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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). The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. The latter cost at $74 and $81 per MWh, respectively.

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Study confirms €1T green hydrogen potential for Africa

Green Car Congress

Africa can produce 50 million tons of green hydrogen a year by 2035, according to a new study by the European Investment Bank (EIB), International Solar Alliance and the African Union, with the support of the Government of Mauritania, HyDeal and UCLG Africa. This is equivalent to energy costs of US$60 a barrel.

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Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

Green Car Congress

The Middle East represents a big opportunity and a very promising region for us, given the high levels of solar exposure, strong appetite for green hydrogen projects, and strategic geographic position between Europe and Asia. However, the cost is one very large fly in the ointment. Its simplicity allows it to be versatile in its use.

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More than 50 percent of MoUs signed in Vibrant Gujarat are green | Autocar Professional

Baua Electric

We are expanding the green supply chain and creating the largest green energy system, green electrolysers, solar panels, and manufacturing of ammonia to support green growth.” Lakshmi N Mittal, Executive Chairman of ArcelorMittal said that fair and transparent governance has been the hallmark of the state’s policy.

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

This geographically diverse group comprises Brazil and Mexico in the Americas; South Africa and Nigeria in Africa; Egypt and Turkey in North Africa/Mediterranean; Saudi Arabia and Iran in the Middle East; as well as Thailand and Indonesia in Asia. The OECD represents the developed economies.

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Falling Domestic Fares and an A.I. Arms Race: What Travelers Can Expect in 2024

Baua Electric

Reasons for the falling prices include increased airplane capacity — the number of seats on a given route — and a drop in the cost of jet fuel. More distant destinations, including Egypt and India, are also gaining traction as well as polar excursions and world cruises, she said.

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MIT study cautions smaller nations on rushing to develop their natural gas resources; Cyprus as model

Green Car Congress

The Levant Basin contains the activity closer to Cyprus, while the gas production offshore Egypt is a part of the Nile Delta Basin. A major joint research project has therefore been investigating the use of concentrated solar power to produce both electricity and desalinated seawater. Operating maintenance costs were set at $0.20/MMBtu

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