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

Green Car Congress

The cheapest renewable power projects in the first half of 2022 were able to achieve an LCOE of $19/MWh, as in best-in-class onshore wind farms in Brazil, and $21/MWh for tracking PV farms in Chile, and $57/MWh for offshore wind in Denmark. These cost hikes mark a rough patch for renewables, but not an inflection point.

Cost Of 210
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War in Ukraine: We Need to Talk About Fossil Fuels

Cars That Think

He took the first step in Crimea in 2014 , and in the early morning hours of 24 February he ordered a large-scale invasion of Ukraine. The continent was mostly powered by locally mined coal until the 1950s, when imports of cheap Middle Eastern oil started transforming the energy picture. Certification of the €9.5 Consumption of E.U.-produced

Ukraine 113
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EIA expects continued high prices for diesel and home heating oils

Green Car Congress

Other key takeaways from the November 2022 STEO forecast include: EIA forecasts renewable energy sources will provide 24% of US electricity generation in 2023, up from an estimated 22% in 2022. “We We expect notable decreases in electricity generation from natural gas and coal next year.

Oil 334
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Rhodium Group estimates US GHG emissions rose 1.3% in 2022

Green Car Congress

Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Consequently, the US economy grew 1.9% in 2022, down from a 5.7% GDP increase in 2021. compared to the previous year.

Emissions 273
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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

Green Car Congress

The plant will feature SGH2’s technology, which will gasify recycled mixed paper waste to produce green hydrogen that reduces carbon emissions by two to three times more than green hydrogen produced using electrolysis and renewable energy, and is five to seven times cheaper. That’s why our partnership with SGH2 is so important.

Waste 448
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Our Energy crisis is self made in europe

EV Info

While all eyes are on Ukraine and Russia, Europe’s energy woes are largely self-made, not due to outside forces. Europe has made its own bed, disassembling dispatchable fuel diversity by closing well-operating coal and nuclear power plants. The UK and the European energy crisis is poised to go from very bad to unimaginably worse.

Europe 52
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We Need More Than Just Electric Vehicles

Cars That Think

Manufacturing an EV battery using coal-based electricity results in more than three times the greenhouse-gas emissions of manufacturing a battery with electricity from renewable sources. 70 percent of lithium-ion batteries are produced in China, which derived 64 percent of its electricity from coal in 2020. AFP/Getty Images.