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

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Renewable energy sources are central to the energy transition toward a more sustainable future. However, because sunshine and wind are inherently variable and inconsistent, finding ways to store energy in an accessible and efficient way is crucial. An open-access paper on the work is published in the journal Energies.

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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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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

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

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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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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. But with a price tag topping US $1 million each, it is easy to see why there is an urgent push for production innovation to bring the cost way down. Gabriela Hasbun

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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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Study suggests widespread use of EVs may negatively impact land use

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This study aims to start a discussion on the topic by exploring three relevant issues: the impact of EVs’ operating costs on urban size, the space requirements of charging facilities, the land demand of energy production through renewables. —Orsi (2021). —Orsi (2021). Francesco Orsi (2021). “On 2020.102680.

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Rhodium Group estimates US GHG fell 2.1% in 2019, driven by coal decline

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The switch from coal to natural gas and renewables in the electric power sector accounts for the majority of the progress the US has made in reducing emissions over the past decade. Natural gas generation made up much of the gap last year, as it has consistently in recent years, due to extremely cheap gas prices.

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