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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. This is significant because it marks a shift toward making renewables increasingly competitive with coal, a mainstay in APAC’s energy mix.

Asia 52
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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

The report “Decarbonizing Steel: A Net-Zero Pathway” outlines the path to making profitable, low-emissions steel and describes how a combination of falling hydrogen costs, cheap clean power, and increased recycling could reduce emissions to net zero, even while total output increases.

Hydrogen 221
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Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

Green Car Congress

Liam Halligan, a columnist for the Telegraph, says “the real danger” of closer Russian-Chinese ties is not a bust-up between China and the US, which could threaten crucial shipping routes for China-bound coal and LNG, but its impact on the US dollar. “If However, the Chinese have a problem in their plans for the yuan.

Russia 225
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From Scooters to High Speed Rail, China is Electrifying

Plugs and Cars

When I was studying China and Mandarin Chinese 35 years ago, “Red” China was unrecognized by the US, literally, and dark in a way difficult to imagine now. Plug-in cars from a half dozen Chinese automakers were on display along with charge stations in an attractive setting amidst a winding course for test drives. China is electrifying.

China 133
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Perspective: Despite Solyndra’s death, the future of solar energy is sunny

Green Car Congress

With subsidies long in place for nuclear, coal and gas in the US along with the cheap cost of production for coal and natural gas, solar is essentially competing with that $0.10/kWh The US has 1,750 MW of PV planned for 2011 and currently employs 100,000 people, more than coal mining or steel manufacturing.

Solar 246
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Mad Power thoughts

EV Info

Coal – the cheapest option and the only energy source with low-cost storage in the shape of a big heap of the stuff – was ruled out as too carbon-rich, even though countries such as China are currently building scores of new coal-fired plants. Gas is the only answer. So that leaves gas with the task of keeping the lights on.

Power 52
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Opinion: Why Buffett Bet A Billion On Solar: Miles Per Acre Per Year

Green Car Congress

During the late innings of the ICE-age (as in the Internal Combustion Engine age) it has become clear that feeding gasoline and diesel to the next billion new cars is not going to be easy, or cheap. Coal still supplies more power in the US than anything else, with natural gas next. It really isn’t a fair fight. Click to enlarge.

Solar 150