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Tesla publishes Master Plan Part 3; $10.4T for a sustainable global energy economy

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During Tesla’s Investor Day held in March, Elon Musk touched on Tesla’s Master Plan Part 3, which outlines a proposed path to reach a sustainable global energy economy through end-use electrification and sustainable electricity generation and storage. Earlier post.)

Economy 464
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Study finds GWP of electrolyzed hydrogen to meet ORD’s fuel needs would be 2.5x that of fossil fuels with 2020 grid mix

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Phil Ansell, an aerospace engineer at the University of Illinois Urbana-Champaign, modeled the life cycle carbon dioxide equivalent emissions of liquid hydrogen production required to meet the fuel needs of Chicago’s O’Hare International Airport (ORD) with today’s electric grid mix. Ansell presented his findings at AIAA Aviation 2023 in June.

Grid 290
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EIA projects increases in global energy consumption and emissions through 2050

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The US Energy Information Administration (EIA) projects that, absent significant changes in policy or technology, world energy consumption will grow by nearly 50% between 2020 and 2050. Liquid fuels remain the largest source of energy consumption, driven largely by the industrial and transportation sectors.

Global 259
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Rystad Energy expects strong growth in hydrogen pipelines through 2035

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Independent research and business intelligence company Rystad Energy estimates that there are about 91 planned hydrogen pipeline projects in the world, totaling 30,300 kilometers and due to come online by around 2035. Hydrogen has a high gravimetric energy density and a low volumetric energy density. France, Spain, and Germany.

Hydrogen 531
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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). Europe, however, is catching up with a significant ramp-up in capacity fueled by the current energy crisis.

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Enphase Energy to acquire EVSE pioneer ClipperCreek

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Enphase Energy, a global energy technology company and the leading supplier of microinverter-based solar and battery systems, has agreed to acquire EVSE company ClipperCreek. Accelerates the Enphase roadmap to enable bi-directional charging capability for vehicle-to-home and vehicle-to-grid applications.

Energy 334
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Rio Tinto plans to invest $600M more in renewable energy in the Pilbara

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Rio Tinto is planning to invest a further $600 million in renewable energy assets in the Pilbara as part of the company’s efforts to decarbonize its Western Australian iron ore operations. The investment will fund the construction of two 100MW solar power facilities as well as 200 MWh of on-grid battery storage in the Pilbara by 2026.

Renewable 218