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

Green Car Congress

While there are many effective solutions for daily energy storage, the most common being batteries, a cost-effective long-term solution is still lacking. The investment costs of UGES are about 1 to 10 US$/kWh and power capacity costs of 2.000 US$/kW. An open-access paper on the work is published in the journal Energies.

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GlobalData: Russian nickel sanctions would slow electric vehicle adoption

Green Car Congress

According to GlobalData’s Mining Commodity Analyzer , Russia was the third-largest producer of nickel in 2021, producing more than 200,000 tons. The evolving situation in Russia and Ukraine has already caused unprecedented increases in the price of nickel. Trading had yet to resume as of 10 March.

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

Green Car Congress

One of the challenges of constructing a global hydrogen economy is hydrogen transportation by sea. The COVID-19 pandemic and the Russia-Ukraine war have further increased the interest of Europe and Western countries to invest in the hydrogen economy as an alternative to fossil fuels. —Julian Hunt Resources Hunt, J., Montanari, P.,

Hydrogen 273
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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

The report “Decarbonizing Steel: A Net-Zero Pathway” outlines the path to making profitable, low-emissions steel and describes how a combination of falling hydrogen costs, cheap clean power, and increased recycling could reduce emissions to net zero, even while total output increases. Today’s new plants are tomorrow’s retrofits.

Hydrogen 221
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Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

Green Car Congress

Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy markets shift to the East. Other OPEC members agreed to similar deals, ensuring perpetual global demand for greenbacks.

Russia 225
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China says it will ‘rein in’ the flood of EVs coming our way

Baua Electric

BYD Atto 3 (Source: BYD) Europe and the US say that Chinese EV development is running wild and unchecked and on the verge of overwhelming the global market with, well, EVs the rest of the world can’t compete with. China last year overtook Japan as the world’s biggest car exporter ­– but most of those were ICE vehicles sold to Russia.

China 52
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PBL Study Finds Developed Countries Proposals for Copenhagen Fall Short for Reaching 2 °C Climate Objective

Green Car Congress

The current proposals by developed countries on the table for the upcoming climate negotiations in Copenhagen to reduce greenhouse gas (GHG) emissions do not yet suffice to limit global warming to a rise of 2 °C (based on a long-term 450 ppm concentration of GHG), according to a new report by the Netherlands Environmental Assessment Agency (PBL).

Climate 186