Remove Clean Remove Cost Of Remove Gas-Electric Remove Parts
article thumbnail

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

Green Car Congress

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.

Cost Of 255
article thumbnail

European Union adopts strategies for energy system integration and hydrogen; Clean Hydrogen Alliance

Green Car Congress

The two strategies present a new clean energy investment agenda, in line with the European Commission’s Next Generation EU recovery package and the European Green Deal. This connected and flexible system will be more efficient, and reduce costs for society. The Renovation Wave will be an important part of these reforms.

Hydrogen 339
article thumbnail

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

Green Car Congress

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. The investment was part of a $198-million financing. Mitsubishi Heavy Industries, Ltd.

Hydrogen 150
article thumbnail

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

Green Car Congress

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.

Hydrogen 221
article thumbnail

NTSB Chair questions safety impact of heavy EVs

Green Car Congress

During a keynote speech to the Transportation Research Board annual meeting Wednesday, National Transportation Safety Board (NTSB) Chair Jennifer Homendy questioned the safety impact of electric vehicles. The Ford F-150 Lightning is between 2,000 and 3,000 pounds heavier than the non-electric version. Why does this matter?

F-150 459
article thumbnail

Range Energy’s RA electrified trailer platform now eligible for up to $80k in California incentives

Green Car Congress

Range Energy announced that its 53-foot electric trailer, the RA, is now eligible for point-of-sale incentives up to $80,000/unit through the California Air Resources Board Clean Off-Road Equipment (CORE) Voucher Program. The RA platform is the first trailer electrification platform to be eligible for the CORE incentive.

article thumbnail

How Are EVs Part of Environmental Justice?

Clean Fleet Report

How Are EVs Part of Environmental Justice? Questions & Answers from our Friends at EarthTalk® Dear EarthTalk : Since when is the transition to electric vehicles an “environmental justice” issue? Meanwhile, the cost of EVs continues to go down. Environmental and Economic Equity in the Electric Vehicle Revolution.

Parts 77