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BloombergNEF forecasts green hydrogen should be cheaper than natural gas by 2050 in some markets; falling costs of solar PV key

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In a new piece of research, BloombergNEF (BNEF) finds that the levelized cost of hydrogen (LCOH 2 ) made from renewable electricity is set to fall faster than it previously estimated. These costs are 13% lower than BNEF’s previous 2030 forecast and 17% lower than its old 2050 forecast. This is how it goes with clean energy.

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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

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Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Converting a significant portion of the fleet to hydrogen would require more DRI plants and more electric furnaces. This would be a major shift in the type of furnaces and fuels used to produce steel.

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MHI invests in Electric Hydrogen to accelerate efforts to produce clean hydrogen at scale

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MHI) has invested in Electric Hydrogen (EH2), a clean hydrogen startup headquartered in Natick, Massachusetts, to support its efforts in developing cost-competitive, fossil-free hydrogen. Hydrogen, when produced in places with abundant and clean electricity, is a promising pathway for decarbonizing these industries.

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CEC determines Diablo Canyon needed to support grid reliability

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The California Energy Commission (CEC) approved a staff analysis recommending the state pursue extending operation of Diablo Canyon Power Plant (DCPP) through 2030 to ensure electricity reliability. Located in San Luis Obispo County, DCPP is owned and operated by Pacific Gas and Electric Company (PG&E).

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UNFI adding 53 all-electric TRUs to California fleet

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is adding 53 all-electric transport refrigerated trailer units (TRUs) to its fleet located at the company’s Riverside, Calif. UNFI will lease the TRUs through PLM Trailer Leasing for five years while the company continues to explore how they integrate into its operations. United Natural Foods, Inc. distribution center.

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Daimler Truck and TotalEnergies partner to develop hydrogen ecosystem for transportation in Europe

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The partners will collaborate in the development of ecosystems for heavy-duty trucks running on hydrogen, with the intent to demonstrate the attractiveness and effectiveness of trucking powered by clean hydrogen and the ambition to play a lead role in kickstarting the rollout of hydrogen infrastructure for transportation.

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Everything You Need to Know About the Cost of Owning a Car

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For example, a German luxury car would cost far more to maintain than a new Chevrolet sedan. If you drive an electric vehicle , these costs may be lower since there is no oil to change and fewer moving parts that can break down. Gas (or electricity) costs need to be factored into your overall cost.

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