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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. The latter cost at $74 and $81 per MWh, respectively.

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S&P Global: looming shortfalls in copper supply will short-circuit net-zero goals absent significant new supply

Green Car Congress

The challenge of meeting Net-Zero Emissions by 2050 “will be short-circuited and remain out of reach” unless significant new copper supply comes online in a timely way, according to a new study by S&P Global that examines the growing mismatch between available copper supply and future demand resulting from the energy transition.

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NREL, INL team assesses levelized cost of light-duty EV charging in US in 2019

Green Car Congress

A team from the National Renewable Energy Laboratory (NREL) and the Idaho National Laboratory has produced a detailed assessment of the current levelized cost of light-duty electric-vehicle charging (LCOC) in the United States, considering when, where, and how EVs are charged. kWh); however, costs vary considerably (e.g., from $0.08/kWh

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Nikola and Proterra agree to long-term battery supply for zero-emission Class 8 trucks

Green Car Congress

Nikola and Proterra announced a strategic, multi-year supply agreement to power Nikola zero-emission semi-trucks with Proterra’s battery technology. With the growing demand for the Nikola Tre BEV and FCEV, we have actively pursued battery supply through a dual source strategy.

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IEA: governments must act to ensure sufficient supply of critical minerals to meet net-zero goals

Green Car Congress

Demand outlooks and supply vulnerabilities vary widely by mineral, but the energy sector’s overall needs for critical minerals could increase by as much as six times by 2040, depending on how rapidly governments act to reduce emissions. Ensure adequate investment in diversified sources of new supply. Source: IEA. Source: IEA.

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ICL team assesses relative costs of carbon mitigation for 12 H2 production paths; trade-off between cost and level of decarbonization

Green Car Congress

A team at Imperial College London has examined the relative costs of carbon mitigation from a lifecycle perspective for 12 different hydrogen production techniques using fossil fuels, nuclear energy and renewable sources. Their results show a trade-off between the cost of mitigation and the proportion of decarbonization achieved.

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Indian giver! VW to supply tech as Mahindra plans electric vehicle attack

EV Central

According to VW, the Indian car-maker will be the first external partner to use its unified cells that feature an advanced design and construction that is promised to eventually slash the cost of battery production by half. Some of these vehicles will come to Australia, where Mahindra already has a presence with a range of utes and SUVs.