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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

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Wind project financing was up 16% from 1H 2021, at $84 billion. Both sectors have been challenged recently by rising input costs for key materials such as steel and polysilicon, as well as supply chain disruptions and rising financing costs. The 2Q figure, at $3.9 —Nannan Kou, BNEF’s head of China analysis.

Financing 243
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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

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SGH2 says that its green hydrogen is cost competitive with “gray” hydrogen produced from fossil fuels such as natural gas—the source of the majority of hydrogen used in the United States. It can also provide lowest-cost long-term storage for electrical grids relying on renewable energy. —Lancaster Mayor R. Rex Parris.

Waste 448
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The Case for Nuclear Cargo Ships

Cars That Think

“At the same time, it’s becoming apparent that alternative-fuel solutions we’re looking at have big drawbacks, and that producing these fuels will take a lot of green power that will be needed to replace coal and gas on shore. The first was the American NS Savannah , built in the late 1950s at a cost of $46.9

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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

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The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. The report calculates the cost of producing electricity from different types of new power plants. 2010 and 2015 LCOE ranges for solar and wind technologies. Source: IEA/NEA. Click to enlarge. Source: IEA/NEA.

Cost Of 150
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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The 15 th Congress, also known as the 15 th Conference of Parties, or COP 15, was initially intended to be a largely procedural summit, with many major negotiating points settled and most environmental ministers prepared to sign a binding emissions treaty that contained specific emissions targets as well as commitments to financing structures.

Climate 236
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IISD Releases Five-Part Series of Reports on Removing Fossil Fuel Subsidies

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The International Institute for Sustainable Development’s Geneva-based Global Subsidies Initiative ( GSI ) has issued a five-part series of reports into how nations might remove fossil-fuel subsidies, on the eve of a meeting of G20 finance ministers in Washington this week.

Parts 207
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Automakers agree on common plug to recharge electric vehicles

Tony Karrer Delicious EVdriven

Caroline Reichert, an RWE spokeswoman, noted that the idea here is to ensure that "a car can be recharged in Italy in exactly the same way as in Denmark, Germany or France." They will have to access how much it will cost them to switch. That being said, even a car that derives its energy from coal power plants would be far more clean.