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BNEF: Li-ion battery pack prices rise for first time since 2010 to an average of $151/kWh

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Rising raw material and battery component prices and soaring inflation have led to the first increase in lithium-ion battery pack prices since BloombergNEF (BNEF) began tracking the market in 2010. he upward cost pressure on batteries outpaced the higher adoption of lower cost chemistries like lithium iron phosphate (LFP).

Li-ion 414
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PNNL team develops new low-cost method to convert captured CO2 to methane

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Methane derived from CO 2 and renewable H 2 sources is an attractive fuel, and it has great potential as a renewable hydrogen carrier as an environmentally responsible carbon capture and utilization approach. A paper on the work is published in ChemSusChem. —Heldebrant et al.

Low Cost 315
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BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

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This is equivalent to gas priced at $6-12/MMBtu, making it competitive with current natural gas prices in Brazil, China, India, Germany and Scandinavia on an energy-equivalent basis. Note: Clean hydrogen refers to both renewable and low-carbon hydrogen (from fossil-fuels with CCS). MMBtu) in 2050. MMBtu) in 2050.

Hydrogen 221
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Nacero transitioning unbuilt facility from low-carbon gasoline to SAF and LCAF; TOPSOE MTJet

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Nacero will transition its current pre-construction, multi-billion USD facility in Penwell, Texas—designed to produce low carbon gasoline—to the production of sustainable aviation fuel (SAF) and lower carbon aviation fuel (LCAF).

Gasoline 199
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TEPCO and Toyota develop stationary storage battery system using EV batteries

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The storage battery market is expected to continue growing in light of the spread of renewable energy and electrified vehicles, as well as the global trend toward carbon neutrality.

Toyota 416
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Nacero selects Topsoe’s TIGAS technology for gas-to-gasoline unit; reducing lifecycle carbon footprint up to 50%

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The plant will produce cleaner gasoline from low-cost natural gas, captured bio-methane from farms and landfills, and mitigated flared gas from the Permian basin. Topsoe is providing engineering and design services currently and will supply catalyst and proprietary hardware to the facility.

Gasoline 221
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IRENA sees renewable hydrogen at least cost-possible within decade

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Today, green hydrogen is 2-3 times more expensive than “blue” hydrogen, produced from fossil fuels in combination with carbon capture and storage (CCS). The production cost for green hydrogen is determined by the renewable electricity price, the investment cost of the electrolyzer and its operating hours.

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