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Wärtsilä report finds accelerated adoption of renewables can reduce electricity production costs by up to 50%

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The Front-Loading Net Zero report states that electricity production costs could be reduced by up to 50% by 2050 if countries and states adopt 100% renewable systems faster than currently planned. Utilities should keep repeating steps 1 - 3 until their systems run on 80 – 90% renewables.

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Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

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Huge and immediate need for renewable-based fuels in shipping represents opportunity for investors, according to ‘Fuelling the Fourth Propulsion Revolution’ report released today. Particular opportunity for the Global South identified as net-zero fuel production costs expected to be up to 20% lower in Latin America and Africa.

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Enel Green Power and NextChem sign MoU for green hydrogen production in US

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Enel Green Power, through its North American renewable subsidiary Enel Green Power North America, Inc. through its subsidiary dedicated to the deployment of technologies for the energy transition, NextChem , signed today a memorandum of understanding (MoU) to support the production of green hydrogen via electrolysis in the United States.

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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). Despite temporary cost rises for renewables, the gap to fossil fuel power generation continues to widen due to fuel and carbon prices rising even faster.

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EC JRC finds delivery of large amounts of green hydrogen over long distances could be cost-effective

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The European Commission’s Joint Research Center (JRC) published a policy brief showing that delivery of large amounts of renewable hydrogen over long distances could be cost-effective. This finding is important because access to sufficient amounts of renewable hydrogen at low cost is essential for achieving a climate neutral Europe by 2050.

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7 companies launch Green Hydrogen Catapult to increase green H2 production 50-fold over next 6 years

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The new “Green Hydrogen Catapult” initiative will see green hydrogen industry leaders target the deployment of 25 gigawatts through 2026 of renewables-based hydrogen production, with a view to halve the current cost of hydrogen to below US$2 per kilogram. —Paddy Padmanathan, CEO of ACWA Power. ºC campaign. degrees Celsius.

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Arctic-ready version of Nissan Ariya EV unveiled for Pole to Pole expedition

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British adventurers Chris and Julie Ramsey will cross 14 countries, through Canada, North, Central and South America to Punta Arenas in Chile before travelling to the edge of the Antarctic continent, then onward to the South Pole. Earlier post.)

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