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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.

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Consumer Reports analysis finds EV owners spending half as much on maintenance compared to owners of gas-powered vehicles

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A new analysis by Consumer Reports finds that owners of plug-in electric vehicles are spending half as much on maintenance and repair as the owners of similar gas-powered vehicles. Average maintenance/repair costs over vehicle lifetime. Average maintenance/repair costs over vehicle lifetime.

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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. Low-carbon gas.

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BNEF: cost of new renewables rises as inflation starts to bite

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The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. More recently, labor costs started to rise.

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IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

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The rebound of global CO 2 emissions above pre-pandemic levels has largely been driven by China, where they increased by 750 million tonnes between 2019 and 2021. Change in CO 2 emissions by fossil fuel, relative to 2019 levels, 2019-2021. CO 2 emissions from natural gas rebounded well above their 2019 levels to 7.5

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Ironic Today Show segment explains tips for gas mileage while anchor sits in electric vehicle

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The Today Show released a helpful segment during this morning’s broadcast, showing tips on how consumers can increase gas mileage as prices at the gas pump are reaching record levels. The only problem is NBC showed these tips on an all-electric Ford Mustang Mach-E. A week ago, it was $3.61, and a year ago, it was $2.77.

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California Energy Commission approves first local energy efficiency standards that go beyond 2019 statewide requirements

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The California Energy Commission (CEC) approved six applications for local energy ordinances that exceed statewide requirements of the 2019 Building Energy Efficiency Standards. New nonresidential construction must be all-electric and install solar generation. The 2019 standards take effect 1 January 2020.

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