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BNEF: cost of new renewables rises as inflation starts to bite

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The cheapest renewable power projects in the first half of 2022 were able to achieve an LCOE of $19/MWh, as in best-in-class onshore wind farms in Brazil, and $21/MWh for tracking PV farms in Chile, and $57/MWh for offshore wind in Denmark. These cost hikes mark a rough patch for renewables, but not an inflection point.

Cost Of 210
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T&E: Europe burns 19 million bottles of sunflower and rapeseed oil every day in cars

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This has contributed to spiralling food price rises as well as empty supermarket shelves in the wake of Russia’s invasion of Ukraine, the organization says. Supermarkets have had to ration vegetable oils and prices are soaring. In Germany, for example, cooking oils are among the six food categories with the highest price increase.

Oil 334
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COP27 Ends – How can Smart Energy Management for EV Charging Help?

Driivz

COP27 Ends with Loss and Damage Fund Agreement, US Commitments on Transportation Electrification; Smart Energy Management for EV Charging can Help. As the 2022 United Nations Climate Change Conference COP27 came to an end, we found ourselves thinking about the role smart EV charging energy management has to play in protecting the planet.

Energy 52
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Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

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However, as the world strives to tackle climate change by decarbonizing energy sources and cutting the use of fossil fuels, the Middle East’s oil producers have identified a new opportunity that they hope will keep them at the heart of the global energy ecosystem throughout the 21 st century: green hydrogen.

Fusion 170
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Maersk, Egyptian authorities sign partnership agreement to explore large-scale green fuel production in Egypt

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Egypt has excellent conditions for renewable energy production and ambitions to become global leader in the green energy value chain. The availability of green energy and fuel in sufficient quantities and at cost competitive price levels is the single biggest challenge to the decarbonisation of global shipping.

Egypt 284
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Report Finds Water Stress Rapidly Becoming Key Strategic Risk to Commerce; Impending Water/Energy Collision

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Water consumption or withdrawals per unit of energy produced, by energy type, in the United States. With increasing frequency ,” write the Pacific Institute researchers, “ we value energy production over water production. ”. by Jack Rosebro. Source: DHI Group. Click to enlarge. Climate change. Sectoral Water Risks.

Water 150