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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. The latter cost at $74 and $81 per MWh, respectively.

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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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Researchers calculate social cost of German nuclear phase-out at $12B/year; 70% from increased mortality risk

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In a working paper for the National Bureau of Economic Research (NBER), a team from UC Berkeley, UC Santa Barbara and Carnegie Mellon University (CMU) calculate that the social cost of the phase out of nuclear electricity production in Germany is approximately $12 billion per year. —Jarvis et al.

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Octillion Power Systems debuts new EV battery-leasing plan

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Octillion Power Systems, a global provider of advanced lithium-ion storage systems for electric mobility ( earlier post ), announced a new demonstrator program for battery-leasing that allows batteries to be leased to fleet customers when they purchase vehicles. —Paul Beach, president, Octillion Power Systems. —Paul Beach.

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IKEA, CMA CGM & GoodShipping successfully complete 2019 biofuel test program; HFO-equivalent bio-fuel oil

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This latest development follows the first fueling of a container ship with sustainable biofuel, when the CMA CGM White Shark took on the bunker during a call at the Port of Rotterdam in March 2019. Earlier post.).

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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. —Gabe Shenhar, associate director of CR’s Auto Test Center.

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Skeleton Technologies’ next-generation high-energy ultracapacitors to power Wrightbus’ hydrogen buses

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Skeleton Technologies is partnering with Wrightbus to supply its next-generation high-energy ultracapacitor modules to power fuel-cell buses in the UK. Based on the technology and its underlying economics, we have reason to believe that all hydrogen powered trucks and buses could eventually adopt our products.

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