Remove 2018 Remove Fleet Remove Grid Remove Wind
article thumbnail

Cal ISO: California grid battery storage increased nearly 20x since 2019 to 5,000MW; projected to hit 52,000 MW by 2045

Green Car Congress

Today’s fleet of storage resources can capture enough electricity to power up to 5 million California homes. Escalating requirements saw the goal increase to 33% by 2020—a target that was met two years early in 2018. Senate Bill 100 (2018) accelerates the RPS goal to 60% by 2030. compared to 2020. compared to 2020.

article thumbnail

BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

Green Car Congress

Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Wind and solar grow from 7% of generation today to 48% by 2050. This will attract $13.3

Wind 207
article thumbnail

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

Green Car Congress

Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). This is a new era of dispatchable renewables, based on new contract structures between developer and grid.

article thumbnail

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

Green Car Congress

As of November 2018, the capacity of the average reciprocating engine generator was 4 megawatts (MW), compared with 56 MW for natural gas combustion turbines and 166 MW for combined-cycle units. The largest of these facilities is the Denton Energy Center, which came online in July 2018 outside Dallas, Texas, and it has twelve 18.8

Gas 348
article thumbnail

BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. thousand in 2017.

Coal 243
article thumbnail

Volkswagen outlines coming changes to charging for its EVs

Green Car Congress

This means, for example, that wind turbines won’t need to be shut down because there isn’t anyone using them. The Volkswagen brand is supporting the expansion of renewable energies by means of new wind and solar farms in Europe. The goal is complete electrification of the new vehicle fleet. million electric cars for a year.

Charging 423
article thumbnail

CESifo: EVs not the best option for reduction in on-road CO2 in Germany given power mix

Green Car Congress

Electricity production in Germany, 2018. Unfortunately, due to our grid situation, electric cars are still too early for this strategic goal in the sense of German climate protection efforts. The researchers carried out their calculations based on a Mercedes-Benz C 220 d diesel and the new Tesla Model 3. —Professor Buchal.

Germany 406