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BNEF: wind and solar boost cost-competitiveness versus fossil fuels

Green Car Congress

The levelized cost of electricity analysis for H2 2015 shows onshore wind to be fully competitive against gas and coal in some parts of the world, while solar is closing the gap. Our report shows wind and solar power continuing to get cheaper in 2015, helped by cheaper technology but also by lower finance costs.

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IBM introduces new wind and solar forecasting system for utilities; big data analytics and weather modeling to predict output

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The solution combines weather prediction and big data analytics to forecast accurately the availability of wind power and solar energy. This level of insight will enable utilities to better manage the variable nature of wind and solar, and more accurately forecast the amount of power that can be redirected into the power grid or stored.

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GE unit invests with KGAL in 50-Mw Spanish concentrated solar power plant featuring molten salt energy storage

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million in a 50-megawatt parabolic trough concentrated solar power plant using molten salt energy storage in Torre de Miguel Sesmero, Badajoz, Spain. The GE unit and KGAL agreed to invest structured equity in Extresol II, developed by Spain-based ACS, Europe’s largest developer, builder and operator of solar thermal power plants.

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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. The thirteen award selections announced today fall into two areas: Concentrating Solar Power Systems Studies.

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What Are Zero Emission Day and National Drive Electric Week?

Blink Charging

There are four guidelines to follow: Refrain from using or burning oil, gas or coal. If an EV is charged with electricity that is generated from renewable sources (such as solar, wind, geothermal, or hydroelectric), then there are no fossil fuel emissions associated with that charging or driving process. They’re safer.

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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

The vehicles use electricity produced from nuclear power, coal, natural gas or solar energy. Low Maintenance Costs. It has fewer parts that would need constant maintenance and replacement. Car dealerships will advise you on the frequency of maintenance needed at the time of purchase. High Torque.

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EPRI assesses status of 8 key power generation technologies for US; estimates of capital cost and levelized cost of electricity

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The levelized cost of electricity (LCOE) represents an annualized cost of generating electricity over the lifetime of the unit, including initial capital, return on investment, and costs of operation, fuel and maintenance. emissions capture and storage, new emissions controls regulations, and increasing capital costs.

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