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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. trillion of that going to wind and solar and a further $1.5

Wind 220
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California 2017 GHG inventory shows 1.2% total drop from 2016; transportation sector emissions up 1%

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In 2017, emissions from GHG emitting activities statewide were 424 million metric tons of CO 2 equivalent (MMTCO 2 e), 5 MMTCO 2 e lower than 2016 levels and 7 MMTCO 2 e below the 2020 GHG Limit of 431 MMTCO 2 e. Changes in emissions by Scoping Plan sector between 2000 and 2017. MMTCO 2 e (6%) from 2013 to 2017. Source: ARB.

2017 230
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Toyota Motor Europe invests in EODev to expand hydrogen solutions

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The partnership started in 2017, when Toyota France decided to sponsor the Energy Observer. It is the world's first hydrogen-powered boat, capable of producing its own hydrogen on-board from seawater thanks to solar, wind and hydro power.

Hydrogen 532
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EIA: CO2 emissions from US power sector have declined 28% since 2005

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EIA calculated that CO 2 emissions from the electric power sector totaled 1,744 million metric tons (MMmt) in 2017, the lowest level since 1987. Source: US EIA, US Energy-Related Carbon Dioxide Emissions , 2017. per year, US power sector CO 2 emissions in 2017 would have been about 654 MMmt more than actual 2017 levels.

2005 414
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Cal ISO: California grid battery storage increased nearly 20x since 2019 to 5,000MW; projected to hit 52,000 MW by 2045

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Source: California Energy Commission The latest data from the California Energy Commission (CEC) shows that in 2021 more than 37% of the state’s electricity came from Renewables Portfolio Standard (RPS)-eligible sources such as solar and wind, an increase of 2.7% compared to 2020.

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EIA: US energy-related CO2 fell by 2.8% in 2019, slightly below 2017 levels

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in 2019, but power sector CO 2 emissions fell by even more (-8.2%), largely because of increases from renewable sources such as wind and solar. Because sources such as wind and solar have no fuel costs, when available, they are the first sources dispatched to meet electricity demand.

2019 273
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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock.

Coal 243