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

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The report’s findings suggest that renewable hydrogen could be produced for $0.8 When including the cost of storage and pipeline infrastructure, the delivered cost of renewable hydrogen in China, India and Western Europe could fall to around $2/kg ($15/MMBtu) in 2030 and $1/kg ($7.4/MMBtu) kg in most parts of the world before 2050.

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Power-to-gas trial to inject hydrogen into Australia’s gas grid; A$5M award to AquaHydrex

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The Australian Renewable Energy Agency (ARENA) announced a trial for a new type of electrolyzer which could see excess renewable energy stored in the gas grid and used to decarbonize Australia’s gas supply. In the future, there will be increasing amounts of surplus renewable energy when it is sunny or windy.

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

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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. —Elena Giannakopoulou, head of energy economics at BNEF. BNEF sees $1.3

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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

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These include energy shifting (moving in time the dispatch of electricity to the grid, often from times of excess solar and wind generation), peaking in the bulk power system (to deal with demand spikes), as well as for customers looking to save on their energy bills by buying electricity at cheap hours and using it later.

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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.

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BYD’s home city in China now has more supercharging plugs than gas pumps

Baua Electric

So all those cheap EVs need to be fast-charged, and what better place to expand than BYD’s home city? According to data from the Southern Power Grid Shenzhen Power Supply Bureau, Shenzhen’s EV charging volume reached 670 million kilowatt-hours in Q1 2024, an 11% increase year-over-year. The city of 12.5

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Study sees gradual, focused replacement of lead-acid SLI batteries by Li-ion batteries over next couple of years

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The researchers also concluded that the energy market sector and its use of the lead-acid battery will continue to grow with significant expansion in use for storage in renewable energy systems. There will still be a need for a 12 V battery for the supply of auxiliary power that will not necessarily be a Pb-acid SLI battery.

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