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Renewed interest in Carbon Capture strategies for net-zero: targets, obstacles, costs, priorities

November 10, 2021 by Martina Lyons

Martina Lyons at IRENA picks out the highlights of their new report “Reaching Zero with Renewables: Capturing Carbon”. Carbon capture is going to be expensive, so should be focussed on hard-to-abate industrial sectors, as well as bioenergy plants. Lyons breaks down the target carbon capture volumes, costs and the investments required, as well as looking at the consequences of different strategies and carbon prices. Scaling up this technology, … [Read more...]

Filed Under: Carbon Capture, Energy Tagged With: BECCS, BECCU, Canada, capture, carbon, CCS, CCUS, CDR, COP26, costs, DACS, EU, FitFor55, investment, SaudiArabia, UNFCCC, US

Saudi Arabia’s clean hydrogen plans for converting ambitions into action

March 19, 2021 by Jan Frederik Braun

The recent Memorandum of Understanding with Germany on clean hydrogen cooperation underlines Saudi Arabia’s ambition in becoming a global powerhouse producer in this field. Governments and industry players are currently considering clean hydrogen as an energy vector with key energy transition roles in an increasingly carbon-constrained world. Hydrogen has the potential to grow into a trillion-dollar commodity market, with enormous opportunities … [Read more...]

Filed Under: Energy, Hydrogen Tagged With: CarbonPrice, CCS, CCUS, certification, chemicals, China, EU, Germany, hydrogen, industry, SaudiArabia, solar, standards, wind

Will Saudi Arabia build the world’s largest green hydrogen and ammonia plant?

September 7, 2020 by Jean-François Seznec and Samer Mosis

The Gulf is already a major producer and consumer of hydrogen, mainly for fertilisers and specialty chemicals. Like most hydrogen produced globally, it is the ‘grey’ kind made from hydrocarbons. But the region’s low renewable power costs and abundance of land give it the key components for the industrial scale production of green hydrogen. So in July, the Saudi model city of Neom (Neom means “new future”) and ACWA Power signed a joint venture … [Read more...]

Filed Under: Energy, Hydrogen Tagged With: ACWA, AirProducts, ammonia, finance, greenhydrogen, hydrogen, Neon, SaudiArabia, solar, wind

Coronavirus bailouts should be explicit, not hidden by CO2 tax cuts. And nothing for Oil

March 20, 2020 by Severin Borenstein

Many industries will be pleading their case for a Coronavirus bailout. Severin Borenstein at the Energy Institute at Haas explains why the oil industry should not be one of them. Oil prices, already on the slide, are indeed sinking lower thanks to the pandemic. But decarbonisation should be sending them that way anyway. And the oil price has always be artificially high thanks to the OPEC cartel and weak or complicit “competition” from non-OPEC … [Read more...]

Filed Under: Energy, Oil, Gas & Coal, Policies Tagged With: airlines, bailouts, carbontax, CO2, Coronavirus, Covid19, Energy, oil, Opec, SaudiArabia, subsidies

60 years on, OPEC should take control again, cut supply, raise prices to fund its Transition

February 19, 2020 by Greg Muttitt

OPEC is often seen as no friend of the Transition. But Greg Muttitt points out that, although it did take an anti-climate stance in the 1990s, by the 2000s it had stepped back from climate negotiations, while some OPEC members became supporters. Muttitt says that, celebrating its 60th anniversary, it’s time for OPEC to remember its roots and organise its members to take control of their own destiny in the face of the inevitable rise of clean … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: emissions, gas, Iran, Nigeria, oil, Opec, prices, renewables, SaudiArabia

Most read this week

  • Financing Renewable Hydrogen globally: ramp up to 2030 only needs $150bn/year by Dolf Gielen | posted on May 26, 2023
  • Five charts on the Energy Transition: the 2020s is the decade of maximum disruption. By 2030 the endgame will be clear by Sam Butler-Sloss | posted on May 25, 2023
  • Making Hydrogen direct from seawater using double-membrane electrolysis by David Krause | posted on May 24, 2023
  • 10 Carbon Capture methods compared: costs, scalability, permanence, cleanness by Ella Adlen | posted on November 11, 2019
  • 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
  • Micro-nuclear reactors: up to 20MW, portable, safer by Christina Nunez | posted on April 22, 2021
  • Oil & Gas can meet 2030 net-zero target for only $600bn, quickly recouped. But it’s still not happening, warns IEA by IEA | posted on May 22, 2023
  • Gravity Batteries: any nation can do it at scale using rocks by Simon Read | posted on July 27, 2022
  • The history of evidence of CO2-driven climate change starts in the mid-1800s by Marc Hudson | posted on May 23, 2023
  • The 10 big problems with simply replacing fossil cars with electric by Schalk Cloete | posted on December 6, 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
  • What’s best for Hydrogen transport: ammonia, liquid hydrogen, LOHC or pipelines? by Herib Blanco | posted on May 5, 2022
  • Enhanced Weathering: crushed rocks spread on farmland can capture billions of tons of CO2/year by Benjamin Houlton | posted on July 21, 2020
  • Hydrogen production in 2050: how much water will 74EJ need? by Herib Blanco | posted on July 22, 2021
  • U.S. EPA: new rules proposed for cutting Fossil Fuel-Fired Power Plant emissions by Cy McGeady | posted on May 30, 2023
  • Why hydrogen fuel cell cars are not competitive — from a hydrogen fuel cell expert by Zachary Shahan | posted on June 17, 2016
  • Modelling green Ammonia and Methanol in 2050. It will be expensive by Schalk Cloete | posted on September 9, 2022
  • EU Carbon Removal Certification Framework: new rules to turn greenwashing into genuine removals by Simon Göss | posted on May 16, 2023
  • China should comfortably meet its 2030 Renewables target. But its emissions? by Simon Göss | posted on February 21, 2022
  • Germany: will the end of feed-in tariffs mean the end of citizens-as-energy-producers by Isabel Sutton | posted on June 3, 2021

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      Recent Posts

      Perovskite: abundant, cheap, printable solar cells demonstrated, ready to generate power

      U.S. EPA: new rules proposed for cutting Fossil Fuel-Fired Power Plant emissions

      Financing Renewable Hydrogen globally: ramp up to 2030 only needs $150bn/year

      Five charts on the Energy Transition: the 2020s is the decade of maximum disruption. By 2030 the endgame will be clear

      Making Hydrogen direct from seawater using double-membrane electrolysis

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