article thumbnail

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

Green Car Congress

The report goes on to model the impact of this on a global electricity system increasingly penetrated by low-cost wind and solar. The remaining significant markets include India, Germany, Latin America, Southeast Asia, France, Australia and the UK.

article thumbnail

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

Green Car Congress

The falling cost of making hydrogen from wind and solar power offers a promising route to cutting emissions in some of the most fossil-fuel-dependent sectors of the economy, such as steel, heavy-duty vehicles, shipping and cement, according to a new report from BloombergNEF (BNEF). kg in most parts of the world before 2050. MMBtu) in 2050.

Hydrogen 221
article thumbnail

Solar and Battery Companies Rattle Utility Powerhouses

Cars That Think

Tesla and its partner Octopus Energy Germany recently rolled out retail utility services in two large German states. Tesla Gigafactory site taking shape in Grünheide, Germany in June 2021. But industrial-scale energy storage is crucial to any renewable operation: the wind dies down, the sun doesn't always shine.

Solar 115
article thumbnail

Northvolt postpones planned 60GWh battery production

Teslarati

Northvolt has announced that the ongoing European energy crisis is forcing them to postpone battery production at the company’s new facility in Germany; it is now considering U.S. The company strategically places facilities in locations where cheap electricity is available. battery production instead.

article thumbnail

11 Intriguing Engineering Milestones to Look for in 2023

Cars That Think

It’s about one-twentieth the size of the minibus-scale geostationary satellites already in orbit, allowing for cheap and quick deployment. Out With Red Tape, In With the Fiber Germany aims to triple the amount of fiber cable installed by the end of 2025, in an effort called Gigabitstrategie.

Engine 122
article thumbnail

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. Energy Solutions. Gas is the only answer.

Power 52
article thumbnail

UK power crisis – entirely the fault of regulators and ministers

EV Info

The UK has been a leader in deploying on and offshore wind turbines. What we have not done so well is to ensure that we have a solid base level of generation to supply electricity when there is no sun and no wind. At the time of writing, mid-morning 21 Sept, we have: Wind 9%. Nuclear 15%. Biomass 5%. See [link]. No Fracking.

Power 98