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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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EIA: US energy-related CO2 emissions in 2012 lowest since 1994; reflects drop in coal use

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With the exception of 2010, emissions have declined every year since 2007. The largest drop in emissions in 2012 came from coal, which is used almost exclusively for electricity generation. The researchers estimated costs for both types of plants over a wide range of fuel prices and under both existing and pending emissions standards.

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Lux Research: cost of electrofuels remains far from viable

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Production costs per barrel of oil equivalent. The cost of electrofuels—fuels produced by catalyst-based systems for light capture, water electrolysis, and catalytic conversion of carbon dioxide and hydrogen to liquid fuels—remains far away from viable, according to a new analysis by Lux Research. Click to enlarge.

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EPRI assesses status of 8 key power generation technologies for US; estimates of capital cost and levelized cost of electricity

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Comparative levelized cost of electricity in 2025 ($/MWh) at different CO 2 prices. Representative costs are reported in constant December 2010 US dollars. LCOE calculations are based on assumptions regarding future unit operations, operating costs, fuel prices, financing terms, and inflation. Source: EPRI.

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IEA: carbon intensity of global energy supply has barely changed in last 20 years; “window of opportunity in transport”

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In a fairly bleak assessment of global progress towards low-carbon energy, the International Energy Agency (IEA) concluded that, despite a few bright spots such as the rapid expansion of renewable technologies and the growth of hybrid and EV sales, the progress is far below that required to achieve a 2 °C pathway—i.e., Source: IEA.

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Pratt & Whitney Rocketdyne Successfully Completes First in Series of Performance Tests on Compact Gasifier with Coal

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Pratt & Whitney Rocketdyne successfully completed the first in a series of performance tests on its compact gasifier, which is designed to help reduce the cost of coal gasification. The tests, conducted using Illinois coal, each lasted 12 to 37 hours at the pilot plant in Des Plaines, Ill., Earlier post.)

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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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This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. BNEF predicts that lithium-ion battery prices, already down by nearly 80% per megawatt-hour since 2010, will continue to tumble as electric vehicle manufacturing builds up through the 2020s.

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