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

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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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GWU team demonstrates highly scalable, low-cost process for making carbon nanotube wools directly from CO2

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The process is constrained by the (low) cost of electricity. Larger scale C2CNT can be achieved through direct elimination of atmospheric CO 2 using solar heat and solar to electric PVs. Monel cathode substrates, electrolyte equilibration, and a mixed metal (NiChrome) nucleation facilitate the synthesis of this CNT wool.

Low Cost 300
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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

China leads the pack with a 40-70% cost reduction in utility-scale solar, onshore wind, and offshore wind compared to other Asia Pacific markets. China is expected to maintain a 50% cost advantage in renewable energy up to 2050. Distributed solar, such as residential rooftop solar, saw a 26% decrease in 2023.

Asia 52
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HyperSolar reaches 1.25 V for water-splitting with its self-contained low-cost photoelectrochemical nanosystem

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volts (V) of water-splitting voltage with its novel low-cost electrolysis technology. HyperSolar’s research is centered on developing a low-cost and submersible hydrogen production particle that can split water molecules using sunlight, emulating the core functions of photosynthesis. HyperSolar, Inc. V (at 25 °C at pH 0).

Low Cost 246
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Harvard team demonstrates new metal-free organic–inorganic aqueous flow battery; potential breakthrough for low-cost grid-scale storage

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The technology could fundamentally transform the way electricity is stored on the grid, making power from renewable energy sources such as wind and sun far more economical and reliable. Solid-electrode batteries maintain discharge at peak power for far too short a time to fully regulate wind or solar power output.

Low Cost 374
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Eneos opens demo plant in Australia to produce MCH liquid organic hydrogen carrier

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ENEOS Corporation has constructed a demonstration plant in Brisbane, Australia, to produce methylcyclohexane (MCH), a liquid organic hydrogen carrier (LOHC), using its proprietary low-cost electrochemical synthesis of organic hydride method Direct MCH. Earlier post.) The plant will begin operation this month.

Australia 476
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Cummins invests $24M in flow battery leader VoltStorage

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In addition, the international research and development team is working on the low-cost iron-salt battery, the properties of which make it particularly suitable for ensuring base load capability for wind and solar farms. Vanadium redox flow battery cell. Each battery cell is enclosed by two bipolar plates.

Batteries 467