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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

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. NEO 2018 sees $11.5 trillion of that going to wind and solar and a further $1.5

Wind 220
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Europe Expands Virtual Borders To Thwart Migrants

Cars That Think

If it were legal to deliver rescued migrants to Libya, it would be as cheap as sending rescue boats a few extra kilometers south instead of east. In the last five years, Europe has bestowed massive new regulatory and spending power on the European Border and Coast Guard Agency, known as. percent to €543 million in 2021.

Europe 144
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BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

Green Car Congress

The falling cost of making hydrogen from wind and solar power offers a promising route to cutting emissions in some of the most fossil-fuel-dependent sectors of the economy, such as steel, heavy-duty vehicles, shipping and cement, according to a new report from BloombergNEF (BNEF). Abatement cost with hydrogen at $1/kg (7.4/MMBtu).

Hydrogen 221
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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. Wind power isn’t far behind While solar is surging ahead in terms of cost-effectiveness, onshore wind isn’t far behind despite costs being 38% more than solar in 2023.

Asia 52
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Tesla Model Y also leads the German EV market

Push EVs

Either way, the doors have opened, and it is good to see Stellantis’ next generation platform — supporting both hatchback and touring body styles — now hitting the streets in Europe. It is now forecast that the economy may be able to avoid recession through 2023, and instead may see fractional growth ( 0.2%

Market 59
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UK power crisis – entirely the fault of regulators and ministers

EV Info

With the demise of the North Sea production as the fields empty we are increasingly reliant on the pipe that winds its way across Europe pumping Russian gas into Germany, France and other on route. Or in other words we are reliant on Putin to keep the light on and at his mercy on the cost of the gas. True cost of Smart Meters.

Power 98
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IDTechEx: market value of on-road fuel-cell vehicles to grow to $160B in 2042; 23.9% CAGR over 20 years

Green Car Congress

IDTechEx’s analysis in their new report, “ Fuel Cell Electric Vehicles 2022-2042 ”, forecasts the market value of on-road fuel cell vehicles will grow to $160 billion in 2042 at a CAGR of 23.9% over the 20-year forecast period. Relatively small fleets of heavy-duty FCEV could provide sufficient hydrogen demand to viably operate an HRS.

Market 221