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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

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Global cumulative energy storage installations. BNEF projects that it will be made possible by further sharp declines in the cost of lithium-ion batteries, on top of an 85% reduction in the 2010-18 period. The report goes on to model the impact of this on a global electricity system increasingly penetrated by low-cost wind and solar.

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ADB draft report says 3B Asians could become affluent by 2050; significant challenges

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An additional 3 billion Asians could enjoy higher living standards by 2050, but only if Asia sustains its present growth momentum and addresses significant multigenerational challenges and risks, according to a new report commissioned by the Asian Development Bank (ADB). —Haruhiko Kuroda.

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Where to Get the Most Bang for Your Buck

Baua Electric

tourists,” said Erina Pindar, the chief operating officer and managing partner at SmartFlyer , a global travel agency based in New York City. Getting around Australia by air isn’t cheap either, especially since the recent collapse of the low-cost carrier Bonza. noting that the cost of living is low on the island.

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Perspective: Despite Solyndra’s death, the future of solar energy is sunny

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With subsidies long in place for nuclear, coal and gas in the US along with the cheap cost of production for coal and natural gas, solar is essentially competing with that $0.10/kWh kWh average cost of electricity in the United States and globally. We are already facing serious ramifications of fossil fuel emissions.

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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

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In a new study, KPMG International has identified 10 “megaforces” that will significantly affect corporate growth globally over the next two decades. Total environmental cost 2010 vs growth in environmental cost since 2002 vs environmental intensity improvement. Source: KPMG. Click to enlarge.

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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The International Energy Agency (IEA) last week launched the 2011 edition of the World Energy Outlook (WEO), the current edition of its annual flagship publication assessing the threats and opportunities facing the global energy system out to 2035. While there is still time to act, the window of opportunity is closing. —WEO 2011.

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CalSEED awards $4.2M to early-stage clean energy innovations

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EH Group Technologies Inc will develop an electrolyzer system based on a radical new design and with a transformative manufacturing technique that dramatically reduces costs. Their goal is to test an innovative electrolyzer concept for the cheap production of green (CO 2 -free) hydrogen for a decarbonized future. is developing a?rechargeable

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