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

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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. CCC is a globally diversified company specializing in Engineering and Construction. Many more will follow.

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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

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As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. Click to enlarge. Outlook for Energy.

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Africa’s Electricity-Access Problem Is Worse Than You Think

Cars That Think

Knowing how many solar panels are on a roof informs us about the maximum possible rate of local generation but not about the annual capacity factor or about the final uses of generated electricity. Egypt, for instance, is at about 1,500 kWh/year, or a quarter of the affluent rate. first year in decades when the rate did not go up).

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COP27 Ends – How can Smart Energy Management for EV Charging Help?

Driivz

Held in Egypt from November 6 – 20, COP27 extended closing by more than a day to reach an agreement that developed nations will provide “loss and damage” funding for vulnerable countries hit hard by climate disasters. Globally, power generation accounts for about 30% of all (GHG) emissions. degrees Celsius above pre-industrial levels.

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UN Environment report says national GHG pledges only bring one-third of reductions needed for Paris Agreement

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The Paris Agreement looks to limit global warming to under 2 ËšC, with a more ambitious goal of 1.5 ËšC If the emissions gap is not closed by 2030, the report says, it is extremely unlikely that the goal of holding global warming to well below 2 ËšC can still be reached. C also on the table. C will already be well depleted by 2030.