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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. The latter cost at $74 and $81 per MWh, respectively.

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IHS Markit: average cost of lithium-ion battery cell to fall below $100/kWh in 2023

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The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit. Cost is the name of the game.

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Japan team evaluates battery-assisted low-cost hydrogen production from solar energy

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Researchers from Japan’s NIMS (National Institute for Materials Science), the University of Tokyo and Hiroshima University have jointly conducted a techno-economic analysis for hydrogen production from photovoltaic power generation (PV) utilizing a battery-assisted electrolyzer. This approximately converts to US$1.92 to US$3.00/kg

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New long-duration, extended capacity Na-Al battery design for grid storage

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Researchers led by the Department of Energy’s Pacific Northwest National Laboratory (PNNL) have extended the capacity and duration of sodium-aluminum batteries. The new sodium-based molten salt battery uses two distinct reactions. h is achieved with an estimated raw active materials cost of $7.02 of peak charge capacity.

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Tesla’s solar neighborhood in Austin could help TX learn if renewables are viable

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The project aims to build the first Tesla Solar neighborhood, making a sustainable residential community. The Tesla Solar neighborhood was provisionally named SunHouse at Easton Park. The solar and home battery units are integrated into the homes’ sale price as well, much like state-of-the-art appliances.

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Highview Power and Encore Renewable Energy to co-develop the first long-duration, liquid-air energy storage system in US

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a provider of long duration energy storage solutions, and Encore Renewable Energy, a developer of renewable energy generation and storage projects, jointly announced plans to develop the United States’ first long-duration, liquid-air energy storage system. Highview Power Storage, Inc.,

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BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

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Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Wind and solar grow from 7% of generation today to 48% by 2050. Global power generation mix.

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