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Duke Energy has upped its net-zero carbon by 2050 goals, pledging to eliminate methane emissions from its naturalgas business by 2030 through a combination of better pipeline leak detection, more efficient operations, and investing in renewable naturalgas to reduce the carbon intensity of its supplies.
As part of its response to the Ukraine crisis, the EU has already announced it will double its ambition for biomethane production to 354TWh by 2030 to end its reliance on naturalgas imports. Last year, the UK imported 24.6TWh of naturalgas from Russia.
But in early 2019, Amazon announced an industry-first for a delivery company: It pledged that half of all of its shipments would be net-zero carbon by 2030. At the same time, it's already adopting renewable naturalgas to power its naturalgas trucks in its short-haul fleet. . million vehicles — by 2030.
Billed by the fossil fuel industry as a climate solution, dozens of planned blue hydrogen projects in Europe could consume more naturalgas each year than France, and produce emissions on a par with Denmark, a DeSmog analysis has found. Credit: Sabrina Bedford. “We should be very cautious with blue hydrogen. .
The Institute for Energy Economics and Financial Analysis reported that "the world’s largest publicly traded oil and gas companies shelled out a total of $71.2 Meanwhile, the coal and naturalgas industries are also collapsing around us — a swift decline from the shale fracking boom. NaturalGas. Contributors.
This new facility, slated for completion by 2029, will be located on Jurong Island and represents the largest hydrogen-compatible naturalgas power plant in Singapore. Initially, the power plant will operate using 30% hydrogen mixed with naturalgas, transitioning to 100% hydrogen usage once the necessary infrastructure is implemented.
Just as the EU nation signs deals for H2, it is also working to reduce its import of naturalgas A German envoy has sent Canada a clear message that as it establishes hydrogen fuel export deals , the North American country shouldn’t get its hopes up for boosting its naturalgas exports to Europe as well.
Of the six “pathways” Duke lays out for halving carbon emissions by 2030 and reaching net-zero carbon by 2050 , only one would avoid building new naturalgas plants. gigawatts of new naturalgas capacity. The rest propose between 6.1 gigawatts and 9.6
The problem for multinational oil companies seeking to extract that oil is whats mixed in with it: trillions of cubic feet of methane, often referred to as naturalgas. Handling naturalgas off the coast of Suriname and Guyana poses major challenges and involves significant environmental risk, however. In May, the U.S.
Funded by the Department for Energy Security and Net Zero, the project is centred on Worthing Crematorium in West Sussex and is part of Adur & Worthing Council’s plan to become carbon neutral by 2030. Unlike naturalgas, hydrogen doesn’t give off CO2 emissions when burnt. “The
Innovative Pipeline Technology: A Closer Look GASCADE’s transformation of existing naturalgas pipelines into hydrogen-ready infrastructure is a testament to their engineering and technological expertise.
Europe's biggest natural-gas infrastructure firm recently launched a new hydrogen business. could generate an estimated $140 billion per year in revenue and support 700,000 jobs by 2030, according to a recent McKinsey study published by the Fuel Cell and Hydrogen Energy Association. A hydrogen economy in the U.S.
It will be increasingly important for us that this industry is a whole part of the energy mix as we phase out naturalgas. At the conference, ADBA launched its latest report, The Role of Green Gas In Net Zero; Cutting the Cost of Keeping the Lights On , developed in association with Business Modelling Applications (BMA).
Meanwhile, Colorado Springs Utilities said it would close its remaining coal plants by 2030. Colorado wants to get half of its power from renewable by 2030 and 90 percent by 2050. Alongside a big boost in its energy efficiency efforts, TEP says the plan would allow it to avoid building any new naturalgas plants.
Carbon capture has never been deployed on gas-fired power stations at such a scale before — and a senior Equinor executive has made frank admissions around the technical challenges such projects face. This clean-burning fuel is made from naturalgas, with carbon capture technology used to trap emissions released during the process.
Dominion Energy is replacing its CEO as part of an executive shakeup accompanying the Virginia utility’s major shift away from naturalgas and toward a renewable energy future, and its hefty financial penalty for its cancellation of the Atlantic Coast Pipeline project.
It's aiming to be the first shipbuilder to deliver a cargo ship for ocean operation that runs entirely on fuel cells powered by naturalgas. But by 2030, zero-emissions vessels will need to start being introduced. Currently, an estimated 80 percent of the vessels in the world's shipping fleet operate using bunker fuel.
The report projects a rapid shift in the global energy mix, with the share of renewables in global power generation expected to double in the next 15 years while total fossil fuel demand is projected to peak before 2030, depending on the scenario. C by 2100, and reaching a 1.5°C C pathway is increasingly challenging. To keep the 1.5°C
The EU will increase its 2030 emission reduction target to “at least 55 percent” up from 40 percent, Ursula von der Leyen, president of the European Commission confirmed Wednesday. Reuters reported that an additional €350 billion of energy investment would be required from 2021-2030. billion of support.
It will also mean that Britain’s fleet of gas-fired power plants will be able to use blended hydrogen to generate cleaner electricity. The legal changes that must be made by Government and regulatory bodies across five key ‘Market Pillars’ to ensure gas network companies can start blending hydrogen into the gas grid from 2023.
Bloom’s core product is its Energy Server, which converts naturalgas into electricity through an electrochemical process without combustion, reducing carbon emissions compared to conventional gas-fired power generation and doing away with other forms of air pollution entirely.
The International Energy Agency (IEA) at India Energy Week 2025 today released its comprehensive India Gas Market Report, revealing that India's naturalgas sector has reached an inflection point.
The report, commissioned by MCS Charitable Foundation, projects that hydrogen would cost 70-90% more than gas on average. The authors of the report conclude that hydrogen will be a much more expensive heating fuel than naturalgas and thus it would be better to prioritise other technologies to decarbonise domestic heating, like heat pumps.
By 2030 BP hopes to have 10 percent of the clean hydrogen market in “core hydrogen markets” as it chases carbon neutrality by 2050. That term incorporates hydrogen produced from naturalgas with carbon capture technology in place, or so-called blue hydrogen. BP uses the terminology clean, rather than green hydrogen.
IBM said it would reach that milestone in 2030. Such commitments often are coupled with an interim goal of cutting emissions in half by, say, 2030. Electrification — transforming cars, buildings, factories and other things to operate on electricity rather than, say, oil or naturalgas — is a fast-emerging field.
The social networking corporation expects to eliminate or offset all of its own emissions this year, while completely decarbonizing its supply chain by 2030. “There will be some amount of carbon that we weren't able to reduce or eliminate by the time we hit 2030,” said Palmieri.
National targets for solar and wind power will see reliance on naturalgas plummet, reducing electricity price volatility across Europe, with major beneficiaries including the UK and Ireland, the Nordics, and the Netherlands.
The hydrogen is delivered in tanks and, currently, most of it originates from naturalgas using processes like steam methane reforming. Companies like Google aim to achieve net-zero emissions by 2030, while Microsoft has pledged to become carbon negative. Hydrogen offers a clear advantage for its flexibility.
BP will cut its oil and gas output by 40 percent by 2030 and increase its low-carbon investment tenfold by then, the company announced Tuesday as it begins to detail its 2050 net-zero strategy. BP is now targeting 50 gigawatts of renewables capacity by 2030, an ambition that puts it on a level with French utility giant EDF.
Many celebrated with their CSOs on meeting ambitious corporate targets for 2020, while setting audacious new goals for 2025, 2030 and 2050. Last year, Ecolab set a goal for net-zero carbon emissions by 2050, getting halfway there by 2030. and globally by 2040. Patrick Collison, CEO and co-founder, Stripe; San Francisco.
GE Renewable Energy announced a plan Tuesday to produce zero waste wind turbine blades by 2030. Follow @EngelsAngle. The plan will be carried out by LM Wind Power, a GE Renewable Energy subsidiary, which will aim to deliver no excess manufacturing materials and packaging to landfills and incineration without energy recovery.
Officials in the UK said the country will need to build new naturalgas-fired power plants beyond 2030 in order to ensure a reliable supply of energy and avoid blackouts. […] The post UK Leaders Say New Gas-Fired Plants Needed for Energy Security appeared first on POWER Magazine.
These moves suggest Bulgaria is thinking beyond its borders, looking to solidify itself as a key player in the European green hydrogen market while reducing its reliance on Russian gas imports. Such cooperation is critical to ensuring the delivery of practical, scalable, and innovative hydrogen technologies.
Because those centers require enormous amounts of electricity, with a ChatGPT query using almost ten times more power than a regular Google search, top executives at TC Energy now argue that AI is helping push gas demand to “record highs.” That $11 billion pipeline connects vast gas reserves in northeastern B.C.
Offshore pipeline re-use Two main scenarios which can be realized before 2030. In both scenarios, one of the pipelines becomes fully available for hydrogen; the other pipeline continues to facilitate the transport of existing and future naturalgas production.
Immediate applications include replacing diesel generators in backup power systems with hydrogen fuel cells, advancing industrial heat through hydrogen-naturalgas blends, and leveraging hydrogen as a feedstock for low-carbon chemicals like ammonia and methanol.
GW to 50 GW by 2030 – a 265 percent increase – a further 24 wind farms with an average 1.5 percent) of the UK’s total electricity generation, having outpaced gas for the first time ever during the first quarter of this year [iv]. To meet UK government targets to grow offshore wind power capacity from 13.7 2016-2021).
The countrys emissions, now at a historic low of 656 million tonnes, are down by 48 percent from 1990 levels, nearing the EUs 55 percent reduction target for 2030. The strategy combines constructing new pipelines with retrofitting existing naturalgas pipelines, helping to optimize costs and accelerate implementation.
Originally proposed by the US and EU in September 2021, the Global Methane Pledge will see countries acting to cut methane emissions by 30 percent by 2030. While there are many sources of methane emissions, including natural sources such as wetlands, one of the biggest contributors is naturalgas production and distribution.
Arizona Public Service released its plan for reaching zero-carbon by 2050 , with multiple options to balance the costs and carbon benefits of switching from coal and naturalgas to renewables, batteries, distributed energy resources and as-yet-untested technologies. ” Short-term goals: Lots of new renewables, no new naturalgas.
utility can reach net-zero carbon emissions by 2050 while still keeping naturalgas as a central part of its business, both to generate electricity and to sell to its customers. That includes a recommitment to reaching its 2030 goal of reducing carbon emissions below 50 percent of their 2007 levels, potentially ahead of schedule.
The UK have pledged £240 million for government co-investment in production capacity through the Net Zero Hydrogen Fund (NZHF), but by 2030 hope to attract at least £4bn of investment to the hydrogen economy largely through private investment2. 2] HM Government (2020), ‘The Ten Point Plan for a green industrial revolution’.
By 2030, as much as 30% of all data center sites may operate with some form of on-site power, up from todays modest fraction. Unlike conventional gas turbines, which require combustion to produce electricity, Bloom’s fuel cells convert naturalgas through an electrochemical process. With the U.S.
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