Green Car Congress

MARCH 13, 2020

Other elements of the note: BNEF cut the global solar demand forecast for 2020 from 121-152GW to 108-143GW. This could make 2020 the first down year for solar capacity addition since at least the 1980s. Chart: BloombergNEF.

Energy Storage 416

Energy Storage Renewable Energy Asia 416

Green Car Congress

JULY 31, 2019

Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). In the near term, renewables-plus-storage, especially solar-plus-storage, has become a major driver for battery build.

Energy Storage 225

Energy Storage Grid Global Energy 225

Baua Electric

APRIL 10, 2024

Solar is forecast to displace natural gas in the middle of the day and in the summer on the Texas grid, according to the US Energy Information Administration (EIA). Wind is still the largest source of renewable power in the state, but the installation of new wind turbine capacity slowed in 2023. GWh and increased to 5.1

Texas 52

Texas Grid Solar Gas 52

Green Car Congress

SEPTEMBER 10, 2023

The impacts of the various grid scenarios on quantitative life cycle environmental impact, land required, and water use are considered for future market scenarios under the context of the forecast energy requirements for aircraft operations at Chicago O’Hare International Airport. These might be a combination of solar arrays or wind turbines.

Grid 290

Grid Hydrogen 2020 Fuel 290

Baua Electric

FEBRUARY 29, 2024

China leads the pack with a 40-70% cost reduction in utility-scale solar, onshore wind, and offshore wind compared to other Asia Pacific markets. Solar is cheapest and falling The significant drop in solar power costs, by 23% in 2023, signals the end of supply chain disruptions and inflationary pressures.

Asia 52

Asia Coal Solar Power 52

Green Car Congress

JULY 8, 2020

Researchers at the US Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL) have developed a novel machine learning approach quickly to enhance the resolution of wind velocity data by 50 times and solar irradiance data by 25 times—an enhancement that had yet to be achieved with climate data.

Climate 170

Climate Wind Solar Renewable 170

Green Car Congress

JANUARY 11, 2023

US oil production is the largest source of production growth in the forecast, but that growth remains uncertain because of relatively low capital investment from oil producers, EIA noted. EIA forecasts that the European benchmark Brent crude oil price will average less than $80 per barrel in 2024, more than 20% lower than in 2022.

Oil Prices 210

Oil Prices Oil Global Price 210

Teslarati

JANUARY 15, 2024

“The report shows that under existing policies and market conditions, global renewable power capacity is now expected to grow to 7,300 GW over the 2023-28 period covered by the forecast,” the IEA wrote in a press release. Solar PV and wind account for 95 percent of the predicted 7,300 GW renewable expansion between 2023 and 2028.

Coal 134

Coal Renewable Global Wind 134

Green Car Congress

JUNE 20, 2023

Demand for lithium ion batteries is forecast to grow to 3.7 This includes spending on renewables such as wind and solar as well as grid and other infrastructure. This year is expected to see more than a million tonnes LCE of lithium mined for the first time, according to Benchmark’s Lithium Forecast. Closing this 2.7

Industrial 243

Industrial Industry Global Lithium Ion 243

Green Car Congress

OCTOBER 15, 2022

million tonnes LCE will be needed by 2050 with energy storage making up two-thirds of battery demand by that date, due to the growth of renewable energy sources such as wind and solar. million tonnes of cumulative global production of lithium between 2015 and 2022, according to Benchmark’s Lithium Forecast.

Lithium Ion 360

Lithium Ion Energy Storage 2015 Supplies 360

Baua Electric

MARCH 29, 2024

Photo by Los Muertos Crew on Pexels.com Solar capacity additions hit the ground running in 2024, pushing renewables’ installed generating capacity past coal, according to new US Federal Energy Regulatory Commission (FERC) data. Installed utility-scale solar capacity (104.61 of the total. GW) but also hydropower (101.41

Coal 52

Coal Installation Renewable Solar 52

Teslarati

JUNE 23, 2021

Tesla China announced earlier that it has launched a solar-powered Supercharger facility in Lhasa, the administrative capital of the Tibet Autonomous Region. ” Lhasa’s climate is one of the more favorable examples we’ve seen of where solar-powered Superchargers would be incredibly effective.

Solar 145

Solar China Power Powered 145

Green Car Congress

NOVEMBER 4, 2013

The applications, i.e. technologies, of particular concern as a result are electric vehicles, wind and solar energy, and lighting. kg/MW) was been used, along with forecasts of demand. For hybrid and electric vehicles, this highlighted the sensitivity of the results to widely different demand forecasts.

Wind 290

Wind Light Solar Carbon 290

Green Car Congress

AUGUST 31, 2020

Further, according to Rystad Energy, Big Oil is expected to pump in $166B into new oil and gas ventures over the next five years, thus dwarfing the currently specified outlay of just $18B (less than 10% of capex) for solar and wind energy projects. Good case in point: Italian multinational oil and gas giant Eni S.p.A. 2 Total SA.

Oil 418

Oil Renewable Wind Gas-Electric 418

Green Car Congress

OCTOBER 18, 2013

In a new report, Navigant Research forecasts that global vehicle-to-grid (V2G)-enabled plug-in electric vehicles (PEVs) servicing the ancillary services market will grow at a compound annual growth rate (CAGR) of 64.3% Globally, Navigant Research forecasts that frequency regulation revenue will reach $190.7 from 2013 to 2022.

Grid 225

Grid North America South Korea Energy Storage 225

Green Car Congress

MARCH 13, 2015

Newly installed solar photovoltaic (PV) capacity in the US in 2014 reached a record 6,201 MW, growing 30% over 2013’s total, according to the new US Solar Market Insight 2014 Year in Review report released by GTM Research and the Solar Energy Industries Association (SEIA). All solar projects completed in 2014 represent $17.8

2014 150

2014 Installation Solar 2013 150

Green Car Reports

MAY 26, 2017

In the case of the rapidly rising rate of solar generation for electricity, numerous forecasts by internationally respected bodies have proven woefully conservative. Sometimes a picture is truly worth a thousand words.

Solar 156

Solar Netherlands Power Powered 156

Green Car Congress

DECEMBER 11, 2014

The Commission also approved grants for the operation of a hydrogen fueling station, biofuel production, geothermal exploration and rooftop solar for schools. 1 million to use high-fidelity solar forecasting to predict load impacts on California’s electricity grid and reduce solar integration costs. Itron, Inc.: $1

California 271

California San Diego Energy Solar 271

Green Car Congress

NOVEMBER 11, 2010

Advanced biofuels, concentrated solar power (CSP), and solar photovoltaic power (PV) will see accelerating adoption and growth and are on track to change the global energy mix far earlier than is often assumed, according to a new report from The Boston Consulting Group (BCG). Click to enlarge. BCG, November 2010).

Solar 295

Solar Power Powered Boston Consulting Group 295

Electrek

JANUARY 18, 2022

The US Energy Information Administration (EIA) has forecast in its January Short-Term Energy Outlook that rising electricity generation from clean energy such as solar and wind will reduce generation from fossil fuel-fired power plants over the next two years.

Coal 109

Coal Gas-Electric Clean Cleaning 109

Green Car Congress

JULY 18, 2011

In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. This is a downward revision from the $35B the firm forecast for ESG spending through 2020 in a report published last August. 2010 vs 2011 forecasts.

Energy Storage 231

Energy Storage Grid 2010 Li-ion 231

Green Car Congress

APRIL 7, 2021

The US Energy Information Administration (EIA) forecasts an increase in demand for petroleum products during the 2021 summer driving season as the impacts of COVID-19 diminish in the United States. EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel.

2019 186

2019 Fuel Coal Motor 186

Green Car Congress

JULY 20, 2020

Given the Korean government’s ambitious directive of deploying 15,000 MW of fuel cells by 2040, we forecast to sell 400 MW per year of fuel cells in the future. Bloom Energy’s core technology is based on research done by its founders on using electricity generated by a solar panel to produce fuel and oxygen on planet Mars for NASA.

Hydrogen 386

Hydrogen South Korea Market Energy 386

Green Car Congress

DECEMBER 8, 2019

In November, Hydro-Québec published a snapshot of its energy resources which presents the company’s forecasts regarding its future electricity needs and the means by which it will meet them. Road and trail transportation. Carbon-netural synthetic hydrocarbon fuels. Renewable natural gas.

Hydrogen 243

Hydrogen Clean Cleaning Gas-Electric 243

Teslarati

JANUARY 9, 2024

energy storage system deployment is expected to nearly double in 2024, with battery capacity forecasted to grow by 89 percent. According to data from the Energy Information Administration (EIA) shared on Tuesday, U.S. As of November 2023, two U.S.

Installation 124

Installation Puerto Rico Energy Storage Batteries 124

Green Car Congress

JULY 7, 2014

Dubbed “Green Horizon”, the initiative sets out to surpass current global practices in three areas critical to China’s sustainable growth: air quality management; renewable energy forecasting; and energy optimization for industry. Renewable energy forecasting. Sample user interface from IBM''s Hyref energy forecasting system.

China 275

China Energy Green Grid 275

Green Car Congress

MAY 12, 2020

It estimates that more than 3 billion tons of minerals and metals will be needed to deploy wind, solar and geothermal power, as well as energy storage, to achieve greenhouse gas emission reductions sufficient to achieve a below 2°C future. Source: “Minerals for Climate Action: The Mineral Intensity of the Clean Energy Transition”.

Clean 243

Clean Cleaning Energy Production 243

Green Car Congress

AUGUST 26, 2013

A new Energy Department study conducted by the National Renewable Energy Laboratory (NREL) indicates that by 2025 wind and solar power electricity generation could become cost-competitive without federal subsidies, if new renewable energy development occurs in the most productive locations. mmBtu and $8.43/mmBtu. Source: Hurlbut et al.

Renewable 230

Renewable Wyoming Wind Montana 230

Baua Electric

JANUARY 10, 2024

The amount of renewable energy capacity added to energy systems around the world reached almost 510 gigawatts (GW), with solar accounting for 75% of additions, according to the International Energy Agency’s (IEA) latest edition of the annual “Renewables 2023” report released today. Get started here. –ad*

Renewable 52

Renewable Solar Financing Installation 52

Green Car Congress

AUGUST 31, 2010

Demand is being driven by several key trends including the proliferation of renewable energy from variable sources such as wind and solar, the expansion of utility smart grid initiatives, and the introduction of plug-in hybrid and electric vehicles, Pike says. Source: Pike Research. Click to enlarge.

Li-ion 199

Li-ion Energy Storage Grid 2020 199

Green Car Congress

JANUARY 17, 2015

The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. Report highlights include: Cape Wind’s troubles. Source: IRENA.

Renewable 150

Renewable Parts Power Powered 150

Green Car Congress

MAY 4, 2010

A new report from Pike Research, Energy Storage Systems for Ancillary Services , forecasts that global investment in ancillary services systems for electric power will grow from $227 million in 2010 to $6.6 billion by 2019.

Energy Storage 170

Energy Storage 2019 Li-ion Energy 170

Green Car Congress

DECEMBER 18, 2020

A combination of falling costs for solar and wind power, improved performance as well as economies of scale for electrolyzers could make it possible. A combination of cost reductions in electricity and electrolyzers, combined with increased efficiency and operating lifetime, can deliver 80% reduction in green hydrogen cost.

Hydrogen 482

Hydrogen Renewable Low Cost Green 482

Green Car Congress

JUNE 10, 2016

The contract takes into consideration the forecasted hourly energy consumption for the approximately 2.1 megawatts of on-site solar generation at the new headquarters through MP2 Energy’s Net Energy Billing program for the purchase of all excess solar generation. MW solar-generated power system located behind the utility meter.

Toyota 150

Toyota Renewable Energy Motor 150

Green Car Congress

JULY 6, 2020

Hydrogen has the ability to assist in variable power output from renewable energy sources such as solar PV and wind. The availability of these sources is not always commensurate with demand for power. —Sneha Susan Elias, Senior Analyst of Power at GlobalData.

Hydrogen 199

Hydrogen Cleaner Power Powered 199

Green Car Congress

SEPTEMBER 24, 2020

The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit.

Lithium Ion 360

Lithium Ion Cost Of Li-ion Batteries 360

Green Car Congress

MAY 13, 2021

The production of green hydrogen using wind power is also well underway on Jeju island. Given that renewable energy, such as solar and wind energy, and nuclear power, are all sources that emit zero carbon emissions, they are receiving attention both in Korea and abroad as viable energy sources for achieving clean hydrogen production.

Waste 320

Waste Hydrogen Industrial Industry 320