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BNEF: cost of new renewables rises as inflation starts to bite

Green Car Congress

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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Self-Generation Nation – Solar Sales Soar Amid Escalating Energy Costs

My Energi

Self-Generation Nation – Solar Sales Soar Amid Escalating Energy Costs. Even prior to the catastrophic impact caused by Russia’s invasion of Ukraine, prices were creeping up and unprecedented demand was beginning to put pressure on available supply. But why solar? While popular, solar is just one solution.

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Redwood Materials scopes out EU locations for new battery recycling plant

Teslarati

JB Straubel’s Redwood Materials has narrowed down the locations for its new battery recycling plant in Europe. Germany would be a good location for Redwood Materials’ battery recycling plant in Europe. Tesla Giga Berlin might benefit from a Redwood Materials battery plant nearby. Pros of Redwood Materials Germany.

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Why 2023 will be another great year for electric vehicles

My Energi

While electric car registrations in 2022 were undoubtedly affected by the global chip shortage and issues relating to the war in Ukraine – notably supply constraints on wiring looms – they were still 21% higher than the previous year, and we can expect annual growth rates of around 30% for the next two years.

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EV Charging Solutions for Soaring Electricity Prices in Europe

Setec Powerr

The intensifying war in Ukraine is sparking an energy crisis in Europe, with everyone witnessing unfathomable increases in electricity prices. By comparison, before the current price round, DC charging with more than 50 kW was possible for 68 cents, while AC charging cost 43 cents per kWh from January 2022 until the end of August in Germany.

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New Study: Only 26% of U.S. households are familiar with EVs.

Teslarati

Chris White’s research showed that EV buyers are three times more likely to live in solar communities or have an interest in renewable energy powering their homes. Second-life EV batteries are expected to reach over $34 billion by 2027 according to Research and Markets. EV Owners 3x likely to use renewable energy.

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We Need More Than Just Electric Vehicles

Cars That Think

The total cost of purchasing and driving one—the cost of ownership—has fallen nearly to parity with a typical gasoline-fueled car. Scientists and engineers have extended the range of EVs by cramming ever more energy into their batteries, and vehicle charging networks have expanded in many countries. EVs have finally come of age.