Remove 2011 Remove Cost Of Remove Oil Remove Power Storage
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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

billion set in 2011. A continuing sharp decline in technology costs—particularly in solar but also in wind—meant that every dollar invested in renewable energy bought significantly more generating capacity in 2014. billion, up 7% on the year but well below its all-time high reached in 2011. billion, up 39% from 2013.

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A More Detailed Look at a Prismatic Li-ion Cell and Pack Manufacturing Process

Green Car Congress

Many analysts believe that for electric cars to be “subsidy-free competitive” with liquid-fueled cars, the costs still need to come down by a factor of two or three and oil needs to be at $100/barrel. Another way to lower the effective cost of the battery pack to the consumer is capture the pack’s residual value. NK vehicle.

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