close

Mining & Energy

Mining & Energy

China’s demand for coal imports is expected to plummet by 2025, according to new projections.

According to recent research performed by experts at The Australian National University, China's need for coal imports, particularly from Australia, will decline dramatically by 2025. (ANU). The researchers looked at China's decarbonisation ambitions as well as investments in local railroads in order to minimize reliance on seaborne coal imports and improve the country's energy security. Between 2019 and 2025, its custom-built model predicts that China's thermal imports will drop by at least 26%, from 210 megatons to 155 megatons per year. If China enacts stringent climate regulations, thermal coal imports could fall to 115 million tons per year in 2025,
Mining & Energy

The transition in energy presents an opportunity for the “world’s largest batteries.”

An asphalt-and-clay pond strewn like a massive swimming pool atop a hill overlooking Lake Michigan holds enough water to power 1.6 million homes. It's part of the Ludington Pumped Storage Plant, which employs straightforward technology: water is transported from a lower reservoir—in this case, the lake—to an upper reservoir, then discharged downhill via supersized turbines. Supporters refer to these systems as "the world's largest batteries" since they store massive amounts of potential energy for use by the power grid when needed. Pumped storage, according to the hydropower sector, is the best answer to a conundrum that has hung over the
Mining & Energy

A joint venture in India aims to produce green hydrogen on a large scale.

The Indian Oil Corporation has partnered with Larsen & Toubro and ReNew Power to develop India's nascent green hydrogen sector. Three of India's leading energy and engineering firms have formed a tripartite joint venture to supply green hydrogen on an industrial scale. Indian Oil Corporation, a major refiner and fuel retailer, has partnered with Larsen & Toubro (L & T), an engineering and construction conglomerate, and ReNew Power, a leading renewable energy company, to develop India's nascent green hydrogen sector. Furthermore, IndianOil and L & T have signed a binding term sheet to form a joint venture (JV) with equity
Mining & Energy

SGN has received funding for hydrogen transmission worth £29.9 million.

The funding received by SGN from Ofgem and gas distribution companies will determine whether the UK's transmission networks can be repurposed for hydrogen gas. SGN, a gas distribution company, has received £29.9 million in funding to test the use of high-pressure pipelines for hydrogen transmission and storage as a net-zero heating option. The funding from the UK's energy regulator, Ofgem, and gas distribution companies will aid in determining whether the UK's transmission networks can be repurposed for hydrogen gas. The project will be based in Grangemouth, Scotland, and will be carried out in collaboration with global chemical company INEOS, which
Mining & Energy

In 2021, wind and solar combined to generate 10% of global electricity, a world first.

According to the most recent data, wind and solar generated more than 10% of global electricity for the first time in 2021.Fifty countries have now achieved the 10% wind and solar milestone, with seven more expected to do so in 2021.However, coal-fired electricity increased by 9% in 2021, reaching a new high.According to the World Economic Forum, "decoupling" from fossil fuels is more important than ever. According to the Global Electricity Review 2022, wind and solar generated more than 10% of global electricity for the first time in 2021. This milestone is 9.3% ahead of 2020, according to Ember, the