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Market Update: How Battery Pack Costs Declined Since 2008

Blink Charging

Electric vehicles, renewable energy systems, and grid energy storage all rely on efficient and affordable energy storage solutions, primarily lithium-ion batteries. Let’s look at the advancements in battery cost reduction, navigate through supply chain complexities, and explore the promising prospects ahead for the EV market.

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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). Real weighted average cost of capital is 7.5%

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Study shows bamboo ethanol in China technically and economically feasible, cost-competitive with gasoline

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Now, researchers at Imperial College London have shown that bioethanol production from bamboo in China is both technically and economically feasible, as well as cost-competitive with gasoline. million tons in 2008. An open access paper on their study is published in Biotechnology for Biofuels. gallon US) with tax exemption and a $0.16/liter

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UK Review of Renewable Energy finds 30% renewables share by 2030 appropriate for the UK; a cautious approach to biofuels in transport

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A renewable energy share of around 30% by 2030 would be “appropriate” for the UK, with scope for a higher share (e.g. A renewable energy share of around 30% by 2030 would be “appropriate” for the UK, with scope for a higher share (e.g. —Renewable Energy Review. up to 45%, compared to 3% today).

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USDA Invites Public Comment on Proposed Rules for USDA Renewable Energy Programs

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The programs are authorized under the Food, Conservation and Energy Act of 2008 (The Farm Bill). The proposed rules affect the following three renewable energy programs administered by USDA Rural Development: Biorefinery Assistance Program. The initial payment would be a percentage of the cost of installing eligible systems.

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USDA and FAA to Partner to Develop Biomass Feedstocks for Renewable Jet Fuel

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Doing so will decrease the industry’s current dependence on foreign oil and help stabilize fuel costs in the long run, said Agriculture Secretary Tom Vilsack during a speech to the National Press Club in Washington, DC. BCAP uses a dual approach to support the production of renewable energy.

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Report for IPCC finds renewables could supply up to 77% of global energy by 2050 under most optimistic scenario; need for enabling public policies and investments

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Ranges of global technical potentials of renewable energy sources derived from studies analyzed in SRREN report. The authors reviewed more than 160 existing scientific scenarios on the possible penetration of renewables by 2050, alongside environmental and social implications; and then reviewed with four of these in-depth.

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