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

Green Car Congress

This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. The levelized cost of electricity (LCOE) from new PV plants is forecast to fall a further 71% by 2050, while that for onshore wind drops by a further 58%. BNEF sees $1.3

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Three Major Sources of Funding for EV Charging at Convenience Stores and Truck Stops

Blink Charging

In the ongoing transition to electric vehicles (EVs), convenience stores and truck stops will continue to be important places for public EV charging. Furthermore, by 2035, EVs are projected to account for 45% of the market , up from a forecast of 32% in 2030. What are the best EV chargers for convenience stores and truck stops?

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Webinar: Maximising EV gains – a strategic guide to location-driven profitability – Charged EVs

Baua Electric

The rapid rise of alternative energy vehicles has caused a seismic shift in the fuel market, offering unprecedented opportunities for operators of EV charging stations and opening new revenue streams for gas station owners, convenience stores, and retailers.

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Fraunhofer working on optimized methanol reformers to deliver hydrogen

Green Car Congress

Converting hydrogen into methanol can provide a solution, as not only is methanol much easier to transport than hydrogen, it can also be stored almost unlimited at ambient pressure. In addition, the International Energy Agency forecasts highly attractive costs of around six cents per kilowatt-hour for methanol.

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Santos reports successful CO2 capture and storage injection trial in Moomba CCS project

Green Car Congress

Ultimately, the Moomba CCS Project has the potential to store up to 20 million tonnes of carbon dioxide per year. Today, CCS projects store around 40 million tonnes per year of carbon dioxide, far short of the more than two billion tonnes of carbon dioxide the IEA forecasts that CCS projects will need to store each year by 2040.

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Heliogen and Bloom Energy demonstrate production of low-cost green hydrogen; concentrated solar and high-temp electrolysis

Green Car Congress

Electricity accounts for nearly 80% of the cost of hydrogen from electrolysis. In addition, the ability to use heat, which is a much lower cost source of energy than electricity, further improves the economics of green hydrogen production. By using less electricity, hydrogen production is more economical and accelerates adoption.

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BNEF: energy storage is a $1.2-trillion investment opportunity to 2040

Green Car Congress

The falling cost of batteries is set to drive a boom in the installation of energy storage systems around the world in the years from now to 2040, according to the latest annual forecast from research company Bloomberg NEF (BNEF). trillion in investment over the next 22 years, according to BNEF forecasts.