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 …
Read More »S. Korea to Double Electric, Hydrogen Cars in 2022 in Net Zero Emission Drive
South Korea plans to double the number of electric and hydrogen vehicles on its roads next year as part of efforts to achieve its goal of net zero carbon emission by 2050. The government will seek to bring up the number of electric and hydrogen cars in use to about …
Read More »China’s Risen Plans $7 Billion Solar Factory Run on Clean Energy
Risen Energy Co. is planning to build a 45 billion yuan ($7 billion) integrated solar power factory in Inner Mongolia that’ll run on clean energy. The plant will produce materials across the supply chain from industrial silicon to finished solar modules, the company said in a Dec. 27 filing with …
Read More »India to Consider Stopping New Coal Plants Construction
As part of its pledges during the COP26 climate summit last month, India—where coal currently accounts for around 70% of electricity generation—committed to net-zero emissions by 2070, and 500 gigawatts (GW) of installed renewable energy capacity by 2030. In late October, an expert committee appointed by the power ministry submitted …
Read More »Rosneft Sets Net-Zero Emissions by 2050 Target
Russia’s largest crude producer Rosneft announced Dec. 21 its commitment to achieve carbon neutrality by 2050, bringing forward some of its previous targets to reduce emissions. The company’s 2035 climate targets set a year ago already included the prevention of 20 million mt CO2 equivalent of greenhouse gas emissions, reduction …
Read More »Coal Use is Reaching Record Levels in India and China
The International Energy Agency has called on China and India to reduce coal power generation and put their climate pledges into action, describing both countries as “holding the key to future coal demand”. The world’s two largest coal producers – with economies that account for nearly three billion people combined …
Read More »Record High Coal Power Demand in 2021 Threatens Net-Zero Targets
Global coal-generated power demand is expected to hit record highs this year, threatening the world’s net-zero targets aimed at cutting greenhouse gas emissions, the International Energy Agency (IEA) said. Power generation from coal globally is expected to jump by 9 per cent in 2021 to an all-time high of 10,350 …
Read More »The EU Unveils a New Plan to Curb Methane Emissions
The European Commission unveiled on Wednesday proposals to curb methane emissions and reduce leaks in the energy sector in the European Union (EU) as part of efforts to put the bloc on a path to climate neutrality by 2050. Methane is a powerful greenhouse gas, second only to carbon dioxide …
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