Remove Africa Remove Cheap Remove Cost Of Remove Grid
article thumbnail

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

Green Car Congress

We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses. —Seb Henbest, head of Europe, Middle East and Africa for BNEF and lead author of NEO 2018. NEO 2018 sees $11.5 NEO 2018 sees $11.5

Wind 220
article thumbnail

CalSEED awards $4.2M to early-stage clean energy innovations

Green Car Congress

To help California mitigate its ever-growing wildfires, this year CalSEED has included companies that are innovating in technologies that will build wildfire resiliency into the grid. This novel technology would deliver safe, reliable, resilient, and cost-effective electric power in the grid. the cost of energy storage?by

Clean 371
article thumbnail

Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

Green Car Congress

Petro-states are compensated to transition smoothly to a sustainable economy, avoiding a last-ditch attempt to flood the world with cheap oil and gas. Some don’t manage, and political tensions rise in sub-Saharan Africa, the Middle East and Central Asia. The result is a win–win for climate and security. Geopolitical friction is low.

Carbon 207
article thumbnail

BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

Green Car Congress

The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials, according to a new study on a unified African supply chain by BloombergNEF (BNEF).

Africa 221
article thumbnail

Smart Grids, Electric Vehicles: A Financial Win-Win for All -- Seeking Alpha

Tony Karrer Delicious EVdriven

Millions will plug-in their electric vehicles [EV], plug-in hybrids [PHEV] and fuel cell vehicles [FCV] at night when electricity is cheap, then plug-in during the day when energy is expensive and sell those extra electrons at a profit. Smart Grid City will use a realtime high-speed two-way communication throughout the distribution grid.

Grid 28
article thumbnail

Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

Green Car Congress

The cost of fully implementing the Kyoto Protocol (in terms of lost economic growth) has been estimated at roughly $180 billion a year. Renergie works closely with host countries in Latin America, the Caribbean, Asia and Africa and the relevant MDB to find a suitable private sector partner. Form of Transfer.