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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

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.

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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.

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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. MMBtu) in 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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War in Ukraine: We Need to Talk About Fossil Fuels

Cars That Think

For natural gas, it is the world’s second largest producer , behind the United States and ahead of Iran, and its largest exporter. It is the third largest producer of wheat, behind China and India, and is now the world’s top exporter of the grain. percent stake in the enormous Sakhalin-2 oil and gas development.

Ukraine 114
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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

Why hes banking on an obscure Chinese electric car company and a CEO who - no joke - drinks his own battery fluid. BYDs breakthrough all-electric E6, photographed at this years Detroit auto show. " 0:00 / 3:23 Buffett eyes electric cars Coming from Munger, that meant a lot. tech industry during the 1990s.

BYD 62