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

Green Car Congress

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.

Cost Of 210
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CMU researchers find controlled charging of PHEVs can cut cost of integration into electricity system by 54-73%; higher benefits with wind power

Green Car Congress

In a new study published in the journal Applied Energy , Carnegie Mellon University (CMU) researchers found that controlled charging of plug-in hybrid electric vehicles (PHEVs) reduces the costs of integrating the vehicles into an electricity system by 54–73% depending on the scenario.

Wind 286
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Wind-to-Hydrogen Tech Goes to Sea

Cars That Think

Wind and solar parks produce a large portion of their energy. Then, as now, wind farms are operating off the world’s coasts—but not all of these offshore sites are connected to the mainland via underwater power cables. Some of the wind farms instead sit in clusters more than 100 kilometers out at sea.

Wind 86
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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. The goal is to bring down the cost of green hydrogen until it becomes competitive with fossil fuels in many applications in the next five years.

Gas 243
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IEA: governments must act to ensure sufficient supply of critical minerals to meet net-zero goals

Green Car Congress

A typical electric car requires six times the mineral inputs of a conventional car, and an onshore wind plant requires nine times more mineral resources than a similarly sized gas-fired power plant. Wind takes the lead, bolstered by material-intensive offshore wind. Source: IEA.

Supplies 248
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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.

Australia 271
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Tesla’s solar neighborhood in Austin could help TX learn if renewables are viable

Teslarati

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. The directives also included allocating “reliability costs to generation resources that cannot guarantee their own availability, such as wind and solar power.”