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BNEF: cost of new renewables rises as inflation starts to bite

Green Car Congress

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). New-build onshore wind and solar projects are now around 40% lower than BNEF’s global benchmarks for new coal- and gas-fired power.

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Our Energy crisis is self made in europe

EV Info

We have started to find out the hard way that wind and solar are pitiful in winter especially when we have no meaningful wind for days on end. While all eyes are on Ukraine and Russia, Europe’s energy woes are largely self-made, not due to outside forces. Let’s look at the bigger picture: – What has Europe done? In the U.K.,

Europe 52
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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

Green Car Congress

Producers of so-called blue, gray and brown hydrogen use either fossil fuels (natural gas or coal) or low-temperature gasification (. SGH2 is in negotiations to launch similar projects in France, Saudi Arabia, Ukraine, Greece, Japan, South Korea, Poland, Turkey, Russia, China, Brazil, Malaysia and Australia.

Waste 448
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War in Ukraine: We Need to Talk About Fossil Fuels

Cars That Think

He took the first step in Crimea in 2014 , and in the early morning hours of 24 February he ordered a large-scale invasion of Ukraine. The continent was mostly powered by locally mined coal until the 1950s, when imports of cheap Middle Eastern oil started transforming the energy picture. Certification of the €9.5 Consumption of E.U.-produced

Ukraine 122
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The Future of Fission Reactors May Be Small

Cars That Think

Even more discouragingly, nuclear’s per-unit cost increased 26 percent between 2009 and 2019—while solar and wind power prices plummeted instead. So far, Rosatom has avoided Western sanctions over Russian aggression in Ukraine. But TENEX has still become untenable for many of its would-be customers.

Future 111
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We Need More Than Just Electric Vehicles

Cars That Think

Manufacturing an EV battery using coal-based electricity results in more than three times the greenhouse-gas emissions of manufacturing a battery with electricity from renewable sources. 70 percent of lithium-ion batteries are produced in China, which derived 64 percent of its electricity from coal in 2020.