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BloombergNEF forecasts green hydrogen should be cheaper than natural gas by 2050 in some markets; falling costs of solar PV key

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In a new piece of research, BloombergNEF (BNEF) finds that the levelized cost of hydrogen (LCOH 2 ) made from renewable electricity is set to fall faster than it previously estimated. These costs are 13% lower than BNEF’s previous 2030 forecast and 17% lower than its old 2050 forecast. MMBtu) by 2050 in most modeled markets.

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Navigant forecasts MHD vehicle market to nearly double by 2035 with declining share of conventional engines; gases win out over electricity

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The number of medium- and heavy-duty vehicles (MHDVs) in use worldwide will nearly double between 2014 and 2035, according to a new forecast report by Navigant Research. Navigant projects that annual MHDV sales will grow throughout the forecast period at a compound annual growth rate (CAGR) of 2.4%. of the market in 2014 to 11.2%

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Navigant forecasts plug-in and fuel cell vehicles to be 2.5% of all vehicles in use in 2035; global parc of >2B vehicles

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The company forecasts that annual LDV sales will grow to 126.9 over the forecast period—i.e., Hybrid-electric and natural-gas (HEVs and NGVs) will account for almost 8% of global share, while plug-in hybrid (PHEV), battery-electric (BEV), and fuel-cell electric (FCV) together will add up to almost 2.5%

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Researchers forecast light-duty vehicle electricity use in 2050 considering electrification, autonomy and sharing: 13-26% of total demand

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Considering electrification, autonomy and sharing (the “Three Revolutions”), a team from Boston University and the University of California, Berkeley projects that electricity use from light duty vehicle (LDV) transport will likely be in the 570–1140?TWh TWh range—13–26%—respectively, of total electricity demand in 2050.

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Pike Research forecasts US plug-in vehicle penetration rates to be highest in smaller states

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Pike Research forecasts that annual sales of plug-in electric vehicles (PEVs) will reach 358,959 vehicles by 2017, representing a compound anual growth rate (CAGR) of 43% between 2011 and 2017. Hawaii, which typically has among the highest gas prices in the nation, will be the top state, with PEVs representing 6.3%

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IBM introduces new wind and solar forecasting system for utilities; big data analytics and weather modeling to predict output

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The solution combines weather prediction and big data analytics to forecast accurately the availability of wind power and solar energy. By utilizing local weather forecasts, HyRef can predict the performance of each individual wind turbine and estimate the amount of generated renewable energy.

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Navigant forecasts global annual sales of LDVs of 122.6M by 2035, up 38% from 2015

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In a new report, Navigant Research forecasts global annual sales of light duty vehicles will reach 122.6 Navigant expects sales of conventional internal combustion engine (ICE) vehicles will fall significantly over the forecast period, experiencing a CAGR of -6.6%. Vehicles fueled exclusively by electricity will represent 1.3%

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