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

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The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. trillion of that going to wind and solar and a further $1.5

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IIASA-led study proposes Underground Gravity Energy Storage as long-term energy storage solution for renewables

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However, because sunshine and wind are inherently variable and inconsistent, finding ways to store energy in an accessible and efficient way is crucial. Renewable energy sources are central to the energy transition toward a more sustainable future.

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Cemvita demonstrates “gold hydrogen” production in situ, sets up subsidiary

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Traditional methods of producing hydrogen without greenhouse gas emissions (green hydrogen) include electrolysis powered by renewable sources such as wind, solar, or hydro. —Zach Broussard, Director of Gold H2 at Cemvita. According to recent studies, the global green hydrogen market size was valued at US$0.3 billion in 2020.

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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

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The magnitude of these savings is ~5% to 15% higher in a system with 20% wind penetration compared to a system with no wind power, and the savings are 50–60% higher in a system that requires capacity expansion. Controlled charging can also take advantage of the high levels of wind generation that commonly occur at night in the US.

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IIASA study proposes solid air hydrogen liquefaction as efficient addition to hydrogen liquefaction supply chain

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The possibility of selling hydrogen could result in a further expansion of solar and wind power in developing countries, contributing to their economies. The hydrogen is liquefied where electricity is cheap. Also, SAHL can lower energy consumption for hydrogen liquefaction by 25 to 50%. —Julian Hunt Resources Hunt, J.,

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IPG to demo Flameless Ceramic Turbine for clean, off-grid power in EV charging

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IPG’s project will demonstrate the role of Flameless Ceramic Turbine technology in bringing EV charging to high-use and remote locations through clean, cheap, grid-independent power generation. Grid access and capacity issues, as well as the infeasibility of on-site solar and wind, is a barrier for EV charging in many locations.

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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

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The report goes on to model the impact of this on a global electricity system increasingly penetrated by low-cost wind and solar. Falling wind, solar and battery costs mean wind and solar are set to make up almost 40% of world electricity in 2040, up from 7% today, according to BNEF.