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

Green Car Congress

This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades.

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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. This is significant because it marks a shift toward making renewables increasingly competitive with coal, a mainstay in APAC’s energy mix. Get started here. –

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BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

Green Car Congress

Renewable hydrogen can be made by splitting water into hydrogen and oxygen, using electricity generated by cheap wind or solar power. Heavy trucks could also be cheaper to run on hydrogen than diesel by 2031, although batteries remain a cheaper solution for cars, buses and light trucks. Abatement cost with hydrogen at $1/kg (7.4/MMBtu).

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How fusion will make all the things electric

Spark Powered

One of the biggest complaints about electric cars is that they supposedly require the increased consumption of coal and other fossil fuels to power them. Once fusion is truly established and on the grid the price of electricity will plummet, then it will all be about batteries. This kills that silly argument once and for all.

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ARPA-E Soliciting Second Round of Proposals; $100 Million for Advanced Energy Research Projects, with Focus on CO2-to-Liquid Fuels, Plug-in Batteries and Carbon Capture

Green Car Congress

The second round is focused specifically on three areas of technology representing new approaches for advanced microbial biofuels, carbon capture, and batteries for electric vehicles. Batteries for Electrical Energy Storage in Transportation (BEEST). Earlier post.)

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Global solar growth is on track for another record-breaking year

Baua Electric

Countries need to plan for a solar-powered future to make the most of the cheap power this technology can provide.” Ember’s analysis also finds that solar capacity additions in 2024 will likely surpass the entire global increase – 540 GW – in coal power capacity since 2010.

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CMU study finds controlled EV charging can reduce generation cost, but at greater health and environmental costs depending upon the generation mix

Green Car Congress

Results from the study also suggest that with sufficient coal plant retirement and sufficient wind power, controlled charging could result in positive net benefits instead of negative. Small Battery: For this scenario, they modified the base case so that the vehicle fleet is based on the Toyota Plug-in Prius.

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