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Heliogen and Bloom Energy demonstrate production of low-cost green hydrogen; concentrated solar and high-temp electrolysis

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Heliogen and Bloom Energy have successfully demonstrated the production of green hydrogen by integrating the companies’ technologies: Heliogen’s concentrated solar energy system and the Bloom Electrolyzer. Electricity accounts for nearly 80% of the cost of hydrogen from electrolysis.

Low Cost 397
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DOE launches Cadmium Telluride Accelerator Consortium; making CdTe solar cheaper and more efficient

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The US Department of Energy (DOE) launched the Cadmium Telluride Accelerator Consortium (CTAC) —a $20-million initiative designed to make cadmium telluride (CdTe) solar cells less expensive, more efficient and develop new markets for solar cell products. Enable cell efficiencies above 26% and module costs below $0.15/W

Solar 186
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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

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Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. This includes spending on renewables such as wind and solar as well as grid and other infrastructure. The cost of geopolitics.

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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

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Global cumulative energy storage installations. BNEF projects that it will be made possible by further sharp declines in the cost of lithium-ion batteries, on top of an 85% reduction in the 2010-18 period. The report goes on to model the impact of this on a global electricity system increasingly penetrated by low-cost wind and solar.

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BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

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Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Global power generation mix. Wind and solar grow from 7% of generation today to 48% by 2050.

Wind 207
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Harvard team demonstrates new metal-free organic–inorganic aqueous flow battery; potential breakthrough for low-cost grid-scale storage

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As the fraction of electricity generation from intermittent renewable sources—such as solar or wind—grows, the ability to store large amounts of electrical energy is of increasing importance. Solid-electrode batteries maintain discharge at peak power for far too short a time to fully regulate wind or solar power output.

Low Cost 374
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BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

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The falling cost of making hydrogen from wind and solar power offers a promising route to cutting emissions in some of the most fossil-fuel-dependent sectors of the economy, such as steel, heavy-duty vehicles, shipping and cement, according to a new report from BloombergNEF (BNEF). Abatement cost with hydrogen at $1/kg (7.4/MMBtu).

Hydrogen 221