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

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BloombergNEF forecasts green hydrogen should be cheaper than natural gas by 2050 in some markets; falling costs of solar PV key

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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.

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NREL report finds electrified heavy-duty vehicle powertrains could provide lower total cost of ownership than diesel under certain conditions

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A new total cost of ownership (TCO) study from the National Renewable Energy Laboratory (NREL) finds that battery-electric and fuel-cell electric commercial trucks could be economically competitive with conventional diesel trucks by 2025 in some operating scenarios.

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Shell Starship 3.0 to use Cummins X15N natural gas engine running on RNG

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will be updated with a Cummins X15N natural gas engine ( earlier post ) that will run on Shell Renewable Natural Gas (RNG). will capitalize on some of the latest available technology, including being powered by renewable natural gas. At ACT Expo in Anaheim, Shell announced that Shell Starship 3.0 Shell Starship 3.0

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PACCAR to offer Cummins X15N natural gas engine in Kenworth and Peterbilt trucks

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PACCAR will work with Cummins to offer the new Cummins X15N natural gas engine ( earlier post ) in Kenworth and Peterbilt trucks. The X15N is the first natural gas engine to be designed specifically for heavy-duty truck applications with up to 500 horsepower output.

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Hydra Energy partners with Chemtrade to provide commercial truck fleets with green hydrogen below the cost of diesel

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Multi-year pilots demonstrated an ability to reduce greenhouse gas (GHG) emissions up to 40%, using hydrogen-injection technology and fuel source without impacting truck performance or range. Natural gas distributors can also use the green hydrogen to meet renewable content requirements.

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High cost of coal and natural gas could make EVs, US grid cleaner this summer

Green Car Reports

Anticipated price hikes for coal and natural gas could lead to increase use of renewable energy in electricity generation, making both the grid and EVs cleaner, according to new United States Energy Information Administration (EIA) analysis.

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