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BNEF: cost of new renewables rises as inflation starts to bite

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The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. The latter cost at $74 and $81 per MWh, respectively.

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Tesla’s solar neighborhood in Austin could help TX learn if renewables are viable

Teslarati

The project aims to build the first Tesla Solar neighborhood, making a sustainable residential community. The Tesla Solar neighborhood was provisionally named SunHouse at Easton Park. Tesla Energy takes a stand against coal and gas generators in Australia. Starting prices for homes in Easton Park are at the low-$300,000 range.

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CSIRO roadmap finds hydrogen industry set for scale-up in Australia

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Hydrogen, a clean-burning fuel with a range of uses, from powering vehicles, to storing energy, can service multiple markets and if produced using low-emissions energy sources, will enable deep decarbonisation across the energy and industrial sectors.

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Lessons from a year with solar power

EV Info

It was one year ago that we decided to add solar panels to our roof. According to the Department for Business, the average cost for standard electricity in the UK in 2020 was 17.2p/kWh. That rate would give the LEAF a cost of 17.2 * 24 to drive 100 miles. Panels: JA Solar black. Help with reducing our carbon footprint.

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US DOE Awarding Up To $62M for Concentrating Solar Power Research and Development

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The US Department of Energy has selected 13 projects for investment of up to $62 million over five years to research, develop, and demonstrate Concentrating Solar Power (CSP) systems capable of providing low-cost electrical power. These selections include: Abengoa Solar, Inc. These selections include: Abengoa Solar, Inc.

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Berkeley study finds renewable portfolio standards insufficient to meet 2030 GHG emission targets; new policy required

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The least expensive way for the Western US to reduce greenhouse gas emissions enough to help prevent the worst consequences of global warming is to replace coal with renewable and other sources of energy that may include nuclear power, according to a new study by University of California, Berkeley, researchers. —Daniel Kammen.

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5% Source: IRENA.

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