Remove Cheap Remove India Remove Low Cost Remove Market
article thumbnail

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

Green Car Congress

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. Note: Clean hydrogen refers to both renewable and low-carbon hydrogen (from fossil-fuels with CCS). Abatement cost with hydrogen at $1/kg (7.4/MMBtu).

Hydrogen 221
article thumbnail

Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

The driving force behind this trend is the substantial reduction in capital costs for renewable energy projects. China leads the pack with a 40-70% cost reduction in utility-scale solar, onshore wind, and offshore wind compared to other Asia Pacific markets.

Asia 52
article thumbnail

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

Green Car Congress

BNEF’s Energy Storage Outlook 2019 predicts a further halving of lithium-ion battery costs per kilowatt-hour by 2030, as demand takes off in two different markets: stationary storage and electric vehicles. The report goes on to model the impact of this on a global electricity system increasingly penetrated by low-cost wind and solar.

article thumbnail

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
article thumbnail

CalSEED awards $4.2M to early-stage clean energy innovations

Green Car Congress

Cyclonatix, Inc is developing an industrial-sized motor/controller to operate with either DC or AC power sources, for applications in electric vehicles, solar-powered pumps, HVAC&R, gas compressors, and other commercial and industrial machines which require high efficiency, variable speed/torque, and low cost.

Clean 371
article thumbnail

Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

News | Markets | Technology | Personal Finance | Small Business | CNN.com RSS Newsletters Video Home Fortune 500 Technology Investing Management Rankings Warren Buffett takes charge Warren Buffett hasnt just seen the car of the future, hes sitting in the drivers seat. The E6 will hit the Chinese market later this year.

BYD 62
article thumbnail

Electric Car Makers: Oregon Wants You - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Furthermore, changing the battery pack on say a Toyota Prius often costs a fortune, at least in most European countries, so such cars better be VERY cheap, but they’re not. But that cost in a built as an EV is much less than an ICE’s costs by about 1/2. Now add much cheaper materials and NiMH is now obsolete.

Oregon 58