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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. trillion of that going to wind and solar and a further $1.5 NEO 2018 sees $11.5 Coal emerges as the biggest loser in the long run.

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

Green Car Congress

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

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A DIY E-bike Conversion on the Cheap

Cars That Think

Being an open-source design no doubt keeps the price of this hardware down: The controller I bought set me back a mere $85. Online discussions convinced me, however, that this is the expected behavior when commanding a motor to maintain a fixed amperage in its windings (thus applying constant torque) while under little load.

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Study suggests widespread use of EVs may negatively impact land use

Green Car Congress

1 km 2 (depending on adoption rate and the fuel price to electricity price ratio) and an equally-large North-American city to increase by about 1?4 Europe and the US potentially would have to devote up to 5,000–6,000 km 2 of land to photovoltaic panels or 56,000–70,000 km 2 to wind turbines. —Orsi (2021). 2020.102680.

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Opinion: Here’s what will send oil prices back up again

Green Car Congress

The question we should be asking ourselves is not if oil prices will recover, but when they will. From June of 2014 until now, the price of a barrel of West Texas Intermediate (WTI) crude oil has fallen approximately 57 percent. In other words, oil is a volatile market, but prices are in a long term upward trend.

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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

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. New-build solar project costs are expected to fall by another 20% by 2030 due to lower module prices and an oversupply from China.

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