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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 BNEF sees $1.3

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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 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.

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PA Turnpike considers solar-powered EV charging stations

Teslarati

The Pennsylvania Turnpike is attempting to power its EV charging stations with solar power facilities along the highway. EV charging suppliers are torn between energy costs, expansion needs, and remaining price competitive (to name a few factors). Renewables offer a great way to help balance the scale. billion debt.

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We’re the New Renewables

Cars That Think

But the net-zero target would never have been reachable without innovations in renewable- energy generation that let structures generate power on- site. meters tall, and has a 4-square-meter footprint (leaving plenty of space for solar panels or tiles). This WindBox turbine, installed on the roof of a building in Rouen, France, is 1.6

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Heating Buildings With Solar Energy Stored in Sand

Cars That Think

In a region known for long, dark winter nights, Polar Night Energy is building a system in the city of Tampere that can heat buildings with stored solar energy — all day, all night, and all winter long. These initiatives have largely focused on renewable electric power generation, distribution, and storage.

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Solar and Battery Companies Rattle Utility Powerhouses

Cars That Think

It's being marketed as the " Tesla Energy Plan ," and is available to any individual household in this region of 24 million people that has a solar panel system, a grid connection—and a Tesla powerwall, the Palo Alto firm's gigafactory-made 13.5 kWh battery wall unit. For bigger national grids it gets more complicated.

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