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

Green Car Congress

This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades.

Wind 220
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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. This is significant because it marks a shift toward making renewables increasingly competitive with coal, a mainstay in APAC’s energy mix.

Asia 52
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Global solar growth is on track for another record-breaking year

Baua Electric

Photo: CGTN Global solar installations are set to beat most industry forecasts, with 593 gigawatts (GW) expected to be added by the end of 2024, according to a new report by energy think tank Ember. Countries need to plan for a solar-powered future to make the most of the cheap power this technology can provide.”

Solar 52
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BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

Green Car Congress

Renewable hydrogen can be made by splitting water into hydrogen and oxygen, using electricity generated by cheap wind or solar power. Heavy trucks could also be cheaper to run on hydrogen than diesel by 2031, although batteries remain a cheaper solution for cars, buses and light trucks. Abatement cost with hydrogen at $1/kg (7.4/MMBtu).

Hydrogen 221
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CMU researchers find controlled charging of PHEVs can cut cost of integration into electricity system by 54-73%; higher benefits with wind power

Green Car Congress

Plug-in electric vehicles (PEVs), including plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs), create additional electricity demand, resulting in additional air emissions from power plants. Electric (Battery) Hybrids Plug-ins Power Generation Smart charging' 2013.10.017.

Wind 286
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UK power crisis – entirely the fault of regulators and ministers

EV Info

We have closed most of the coal plants and several the aging nuclear plants are moving offline as they close for repair of reach end of life. Why, simple the US embraced Fracking to produce bountifully supplies of cheap gas. OfGem are not in tune with the market and have a poor forecasting team. Needs – Solar and Battery.

Power 98
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Ninth annual Green Innovation Index finds California light-duty vehicle emissions spike; major challenge to 2030 climate goals

Green Car Congress

Cheap gas prices and a strong economy are creating increased goods movement and prompting Californians to drive more. The decade-long nationwide slide in emissions from power production reflects the electric power sector shifting away from coal and toward less carbon-intensive fuels. billion in 2014, up 0.08% from the previous year.