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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. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. trillion of that going to wind and solar and a further $1.5

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CMU researchers find controlled charging of PHEVs can cut cost of integration into electricity system by 54-73%; higher benefits with wind power

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In a new study published in the journal Applied Energy , Carnegie Mellon University (CMU) researchers found that controlled charging of plug-in hybrid electric vehicles (PHEVs) reduces the costs of integrating the vehicles into an electricity system by 54–73% depending on the scenario.

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Lux Research: cost of electrofuels remains far from viable

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The cost of electrofuels—fuels produced by catalyst-based systems for light capture, water electrolysis, and catalytic conversion of carbon dioxide and hydrogen to liquid fuels—remains far away from viable, according to a new analysis by Lux Research. Click to enlarge. Hydrogen-to-fuels. Biotech Fuels Solar'

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

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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).

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Study suggests widespread use of EVs may negatively impact land use

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In an open-access study published in the journal Sustainable Cities and Society , Francesco Orsi, of the Landscape Architecture and Spatial Planning Group, Wageningen University & Research, the Netherlands, suggests that widespread adoption of electric vehicles may have a negative impact on land use. —Orsi (2021). 2020.102680.

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Report: EV factories may be leading utilities to dirtier decisions

Baua Electric

New factories producing EVs and their batteries are bringing more jobs to the Southeast, but utilities are trying to meet the power demands of these factories with natural-gas power plants rather than renewable energy, reports Energy News Network. for the past decade and a half.

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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. The driving force behind this trend is the substantial reduction in capital costs for renewable energy projects.

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