydrogen likely won’t be included in subsidy schemes, despite demands from the oil and gas industry. Clean hydrogen is seen as a potential silver bullet …
Read More »Hydrogen to Cover 12% of Global Energy Use by 2050
The International Renewable Energy Agency (Irena) estimated that hydrogen will cover up to 12 per cent of global energy use by 2050. “Hydrogen could prove to be a missing link to a climate-safe energy future,” Francesco La Camera, Director-General of Irena, said while presenting the key findings of new report: …
Read More »The U.S. Spent $1.1B on Failed Carbon Capture Projects in a Decade
The U.S. Department of Energy has spent $1.1 billion on 11 carbon capture projects at coal-fired power plants and industrial facilities since 2009, most of which turned out to be failures and were never built, the U.S. Government Accountability Office (GAO) said in a recent report. The Department of Energy …
Read More »Germany Welcomes EU Green Energy Plan on Gas
Germany on Sunday welcomed a plan by the European Union to label some natural gas energy projects as “green” investments, but stressed its opposition to a proposal to do the same for nuclear power projects. Germany pulled the plug on three of its last six nuclear power stations on Friday …
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