article thumbnail

Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. trillion of that going to wind and solar and a further $1.5

Wind 220
article thumbnail

IEA finds CO2 emissions flat for third straight year even as global economy grew in 2016

Green Car Congress

Global energy-related carbon dioxide emissions were flat for a third straight year in 2016 even as the global economy grew, according to the International Energy Agency. In 2016, renewables supplied more than half the global electricity demand growth, with hydro accounting for half of that share.

Economy 199
article thumbnail

Maxwell Technologies to acquire Nesscap Energy for $23M; strengthens position in automotive, industrial, wind

Green Car Congress

times annualized revenue based on Nesscap’s 9-month revenue ended 30 September 2016. Key benefits of the transaction include: Expanded and solidified opportunity in Wind, Automotive, and Industrial Markets. Maxwell Technologies and Nesscap Energy Inc., Accelerated innovation and product time to market with an expanded portfolio.

Wind 150
article thumbnail

Geely supporting Danish initiative on e-methanol with vehicle trials in Aalborg

Green Car Congress

Geely Holding has provided two Geely Auto Emgrand methanol sedans ( earlier post ) and the world’s first M100 heavy truck to Danish partners as part of the long-term trial. Denmark has been a global leader in sustainability, and has pledged to reduce its carbon emissions by 70% by 2030.

Denmark 446
article thumbnail

ITM Power to deploy solar-powered hydrogen refueling station at CEME; wind-powered public H2 station opens in South Yorkshire

Green Car Congress

The station will be deployed as part of the HyFIVE project and will open to the public in Q2 2016. These three stations will be part of three European regions deploying six 700bar hydrogen refueling stations and incorporate 12 existing stations in the project.

Hydrogen 150
article thumbnail

Toyota anticipates 2016 Prius at 52 mpg combined, 56 mpg with Eco grade

Green Car Congress

Toyota anticipates that the 2016 Prius ( earlier post ) will deliver fuel economy ratings of 54 MPG city / 50 MPG highway / 52 MPG combined. The 2016 Prius uses smaller, lighter hybrid components, including a new lithium-ion hybrid battery that replaces the nickel-metal hydride battery (excluding the Prius Two non-Eco grade) in most models.

Prius 150
article thumbnail

EIA: natural gas-fired reciprocating engines are being deployed more to balance renewables

Green Car Congress

The recent increase in natural gas or dual-fuel capable reciprocating internal combustion engine units has been driven in part by advancements in engine technology that increase operational flexibility and by changes in natural gas markets that have generally provided ample supply and relatively stable fuel prices, EIA said. MW of capacity.

Gas 348