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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. This is significant because it marks a shift toward making renewables increasingly competitive with coal, a mainstay in APAC’s energy mix.

Asia 52
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Energy Vault to provide 1.6 GWh of gravity energy storage to support DG Fuels SAF projects

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The system uses proprietary technology to autonomously orchestrate the lifting and lowering of the bricks, storing the potential energy in the elevation gain, and generating then discharging electricity as the bricks are lowered. DGF replaces the coal gasification used by others with biomass gasification and natural gas reforming.

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BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

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Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Each year, NEO compares the costs of competing energy technologies through a levelized cost of energy analysis.

Wind 207
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Tesla Energy takes a stand against coal and gas generators in Australia

Teslarati

Tesla Energy firmly argued against using coal and gas generators to support a proposed low-cost, reliable, secure, and zero-emissions grid in Australia. . First, Tesla is firmly against the idea of extending the life span of existing coal and gas generators. . Two main points were driven in the letter.

Coal 142
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EIA: US electricity generation from coal and natural gas both increased with summer heat

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In August 2012, coal produced 39% of US electricity, up from a low of 32% in April 2012, when the natural gas share of generation equaled that of coal. The August coal share of generation is still notably lower than the 50% annual average over the 1990-2010 period. Data for 2011 and 2012 are preliminary.

Coal 236
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GlobalData: hydrogen to become game changer as large-scale source of cleaner power

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Hydrogen has the ability to assist in variable power output from renewable energy sources such as solar PV and wind. Hydrogen serves as one of the leading alternatives for energy storage and seems to be favoured as a low-cost alternative for storing huge quantities of electricity over days, week and also months.

Hydrogen 199
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UK to award £54M to 15 projects developing innovative carbon removal technology

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Bioenergy Carbon Capture and Storage (BECCS) – captures and stores carbon from organic materials, converting it into useful energy such as heat, electricity, liquid or gas fuels. Coal Products Limited (CPL), “Bio-waste to biochar (B to B) via Hydrothermal Carbonization and Post-Carbonization”. Lapwing Energy Limited, “Reverse Coal”.

Carbon 305