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Carbon Capture rates of 60% sound impressive. But rising carbon prices could still make you commercially unviable

July 4, 2023 by Chris Bataille

Mainstream scenarios state the unavoidable need for continued use of fossils through to 2050. For the world to stay within its carbon budget, that means the unavoidable need for carbon capture and plugging “fugitive” leaks. Chris Bataille at the Center on Global Energy Policy flags up the danger that new CCS projects with seemingly impressive capture rates of up to 60% may nevertheless become commercially unviable as carbon prices rise: that … [Read more...]

Filed Under: Carbon Capture, Energy Tagged With: abatement, CCS, CCUS, CDR, cement, chemicals, CO2, coal, emissions, Exxon, fertilisers, gas, hydrogen, IEA, investment, IPCC, iron, leaks, methane, Nucor, oil, Paris2050, steel

Fulfilling the Global Methane Pledge: “polluter pays”, more electrification, less gas

November 11, 2021 by Bruce Robertson

At COP26 the U.S. and the EU led a global pledge to slash methane emission by 30% by 2030. Methane makes up at least one-quarter of all greenhouse gases, and is more than 80 times more damaging than CO2 over a 20-year period. Success in cutting these emissions would be a major step towards meeting our 1.5°C goals. But far from declining, 2020 saw methane emissions grow at the fastest rate in 40 years. The increased use of natural gas (mostly made … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: australia, China, COP26, electrification, emissions, EU, gas, Greenhouse, India, leaks, methane, Russia, US

Satellite monitoring of Methane leaks makes policing them more effective

December 11, 2020 by Meredith Fowlie

Satellites, drones, and airplanes should be used to detect methane leaks across the million active wells and hundreds of thousands of miles of pipelines across the U.S. That’s because without proper monitoring it’s extremely hard to find leaks, let alone regulate them. Meredith Fowlie at UC Berkeley’s Energy Institute at Haas describes their paper that uses such data to, first, show that 2.3% of upstream natural gas production is leaking. That’s … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: emissions, gas, leaks, methane, pipelines, policy, regulations, US

Most read this week

  • Sodium-ion batteries ready for commercialisation: for grids, homes, even compact EVs by Carlos Ruiz | posted on September 11, 2023
  • Though the price shocks hurt, Renewables installed between 2021-23 saved Europe €100bn by Joe Myers | posted on September 18, 2023
  • 10 Carbon Capture methods compared: costs, scalability, permanence, cleanness by Ella Adlen | posted on November 11, 2019
  • Improved “Solar Thermochemical” process captures 40% of the sun’s heat to produce Green Hydrogen by Jennifer Chu | posted on November 29, 2023
  • Investing billions in new cross-border Electricity Transmission capacity can cover its costs within a few years by George Dimopoulos | posted on November 27, 2023
  • Italy: 71 GWh of additional Grid Storage required by 2030 says Terna by Sara Stefanini | posted on November 28, 2023
  • Middle East & Africa to export Hydrogen to Europe? Better to make green Iron & Steel and export that by Soroush Basirat | posted on November 23, 2023
  • Micro-nuclear reactors: up to 20MW, portable, safer by Christina Nunez | posted on April 22, 2021
  • Understanding the new EU ETS (Part 2): Buildings, Road Transport, Fuels. And how the revenues will be spent by Simon Göss | posted on February 6, 2023
  • What’s best for Hydrogen transport: ammonia, liquid hydrogen, LOHC or pipelines? by Herib Blanco | posted on May 5, 2022
  • How to manage price risk as the EU shifts from Russian Gas to Renewables by Kong Chyong | posted on December 1, 2023
  • Why we need a European Central Carbon Bank within the EU ETS framework by Robert Jeszke | posted on November 20, 2023
  • What does cutting-edge Smart Metering look like as Grids become increasingly complex? by Gridspertise | posted on November 23, 2023
  • Carbon Footprints for every product: the need for sector-specific, comprehensive granular data and accounting by Nicole Labutong | posted on November 30, 2023
  • Farming Algae for Carbon Capture: new research cuts “fouling.” Scale-up in 3 years? by David Chandler | posted on June 21, 2023
  • Clean energy is driving job growth, but skills shortages are a major barrier by IEA | posted on November 24, 2023
  • CBAM is now active. A guide to what companies must do to comply by Simon Göss | posted on October 27, 2023
  • Can Aluminium-air batteries outperform Li-ion for EVs? by Helena Uhde | posted on September 8, 2021
  • EU Energy Outlook to 2060: how will power prices and revenues develop for wind, solar, gas, hydrogen + more by Alex Schmitt | posted on December 6, 2022
  • EU Carbon Removal Certification Framework: new rules to turn greenwashing into genuine removals by Simon Göss | posted on May 16, 2023

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      Recent Posts

      What does cutting-edge Smart Metering look like as Grids become increasingly complex?

      How to manage price risk as the EU shifts from Russian Gas to Renewables

      Carbon Footprints for every product: the need for sector-specific, comprehensive granular data and accounting

      Improved “Solar Thermochemical” process captures 40% of the sun’s heat to produce Green Hydrogen

      Italy: 71 GWh of additional Grid Storage required by 2030 says Terna

      Investing billions in new cross-border Electricity Transmission capacity can cover its costs within a few years

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