This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
gigawatt naturalgas power plant in the U.K. It would have been the largest gas plant in Europe and, unsurprisingly, drew the attention of environmental groups. Watson’s Eurogas estimates a reduction in natural-gas usage of 35 percent from 2020 to 2050 across all sectors. Plans for a new 3.6-gigawatt
The International Energy Agency (IEA) has confirmed naturalgas, carbon capture technology and all low-carbon hydrogen pathways will be needed if the world is to reach net zero by 2050.
Xcel Energy, provider of electricity and naturalgas services to nearly 6 million customers in eight Western and Midwestern states, has committed to achieve net-zero greenhouse gas emissions from its naturalgas business by 2050.
billion over the next three years to help Consolidated Edison, or Con Ed, pay for new naturalgas pipelines and infrastructure. New York’s Climate Leadership and Community Protection Act ( CLCPA ) targets 100 percent carbon-free electricity by 2040 and net-zero carbon emissions by 2050.
Energy Information Administration (EIA) has finally come around to the view that renewables will overtake naturalgas in the country’s electricity mix. As recently as last year, the EIA forecast that naturalgas would remain the country’s top source of electricity out to 2050.
Consider this: In April, Royal Dutch Shell, one of the largest companies in the world, announced its intent to become a net-zero carbon company by 2050. When oil and gas companies say that they’re getting out of oil and gas, shouldn’t you? NaturalGas. Is that possible? Contributors. Catherine Von Burg.
The report presents specific outlooks per fuel type such as naturalgas, oil, coal, hydrogen and sustainable fuels, as well as a view on the role of CCUS in decarbonising the energy sector. Hydrogen demand is expected to grow 4-6x by 2050, driven primarily by road transport, maritime, and aviation. To keep the 1.5°C
It is energy-efficient, abundant and an environmentally friendly alternative to naturalgas. Clean hydrogen could cut greenhouse gas emissions from fossil fuel by up to 34 percent, reported Bloomberg New Energy Finance. . And it could be cheaper than producing hydrogen from naturalgas.
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 Like many of the U.S.
Many climate activists and clean energy enthusiasts warn against the continued use of, and investment in, naturalgas infrastructure, insisting it isn’t a substitute for clean energy. should not plan to maintain its current fossil-based naturalgas systems indefinitely. What Is Renewable NaturalGas?
DTE Gas Company , a subsidiary of Michigan’s largest utility, is expanding its naturalgas network to the area, giving over 1,000 homes and businesses the choice to switch to naturalgas. Naturalgas is more climate-friendly than the propane and wood used in much of the region, according to DTE.
The company set an “aspiration” to reach net-zero carbon by 2050 and eliminate all coal power plants from its fleet by 2040. Coal made up 31 percent of its capacity as of 2018, while naturalgas accounted for about 42 percent. Wisconsin-based utility Alliant Energy has joined the ranks of 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).
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.
Arizona's biggest utility, Arizona Public Service (APS), recently announced its own carbon-free energy by 2050 plan, despite a lack of state mandates requiring such a transition. Colorado wants to get half of its power from renewable by 2030 and 90 percent by 2050. Arizona’s transition from coal to renewables and batteries.
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. In 2018, the International Maritime Organization set the goal to halve emissions for commercial ships from 2008 levels by 2050. And the goalposts are high.
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.
utilities in setting a net-zero carbon target for 2050, aiming to balance the emissions from its sizable fossil fuel-fired generation fleet and sprawling naturalgas business with reductions to be gained by expanding its portfolio of renewable energy and energy efficiency. Southern Company has joined other major U.S.
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. million-customer utility, said in a Tuesday interview.
At the same time, it's already adopting renewable naturalgas to power its naturalgas trucks in its short-haul fleet. . It's got close to 300 alternative-fueled vehicles, including electric, hybrid and naturalgas buses, sweepers and light-duty vehicles. Just a short five years away. Media Source.
Energy Information Administration modeling forecasts increasing global energy consumption and carbon dioxide emissions through 2050. The report forecasts that renewable energy will be the primary source for new electricity generation, but power from naturalgas, coal, and batteries will continue to meet load and provide grid stability.
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. With Europe aiming for carbon neutrality by 2050, hydrogen features prominently in the regions energy strategy.
And they consume fossil fuels such as naturalgas or propane to power furnaces, boilers, and water heaters. In the United States, buildings account for roughly 40 percent of the country’s energy use and greenhouse gas emissions, and nearly half of homes rely on naturalgas as their primary heating fuel.
Arizona may soon join a lengthening list of states pledging to reach 100 percent carbon-free power by 2050, although a final decision on its plan to get there won’t be made until after Tuesday’s election. ” Arizona’s investor-owned utilities have already laid out plans for decarbonization.
In order to manufacture products, companies in the industry sector must burn fuel, typically naturalgas, to create heat. Technologies such as geothermal, biomass and solar, which Skyven initially focused on, can provide an alternative to naturalgas to generate heat for industrial processes.
Repsol, Spain's largest oil and gas company, announced a net-zero emissions target for 2050 and a €4.8 The Madrid-based company says it will reorient its business to comply with the Paris Agreement's climate goals, with its upstream oil and gas unit to prioritize "value generation over production growth.".
It feels almost quaint to remember way back when "80 by 50" — an 80 percent reduction in greenhouse gas emissions by 2050 — was a bold goal for a company or government entity to make. For those not yet up to speed, net zero refers to the goal of emitting no greenhouse gases by a specific date, typically 2050. Joel Makower.
greenhouse gas emissions come from industry. To achieve net-zero economy-wide emissions by 2050 and limit global warming, industrial emissions must drop while still meeting societal needs. Energy efficiency can reduce energy inputs and lower cost differences between electricity and naturalgas. Sponsored Article.
On our current policy trajectory, there is no peak in sight, according to EIA By 2050, we will likely see a 50% increase in energy consumption. That means emissions could rise through 2050, absent massive changes to policy. Most of that growth is coming from America and China, which account for 70% of installations.
BRUSSELS (AP) — The European Union on February 2 proposed including nuclear energy and naturalgas in its plans for building a climate-friendly future, dividing member countries and drawing outcry from environmentalists as “greenwashing.” By Samuel Petrequin.
The roadmap identifies clean hydrogen as integral to achieving a carbon-free grid by 2035 and net-zero emissions by 2050. Looking ahead, the DOEs hydrogen roadmap showcases a vision of hydrogen as a vital tool for achieving a carbon-free grid by 2035 and net-zero emissions by 2050. National Clean Hydrogen Strategy and Roadmap.
It aims to further implement renewable naturalgas (RNG) and green hydrogen, while maximising energy efficiency and helping customers electrify their heat in targeted areas. ” Have you read: National Grid ESO advances constraint management Great Britain: ‘Future system operator’ to launch. Massachusetts and New York.
A major rollout of green hydrogen technologies could offset up to one third of global greenhouse gas emissions produced by fossil fuels and industry by 2050, according to a new report today by BloombergNEF (BNEF). MMBtu) by 2050. Moreover, hydrogen's low density makes it considerably harder to store than fossil fuels.
Pilbara Clean Fuels (PCF) is pursuing the development of an electrified liquefied naturalgas plant in Port Hedland, Western Australia, for the production of LNG marine bunker fuel. Oceania Marine.
On our current policy trajectory, there is no peak in sight, according to EIA By 2050, we will likely see a 50% increase in energy consumption. That means emissions could rise through 2050, absent massive changes to policy. Most of that growth is coming from America and China, which account for 70% of installations.
Malaysian energy giant Petronas has become the second global oil and gas major this week to commit to achieving net zero emissions, following hot on the heels of Norway's Equinor which unveiled its own net zero vision on Monday.
On the other hand, DNV forecasts fossil fuels will still account for 40% of its energy mix in 2050. The power sector is decarbonizing quickly by replacing coal with domestically sourced renewable energy, and domestically produced coal will largely be sufficient for the remaining coal demand segments by 2050.
The UK's export agency has pledged to achieve net zero emissions across its financing portfolio by 2050, setting out its plans to increase support for 'green' projects and improve its understanding of climate-related risks.
On Friday, the 1-million-customer utility, formed last year by the merger of Westar Energy and Kansas City Power & Light parent company Great Plains Energy, announced plans to cut carbon emission by 80 percent from 2005 levels by 2050. Since 2005, Evergy has reduced the share of coal-fired power in its 6.2-gigawatt million electric and 1.8
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. utility has yet fully fleshed out how it intends to eliminate naturalgas power plants from its generation portfolio. To be sure, no U.S.
gigawatt generation fleet comes from coal-fired power plants, while naturalgas makes up about a quarter more, and nuclear power one-tenth. Ameren Missouri has set a goal to reduce its carbon emissions by 80 percent by 2050, pushing it beyond Missouri’s meager renewable portfolio standard of 15 percent by 2021.
Then, naturalgas is suddenly in the hot seat. For gas-only utilities, one pathway is clear. And how will the battle over naturalgas connections play out? Recommended reading: Vox: The False Promise of Renewable NaturalGas. WSJ: BP Wants to Become Carbon Neutral by 2050, But Doesn’t Say How.
The agreements are aimed at bolstering the country’s national H2 strategy Tunisia has announced that it has signed 6 new memoranda of understanding (MoUs) for the development of green hydrogen and its derivatives in the country by 2050. million metric tons of green hydrogen and its derivatives by 2050. Of that, 2.3
We organize all of the trending information in your field so you don't have to. Join 12,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content