Report: There is Enough UK CO2 Storage Capacity for Decades to Come

There is ample capacity for storing captured carbon dioxide emissions, according to a new report that argues low cost storage sites could support a series of carbon capture hubs along the east coast of the UK. The report from the government and industry-backed Energy Technologies Institute (ETI) details how large …

Oil Giants Need to Invest Heavily in Renewables by 2035, Says Analysis

More than a fifth of investment by the largest oil and gas companies could be in wind and solar power in just over a decade, according to analysis of how global changes in energy will reshape the sector. Slowing demand for oil and forecasts of rapid growth in renewables posed …

Coal Demand Growth to Stall as Appetite Wanes, According to IEA

BEIJING — Growth in global coal demand will stall over the next five years as the appetite for the fuel wanes and other energy sources gain ground, according to the latest coal forecast from the International Energy Agency. The share of coal in the power generation mix will drop to …

First US Petcoke-To-Methanol Plant With Carbon Capture Tech Gets DOE Loan Guarantees

On the shortest day of 2016, the US Department of Energy announced that it has made the “first ever offer for a conditional commitment” of loan guarantees under its Advanced Fossil Energy project to Lake Charles Methanol, LLC, for a petcoke-to-methanol facility. The Department of Energy’s (DOE) Loan Programs Office …

Addressing Climate Change with Low-Carbon Energy Centers

Last autumn, as part of MIT’s Plan for Action on Climate Change, the Institute announced plans to create Low-Carbon Energy Centers to advance key technologies that will address climate change. Since then, MIT Energy Initiatve (MITEI) team members have been speaking with interested industry leaders in the United States and …