Remove Cheap Remove Coal Remove Grid
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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

We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. Coal emerges as the biggest loser in the long run.

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CMU researchers find controlled charging of PHEVs can cut cost of integration into electricity system by 54-73%; higher benefits with wind power

Green Car Congress

To compensate for the increased amounts of these inherently–variable sources of electricity, the power grid requires additional flexibility to manage fluctuations in generation. But allowing grid operators to control electric vehicle charging speed could reduce these costs further.

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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

If successful, new battery technologies developed under this program will give electrified light-duty vehicles range, performance, lifetime, and cost required to shift transportation energy from oil to the domestically powered US electric grid. Innovative Materials & Processes for Advanced Carbon Capture Technologies (IMPACCT).

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CMU study finds controlled EV charging can reduce generation cost, but at greater health and environmental costs depending upon the generation mix

Green Car Congress

Results from the study also suggest that with sufficient coal plant retirement and sufficient wind power, controlled charging could result in positive net benefits instead of negative. A paper describing the work is published in the ACS journal Environmental Science & Technology. other parts of the US and the world could be different.

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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

Green Car Congress

For example, rich countries such as Germany can throw billions of dollars at their coal sector to ease their transition pain, offering generous financial aid to lignite-producing regions. Petro-states are compensated to transition smoothly to a sustainable economy, avoiding a last-ditch attempt to flood the world with cheap oil and gas.

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From Scooters to High Speed Rail, China is Electrifying

Plugs and Cars

We really don’t need more cheap gas cars. Largely dependent on domestic coal, cities are smothered in smog. Factories, including a solar panel plant I know of, have had to curtail production because coal can’t be shipped fast enough to supply electricity generation plants. Shanghai and Wuhan are enshrouded in poison.

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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. Get started here. –

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