In a turbulent year, financially and geopolitically, investment in energy innovation still rose. Public spending on energy R&D grew by 10% in 2022 (estimated at $44bn), with 80% devoted to clean energy. Listed energy-related companies saw a similar rise. And early-stage venture capital investment reached a new high of $6.7bn. But risks remain, explains Simon Bennett at the IEA who summarises the innovation chapter in their latest “World … [Read more...]
Farming Algae for Carbon Capture: new research cuts “fouling.” Scale-up in 3 years?
Natural marine algae already account for 50% of global CO2 removal. Farming it at scale in artificial tanks or tubes would take up a fraction of the land footprint of terrestrial plants. And algae can grow up to 50 times more quickly than land-based plants. It could be a game-changer that brings carbon capture costs down and make it a commercial reality. Here, David Chandler at MIT explains how new research there can make farming algae much more … [Read more...]
How will China respond to the EU’s “40% made at home” clean energy tech ambition
The EU’s Net Zero Industry Act wants to drive home-grown production of eight “strategic” net-zero technologies, including solar, wind, batteries and CCS. The target is 40% made at home, though the policy is yet to be worked out. You Xiaoying writing for China Dialogue talks to experts in China and the EU for their predictions. Most say that Chinese firms are not very worried. Firstly, they can – and are already making moves to – set up production … [Read more...]
U.S. EPA: new rules proposed for cutting Fossil Fuel-Fired Power Plant emissions
In May the U.S. Environmental Protection Agency proposed new rules regulating carbon emissions from fossil fuel-fired power plants. Here, four experts from the Center for Strategic and International Studies – Cy McGeady, John Larsen, Kyle Danish and Mathias Zacarias – make their assessment and point at the wide-ranging implications. The main issues covered include CCS, hydrogen-fuelled generation, state clean energy standards, carbon pricing, … [Read more...]
EU Carbon Removal Certification Framework: new rules to turn greenwashing into genuine removals
The EU Carbon Removal Certification Framework intends to drive forward technological and natural carbon removals, and prevent greenwashing through robust standards and certification procedures. It’s to deal with the existing poorly monitored carbon removals market: the lack of oversight, transparency, trustworthiness, and genuine climate impact (additionality) of projects and certificates. Simon Göss at carboneer looks at the current proposals, … [Read more...]
IEA’s new CCUS projects database: a tool for driving much needed progress
The IEA has made available for the first time its CCUS projects database. The number of countries with plans to develop CCUS now stands at 45, with seven more countries - in central and southern Europe, the Middle East, and Southeast Asia – joining the list in 2022. The database covers CO2 capture, transport, storage, and utilisation projects worldwide commissioned since the 1970s, and have an announced capacity of more than 100,000 tonnes/year … [Read more...]
Should U.S. DOE risk funding methane-based Hydrogen production when CCS is still not proven?
The U.S. Department of Energy (DOE) is allocating $8bn for building regional clean hydrogen hubs. Decisions on who to fund are being made now and will be completed by the end of this year. Any methane-based hydrogen project that achieves a 95% carbon capture rate will be sufficiently “clean” to qualify for the federal funding. But, as Suzanne Mattei, David Schlissel and Dennis Wamsted at IEEFA explain, the few “at scale” CCS projects now running … [Read more...]
‘Green Deal Industrial Plan’ explainer: 40%+ of the top low-carbon technologies must be made in the EU by 2030
The EC’s new series of proposed targets and reforms, contained in its Green Deal Industrial Plan, aim to ensure that at least 40% of the EU’s low-carbon technologies will be made within its borders by 2030. The eight “strategic net-zero technologies” are: Solar (power and thermal); Onshore and offshore wind; Batteries and energy storage; Heat pumps and geothermal; Electrolysers and fuel cells; Sustainable biogas/biomethane; CCS; Grid … [Read more...]
Direct capture of CO2 from seawater: new research cuts costs, ready for pilot in 2025
Direct capture of CO2 from the air is already established in pilot phase in sites around the world, but costs are very high. So it is puzzling that capturing CO2 direct from the sea is yet to be tested properly. After all, the concentration of CO2 in seawater is more than 100 times greater than in the air, pointing at a process that should be much more efficient. David Chandler at MIT looks at research there that has uncovered cheaper and more … [Read more...]
Germany is developing a strategy for Carbon Capture and Storage to meet its 2045 net zero target
Germany cannot become carbon neutral by 2045 without carbon capture, explains Simon Göss at carboneer. It’s why the German government is developing a Carbon Management Strategy for CO2 storage and utilisation. Projections reveal that around 30m tons of CO2 will have to be captured, transported, reused or disposed of by 2045. The focus will be on industrial processes and waste. Göss lays out the background to Germany’s strategy, including possible … [Read more...]
Steel decarbonisation: Australia must stop making excuses and follow Europe’s lead
Australian steel makers, major global exporters, must stop making excuses about decarbonisation and look to Europe for a role model, argues Simon Nicholas at IEEFA. A pattern of behaviour by Australia’s steel makers reveals that their excuse is that low-carbon solutions are not yet ready, leaving only promises of carbon capture (as yet unproven at scale) some time in the future. Nicholas notes that these promises will never have to be kept by the … [Read more...]
Event Summary: “CHINA: Carbon Neutral by 2060 – The Future of Gas”
Here are the written highlights of our 2-day 4-session workshop “CHINA: Carbon Neutral by 2060 – The Future of Gas”, compiled by Helena Uhde at ECECP. Here you can quickly see the main points made by our expert panellists. Global events have made gas the hottest of issues, and the implications for both Europe and China are strongly reflected in all the sessions. The four session topics were Security of Supply, CCUS for the Gas Sector, Competitive … [Read more...]
Electrochemical CO2 removal: efficient, cheaper, first industrial client
Leda Zimmerman at MIT describes a method of removing CO2 electrochemically, now being taken forward by MIT spin-off company Verdox. Electrodes are coated with polyanthraquinone. When it is charged, CO2 sticks to it. When it’s time to store it away, the charge is reversed and the gas is expelled as a pure stream of CO2. The technology works in a wide range of CO2 concentrations, from the 20% or higher found in cement and steel industry exhaust … [Read more...]
Copenhagen will miss its 2025 net-zero target: a case study of how pledges fail
Copenhagen is going to miss its 2025 net-zero target. The reason can be taken as a template for why we may soon see other failing pledges from governments and corporates. Kirstine Lund Christiansen at the University of Copenhagen and Inge-Merete Hougaard at Lund University explain that Copenhagen’s emissions overspill stems from an unrealistic dependence on technology when the promise was first made in 2012. As the target date got closer, other … [Read more...]
Carbon Capture is a risky decarbonisation pathway: 13 flagship projects reviewed
The debate around the effectiveness of carbon capture (you can register now for our CCUS session on Wednesday at 10.45 - Editor) has led to polarising views. Although the first implementations began 50 years ago, serious efforts to capture large volumes cost-effectively are in their infancy and unproven at scale. Is it, given time and support, a solution to excess emissions worldwide? Or is it a distraction that will allow fossils to be used yet … [Read more...]
- « Previous Page
- 1
- 2
- 3
- 4
- …
- 13
- Next Page »