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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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The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. NEO 2018 sees $11.5 NEO 2018 sees $11.5

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

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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

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IEA: global energy investment stabilized above $1.8T in 2018; security and sustainability concerns growing

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Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. trillion in 2018, a level similar to 2017.

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NREL: Untapped potential exists for blending hydropower, floating PV

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Hybrid systems of floating solar panels and hydropower plants may hold the technical potential to produce a significant portion of the electricity generated annually across the globe, according to an analysis by researchers at the US Department of Energy’s National Renewable Energy Laboratory (NREL). This is really optimistic.

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Australia’s Jemena to supply green hydrogen to Hyundai from 2021; Green Gas project

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Jemena’s Managing Director, Frank Tudor, said the deal will make hydrogen gas generated from solar and wind power available to the vehicle industry. The Western Sydney Green Gas Project will convert solar and wind power into hydrogen gas via electrolysis using a 500 kW electrolyzer constructed in Western Sydney.

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Elcora acquires vanadium sites in quest to further position in battery technologies

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According to the latest BNEF forecast, 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. Elcora is devoted to unlocking the full potential of solar and wind through large-scale energy storage capacity.

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

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Electricity production in Germany, 2018. Over the long term, hydrogen-methane technology offers a further advantage: it allows surplus wind and solar power generated during peaks to be stored, and these surpluses will see a sharp increase as the share of this renewable energy grows. —Professor Buchal.

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