article thumbnail

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.

Asia 52
article thumbnail

Study Finds Wind Power Could Meet Chinas Entire Projected Power Demand for 2030

Green Car Congress

A study by researchers at Harvard University and Tsinghua University shows that there is enough wind in China to generate electricity to supply the nation's entire projected demand for 2030 (about twice what is used now) at reasonable prices per kilowatt-hour. The paper was published in the 11 September issue of the journal Science.

Wind 250
article thumbnail

China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

Grid-connected battery farms back up renewables when the sun is not shining or the wind is not blowing and are considered important to help integrate clean energy into power grids. This is particularly important for China, which has minimal natural gas capacity, a more flexible power source than slow-ramping coal plants.

Auto 52
article thumbnail

China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

Grid-connected battery farms back up renewables when the sun is not shining or the wind is not blowing and are considered important to help integrate clean energy into power grids. This is particularly important for China, which has minimal natural gas capacity, a more flexible power source than slow-ramping coal plants.

Auto 52
article thumbnail

Duke study finds China’s synthetic natural gas plants will have heavy environmental toll; 2x vehicle GHG if used for fuel

Green Car Congress

Coal-powered synthetic natural gas (SNG) plants being planned in China would produce seven times more greenhouse gas emissions than conventional natural gas plants, and use up to 100 times the water as shale gas production, according to a new study by Duke University researchers published in the journal Nature Climate Change.

Gas 220
article thumbnail

IBM Research launches 10y project to support China in transforming national energy systems; “Green Horizon”

Green Car Congress

China’s economic growth over the past several decades has raised the living standards of hundreds of millions of Chinese citizens and led to China becoming the second largest economy in the world. The system has already been rolled out to 30 wind, solar and hydro power sources. Urban air quality management.

China 275
article thumbnail

Mad Power thoughts

EV Info

Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has shot through the roof – and so the market price of both home heating and electricity is rocketing. Energy Solutions.

Power 52