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While there is global potential to generate renewable energy at costs already competitive with fossil fuels, a means of storing and transporting this energy at a very large scale is a roadblock to large-scale investment, development and deployment. Generation 2 moves the Haber-Bosch process to renewable sources of hydrogen.
The Front-Loading Net Zero report states that electricity production costs could be reduced by up to 50% by 2050 if countries and states adopt 100% renewable systems faster than currently planned. Utilities should keep repeating steps 1 - 3 until their systems run on 80 – 90% renewables.
A new total cost of ownership (TCO) study from the National Renewable Energy Laboratory (NREL) finds that battery-electric and fuel-cell electric commercial trucks could be economically competitive with conventional diesel trucks by 2025 in some operating scenarios.
However, they also noted, high PTW efficiencies and the moderate fuel economies of current compressed natural gas vehicles (CNGVs) make them a viable option as well. If CNG were to be eventually used in hybrids, the advantage of the electric generation/EV option shrinks. Their open access paper is published in the journal Energy.
a provider of long duration energy storage solutions, and Encore Renewable Energy, a developer of renewable energy generation and storage projects, jointly announced plans to develop the United States’ first long-duration, liquid-air energy storage system. Highview Power Storage, Inc.,
Electromobility is just now picking up momentum; further, electric cars are only as emissions-free as the production of electricity that charges their batteries. One path to achieving this is with renewable synthetic fuels (e-fuels). Renewable synthetic fuels have long since left the basic research phase. to US$5.84
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. The latter cost at $74 and $81 per MWh, respectively.
a developer of electrified powertrain solutions for Class 8 commercial vehicles, launched its Hypertruck Electric Range Extender (ERX), a long-haul, natural-gas series-hybrid electric powertrain. With more than 700 public stations across the US, the Hypertruck ERX leverages a robust natural gas refueling infrastructure.
In a new piece of research, BloombergNEF (BNEF) finds that the levelized cost of hydrogen (LCOH 2 ) made from renewableelectricity is set to fall faster than it previously estimated. These costs are 13% lower than BNEF’s previous 2030 forecast and 17% lower than its old 2050 forecast.
Benson from Stanford University and Stanford’s Global Climate and Energy Project (GCEP) has quantified the energetic costs of 7 different grid-scale energy storage technologies over time. The Stanford study considered a future US grid where up to 80% of the electricity comes from renewables. Click to enlarge.
The Western Australia Government of Premier Mark McGowan will bring forward the Western Australian Renewable Hydrogen Strategy targets by a decade and invest $22 million to develop hydrogen supply, meet growing demand for the clean fuel and create jobs. The McGowan Government has committed $5.7
Southern California Gas Co. According to early analysis, the cost target of the new technology is half that of current electrolyzers and the total cost of ownership over its life is expected to be 75% less. SoCalGas) and H2U Technologies are testing a new electrolyzer, called the Gramme 50, for the production of green hydrogen.
GTI has released a site-specific engineering design titled “ Low-Carbon Renewable Natural Gas (RNG) from Wood Wastes ”. According to the analysis, California has the potential to produce tens of billions of cubic feet of RNG per year from the wastes that are now being used for biomass-based electricity. Source: GTI.
Solid-oxide-fuel-cell manufacturer Bloom Energy is entering the commercial hydrogen market by introducing hydrogen-powered fuel cells and electrolyzers that produce renewable hydrogen. This expansion of our product offering enables zero-carbon electricity and transportation solutions. million hydrogen cars by 2040.
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.
Researchers in Norway report that the carbon efficiency of a conventional Biomass-to-Liquid (BtL) process can be increased from 38 to more than 90% by adding hydrogen from renewable energy sources. The required electrical power for the extra production is estimated to be 11.6?kWh C the electric energy may be reduced to 9.5?kWh
The Energy Department’s National Renewable Energy Laboratory (NREL) and General Motors (GM) are partnering on a multi-year, multi-million dollar joint effort to accelerate the reduction of automotive fuel cell stack costs through fuel cell material and manufacturing research and development (R&D).
has closed a $68,155,000 “Green Bond” private activity bonds offering to finance the construction of its renewable natural gas (RNG) project in Northwest Iowa. Gevo fully funded the RNG Project’s development costs and 100% of its equity capital from cash reserves. The RNG Project will generate RNG captured from dairy cow manure.
The European Commission’s Joint Research Center (JRC) published a policy brief showing that delivery of large amounts of renewable hydrogen over long distances could be cost-effective. One of the options to enable long-distance transport of hydrogen is the repurposing of existing natural gas pipelines for hydrogen use.
IHS Markit forecasts that annual global investments in green hydrogen—hydrogen production powered by renewable sources—will exceed US$1 billion by 2023. The elevated investment outlook is attributed to falling costs and policy support from governments looking to shift towards low-carbon economies.
The recovery of energy demand in 2021 was compounded by adverse weather and energy market conditions—notably the spikes in natural gas prices—which led to more coal being burned despite renewable power generation registering its largest growth to date. billion tonnes.
UPS plans to deploy 50 plug-in electric delivery trucks that will be comparable in acquisition cost to conventional-fueled trucks without any subsidies—an industry first that would breaki a key barrier to large scale adoption of electric fleets. Modec fully electric vehicle with a cab forward design used in London.
FLECCS project teams will work to develop carbon capture and storage (CCS) processes that better enable technologies, such as natural gas power generators, to be responsive to grid conditions in a high variable renewable energy (VRE) penetration environment. Phase 1 FLECCS projects are: GE Global Research. 8 Rivers Capital.
Introducing hydrogen into energy networks represents the first step for spreading and developing green hydrogen from renewable sources, while reducing its costs. Hydrogen will achieve Total Cost of Ownership parity with diesel by 2030, even without additional incentives.
The BMW Group and Pacific Gas and Electric Company (PG&E) announced an expanded partnership that further leverages renewable energy to sustainably power electric vehicles (EVs). Optimizing charging against renewable energy was the primary focus of the second phase.
a Finnish energy company, have signed an agreement on a joint concept feasibility study for a Power-to-Gas facility at Vantaa Energy’s waste-to-energy plant in the city of Vantaa in the capital region. The technology group Wärtsilä and Vantaa Energy Ltd., The co-development agreement was signed in May and is valid for 12 months.
International technology company Semcon is collaborating with Hystar , a Norwegian company that has developed a novel PEM electrolysis technology, to increase the amount of hydrogen gas that can be produced through electrolysis by more than 150% compared to current electrolyzer technology without using more energy.
In order to develop these projects and to establish hydrogen-based transportation as a viable option, both companies want to jointly investigate the means of reducing the Total Cost of Ownership (TCO) of hydrogen truck operations, in line with their common approach to work together with authorities on the regulatory framework in the European Union.
Yet, the lack of established process and business models defining “green steel” make it difficult to understand what the respective H 2 price has to be in order to be competitive with commercial state-of-the-art natural gas DRI. … When using H 2 only for iron ore reduction, economic viability is reached at an H 2 procurement cost of $1.70
Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewableelectricity to methane, with subsequent reuse. Project VGV uses surplus electricity generated by renewable and nuclear sources to produce hydrogen via electrolysis.
The new facility will capture more than 95% of CO 2 produced by generating hydrogen from the feedstock natural gas and store it safely back underground (i.e., Hydrogen-fueled electricity will offset the remaining five percent of emissions. The project relies on an innovative combination of well-established technologies. blue hydrogen).
This technology could lower the cost of low carbon hydrogen by over 20% and has become the basis for the Department for Business, Energy and Industrial Strategy (BEIS) and the Committee on Climate Change’s (CCC) analysis. The project aims to reduce the cost of electrolytic hydrogen significantly. Contract value: £2.7 million (US$3.6
A new University of Michigan study finds that making the switch to all-electric mail-delivery vehicles would lead to far greater reductions in greenhouse gas emissions than previously estimated by the US Postal Service (USPS). The Postal Service said in February that at least 10% of the new mail trucks would be electric.
As states take the lead in confronting climate change, a flagship policy is often Renewable Portfolio Standards (RPS). RPS programs, which require that a certain percentage of the state’s electricity come from renewable sources, currently cover 64 percent of the electricity sold in the United States.
The objective of the Hydrogen Production sub-program is to reduce the cost of hydrogen dispensed at the pump to a cost that is competitive on a cents-per-mile basis with competing vehicle technologies. Based on current analysis, this translates to a hydrogen threshold cost of. Source: DOE. Click to enlarge.
Even if you have 100 percent capture from the capture equipment, it is still worse, from a social cost perspective, than replacing a coal or gas plant with a wind farm because carbon capture never reduces air pollution and always has a capture equipment cost. In both plants, natural gas turbines power the equipment.
This connected and flexible system will be more efficient, and reduce costs for society. As the power sector has the highest share of renewables, we should increasingly use electricity where possible: for example for heat pumps in buildings, electric vehicles in transport or electric furnaces in certain industries.
The US Department of Energy (DOE) announced nearly $8 million for nine cooperative projects that will complement existing H2@Scale efforts and support DOE’s Hydrogen Shot goal to drive down the cost of clean hydrogen by 80% within the decade. NREL, National Energy Technology Laboratory, Gas Technology Institute, EPRI, and Paulsson, Inc.
The study provides a comprehensive analysis of the cost and greenhouse gas (GHG) emissions of a variety of vehicle-fuel pathways; the levelized cost of driving (LCD); and the cost of avoided GHG emissions. It is hard to overstate the importance of the improvements in battery costs on this analysis.
Greenlots, a member of the Shell Group and a provider of electric vehicle (EV) charging and energy management solutions, has installed charging infrastructure for a fleet of electrified commercial trucks as part of its ongoing partnership with Volvo Trucks. Heavy-duty fleets have unique charging characteristics and needs.
The update sets funding priorities for the approximately $100 million in annual state funds under the Commission’s Alternative and Renewable Fuels and Vehicle Technology (ARFVT) Program, created by Assembly Bill 118. 15 million for medium- and heavy-duty electric truck and hybrid vehicle demonstration projects. $12
Up to £40,000 (US$62,160) was made available to cover parts of the costs of developing a detailed feasibility study for a 1MW power-to-gas facility to be built in the UK starting in the second half of 2013. Using Electrochaea ’s biological catalyst, the hydrogen is then combined with CO 2 (e.g.
As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA.
Southern California Gas Co. SoCalGas) will lower the price of compressed natural gas at all of its 13 public access natural gas vehicle fueling stations by $0.26 The LCFS program is administered by the California Air Resources Board and seeks to reduce greenhouse gas emissions from transportation fuels by 20% through 2030.
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