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Rhodium Group estimates US GHG fell 2.1% in 2019, driven by coal decline

Green Car Congress

This decline was due almost entirely to a drop in coal consumption. Coal-fired power generation fell by a record 18% year-on-year to its lowest level since 1975. An increase in natural gas generation offset some of the climate gains from this coal decline, but overall power sector emissions still decreased by almost 10%.

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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.

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

Green Car Congress

The report’s findings suggest that renewable hydrogen could be produced for $0.8 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. Renewable energy has paved the way to carbon-free electricity.

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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

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. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. NEO 2018 sees $11.5

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Lux Research: cost of electrofuels remains far from viable

Green Car Congress

Although not electrofuels in the strict sense, these are best bets at cost parity, in which using conventional natural gas and coal-generated electricity and making hydrogen from natural gas makes fuels cost competitive at just over $90 per barrel of oil equivalent, according to Lux. Hydrogen-to-fuels.

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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.

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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. At that price, California miles are 16 cents each.

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