fossil fuel cost Articles

  • Pros and Cons of Fossil Fuels

    Used for centuries, fossil fuels have played a vital role in every individual’s life. It has been used for domestic and industrial purposes all across the world. Alike any other thing, it also has some advantages and disadvantages. Fossil fuels are the derivative of plant and animal fossils. As the name suggests, these are made from organic remains or decay of plants and animals. These ...


    By Jay Khodiyar Machine Tools

  • Will we ever stop using fossil fuels?

    Not without a carbon tax, suggests a study by an MIT economist. In recent years, proponents of clean energy have taken heart in the falling prices of solar and wind power, hoping they will drive an energy revolution. But a new study co-authored by an MIT professor suggests otherwise: Technology-driven cost reductions in fossil fuels will lead us to continue using all ...

  • Denmark could become fossil fuel-free by 2050

    Danish climate commission claims that tax hikes and price rises on fossil fuel will turn renewables into an affordable choice. According to the Danish climate commission, Denmark could become fossil fuel-free by 2050, at a net cost of just US$2.95 billion. The report that sets the fossil fuel free goal makes the case for investing an amount equivalent to 0.5% of the country’s annual GDP in ...


    By Vital Efficienci Ltd.

  • Fossil Fuel Development in the Arctic is a Bad Investment

    Even master chess players can miss a great move when they have been primed to look for a different one. To explore this phenomenon, researchers tracked master chess players’ eye movements when given chessboards with different layouts. With the first board, players could reach checkmate using a familiar move. When given the second chessboard, the players' eyes kept looking at the pieces ...


    By Earth Policy Institute

  • Briquettes - A Perfect Replacement of Fossil Fuel for Manufacturing Facilities

    Large scale manufacturing units highly depend on fossil fuel, which not just pollutes environment, but also increases their overall cost. Briquettes make a perfect substitute of fossil fuel. Industrial briquetting press can produce high quantity of briquettes to meet with huge demand. Find out other benefits of briquettes for manufacturing units. Effective waste management as well as environment ...

  • Fossil-Fuel Divestment: Where Should the Money Flow?

    In January 2014, a group of 17 foundations preceded the Fund, committing to divest $1.7 billion, which has grown to over 100 foundations and over $5 billion in pledges over the past 18 months. In early June 2015, the Norwegian government committed to ...


    By GLOBE Foundation

  • Carbon Capture and Storage From Fossil Fuels and Biomass – Costs and Potential Role in Stabilizing the Atmosphere

    Abstract The capture and storage of CO2 from combustion of fossil fuels is gaining attraction as a means to deal with climate change. CO2 emissions from biomass conversion processes can also be captured. If that is done, biomass energy with CO2 capture and storage (BECS) would become a technology that removes CO2 from the atmosphere and at the same time deliver CO2-neutral energy carriers ...


    By Springer

  • Synergistic energy conversion processes using nuclear energy and fossil fuels

    This paper reviews the methods of producing energy carriers, such as electricity, hydrocarbons and hydrogen, by utilising both nuclear energy and fossil fuels synergistically. There are many possibilities for new, innovative, synergistic processes, which combine chemical and nuclear systems for efficient, clean and economical production of energy carriers. Besides the individual processes by each ...


    By Inderscience Publishers

  • The Energy Game is Rigged: Fossil Fuel Subsidies Topped $620 Billion in 2011

    The energy game is rigged in favor of fossil fuels because we omit the environmental and health costs of burning coal, oil, and natural gas from their prices. Subsidies manipulate the game even further. According to conservative estimates from the Global Subsidies Initiative and the International Energy Agency (IEA), governments around the world spent more than $620 billion to subsidize fossil ...


    By Earth Policy Institute

  • Support for fossil fuels remains high but the time is ripe for change

    Government support to fossil fuel consumption and production in OECD countries and key emerging economies remains high, at USD 160-200 billion annually, according to a new OECD report. This support is hampering global efforts to curb emissions and combat climate change. The ...

  • The power generation sector's demand for fossil fuels: a quantitative assessment on the viability of carbon fees for the reduction of greenhouse gas emissions

    The demand for fossil fuels by Ontario's conventional steam power generation sector is examined in this paper. It is hypothesised that the enactment of a carbon fee policy will induce a change in the relative prices of the three fuels used in this sector (coal, natural gas and heavy fuel oil). This would lead to substantial interfuel substitution and greenhouse gas abatement. The demand share ...


    By Inderscience Publishers

  • Renewables expert hits out at electricity supply subsidies for fossil generators

    One of the UK’s leading renewable energy specialists has accused the Government of “gross hypocrisy” over the electricity supply auctions that began this week - less than seven days after the UK signed up to the landmark Lima Accord designed to cut carbon emissions. The controversial auction - which will see up to £1.8 billion in subsidies given to obsolete ...


    By UrbanWind

  • Evaluation of desalination costs with DEEP

    Detailed analysis has shown several discrepancies and pitfalls of coupling an economic evaluation code, such as SEMER to the desalination cost evaluation code DEEP. This paper resumes our findings, which may be of interest to other DEEP users. The paper in particular deals with the following issues: why is it that power costs from nuclear systems are systematically higher in DEEP than those given ...


    By Inderscience Publishers

  • CCS - generation cost implications

    With government FEED contracts awarded for two new schemes, end-to-end CCS projects could finally become a reality in the UK. In an environment where energy prices are constantly scrutinised, how much will this CCS-produced electricity cost? Marc Height listened to the experts. Carbon capture and storage (CCS) is currently enjoying a new surge of interest following a period of relative ...


    By Energy Institute (EI)

  • Renewable Power Generation Costs in 2014

    Executive Summary The competiveness of renewable power generation technologies continued improving in 2013 and 2014. The cost-competitiveness of renewable power generation technologies has reached historic levels. Biomass for power, hydropower, geothermal and onshore wind can all now provide electricity competitively compared to fossil fuel-fired power generation (Figure ES 1). ...

  • Hydrogen Generator Fuel

    Hydrogen is a very valuable alternative to fossil fuel for distributed energy generation, delivering a high powered solution with minimal environmental and safety concerns. Green businesses, telecomm providers, governments, and renewable energy advocates can now produce on-demand energy for their assets, at minimal cost and using commercially available equipment. This article will look at the ...


    By Verde LLC

  • Why the fossil-fuelled reactor fleet in France will not be affected by an evolution of the wind power capacity

    Today's power electronics can confer high-performance adjustment capabilities on any technological object, including the frequency-power and voltage tuning of modern, synchronous-type wind turbines. However, this will not enable such devices to steadily produce electric power from an uncontrolled mechanical energy. Thus they cannot be considered independent generation units: the need to ...


    By Inderscience Publishers

  • The importance of external costs for the competitiveness of renewable energies

    Low environmental damage is one of the main justifications for solar energy, especially now that supply security has slipped from public consciousness. In recent years, there has been much progress in the analysis of environmental damages, in particular thanks to the ExternE (external costs of energy) Project of the European Commission. This note presents a brief summary and comparison of ...


    By Inderscience Publishers

  • More transparency needed on solar field cost and performance

    Novatec Biosol will be participating actively in the 4th International Concentrated Solar Thermal Power Summit (Nov 15-17) as an exhibitor and sponsor. The rise of the Fresnel system to the hierarchy of CSP is one of the issues that will be actively discussed at this industry flagship event with a 700 strong attendance. CSP Today: What are ...


    By FCBI Energy

  • Projected Costs of Generating Electricity - 2015 Edition

    This joint report by the International Energy Agency (IEA) and the Nuclear Energy Agency (NEA) is the eighth in a series of studies on electricity generating costs. As policy makers work to ensure that the power supply is reliable, secure and affordable, while making it increasingly clean and sustainable in the context of the debate on climate change, it is becoming more crucial that they ...


    By International Energy Agency

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