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BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

Green Car Congress

Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Wind and solar grow from 7% of generation today to 48% by 2050.

Wind 207
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Energy Vault to provide 1.6 GWh of gravity energy storage to support DG Fuels SAF projects

Green Car Congress

Energy Vault, a company developing grid-scale gravity energy storage solutions, has entered into an energy storage system agreement with DG Fuels, a developer of renewable hydrogen and biogenic-based, synthetic sustainable aviation fuel (SAF) and diesel fuel. Under the terms of the agreement, Energy Vault agreed to provide 1.6

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Harvard team demonstrates new metal-free organic–inorganic aqueous flow battery; potential breakthrough for low-cost grid-scale storage

Green Car Congress

The technology could fundamentally transform the way electricity is stored on the grid, making power from renewable energy sources such as wind and sun far more economical and reliable. Solid-electrode batteries maintain discharge at peak power for far too short a time to fully regulate wind or solar power output.

Low Cost 374
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SOFC-maker Bloom Energy announces initial strategy for hydrogen market entry; partnership with SK

Green Car Congress

Solid-oxide-fuel-cell manufacturer Bloom Energy is entering the commercial hydrogen market by introducing hydrogen-powered fuel cells and electrolyzers that produce renewable hydrogen. Bloom is capitalizing on this technology by taking terrestrial renewable power and producing hydrogen using solid oxide electrolyzers.

Hydrogen 386
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New Road Map to a US Hydrogen Economy

Green Car Congress

A coalition of major oil & gas, power, automotive, fuel cell, and hydrogen companies have developed and released the full new report, a “ Road Map to a US Hydrogen Economy. ” Demand potential across sectors, base and ambitious cases. Road Map to a US Hydrogen Economy ”. million jobs by 2050. —Morry Markowitz.

Economy 521
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Porsche, Siemens Energy and partners advance climate-neutral eFuels development; Haru Oni pilot in Chile

Green Car Congress

Electrolyzers will use wind power to produce green hydrogen. The result is renewable methanol, which can be converted into climate-friendly fuel using an MTG (Methanol To Gasoline) technology to be licensed and supported by ExxonMobil. Enel is a co-funder of the plant, with a focus on wind power and electrolysis.

Chile 221
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Fossil Fuels Renewable Energy and EV Modern Life

Setec Powerr

In any case, when we switch from fossil fuels to renewable energy, we reduce but do not eliminate environmental damage. Current versions of renewable energy such as solar cells and windmills do far less damage to the environment than oil rigs, fracking, and strip mining, but they do damage the environment.