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Rivian links supply chain woes to ongoing Ukraine-Russian conflict

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In its 10-K filing on Thursday, March 31, Rivian stated that the ongoing Russian invasion of Ukraine has impacted its business and operations. The company listed the conflict in Ukraine as one of the reasons it continues to struggle with production. “We The company mentioned risks in battery cell pricing and availability.

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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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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

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SGH2 says that its green hydrogen is cost competitive with “gray” hydrogen produced from fossil fuels such as natural gas—the source of the majority of hydrogen used in the United States. It can also provide lowest-cost long-term storage for electrical grids relying on renewable energy. —Lancaster Mayor R. Rex Parris.

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Rhodium Group estimates US GHG emissions rose 1.3% in 2022

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Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Consequently, the US economy grew 1.9% in 2022, down from a 5.7% GDP increase in 2021. compared to the previous year.

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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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The “Inflation Reduction Act” will drive roughly 30GW/111GWh of energy storage build from 2022 to 2030, according to BNEF. Russia’s invasion of Ukraine has had a clear impact on energy storage deployments in Europe. Meanwhile, projects face long lead times to finance, develop and commission.

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Tesla holds highest average transaction price increase in 2022, Musk warns of ‘inflation pressure’

Teslarati

Last night, CEO Elon Musk indicated both Tesla and SpaceX were experiencing incredible pressure from inflation, which would likely increase the costs of its products. KBB data displayed the average transaction cost of every major automaker in January and February 2022. AAA data has the average cost of a gallon of gas in the U.S.

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Opinion: Ukraine’s Next Crisis? Economic [and energy] Disaster

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For Ukraine, the second largest producer of coal in Europe, this will have a devastating impact on the energy sector, which is in a state of emergency, unable to get coal to thermal power plants that provide some 40 percent of the entire country’s electricity. Now it will have to increase imports of fuel to make up for the loss.

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