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

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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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Eneos opens demo plant in Australia to produce MCH liquid organic hydrogen carrier

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ENEOS Corporation has constructed a demonstration plant in Brisbane, Australia, to produce methylcyclohexane (MCH), a liquid organic hydrogen carrier (LOHC), using its proprietary low-cost electrochemical synthesis of organic hydride method Direct MCH. The operation of this demonstration plant is a part of this effort.

Australia 476
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New long-duration, extended capacity Na-Al battery design for grid storage

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h is achieved with an estimated raw active materials cost of $7.02 These metrics show the great potential of this unlocked chloroaluminate battery for future low-cost, long-duration electrochemical energy storage. By significantly increasing the cathode thickness and therefore accessible areal capacity up to 131.7 Weller et al.

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IRENA sees renewable hydrogen at least cost-possible within decade

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Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA). A combination of falling costs for solar and wind power, improved performance as well as economies of scale for electrolyzers could make it possible.

Hydrogen 482
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Volkswagen Group’s PowerCo breaks ground on second cell gigafactory

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Important factors in deciding to build the site in Valencia included the availability of low-cost green electricity, the regional research and innovation cluster, as well as the good transport infrastructure and proximity to the Group’s Spanish production sites. PowerCo is aiming to manufacture sustainable batteries in Valencia.

Spain 195
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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Report highlights include: Cape Wind’s troubles. Source: IRENA.

Renewable 150
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DOE awards $3M for 10 high-performance computing projects to improve energy efficiency and material performance

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As part of the High-Performance Computing for Energy Innovation (HPC4EI) initiative, the selected projects will leverage the expertise and computing capabilities of the U.S. HPC Modeling of Rapid Infrared Sintering for Low Cost, Efficient Solid Oxide Electrolyzer Cell Manufacturing. Solar Turbines. All Selectees.

Energy 321