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BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

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The falling cost of making hydrogen from wind and solar power offers a promising route to cutting emissions in some of the most fossil-fuel-dependent sectors of the economy, such as steel, heavy-duty vehicles, shipping and cement, according to a new report from BloombergNEF (BNEF). kg in most parts of the world before 2050.

Hydrogen 221
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Cemvita demonstrates “gold hydrogen” production in situ, sets up subsidiary

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Gold Hydrogen is a novel source of carbon neutral hydrogen produced from depleted oil reservoirs that are ready for plug and abandonment, extending the life of wells that would otherwise be a significant burden. Cemvita Factory’s mission is to reimagine heavy industries such as oil & gas and mining for the net-zero economy.

Hydrogen 482
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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. trillion of that going to wind and solar and a further $1.5

Wind 220
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IIASA study proposes solid air hydrogen liquefaction as efficient addition to hydrogen liquefaction supply chain

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The oxygen could be used to increase the efficiency of power generation with oxy-combustion and to facilitate the capture, use, and storage of carbon (CCUS). The possibility of selling hydrogen could result in a further expansion of solar and wind power in developing countries, contributing to their economies. Montanari, P.,

Hydrogen 273
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Rhodium Group estimates US GHG fell 2.1% in 2019, driven by coal decline

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Emissions from buildings, industry and other parts of the economy rose, though less than in 2018. Natural gas generation made up much of the gap last year, as it has consistently in recent years, due to extremely cheap gas prices. Industrial emissions (both energy and process) rose by 0.6%. increase in 2018. Transportation.

Coal 370
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Harvard team demonstrates new metal-free organic–inorganic aqueous flow battery; potential breakthrough for low-cost grid-scale storage

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The technology could fundamentally transform the way electricity is stored on the grid, making power from renewable energy sources such as wind and sun far more economical and reliable. Solid-electrode batteries maintain discharge at peak power for far too short a time to fully regulate wind or solar power output.

Low Cost 374
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Solar and Battery Companies Rattle Utility Powerhouses

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Analysts and power insiders sketch scenes including interconnected local renewable grids that draw on short-duration battery storage (including the small batteries in electric vehicles in a garage, models for which Tesla just happens to make) combined with multi-day storage for power generated by wind and solar.

Solar 115