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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. More recently, labor costs started to rise.

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Benchmark launches Li-ion Battery Raw Material Price Index

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The new index allows users to accurately track real-world movements in lithium-ion battery raw material prices relative to key cathode types within the supply chain and to track the shifting cost structure of a key component of cathode and cell supply contracts. Lithium hydroxide (CIF Asia). Cobalt hydroxide (CIF Asia).

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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. China leads the pack with a 40-70% cost reduction in utility-scale solar, onshore wind, and offshore wind compared to other Asia Pacific markets.

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IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

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The energy crisis in Europe and Asia this winter is a preview of what we can expect in the years ahead. The unprecedented level of uncertainty increases the risk profile of hydrocarbon investments and the cost of capital, reshaping investment decisions, the report states.

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EIA: US ammonia prices rise in response to higher international natural gas prices; up by a factor of 6 in two years

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During this time, the price of natural gas in Western Europe (as reported at the Title Transfer Facility [TTF] in the Netherlands) and in Northeast Asia gradually rose from approximately $6.00/MMBtu Between 2012 and 2021, ammonia imports dropped from 37% of the total US ammonia supply to 14% of the total supply.

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Pike forecasts sales of electric two-wheelers in Asia Pacific to reach more than 65M units in 2018; China dominates

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Electric two-wheel vehicle sales by country, Asia Pacific: 2012-2018. China will reach more than 355 million units by 2018, with cumulative electric two-wheel vehicle sales in Asia Pacific will reach more than 381 million units in 2018. Incumbent players are teaming up with supply chain vendors and. Source: Pike Research.

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SK E&S, SK Plug Hyverse partner with Korea South-East Power for green hydrogen & green ammonia production

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SK Plug Hyverse is a provider of turnkey hydrogen solutions for the global green hydrogen economy, to pursue integrated solution businesses throughout the clean hydrogen value chain in Asia, including electolyzers. In addition, PEM electrolyzers are known for high energy density and moderate cost of maintenance.

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