Remove 2010 Remove Electrical Remove Solar Remove Wind
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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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US wind generation fell in 2023 for the first time since the 1990s

Baua Electric

Annual US power generation from wind turbines declined in 2023 for the first time since the mid-1990s – here’s why. gigawatts (GW) of new wind capacity last year, but data from the US Energy Information Administration’s “ Power Plant Operations Report ” show that US wind generation in 2023 totaled 425,235 gigawatt-hours (GWh) – 2.1%

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EIA: natural gas-fired reciprocating engines are being deployed more to balance renewables

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Source: US Energy Information Administration, Preliminary Monthly Electric Generator Inventory, January 2019. Reciprocating engines tend to be smaller than other types of natural gas-fired electricity generators and account for a relatively small share of power plants fueled by natural gas.

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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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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

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The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. Between 2010 and 2021, worldwide nickel usage grew almost 90%.

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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

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The total demand for batteries from the stationary storage and electric transport sectors is forecast to be 4,584GWh combined by 2040, providing a major opportunity for battery makers and miners of component metals such as lithium, cobalt and nickel. —Yayoi Sekine, energy storage analyst for BNEF and co-author of the report.

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GM leads in clean-energy US patents in 2010

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The Clean Energy Patent Growth Index tracks the granting of US patents in solar, wind, hybrid/electric vehicles, fuel cells, hydroelectric, tidal/wave, geothermal, biomass/biofuels and clean, renewable energy. GM received 940 US patents in 2010, placing it in the top 25 of all companies.

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