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

Green Car Congress

This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. BNEF predicts that lithium-ion battery prices, already down by nearly 80% per megawatt-hour since 2010, will continue to tumble as electric vehicle manufacturing builds up through the 2020s.

Wind 220
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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

Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Converting a significant portion of the fleet to hydrogen would require more DRI plants and more electric furnaces. Retrofit or close any remaining coal-fired capacity by 2050.

Hydrogen 221
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BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

Green Car Congress

Hydrogen Economy Outlook , a new and independent global study from research firm BloombergNEF (BNEF), finds that clean hydrogen could be deployed in the decades to come to cut up to 34% of global greenhouse gas emissions from fossil fuels and industry at a manageable cost. kg in most parts of the world before 2050.

Hydrogen 221
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Perspective: Despite Solyndra’s death, the future of solar energy is sunny

Green Car Congress

Solar’s competition is really fossil fuel, or in other words, the established way electricity is being generated. 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

Solar 246
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Mad Power thoughts

EV Info

Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has shot through the roof – and so the market price of both home heating and electricity is rocketing. Climate Change. This was plain wrong.

Power 52
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Heating Buildings With Solar Energy Stored in Sand

Cars That Think

When we turn up the heat in our homes and workplaces, we must balance our personal need for warmth with the global impact of burning fossil fuels like oil, gas, coal, and biomass. The novel system shows potential for tackling global problems in a patient, thoughtful, and human-scaled way. There is nothing special here!”

Store 90
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ARPA-E Soliciting Second Round of Proposals; $100 Million for Advanced Energy Research Projects, with Focus on CO2-to-Liquid Fuels, Plug-in Batteries and Carbon Capture

Green Car Congress

The second round is focused specifically on three areas of technology representing new approaches for advanced microbial biofuels, carbon capture, and batteries for electric vehicles. Batteries for Electrical Energy Storage in Transportation (BEEST). Areas of focus included under the new funding opportunity include: Electrofuels.

Carbon 199