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

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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. —Amar Vasdev, a co-author of the report at BNEF.

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IRENA sees renewable hydrogen at least cost-possible within decade

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Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA). The report— Green Hydrogen Cost Reduction: scaling up electrolyzers to meet the 1.5

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Cemvita demonstrates “gold hydrogen” production in situ, sets up subsidiary

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Cemvita defines Gold Hydrogen as the biological production of hydrogen in the subsurface through the consumption of trapped or abandoned resources. The hydrogen production in this trial exceeded our expectations. Green hydrogen production, however, is energy intensive and expensive. billion in 2020. billion by 2028.

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NREL scientists advance solar thermochemical hydrogen (STCH) production

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Perovskite materials may hold the potential to play an important role in a process to produce hydrogen in a renewable manner, according to an analysis from scientists at the National Renewable Energy Laboratory (NREL). A conceptual solar thermochemical hydrogen production platform. —Zhiwen Ma, a senior engineer at NREL.

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Monash team proposes roadmap to renewable ammonia economy; 3 generations of technology

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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.

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Tesla Megapacks near arrival at massive Melbourne renewables project

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The Melbourne Renewable Energy Hub (MREH) is currently under construction near Melton, Victoria, and it will soon receive 444 Megapacks, according to a post on X on Thursday from Victoria Minister Lily D’Ambrosio. Construction continues on the SEC’s first project, the Melbourne Renewable Energy Hub.

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Hydrogen Council report finds cost of hydrogen solutions to fall sooner than previously expected

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The Hydrogen Council has published a new report, Path to Hydrogen Competitiveness: A Cost Perspective , demonstrating that the cost of hydrogen solutions will fall sharply within the next decade, sooner than previously expected. Drop in the cost of components for end-use equipment under scaling up of manufacturing.

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