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Market Update: How Battery Pack Costs Declined Since 2008

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Electric vehicles, renewable energy systems, and grid energy storage all rely on efficient and affordable energy storage solutions, primarily lithium-ion batteries. Let’s look at the advancements in battery cost reduction, navigate through supply chain complexities, and explore the promising prospects ahead for the EV market.

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5%

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USDA announces $50M funding for two renewable energy programs; renewable biomass and biofuels

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US Agriculture Secretary Tom Vilsack announced the availability of funds for Fiscal Year 2012 for two key programs to encourage the use of renewable biomass and production of advanced biofuels. Payments will be made to producers of advanced biofuels derived from renewable biomass, other than corn kernel starch.

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EPA denies waiver of Renewable Fuels Standard

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The US Environmental Protection Agency (EPA) announced that it has not found evidence to support a finding of severe “economic harm” that would warrant granting a waiver of the Renewable Fuels Standard (RFS). evidence, such as the current price for renewable fuel credits, called RINs, which are used. EPA also looked at empirical.

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Siemens Energy secures 50 MW electrolyzer order from European Energy for first large-scale eMethanol project

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Through the nearby 300 MW solar park of Kassø, developed by European Energy, the project will have access to the low-cost renewable electricity needed to produce cost-effective e-Fuel. The plan is that the plant will be built in Kassø, located west of Aabenraa in the South of Denmark, near the German border.

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California Energy Commission awards $5M grant to AltAir Fuels to expand renewable diesel production; $3M to GFP Ethanol for sorghum feedstock

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AltAir Fuels LLC ( earlier post ) will receive $5 million to expand production of renewable diesel fuels at its Paramount facility in Los Angeles County from 30 million gallons per year to 40 million gallons per year, and allow for processing of additional feedstocks. Renewable diesel.

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Study shows bamboo ethanol in China technically and economically feasible, cost-competitive with gasoline

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Now, researchers at Imperial College London have shown that bioethanol production from bamboo in China is both technically and economically feasible, as well as cost-competitive with gasoline. million tons in 2008. An open access paper on their study is published in Biotechnology for Biofuels. gallon US) with tax exemption and a $0.16/liter

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