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

Green Car Congress

The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019.

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Study confirms €1T green hydrogen potential for Africa

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The analysis highlights the benefits of harnessing solar power to create green hydrogen in four African hubs: Mauritania, Morocco, southern Africa and Egypt. This is equivalent to energy costs of US$60 a barrel.

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AFRY, RINA study points to feasibility and attractiveness of Gulf-to-Europe hydrogen pipeline

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The concept of a hydrogen pipeline connecting Qatar, Saudi Arabia, Egypt, and traversing the Mediterranean Sea to Europe may seem ambitious, but initial assessment indicates its feasibility. The cost of transporting hydrogen through this pipeline is initially seen at approximately €1.2/kg million tonnes of hydrogen annually.

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Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

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We are delighted to be partnering with the CCC to open this new market. It is this vision that has triggered a slew of recent green hydrogen investment deals in Abu Dhabi, Dubai, Egypt, Jordan, Morocco, Oman and Saudi Arabia. However, the cost is one very large fly in the ointment. Many more will follow.

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More than 50 percent of MoUs signed in Vibrant Gujarat are green | Autocar Professional

Baua Electric

Toshihiro Suzuki, President of Suzuki Motor Corp, who was present at the Vibrant Gujarat Summit, said that the Indian automotive market has been expanding steadily to become the third largest automobile market. This will lead to 1.7 times more production and 2.7 times more exports this year. We will invest in the future.

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US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide

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More than 85% of the crude oil exports flowing through the Strait went to Asian markets, with Japan, India, South Korea, and China representing the largest destinations, EIA said. Use of the alternate routes would increase the cost of transportation. —US EIA. Malacca is the key chokepoint in Asia with an estimated 13.6

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The Global Outlook of Electric Vehicles

Blink Charging

This is partially due to the cost of EVs in these countries, but also with a relative lack of charging infrastructure. Based on 2021 sales volumes,” the IEA’s report says, “about 25% of the global car market is subject to a 100% ZEV (zero emission vehicle) sales ambition or target, or ICE ban by 2035 according to government announcements.”