Green Car Congress
APRIL 7, 2021
In a new piece of research, BloombergNEF (BNEF) finds that the levelized cost of hydrogen (LCOH 2 ) made from renewable electricity 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. MMBtu) by 2050 in most modeled markets.
Green Car Congress
MAY 6, 2022
Key to the successful use of hydrogen as a fuel is being able to meet the Department of Energy’s Hydrogen Energy Earthshot—a recently announced goal to cut the cost of clean hydrogen by 80% to $1 per kilogram in a decade. A conceptual solar thermochemical hydrogen production platform. Illustration by Patrick Davenport, NREL.
Green Car Congress
JUNE 22, 2023
million from the US Department of Energy Solar Energy Technologies Office (SETO). The project aims to accelerate the large-scale development and deployment of concentrating solar thermal power (CSP) technology to produce green hydrogen for industrial decarbonization and electric power generation and storage.
Electrek
MARCH 26, 2021
The US Department of Energy (DOE) announced yesterday that it intends to “cut the cost of solar energy by 60% within the next 10 years, in addition to nearly $128 million in funding to lower costs, improve performance, and speed the deployment of solar energy technologies.”
Green Car Congress
NOVEMBER 17, 2021
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.
Green Car Congress
JULY 1, 2022
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.
Green Car Congress
SEPTEMBER 24, 2020
The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit.
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