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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. trillion of that going to wind and solar and a further $1.5

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CMU researchers find controlled charging of PHEVs can cut cost of integration into electricity system by 54-73%; higher benefits with wind power

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In a new study published in the journal Applied Energy , Carnegie Mellon University (CMU) researchers found that controlled charging of plug-in hybrid electric vehicles (PHEVs) reduces the costs of integrating the vehicles into an electricity system by 54–73% depending on the scenario.

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Navigant forecasts transportation demand for hydrogen to accelerate Power-to-Gas growth

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Navigant Research forecasts that the transportation segment, with hydrogen demand as a catalyst, will jump-start power-to-gas (P2G) demand and further drive down electrolyzer and other infrastructure costs. Navigant notes that P2G offers benefits to the electric grid through the integration of renewable energy sources.

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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

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The US Energy Information Administration (EIA) forecasts an increase in demand for petroleum products during the 2021 summer driving season as the impacts of COVID-19 diminish in the United States. EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel.

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DOE Announces More than $5M to Support Wind Energy Development

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The US Department of Energy is awarding more than $5 million to support US wind energy development. million to boost the speed and scale of midsize wind turbine technology development and deployment. million to boost the speed and scale of midsize wind turbine technology development and deployment.

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SOFC-maker Bloom Energy announces initial strategy for hydrogen market entry; partnership with SK

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This expansion of our product offering enables zero-carbon electricity and transportation solutions. Bloom Energy announced in June 2019 that its fuel cells could run on hydrogen to generate zero-carbon electricity. Bloom Energy Servers reversed this process by taking in fuel and air to generate electricity. —Jason Ahn.

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

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In the short- to medium-term, hydrogen technology could be used to replace compressed natural gas (CNG) in some areas with minor changes to the existing infrastructure, according to GlobalData, a leading data and analytics company. of electricity generation, mainly within the steel sector, petrochemical plants and refineries.

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