Green Car Congress
JANUARY 18, 2021
a United Kingdom-based hybrid clean energy company, is developing a wind-SMR (Small Modular Reactor) and hydrogen production hybrid energy project in North Wales. The UK recently announced plans to expand offshore wind capacity rapidly by 2030 and invest in SMR development to meet net-zero carbon emissions goals by 2050.
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. Cost is the name of the game.
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.
Cars That Think
AUGUST 19, 2023
Wind and solar parks produce a large portion of their energy. Then, as now, wind farms are operating off the world’s coasts—but not all of these offshore sites are connected to the mainland via underwater power cables. Some of the wind farms instead sit in clusters more than 100 kilometers out at sea.
Green Car Congress
JUNE 19, 2019
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). Each year, NEO compares the costs of competing energy technologies through a levelized cost of energy analysis.
Green Car Congress
AUGUST 29, 2021
A team at MITEI (MIT Energy Initiative) has found that hydrogen-generated electricity can be a cost-competitive option for backing up wind and solar. California draws more than 20% of its electricity from solar and approximately 7% from wind, with more VRE coming online rapidly. —Drake Hernandez.
Green Car Congress
JUNE 16, 2021
For the implementation of a sustainable energy economy, the greatest challenge is the weather-depending, fluctuating electricity production of wind and solar power plants. Hydrogen can directly be stored, transported, and reconverted into electricity in a fuel cell. All these aspects lead to increased capital and operating costs.
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