Chart of the week: China has steadily increased electricity's share in energy use, while it remains stable in the US and Germany. China’s industrial energy demand poses challenges for electrification, while in the US, the shift to electric vehicles in road transport could significantly reduce energy use, potentially allowing the US to catch up with China. In India, the share of electricity is increasing, but at a slower pace than what we see in China. Nigeria has a low share of electricity since the lion's share of the final energy demand is met by biomass. We have launched the Energy Scenarios Solution, a comprehensive global energy systems tool that tracks country-level energy consumption, emissions and decarbonization pathways across all sectors. Included in this solution is the new Energy Demand Cube and allows users to zoom in on how energy is delivered. We’ve mapped 70 energy carriers, giving a detailed overview of how end-use of fuels compete with electricity and heat. Find out more on our new webpage: https://lnkd.in/dtqHsynv or contact our expert, Jon Ødegård Hansen.
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Breaking News :Green Power Rectifiers Power The World’s Largest Green Hydrogen-Ammonia Project The first phase of the initial 300,000 tons of green hydrogen-ammonia project, with a total capacity of 1.5 million tons, has successfully commenced operations. According to available information, this project is located in China and constructs an integrated demonstration project for green hydrogen and green ammonia production from wind and solar energy. The total investment is approximately 40 billion yuan, with an expected completion and commencement of production before 2028. The project leverages technological breakthroughs in new power systems to achieve an efficient coupling of wind, solar, storage, and hydrogen-ammonia alcohol production, solving significant cost challenges to the development of zero-carbon hydrogen. The first tank of liquid ammonia produced recently used 100% green electricity, marking an important milestone in the global development of green hydrogen and allowing the ‘new oil’ to achieve large-scale industrialization. Among the project’s features, it plans to produce 1.52 million tons of zero-carbon industrial gas products annually. The first phase of the project is scheduled to start production within two years, making it the world’s first zero-carbon hydrogen-ammonia project. Additionally, the rectifiers used in this project feature a single system with a power of 9MW, offering high reliability, efficiency, power factor, low harmonics, compact size, and good adaptability to large electrolyzers, providing perfect guarantees for the project to run at full capacity and produce stable green hydrogen. #rectifier #hydrogen-#ammonia
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China is the largest consumer of primary energy in the world, using some 170.7 exajoules in 2023. This is a lot more than what the United States consumed, which comes in second place. The majority of primary energy fuels are still derived from fossil fuels such as oil and coal. China's energy mix China’s primary energy mix has shifted from a dominant use of coal to an increase in natural gas and renewable sources. Since 2012, the renewables share in total energy consumption has grown by around eight percentage points. Overall, global primary energy consumption has increased over the last decade, but it is expected to experience the largest growth in emerging economies like the BRIC countries - Brazil, Russia, India, and China. What is primary energy? Primary energy is the energy inherent in natural resources such as crude oil, coal, and wind before further transformation. For example, crude oil can be refined into secondary fuels, such as gasoline or diesel, while wind is harnessed for electricity - itself a secondary energy source. A country’s total primary energy supply is a measure of the country’s primary energy sources. Meanwhile, end use energy is the energy directly consumed by the user and includes primary fuels such as natural gas, as well as secondary sources, like electricity and gasoline. https://lnkd.in/ep3iXXuF
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Sales & Relationship professional passionate about climate change, sustainability and energy transition
This is the challenge China and India in particular need to drastically reduce their fossil fuel consumption particularly coal and replace it with clean energy.
Energy transition optimist │ Vice President & Director at Regulatory Assistance Project │ Research Associate at Oxford and Cambridge Universities │ Board Member │ LinkedIn Top Voice │ FEI │ FRSA
Fossil fuel consumption reached new record highs in 2023, driven by increased coal and oil use in China, despite the global boom in renewable energy. This graphic shows the top 12 countries by fossil fuel consumption in 2023. Data is from the Energy Institute, 2024 Statistical Review of World Energy, released in June 2024.
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Climate change is a global issue to be solved, not a national political opportunity. The US cannot solve climate change alone, if it is not supported by like actions of other major emitters like Russia, India and China little real global emission reductions would be achieved. National climate change virtue signaling like CDN's "Just Transition" to made in China wind/solar/EVs/heatpumps built with coal, children in Africa, Russian oil and gas, and soon offshore oil will not reduce global emissions. However this is not to say that Canada has not led in cleaner than coal energy over the last 50+ years in the form of hydro, CANDU & natural gas. And what is not considered is the energy philosophy of Nobel winning energy innovator Rodney Allam who believes we need to eliminate emissions in the use of oil and gas, not eliminate the oil and gas industry itself. Allam has demonstrated his approach in two recent startups that use natural gas to generate emission free energy, NET Power for electricity and 8RH2 for production of hydrogen/ammonia. However the fundamental issue to be solved is how to get all of the major emitters like the US, Russia, India & China to actual reduce their emissions. Canada's ineffective climate change virtue signaling-national climate politics is a lesson in what not to do. The US is right to implement tariffs on China. However with approaches like BRICS, where Russia, India & China seek to escape responsible global action this highlights the fundamental issue of actual global emission reduction, so CDN's climate change goals like 2035 are absurdly ineffective and globally irrelevant, yet will destroy the CDN economy yet make no difference to global emission reduction!
Energy transition optimist │ Vice President & Director at Regulatory Assistance Project │ Research Associate at Oxford and Cambridge Universities │ Board Member │ LinkedIn Top Voice │ FEI │ FRSA
Fossil fuel consumption reached new record highs in 2023, driven by increased coal and oil use in China, despite the global boom in renewable energy. This graphic shows the top 12 countries by fossil fuel consumption in 2023. Data is from the Energy Institute, 2024 Statistical Review of World Energy, released in June 2024.
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This supply and demand picture implies that there are significant capital investments being made globally, across industries. These assets won't be going anywhere for decades and it is therefore important that there be a heavy focus on hardware and software investments in industrial process efficiency.
Energy transition optimist │ Vice President & Director at Regulatory Assistance Project │ Research Associate at Oxford and Cambridge Universities │ Board Member │ LinkedIn Top Voice │ FEI │ FRSA
Fossil fuel consumption reached new record highs in 2023, driven by increased coal and oil use in China, despite the global boom in renewable energy. This graphic shows the top 12 countries by fossil fuel consumption in 2023. Data is from the Energy Institute, 2024 Statistical Review of World Energy, released in June 2024.
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China and India don't have locally produced oil and natural gas. For them the cheapest way to generate electricity is from coal. But it may be mentioned that both countries are trying hard to generate more and more electricity from wind and solar projects.
Energy transition optimist │ Vice President & Director at Regulatory Assistance Project │ Research Associate at Oxford and Cambridge Universities │ Board Member │ LinkedIn Top Voice │ FEI │ FRSA
Fossil fuel consumption reached new record highs in 2023, driven by increased coal and oil use in China, despite the global boom in renewable energy. This graphic shows the top 12 countries by fossil fuel consumption in 2023. Data is from the Energy Institute, 2024 Statistical Review of World Energy, released in June 2024.
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China has 18% of the world’s population, uses 26% of global primary energy, emits 33% of global energy-related CO2, and is by far the leading installer of renewables. The energy transition in China is critical to its future and to the success of the global energy transition, according to a new report from DNV: https://ow.ly/IByG50S9nwF From #NewEnergyWorld, the magazine of the #EnergyInstitute
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-Yanmar Energy Systems Co., Ltd. (Yanmar ES), a subsidiary of Yanmar Holdings, has commercialized the "HP35FA1Z", a compact and multi-unit controllable hydrogen fuel cell power generation system, and will begin accepting orders in Japan in September. With the increased focus on renewable energy to achieve a decarbonized society, government and municipalities in Japan are advancing efforts to promote the use of hydrogen as a fuel. This past Septembe Yanmar ES opened the YANMAR CLEAN ENERGY SITE in Okayama Prefecture to develop and demonstrate hydrogen-related technologies, which are expected to be lead the way in decarbonizing society. Our hope is that after successful development in Japan this exciting technology will make its way to North America. Keep your eyes out for new energy efficient technologies coming to North America! #YANMAR #energyefficiency #Hydrogen #carbonreduction #cleanenergy
Yanmar Commercializes Compact Hydrogen Fuel Cell Power System|2024|News|Energy Systems|YANMAR
yanmar.com
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China has developed a massive 30-megawatt (MW) FESS in Shanxi province called the Dinglun flywheel energy storage power station. What is a flywheel energy storage system? A flywheel energy storage system works by spinning a large, heavy wheel, called a flywheel at very high speeds. The energy is stored as rotational kinetic energy in the spinning wheel. When electricity is needed, the flywheel’s rotational speed is reduced, and the stored kinetic energy is converted back into electrical power using a generator. This type of storage is useful as it can quickly store and release energy, making it ideal for balancing the supply and demand of electricity on the grid. It offers more efficiency and higher power density compared to compressed air, pumped hydro, and various other mechanical energy storage systems. Plus, compared to other popular energy storage solutions such as Li-ion batteries and supercapacitors, they have longer life spans (~ 20 to 30 years) and have less environmental impact. This is because they don’t use any chemicals or toxic heavy metals. “FESS are also good candidates for electrical grid regulation to improve distribution efficiency and smoothing power output from renewable energy sources like wind or solar farms,” a study notes. Hopefully, this powerful energy storage facility will inspire the development of many similar stations that promise energy with a reduced environmental impact. https://lnkd.in/dCBD-Qh2 #Energystorage #Flywheel
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Compared to the report below it is interesting to learn that Costa Rica has run on entirely renewable energy for an average of about 300 days per year for several years already. That means the government did not burn any oil, coal, or natural gas to power the country. No other country this size has done this.
Charted: China's Energy Needs Keep on Rising
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Senior Principal Consultant - Lummus Consultants
2moLooks like impressive growth. What is the basis of data for this graph? I must admit it reminds me of how my investment advisor projected my investment portfolio value when I was 21. That one didn’t age too well since the actual returns are significantly less and inflation has been significantly worse than his projections.