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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

Wind 220
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GE using Large Eddy Simulation on Sandia’s Red Mesa to lay groundwork for quieter wind turbine blades with better power yield

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Transition of flow to turbulence on a wind-turbine airfoil; isosurfaces of vorticity from a Large Eddy Simulation (LES). In a 2011 survey of techniques to reduce wind turbine blade noise, Sandia researcher Matthew Barone noted that: There are two primary classes of noise sources on a wind turbine. Credit: GE Global Research.

Wind 218
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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.

EPRI 239
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NYSERDA offering up to $21.6 million to support installation and operation of stationary fuel cell systems

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million through 2015 for incentives toward the cost of stationary fuel cell installation, plus payments over the first three years of operation based on power produced. The RPS, created by the state Public Service Commission in 2004 to reduce dependence on fossil fuels, is administered by NYSERDA and collected from utility ratepayers.

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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. The competition goal is to develop low-cost methods of robotic space exploration, thereby opening access to the moon and its valuable resources. Since 2004, public and private entities have invested more than $1.5 prosthetic eye, haptics).

Water 231
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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.

Congress 150
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Lowering costs by helping technologies cross the Valley of Death between pilot scale production and commercialization is the charter of the proposed Clean Energy Deployment Administration (CEDA) which was discussed by attendees. Costs are also falling due to classic economics. Earlier post.).

Financing 150