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

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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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PNNL, OSU, Lanzatech improving efficiency and cost of ethanol-to-jet process

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A new microchannel reactor design further reduces costs while delivering a scalable modular processing system. Once the test reactor is completed, PNNL commercial partner LanzaTech will supply ethanol to feed the process. A single-step chemical conversion streamlines what is currently a multi-step process.

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MAN Energy Solutions and Fraunhofer IST analyze options for cost-efficient hydrogen supply to Salzgitter industrial cluster

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MAN Energy Solutions and the Fraunhofer Institute for Surface Engineering and Thin Films (IST) have published their analysis of the framework conditions for the future supply of green hydrogen to the Salzgitter steel site near Hannover. While production costs of around €4.00 to produce—profit margins in both cases not included.

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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

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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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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). A combination of falling costs for solar and wind power, improved performance as well as economies of scale for electrolyzers could make it possible.

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ICIS: EU Hydrogen Bank could bring renewable hydrogen costs below €1/kg

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ICIS assessment data from 4 April shows that renewable hydrogen produced using a 10-year renewable power purchase agreement (PPA) starting in 2026 in the Netherlands would cost €4.58/kg kg of hydrogen would be needed to achieve capital cost recovery, meaning the producer would need to charge buyers less than €1/kg to ensure project breakeven.

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