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Large differences among the recent increases in the cost of powering gasoline, diesel, and electric vehicles

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This post examines the recent changes in the costs of powering gasoline, diesel, and electric vehicles. The expectation was that the cost of electricity had recently increased much less than the costs of gasoline and diesel. by Michael Sivak, Sivak Applied Research.

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NYU team develops novel ion-conducting copolymer to increase power and reduce cost of fuel cells

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Researchers at the NYU Tandon School of Engineering, led by Miguel Modestino, professor of chemical and biomolecular engineering, and Lawrence Berkeley National Laboratory have developed a novel ion-conducting polymer (ionomer) that increases the power and lowers the cost of fuel cells.

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DOE to fund research to reduce costs of high-voltage direct current (HVDC) transmission

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The US Department of Energy’s (DOE) Wind Energy Technologies Office (WETO) and Office of Electricity (OE) plan to fund (DE-FOA-0003241) research to drive innovation and reduce costs of high-voltage direct current (HVDC) voltage source converter (VSC) transmission systems.

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DOE awards Core Power and MIT Energy Initiative funding for floating nuclear power research project

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The US Department of Energy’s Nuclear Energy University Program ( NEUP ) has awarded research funds to the MIT Energy Initiative, CORE POWER, and the Idaho National Laboratory for a three-year study into the development of offshore floating nuclear power generation in the US. Funding would come from the $1.2-trillion Concept of OFNP.

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

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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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IHS Markit: average cost of lithium-ion battery cell to fall below $100/kWh in 2023

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The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit. Cost is the name of the game.

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Aramco to explore hydrogen-powered vehicle business with Gaussin

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The Saudi Arabian Oil Company (Aramco) signed five agreements with leading French companies, including an agreement to explore a hydrogen-powered vehicle business with Gaussin , a pioneer in clean and intelligent transport solutions. Gaussin hydrogen-powered Dakar racer. Additional MoUs.