Remove Coal Remove Europe Remove Grid Remove Supplies
article thumbnail

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.

Asia 52
article thumbnail

Energy Vault to provide 1.6 GWh of gravity energy storage to support DG Fuels SAF projects

Green Car Congress

Energy Vault, a company developing grid-scale gravity energy storage solutions, has entered into an energy storage system agreement with DG Fuels, a developer of renewable hydrogen and biogenic-based, synthetic sustainable aviation fuel (SAF) and diesel fuel. Under the terms of the agreement, Energy Vault agreed to provide 1.6

article thumbnail

Northvolt to build third gigafactory in Germany

Green Car Congress

With an annual potential production capacity of 60 GWh, Northvolt Drei will deliver a supply of sustainably produced lithium-ion batteries to the European market, sufficient for some one million electric vehicles. Northvolt intends to establish a battery gigafactory in Heide, Schleswig-Holstein, northern Germany.

Germany 250
article thumbnail

Mercedes-Benz Cars plants in Germany to be supplied with CO2-neutral energy from 2022

Green Car Congress

In Germany, all Mercedes-Benz plants will be supplied with CO 2 -neutral energy. The preparations for exclusively green electricity for a climate-friendly production in Europe are already well advanced. Thereby, we completely forego coal-based electricity and obtain our electrical energy from only renewable sources.

Germany 170
article thumbnail

ICCT LCA study finds only battery and hydrogen fuel-cell EVs have potential to be very low-GHG passenger vehicle pathways

Green Car Congress

This study uses recent data on industrial-scale battery production and considers regional battery supply chains. There will not be sufficient supply of very low-GHG biofuels, biogas, and e-fuels to decarbonize internal combustion engine vehicles, according to the ICCT.

Hydrogen 418
article thumbnail

China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

“In 2024, the entire world is in a stage of reconfiguring supply chains, geopolitics are bringing new challenges to supply chains,” CNESA said in the white paper. This is particularly important for China, which has minimal natural gas capacity, a more flexible power source than slow-ramping coal plants.

Auto 52
article thumbnail

Our Energy crisis is self made in europe

EV Info

Let’s look at the bigger picture: – What has Europe done? While all eyes are on Ukraine and Russia, Europe’s energy woes are largely self-made, not due to outside forces. Europe has made its own bed, disassembling dispatchable fuel diversity by closing well-operating coal and nuclear power plants. In the U.K.,

Europe 52