article thumbnail

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

Green Car Congress

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.

article thumbnail

Credit Suisse Predicts Renewable Energy That Is “Too Cheap To Meter” By 2025

CleanTechnica EVs

Credit Suisse says the Inflation Reduction Act will have such a tremendous impact on renewable energy that the US may see the levelized cost of electricity from renewable sources fall to less than 1 cent per kWh hour by 2025 after factoring in all tax and production credits. Now, before we get all gaga over […].

Renewable 145
article thumbnail

Chalmers team identifies two main challenges for bio-hydrocarbon fuel production from cheap sources

Green Car Congress

Researchers at Chalmers University of Technology, Sweden, have identified two main challenges for renewable biofuel production from cheap sources: lowering the cost of developing microbial cell factories; and establishing more efficient methods for hydrolysis of biomass to sugars for fermentation.

Cheap 199
article thumbnail

ICL researchers develop new membrane-based system for cheap, efficiently made biofuels

Green Car Congress

As well as being cleaner for the environment, biofuels are able to overcome issues with capacity and energy storage associated with other renewable technologies like batteries, which have so far prevented them being successfully adapted for use in aviation and long-distance transport.

Cheap 321
article thumbnail

Cemvita demonstrates “gold hydrogen” production in situ, sets up subsidiary

Green Car Congress

Traditional methods of producing hydrogen without greenhouse gas emissions (green hydrogen) include electrolysis powered by renewable sources such as wind, solar, or hydro. According to a report from S&P Global Commodity Insights, the cost of electrolytic hydrogen from renewable energy spiked as high as $16.80/kg billion in 2020.

Hydrogen 482
article thumbnail

UNSW, H2Store to develop hydrogen storage for renewables; residential and commercial P2G

Green Car Congress

million investment from Providence Asset Group to develop a hydrogen hydride storage system that could mean cheaper, safer storage for renewable energy for a range of applications, including residential. Researchers at UNSW Sydney (Australia), with partner H2Store , an Australian start-up, have received a $3.5-million

Hydrogen 207
article thumbnail

Subaru Crosstrek Hybrid, cheap renewables, tax credits: Today's Car News

Green Car Reports

A new report shows that building new renewable power can be cheaper than running old coal plants. California regulatory documents show range estimates for the new Subaru Crosstrek Hybrid. Automakers join forces to lobby for extending electric-car tax credits. And California preps for half a million electric cars.