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BNEF: cost of new renewables rises as inflation starts to bite

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The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. More recently, labor costs started to rise.

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Benchmark launches Li-ion Battery Raw Material Price Index

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The new index allows users to accurately track real-world movements in lithium-ion battery raw material prices relative to key cathode types within the supply chain and to track the shifting cost structure of a key component of cathode and cell supply contracts. Lithium hydroxide (CIF Asia). Cobalt hydroxide (CIF Asia).

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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. China leads the pack with a 40-70% cost reduction in utility-scale solar, onshore wind, and offshore wind compared to other Asia Pacific markets.

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Loop Energy and BayoTech in joint market development agreement to accelerate deployment of hydrogen vehicles and fueling infrastructure

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With the shared goal of accelerating the transition to cost-effective, zero-emissions commercial vehicle and power generator technologies, Loop Energy and BayoTech announced a joint market development agreement for the deployment of hydrogen vehicles and hydrogen fueling infrastructure. .

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IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

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The report underlines concerns about the stability of global energy markets in the wake of the COVID-19 pandemic and follows a decision by several countries including the United States, Japan and India to release strategic petroleum reserves to cool prices. As a result, investment decisions are becoming increasingly complex.

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EIA: US ammonia prices rise in response to higher international natural gas prices; up by a factor of 6 in two years

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Because the global ammonia market is highly interconnected, the US price of ammonia closely follows international ammonia prices rather than only US natural gas prices. Prices of natural gas in Western Europe and Northeast Asia continued to rise during the 2021–22 heating season, and they averaged approximately $35.00/MMBtu

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Pike forecasts sales of electric two-wheelers in Asia Pacific to reach more than 65M units in 2018; China dominates

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Electric two-wheel vehicle sales by country, Asia Pacific: 2012-2018. China will reach more than 355 million units by 2018, with cumulative electric two-wheel vehicle sales in Asia Pacific will reach more than 381 million units in 2018. Incumbent players are teaming up with supply chain vendors and. Source: Pike Research.

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