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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

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The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. The report calculates the cost of producing electricity from different types of new power plants. The LCOE calculations are based on a levelized average lifetime cost approach, using the discounted cash flow (DCF) method.

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Yutong Bus to deliver 100 electric buses to Chile

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Under the premise of continuing the vehicle operation, the buses can be charged at a lower price at night, reducing the cost of the client’s subsequent operation. Zhengzhou Yutong Bus’ annual sales volume reaches 67,568 units, with more than 100,000 new energy buses sold to date. It only takes 2 hours to fully charge the bus.

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Shearwater Energy developing SMR wind-hybrid energy project; selects NuScale Power

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a United Kingdom-based hybrid clean energy company, is developing a wind-SMR (Small Modular Reactor) and hydrogen production hybrid energy project in North Wales. As international renewable energy portfolios grow, this collaboration highlights the increasing momentum and need for more flexible and reliable low-carbon energy generation.

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IEA: Decisive action by governments is critical to unlock growth for low-carbon hydrogen

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Governments need to move faster and more decisively on a wide range of policy measures to enable low-carbon hydrogen to fulfil its potential to help the world reach net zero emissions while supporting energy security, the International Energy Agency (IEA) says in a new report.

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DOE awards $4M to carbon capture and storage projects selected as part of ACT

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The US Department of Energy’s (DOE) Office of Fossil Energy (FE) announced $4 million in federal funding for national laboratories to collaborate with international partners on seven projects out of the 12 that were selected as a part of the Accelerating Carbon Capture and Storage Technologies (ACT) Initiative.

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ICCT study details differences in fiscal policies to support uptake of EVs across 11 major markets

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The International Council on Clean Transportation (ICCT) has published a new white paper detailing the differences in the fiscal policies used to support electric vehicle sales across eleven major auto markets. Evaluation of total cost of ownership for Norway, France, and Germany. Source: ICCT. Click to enlarge. Source: ICCT.

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DLR-led NEMESIS 2+ project develops compact direct steam reformer for diesel/biodiesel to H2

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A techno-economic evaluation, which was also carried out during the EU project, determined maximal production costs of €5.80 The EU NEMESIS 2+ project, which ran until June 2015, was coordinated by the German Aerospace Center (DLR). per kilogram of hydrogen (US$6.53). This figure is already close to the economic efficiency of the prototype.

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