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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. trillion of that going to wind and solar and a further $1.5 NEO 2018 sees $11.5

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EPRI Analysis estimates costs of fully developing US smart grid could reach $476B; benefits up to $2T

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The analysis updates EPRI’s 2004 EPRI assessment, which estimated the cost of implementing a smart grid at $165 billion. Mark McGranaghan, EPRI vice president of Power Delivery and Utilization, says the increased costs of the current analysis reflect a more advanced and expansive vision for the smart grid.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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The increase reflected several influences, according to the report, including a boom in solar installations in China and Japan—totalling $74.9 Wind, solar, biomass and waste-to-power, geothermal, small hydro and marine power contributed an estimated 9.1% Investment in solar jumped 29% to $149.6 billion), India ($7.4

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X PRIZE Foundation Aims to Launch $100M in Prizes Over Next 10 Years, Targeting 4 Key Areas

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Clean Energy : solar/PV, wind, geothermal, hydro, tidal, biofuels. Space Transportation : beamed power propulsion, hypersonic point to point, solar power satellite. The competition goal is to develop low-cost methods of robotic space exploration, thereby opening access to the moon and its valuable resources.

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Inside the Universe Machine: The Webb Space Telescope’s Ultra-Reliable Radio

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He became the mission systems engineer in 2004. “I JWST will stay connected via the Deep Space Network (DSN)—a resource it shares with the Parker Solar Probe , Transiting Exoplanet Survey Satellite , the Voyager probes , and the entire ensemble of Mars rovers and orbiters , to name just a few of the other heavyweights.

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Story of TESLA Motors: Beginning, Fight, Survival, and Success

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Musk Joining The Venture (2004). million dollars in the year 2004 and got to be the chairman of the board of directors. In 2008, Tesla unveiled its first effort to reduce the cost of its goods, the Model S sedan, which would cost $76,000, or three-quarters of the Roadster’s price. Musk invested 6.3 The Good Times.

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US DOE Issues Request for Information on Hydrogen and Fuel Cell Market Development; Reports to Congress on Program

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Hydrogen produced by water electrolysis has the potential to be a useful means of storing excess electricity generated using wind, solar, and other intermittent renewable energy. billion with private sector cost-sharing). The 2015 cost target was $2-$3/gge. System cost remains an issue. Report to Congress.

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