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New Road Map to a US Hydrogen Economy

Green Car Congress

A coalition of major oil & gas, power, automotive, fuel cell, and hydrogen companies have developed and released the full new report, a “ Road Map to a US Hydrogen Economy. ” Road Map to a US Hydrogen Economy ”. The US is home to industrial sector leaders capable of scaling a hydrogen economy. Road Map to a US Hydrogen Economy.

Economy 521
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BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

Green Car Congress

Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Wind and solar grow from 7% of generation today to 48% by 2050.

Wind 207
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MITEI study finds hydrogen-generated electricity is a cost-competitive candidate for backing up wind and solar

Green Car Congress

A team at MITEI (MIT Energy Initiative) has found that hydrogen-generated electricity can be a cost-competitive option for backing up wind and solar. California draws more than 20% of its electricity from solar and approximately 7% from wind, with more VRE coming online rapidly. —Drake Hernandez.

Wind 170
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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

Green Car Congress

Investment in new large- and small-scale solar projects rose to a record-breaking $120 billion, up 33% from the first half of 2021. Wind project financing was up 16% from 1H 2021, at $84 billion. China posted remarkable investment growth in both wind and solar project finance, according to the report.

Financing 243
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EGEB: New Jersey approves US’s largest combined offshore wind farm

Electrek

In today’s Electrek Green Energy Brief (EGEB): New Jersey approves US’s largest combined offshore wind project, Atlantic Shores and Ocean Wind II. Transitioning to clean energy will grow the global economy, as investments will pay off, reports IRENA. Tesla now offers price matching, so it’s important to shop for the best quotes.

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Avangrid just broke ground on its first solar farm in California

Baua Electric

Photo courtesy of Tom Brewster/BLM California Avangrid (NYSE: AGR), one of the US’s largest clean energy operators, has begun construction on its first solar farm in California. GW of installed capacity of renewables in the US, is building the 57-megawatt (MW) Camino Solar Project in Kern County, California. Get started here. –ad*

Solar 52
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New Jersey resuscitates offshore wind with two new projects

Baua Electric

Photo: Ocean Wind 1 Ørsted dealt New Jersey a massive blow by canceling 2.2 gigawatts (GW) of offshore wind last year, but the state just added 3.7 New Jersey was expected to announce another offshore wind solicitation at the beginning of 2024, and it’s delivered. GW of new projects to its pipeline.