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

Green Car Congress

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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Africa’s Electricity-Access Problem Is Worse Than You Think

Cars That Think

Knowing how many solar panels are on a roof informs us about the maximum possible rate of local generation but not about the annual capacity factor or about the final uses of generated electricity. This means that in 2019 about 770 million people had no electricity, three-quarters of them in Africa.

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Falling Domestic Fares and an A.I. Arms Race: What Travelers Can Expect in 2024

Baua Electric

billion in 2019, according to the International Air Transport Association. More distant destinations, including Egypt and India, are also gaining traction as well as polar excursions and world cruises, she said. In North America, one of the most anticipated events is the total solar eclipse on April 8.

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