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BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

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Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Wind and solar grow from 7% of generation today to 48% by 2050. This will attract $13.3

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Heating Buildings With Solar Energy Stored in Sand

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In a region known for long, dark winter nights, Polar Night Energy is building a system in the city of Tampere that can heat buildings with stored solar energy — all day, all night, and all winter long. These initiatives have largely focused on renewable electric power generation, distribution, and storage.

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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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This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. BNEF predicts that lithium-ion battery prices, already down by nearly 80% per megawatt-hour since 2010, will continue to tumble as electric vehicle manufacturing builds up through the 2020s.

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German power-to-gas facility opens green methanation plant; €28M STORE&GO project

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million) STORE&GO research project. It can be made available to a variety of markets, such as the manufacturing sector, the electricity, and heating market as well as the mobility sector. This stored energy is then available as backup whenever there is an insufficient supply of solar and wind power.

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Hydrogen Battery "Sponges" Store Solar for the Grid

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A novel project in Australia aims to harness the sun’s energy in two different ways: by storing it and by using it to produce green hydrogen. Dozens of solar farms in the country’s southeastern region are slated to use “ hydrogen batteries ” in coming years. All together they’ll represent a 300-megawatt solar installation.

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Opinion: Reinventing fuel-based power for a more secure and resilient grid

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With battery storage able to provide a unique role in balancing a renewable electricity grid, Toby Gill, CEO of Intelligent Power Generation, asks could innovations in green hydrogen and biofuel technologies contribute to a more optimized and economical energy mix? A line of electricity pylons in the UK countryside.

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Study finds direct seawater splitting has substantial drawbacks to conventional water splitting, offers almost no advantage

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For the implementation of a sustainable energy economy, the greatest challenge is the weather-depending, fluctuating electricity production of wind and solar power plants. To store the green electricity in a highly scalable way, it must be converted into chemical energy. —Driess et al.

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