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

Green Car Congress

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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CSIRO roadmap finds hydrogen industry set for scale-up in Australia

Green Car Congress

An economically-sustainable hydrogen industry in Australia could soon be on the cards according to a blueprint released by CSIRO, the national science agency, which found that cost-competitiveness is firmly on the horizon. Source: CSIRO. —CSIRO Chief Executive Dr Larry Marshall.

Australia 271
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Australia Goes All-in on Green Hydrogen

Cars That Think

Welcome to Australia, where a green-hydrogen boom is in full swing. And while coal plants still supplied over half of Australia’s power in 2021, change is afoot. Phantom projects are not a problem confined to Australia. Why a hydrogen truck? Why a hydrogen truck? In 2021, Ark Energy took a stake in.

Australia 145
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Wind-to-Hydrogen Tech Goes to Sea

Cars That Think

Wind and solar parks produce a large portion of their energy. Then, as now, wind farms are operating off the world’s coasts—but not all of these offshore sites are connected to the mainland via underwater power cables. Some of the wind farms instead sit in clusters more than 100 kilometers out at sea.

Wind 92
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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Coal’s market share of 30.3% Global energy consumption grew by 2.5% Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% globally, and 8.4% was the highest since 1969. Source: BP.

Coal 261
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bp and thyssenkrupp Steel to advance the decarbonization of steel production; low-carbon hydrogen and renewable power

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By replacing the coal-fired blast furnaces with direct reduction plants in which iron ore is reduced with low-carbon hydrogen, thyssenkrupp Steel intends to make steel production climate-neutral in the long term. Steel accounts for 8 to 11% of global CO 2 emissions. thyssenkrupp Steel accounts for 2.5%

Hydrogen 170
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Australia’s CSIRO creates Future Science Platform focused on hydrogen energy systems

Green Car Congress

The creation of a Hydrogen FSP will support the development of technologies that allow Australia to export its solar energy, as well as providing low emissions energy solutions for Australians. —CSIRO Energy Director Karl Rodrigues.

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