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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

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The overarching objective of the study is to analyze the scale and scope of investments in low-carbon technologies in power generation, transport, buildings and industry (including heating and cooling) that are needed to facilitate such a transition in a cost-effective manner, while also working towards other policy goals. Click to enlarge.

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GE to Open Sodium-Metal Halide Battery Plant in New York

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The announcement coincides with GE’s submission this week for federal stimulus dollars from the US Department of Energy. Immelt said that GE expected to generate about $500 million in sales from its batteries by 2015, building forward to a $1-billion franchise over time. Earlier post.).

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Next 10 report finds California must increase GHG reductions to 4.9%/year through 2030 to meet target

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Assuming the same three-year average rate of reduction from 2015 to 2018 (-1.18%), California needs to quadruple the rate of reduction to achieve the 2030 goal and ramp up that rate of reduction even more to achieve the 2050 goal. Private sector investment can also drive green stimulus. California’s energy-related emissions were 9.1

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Major study concludes achieving EU 2050 transport decarbonization goals will require portfolio of advanced powertrains; fuel cells, battery-electric and plug-in hybrids

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Fast charging may become widespread, but the impact on battery performance degradation over time and power grid stability is unclear. However, it notes, an orchestrated investment plan is required to build up the first critical mass of hydrogen supply. Moreover, it takes 15-30 minutes to (partially) recharge the battery.

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

But that’s nothing compared to what Germany — who, to my recollection, wins its first-ever Top EV Country medal — did last year… Coming out of the first Covid lockdown, most Western European countries passed some version of a “mini green new deal” in their stimulus packages. Ok, if you made it thus far, then…. drumrollllll. 2ND PLACE: CHINA!

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