The most popular newsmakers from the world energy information space this week talk about “green” energy and automobile technological innovations.
1. The European Commission and Bill Gates to invest 100 million dollars in clean energy.
The European Commission and Breakthrough Energy Ventures headed by Microsoft owner Bill Gates will establish a new investment fund “Breakthrough Energy Europe” to help innovative European companies involved in the development and implementation of radically new clean energy technologies. The total amount of the fund will reach 100 million euros. This was reported on the website of the European Commission.
The European Commission stresses that the establishment of this fund will become a signal for markets and investors that the global fight against climate change and transition to a modern ecology-friendly economy continue.
“As our planet increasingly faces the unpredictable consequences of climate change and resource depletion, urgent action is needed to adapt to a more sustainable model and modernise Europe’s economy and industry. The Commission is currently working on the long-term strategy for the reduction of greenhouse gases,” the notification stated.
2. IRENA wants to develop policy tools to accelerate RES development.
International Renewable Energy Agency IRENA will collaborate with government institutions to create policy incentives for the development of renewable energy sources in the world. According to ElectricEnergyOnline, this was reported at the 138th Assembly of the Inter-Parliamentary Union (IPU), held in Geneva on 14-18 October 2018.
The plans for cooperation with government agencies include the development of policy tools related to socio-economic benefits and technological capabilities of RES, investment challenges, etc. At the same time, the participants will start a discussion of the first IPU Resolution on renewable energy sources “Engaging the private sector in implementing the SDGs, especially on renewable energy”, which was adopted in early 2018.
3. British company ScottishPower abandoned coal in favour of wind.
ScottishPower became the first integrated power company in the UK, which completely switched from coal and gas to wind power. This became possible after the sale of traditional generation business to the British power group Drax for £ 702 million. This is stated in the official release of the company.
The transaction consists of 2566 MW of capacity, mainly thermal assets (2 GW), namely, power plants in Kent, Hertfordshire, Brighton and Blackburn, and 566 MW of hydroelectric power plants.
Due to this alienation, ScottishPower will become the first vertically integrated power company in the United Kingdom, which has completely switched from fossil fuels to power generation from renewable sources. The company plans to invest £ 5.2 billion by 2022 in renewable energy sources, improving the power grid and technology of the smart grid.
Today, ScottishPower has 2,700 MW of wind power plants operating or being built in the UK, and plans to install another 3,000 MW in the long run, of which 2,900 MW are offshore wind stations.
The company’s initiative fully complies with the strategy of reducing carbon emissions by 2020 by 30% compared to 2007 and to zero by 2050.
4. Korean scientists invented cheaper and improved batteries for electric cars.
The research team, led by professor Jaephil Cho of the National Institute of Science and Technology Ulsan (UNIST, South Korea), developed a new type of battery for electric vehicles based on aluminium-air flow. Compared to existing lithium-ion batteries (LIBs), the new battery has more energy density, lower cost, longer cycle and greater security. This was reported by eurekalert.org.
“Petrol has a density of 1700 Wh/kg, while an aluminium-air flow of the battery has 2500 Wh/kg. This means that 1 kg of aluminium can be transformed into a battery that will allow an electric car to travel up to 700 km,” said Professor Cho.
A life cycle of a battery with aluminium airflow has increased 17 times compared to conventional aluminium batteries. In addition, the capacity of the newly created catalyst based on silver-manganese oxide was comparable to that of conventional platinum catalysts (Pt/C). Since silver is 50 times cheaper than platinum, it is also competitive in terms of price.
Thanks to the improved bandwidth and energy density, the research team predicts that their new type of battery system can potentially contribute to increasing the number of electric vehicles on high-speed roads and significantly lowering the weight with zero risk of explosion.
5. Hyundai plans to sell 5,000 hydrogen-fuelled cars in France by 2025
Hyundai Motor Co., the largest South Korean automaker, stated that it intended to supply about 5 thousand electric vehicles with hydrogen fuel cells to France by 2025.
The company plans to sign initial agreements with local companies to promote fuel cell electric vehicles (FCEV), as well as a memorandum of understanding with Air Liquide and Engie on the distribution of environmentally friendly cars and charging stations. The charging infrastructure is designed for both passenger and commercial vehicles using hydrogen.
In general, according to McKinsey & Company, the world market of electric cars with hydrogen fuel cells will increase to 400 million passenger cars, about 20 million trucks and 5 million buses by 2025.
According to english.yonhapnews.co.kr, Hyundai has already produced the first 100 NEXO FCEV cars and provided them to government organisations, start-ups and research institutes in the United States, Germany, Norway and the Netherlands.