Remove Cost Of Remove Grid Remove Wind
article thumbnail

California Energy Commission adopts offshore wind goals: 5GW by 2030, 25 GW by 2045

Green Car Congress

The California Energy Commission (CEC) adopted a report establishing offshore wind goals and moving the state one step closer to development of the clean energy resource off California’s coast. Additional transmission infrastructure will be needed to deliver offshore wind energy from this region to the grid.

Wind 435
article thumbnail

Siemens Gamesa and Siemens Energy investing €120M over 5 years to develop fully integrated offshore wind-to-hydrogen system

Green Car Congress

Siemens Gamesa and Siemens Energy are joining forces to develop an innovative solution that fully integrates an electrolyzer into an offshore wind turbine as a single synchronized system to produce green hydrogen directly. It is a prime example of enabling us to store and transport wind energy, thus reducing the carbon footprint of economy.

Wind 417
article thumbnail

IHS Markit: average cost of lithium-ion battery cell to fall below $100/kWh in 2023

Green Car Congress

The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit.

article thumbnail

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

In a new study published in the journal Applied Energy , Carnegie Mellon University (CMU) researchers found that controlled charging of plug-in hybrid electric vehicles (PHEVs) reduces the costs of integrating the vehicles into an electricity system by 54–73% depending on the scenario. —Weis et al.

Wind 286
article thumbnail

Stanford study quantifies energetic costs of grid-scale energy storage over time; current batteries the worst performers; the need to improve cycle life by 3-10x

Green Car Congress

A plot of ESOI for 7 potential grid-scale energy storage technologies. Benson from Stanford University and Stanford’s Global Climate and Energy Project (GCEP) has quantified the energetic costs of 7 different grid-scale energy storage technologies over time. Credit: Barnhart and Benson, 2013. Click to enlarge.

article thumbnail

EPRI Analysis estimates costs of fully developing US smart grid could reach $476B; benefits up to $2T

Green Car Congress

Total Smart Grid costs. The Electric Power Research Institute (EPRI) has released a broad assessment of the costs and benefits to modernize the US electricity system and deploy the smart grid. The analysis updates EPRI’s 2004 EPRI assessment, which estimated the cost of implementing a smart grid at $165 billion.

EPRI 239
article thumbnail

Shearwater Energy developing SMR wind-hybrid energy project; selects NuScale Power

Green Car Congress

a United Kingdom-based hybrid clean energy company, is developing a wind-SMR (Small Modular Reactor) and hydrogen production hybrid energy project in North Wales. The UK recently announced plans to expand offshore wind capacity rapidly by 2030 and invest in SMR development to meet net-zero carbon emissions goals by 2050.

Wind 320