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

Green Car Congress

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 remaining significant markets include India, Germany, Latin America, Southeast Asia, France, Australia and the UK.

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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 is expected to maintain a 50% cost advantage in renewable energy up to 2050.

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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

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The report “Decarbonizing Steel: A Net-Zero Pathway” outlines the path to making profitable, low-emissions steel and describes how a combination of falling hydrogen costs, cheap clean power, and increased recycling could reduce emissions to net zero, even while total output increases. Source: BloombergNEF.

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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. The levelized cost of electricity (LCOE) from new PV plants is forecast to fall a further 71% by 2050, while that for onshore wind drops by a further 58%. NEO 2018 sees $11.5

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Underground Coal Gasification Company In Partnership to Test Alkaline Fuel Cells for Power Generation

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Australia-based underground coal gasification (UCG) company Linc Energy ( earlier post ) has signed an exclusive agreement with the UK-based alkaline fuel cell technology company AFC Energy Plc and its related company, B9 Coal ( earlier post ). Linc Energy will have the option to extend the exclusivity period in perpetuity. Once the 3.5

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2024 Toyota BZ4X: Delayed again but higher spec promised for Tesla Model Y, Subaru Solterra rival

EV Central

Toyota Australia’s VP of sales and marketing, Sean Hanley, confirmed the BZ4X’s delay at a brand showcase this week. The price Toyota will ask for its first battery-electric offering remains a mystery, although Hanley has previously warned: “It’s not going to be cheap.”

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Devil In The Details: Is Copenhagens 2 ºC Guardrail Obsolete?

Green Car Congress

Neil Adger and Jon Barnett lay out four “reasons for concern about adaptation” to climate change, to counter “what we perceive to be a widespread belief that adaptation will be smooth, cheap, and easy to implement.”. 11 ] Victorian Coastal Council, Australia: Victorian Coastal Strategy , 10 December 2008. [ BBC, 10 December 2009. [