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BloombergNEF forecasts green hydrogen should be cheaper than natural gas by 2050 in some markets; falling costs of solar PV key

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In a new piece of research, BloombergNEF (BNEF) finds that the levelized cost of hydrogen (LCOH 2 ) made from renewable electricity is set to fall faster than it previously estimated. These countries accounted for one-third of global GDP in 2019. Such low renewable hydrogen costs could completely rewrite the energy map.

Cost Of 255
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Lithium-ion battery recycler ABTC expands operations and capacity with newly purchased facility

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The demand for domestically produced and sustainably sourced battery metals has grown at a near insatiable rate over recent years, as the domestic manufacturing capacity of lithium-ion batteries has grown exponentially from less than 50 GWh/year to now more than 700 GWh/year of operational and announced capacity.

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Study finds running a hydrogen plane could be cheaper than traditional aircraft by 2035; requires correct policies and incentives

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An economic study by research group Steer, and commissioned by T&E, looked at future operating costs of hydrogen planes on intra-European flights and found that they could be an efficient, cost competitive technology to decarbonize the sector, provided kerosene is taxed adequately. (If GJ—approximately €0.37/L.)

Hydrogen 415
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Zero-cobalt Li-ion battery maker SPARKZ announces site for W Va gigafactory

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SPARKZ, a battery startup with exclusive licenses from Oak Ridge National Laboratory (ORNL) to produce domestic cobalt-free lithium batteries, will begin manufacturing its zero-cobalt battery in Taylor County, West Virginia, eventually employing 350 workers. SPARKZ was founded in late 2019 and has been in innovation mode.

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Volkswagen Group opening up Modular Electric Toolkit (MEB) to third parties; seeking economies of scale

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The Volkswagen Group is opening its Modular Electric Toolkit (MEB) developed in recent years to other manufacturers. And the MEB platform will make us faster, more robust and cost-efficient. For Volkswagen, 2019 is a key year in its electric offensive, with the company stepping up the pace even further in the coming years.

Economy 170
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Rhodium Group estimates US GHG emissions rose 1.3% in 2022

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Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Consequently, the US economy grew 1.9% in 2022, down from a 5.7% GDP increase in 2021.

Emissions 273
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T&E: Electric bus orders in Europe more than doubled to 1,031 units in 2017; ~9% share of new registrations

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The lag between orders and deliveries is usually 9-12 months; T&E expects all these electric buses to be on the road by mid-2019. Nearly half of delivered and ordered electric buses come from three manufacturers: BYD: 600 units sold and a 20% market share. Yearly electric bus orders in Europe from 2009 to H12018. VDL: 500 units.

Europe 391