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

Green Car Congress

The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. New-build onshore wind and solar projects are now around 40% lower than BNEF’s global benchmarks for new coal- and gas-fired power. Cost rises are linked to increases in the cost of materials, freight, fuel and labor.

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

Green Car Congress

Commenting on the news, Richard Thompson, Editorial Director at MEED, part of GlobalData, said: For nearly a century, the Gulf’s abundant supplies of accessible hydrocarbons has put it at the center of a gas-guzzling global economy. Territories that were largely desert in the middle of the 20th century are now thriving oil economies.

Fusion 170
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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. The outlook is developed by examining energy supply and demand trends in 100 countries, 15 demand sectors covering all manner of personal and business needs and 20 different energy types. Outlook for Energy.

Energy 252
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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. Delegates from nearly 200 countries also agreed that greenhouse gas emissions need to be cut nearly in half by 2030 and reaffirmed the goal of containing global warming to 1.5

Energy 52
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EV Radar: January 2022

Noodoe

US Vice President Kamala Harris reveals a plan to build 500,000 electric vehicle charging stations, aiming to make EVs accessible for everyone. 2022: The Grand Year for Electric Cars. 2021 was a huge year for the shift toward electric transportation. EVs to Overtake Gas by 2025 in UK & EU. EV Education.

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MIT study cautions smaller nations on rushing to develop their natural gas resources; Cyprus as model

Green Car Congress

Based on the interim results of a new study, MIT researchers are warning smaller nations to proceed with caution in pursuing the development of their natural gas resources. The interim report analyzed the economics of natural gas project development options in Cyprus with a focus on exports. (The —Sergey Paltsev. Background.

Cyprus 261