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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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DOE: all-electric vehicles have the lowest estimated average annual fuel cost of all light-duty vehicles

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The estimated annual fuel costs for model year (MY) 2019 all-electric light-duty vehicles are the lowest of all the different vehicle technologies, ranging from a low of $500 to a high of $900 per year, according to the US Department of Energy (DOE).

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Blue World Technologies starting production of methanol fuel cells

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Methanol fuel cell developer and manufacturer Blue World Technologies ( earlier post ) is starting limited production—the first step in commercializing its methanol fuel cell technology. The methanol fuel cell system is based on High-Temperature PEM technology and methanol to hydrogen reforming.

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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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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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HT-PEM fuel cell company Advent Technologies, Hyundai enter technology assessment, sales & development agreement

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Advent Technologies Holdings, a developer of highly efficient high-temperature PEM fuel cells, and Hyundai Motor Company have signed a technology assessment, sales, and development agreement. Advent and Hyundai aim to deliver green energy solutions to current high carbon applications, using fuel cell technology.

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Leclanché to provide battery technology for Canadian Pacific’s hydrogen-powered locomotive project

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Leclanché SA will provide its proprietary battery technology to Canadian Pacific (CP) for its innovative Hydrogen Locomotive Program. The project is designed to evaluate the combined technologies’ readiness for the freight rail sector. Earlier post.)

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