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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. BNEF predicts that lithium-ion battery prices, already down by nearly 80% per megawatt-hour since 2010, will continue to tumble as electric vehicle manufacturing builds up through the 2020s.

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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

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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.

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Wind-to-Hydrogen Tech Goes to Sea

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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.

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BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

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The falling cost of making hydrogen from wind and solar power offers a promising route to cutting emissions in some of the most fossil-fuel-dependent sectors of the economy, such as steel, heavy-duty vehicles, shipping and cement, according to a new report from BloombergNEF (BNEF). Abatement cost with hydrogen at $1/kg (7.4/MMBtu).

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Stanford study quantifies energetic costs of grid-scale energy storage over time; current batteries the worst performers; the need to improve cycle life by 3-10x

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Benson from Stanford University and Stanford’s Global Climate and Energy Project (GCEP) has quantified the energetic costs of 7 different grid-scale energy storage technologies over time. The data revealed that all five battery technologies have high embodied-energy costs compared with pumped hydroelectric storage. Click to enlarge.

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

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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.

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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. —CSIRO Chief Executive Dr Larry Marshall.

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