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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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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. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. NEO 2018 sees $11.5

Wind 220
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EIA reports a 3.9% increase in US energy-related carbon dioxide emissions in 2010

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Factors contributing to the growth in energy-related CO 2 emissions in 2010. US carbon dioxide emissions from the consumption of fossil fuels were 5,638 million metric tons carbon dioxide (MMTCO 2 ) in 2010, an increase of 3.9% Since 1990, US carbon dioxide emissions have grown at an average annual rate of 0.6%.

2010 268
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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). BloombergNEF’s estimates for the global LCOE for utility-scale PV and onshore wind rose to $45 and $46 per megawatt-hour (MWh), respectively, in the first half of 2022.

Cost Of 210
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Dominion Energy sets new goal of net zero emissions by 2050 for both power generation, natural gas operations

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The goal covers carbon dioxide and methane emissions, the dominant greenhouse gases, from both electricity generation and gas infrastructure operations. Dominion currently has cut carbon emissions approximately 50% since 2005 and reduced methane emissions by nearly 25% since 2010. Transportation.

Emissions 207
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CMU study finds that coal retirement is needed for EVs to reduce air pollution

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Electric vehicles charged in coal-heavy regions can create more human health and environmental damages from life cycle air emissions than gasoline vehicles, according to a new consequential life cycle analysis by researchers from Carnegie Mellon University. That’s why the shift away from coal is so important for EVs. Jeremy Michalek.

Coal 150
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Researchers Say Mix of Policies and Current or Near-Term Technologies Could Phase Out US CO2 Emissions from Coal-Fired Power Plants by 2030

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CO 2 emissions from US coal-fired power plant could be phased out entirely by 2030 using existing technologies or ones that could be commercially competitive with coal within about a decade, according to a paper published online 30 April in the ACS journal Environmental Science & Technology. Credit: ACS, Kharecha et al.

Coal 239
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IEA: global energy demand rose by 2.3% in 2018, fastest pace in the last decade; CO2 emissions up 1.7%

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Solar and wind generation grew at double-digit pace, with solar alone increasing by 31%. Still, that was not fast enough to meet higher electricity demand around the world that also drove up coal use. Coal use in power generation alone surpassed 10 Gt, accounting for a third of the total increase. to 33 Gigatonnes (Gt) in 2018.

2018 207