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BNEF: wind and solar boost cost-competitiveness versus fossil fuels

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This year has brought a significant shift in the generating cost comparison between renewable energy and fossil fuels, according to detailed analysis by technology and region, published this week by Bloomberg New Energy Finance. —Seb Henbest, head of Europe, Middle East and Africa at BNEF.

Wind 150
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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. trillion of that going to wind and solar and a further $1.5

Wind 220
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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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The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. We have already seen unprecedented coal-to-gas switching in Europe, and clean air policies in major growth markets such as India and China will drive more gas adoption in the next few years. Low-carbon gas.

Gas 243
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Enel acquires eMotorWerks to provide grid balancing solutions and tap into US e-mobility market

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The acquisition of eMotorWerks marks Enel’s entrance into the US electric mobility market. These balancing services can provide additional revenue streams for EV owners, potentially lowering the total cost of ownership of these vehicles. GW powered by renewable hydropower, wind, geothermal and solar energy.

Grid 170
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MAN Energy Solutions and Fraunhofer IST analyze options for cost-efficient hydrogen supply to Salzgitter industrial cluster

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While production costs of around €4.00 per kilogram are possible in northern Germany, hydrogen imported from Tunisia, for example, would cost at least €4.70 Firstly, due to the limited wind-energy potential in Germany, we can only cover a fraction of the prospective demand from domestic sources. —Marc Grünewald.

Hydrogen 221
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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

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The slip in the July-September quarter leaves clean energy investment for the year so far running a modest 2% below that in the first nine months of 2017—leaving open the possibility that 2018 as a whole will end up matching last year’s total, particularly if a few more multibillion-dollar offshore wind deals are concluded before Christmas.

Clean 259
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Skeleton Technologies joins Flying Whales program to develop next generation of heavy-lift, large-capacity airships

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European ultracapacitor manufacturer Skeleton Technologies will join French firm Flying Whales’ program to build a 60-ton Large Capacity Airship (LCA60T, for the global transport market. Skeleton Technologies will join the program to help design and build hybrid propulsion for the LCA60T’s electric power systems.

Morocco 199