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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). Despite temporary cost rises for renewables, the gap to fossil fuel power generation continues to widen due to fuel and carbon prices rising even faster.

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7 companies launch Green Hydrogen Catapult to increase green H2 production 50-fold over next 6 years

Green Car Congress

World’s biggest green hydrogen project developers and partners come together to launch Green Hydrogen Catapult initiative New initiative aims to drive down costs to below $2 per kilogram, to transform energy across most carbon intensive industries, accelerating race to zero emissions Founding partners include.

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Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

Green Car Congress

The cost range reflects the abundance of renewable potential, such as solar and wind power, in many African and Latin American countries, which can generate the electricity needed in the production of hydrogen fuels at much lower cost. billion in 2017 to $1.6 billion in 2019.

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Opinon: Lithium Market Set To Explode; All Eyes Are On Nevada

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Most of the world’s lithium comes from Argentina, Chile, Bolivia, Australia and China, but American resources being developed by new entrants into this market have set up the state of Nevada to become the key venue and proving ground for game-changing trade in this everyday mineral. There aren’t many American properties out there like ours.”.

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Climate impact of lithium-ion batteries & how to measure it 

Electric Vehicles India

However, electric vehicles basically are emission-free at least when they are powered by electricity generated from renewable sources such as wind, solar, etc. As the average energy mix in Europe is less carbon-intensive primarily as it has a high share of hydro and nuclear power. Climate impact of the battery supply chain.

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. Global investment in carbon capture and storage (CCS) tripled to $3 billion, and that in hydrogen was $1.5 Overall, solar capacity investment was up 12% at $148.6

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Wärtsilä report finds accelerated adoption of renewables can reduce electricity production costs by up to 50%

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Significant cost reductions can be achieved by front-loading the deployment of renewables, mainly wind and solar photovoltaic, and by utilizing the technologies needed to balance their inherent intermittency, such as energy storage and thermal balancing power plants.

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