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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

Green Car Congress

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Demand for lithium ion batteries is forecast to grow to 3.7 However, batteries are the fastest-growing demand market for nickel.

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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

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. BNEF predicts that lithium-ion battery prices, already down by nearly 80% per megawatt-hour since 2010, will continue to tumble as electric vehicle manufacturing builds up through the 2020s.

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MITEI study finds hydrogen-generated electricity is a cost-competitive candidate for backing up wind and solar

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A team at MITEI (MIT Energy Initiative) has found that hydrogen-generated electricity can be a cost-competitive option for backing up wind and solar. Low- and zero-carbon alternatives to greenhouse-gas emitting peaker plants are in development, such as arrays of lithium-ion batteries and hydrogen power generation.

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In a ‘monumental shift’, EU coal and gas collapse as wind and solar ascend

Baua Electric

What’s more, for the first time, wind power, which grew by 18%, surpassed gas, which only accounted for 17% of Europe’s electricity. Wind and solar power are now taking center stage. Solar covered 9% of the EU’s electricity needs. A significant chunk of this reduction came from industries dialing back their power use.

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Iberdrola to invest more than €1.1B to build a green hydrogen and methanol plant in Australia; Bell Bay Powerfuels

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A small dimethyl ether (DME) plant will be built either onsite or at another location, producing renewable DME from methanol for local industry. The company has currently installed 1,122 MW of renewables (wind, solar and batteries). Overall Bell Bay facility flow scheme including key processing units, inputs and products.

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Op-Ed: Is It Time To End The Elon Musk Fanboi Era?

CleanTechnica EVs

The good readers and supporters of CleanTechnica support EVs, wind energy, solar power, batteries, and renewables technology, notwithstanding the several industry trolls who sometimes visit our comment section. We understand that the unquestionable primary leader for EVs in this period has been Elon Musk.

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Anglo American unveils prototype 2MW hydrogen-battery hybrid mine haul truck

Green Car Congress

The 2MW hydrogen-battery hybrid truck, generating more power than its diesel predecessor and capable of carrying a 290-tonne payload, is part of Anglo American’s nuGen Zero Emission Haulage Solution (ZEHS). Design and implement a software solution to safely manage power and energy between the fuel cells, batteries, and vehicle drivetrain.

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