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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.

Cost Of 210
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Siemens Energy secures 50 MW electrolyzer order from European Energy for first large-scale eMethanol project

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The plan is that the plant will be built in Kassø, located west of Aabenraa in the South of Denmark, near the German border. Through the nearby 300 MW solar park of Kassø, developed by European Energy, the project will have access to the low-cost renewable electricity needed to produce cost-effective e-Fuel.

Energy 370
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Solar and Battery Companies Rattle Utility Powerhouses

Cars That Think

All eyes these days may be on Elon Musk's space venture—which has just put people in orbit —but here on Earth you can now get your monthly electric bill courtesy of a different Musk enterprise. Tesla and its partner Octopus Energy Germany recently rolled out retail utility services in two large German states. kWh battery wall unit.

Solar 111
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Risø DTU Investigating Production of Synthetic Transportation Fuel from Renewable Electricity and CO2

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This type can therefore only be used to produce synthesis gas. Risø DTU, the National Laboratory for Sustainable Energy at the Technical University of Denmark - DTU, is heading an effort to transform CO 2 and renewable electricity into synthetic fuels for transportation. Source: Risø. Click to enlarge.

Renewable 186
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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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Siemens suggests abandoning a fixed target for renewable energies and concentrating on the CO 2 reduction goal. Germany has embarked on a large-scale Energiewende (energy transition)—a policy-driven shift away from nuclear and fossil energy to a renewable energy economy. Electricity prices in comparison. Source: Siemens.

Germany 239
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More details about California’s proposal requiring bidirectional charging capabilities for all EVs

Charged EVs

In recent testimony, Nuvve CEO Gregory Poilasne told the lawmakers that bidirectional charging can reduce the total cost of EV ownership, and that it’s essential for integrating more renewable energy into the grid. Going bi adds several nifty new benefits to driving electric. From a CO 2 footprint perspective, that was really bad.

Charging 133
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Wind-to-Hydrogen Tech Goes to Sea

Cars That Think

Wind and solar parks produce a large portion of their energy. They are highly automated production islands that directly convert wind energy to hydrogen, with a few of them processing the gas into fuels and other goods. Imagine this hopeful, and not impossible, energy scenario for the year 2040. Conventional, or gray, hydrogen: $1.50

Wind 88