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IRENA sees renewable hydrogen at least cost-possible within decade

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Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA). A combination of falling costs for solar and wind power, improved performance as well as economies of scale for electrolyzers could make it possible.

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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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Relying on a higher share of efficient, low-emission combined cycle power plants and wind energy could save €150 billion (US$200 billion) by 2030 while attaining the same CO 2 targets, Siemens says. However, the financial cost of the shift is causing concern. Restructure the electricity market. Source: Siemens. Click to enlarge.

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Powering Offshore Wind Farms With Numerical Modeling of Subsea Cables

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Moving Wind Power Offshore The offshore wind (OFW) industry is one of the most rapidly advancing sources of power around the world. It makes sense: Wind is stronger and more consistent over the open ocean than it is on land. Some wind farms are capable of powering 500,000 homes or more. and Norway.

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Bye Aerospace unveils 8-seat all-electric eFlyer 800; Safran supporting propulsion design

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Safety features include two wing-mounted electric motors, each with dual redundant motor windings, quad-redundant battery packs and a full airplane parachute. The eFlyer 800 will have only one-fifth the operating costs of traditional twin turboprops and is geared for the air-taxi, air-cargo, regional and charter aircraft markets.

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Enel acquires eMotorWerks to provide grid balancing solutions and tap into US e-mobility market

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The acquisition of eMotorWerks marks Enel’s entrance into the US electric mobility market. These balancing services can provide additional revenue streams for EV owners, potentially lowering the total cost of ownership of these vehicles. GW powered by renewable hydropower, wind, geothermal and solar energy.

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Elcora acquires vanadium sites in quest to further position in battery technologies

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This strategic acquisition supports Elcora’s plan to enhance both its mining and energy storage solutions by adding additional markets related to battery technologies. Elcora is devoted to unlocking the full potential of solar and wind through large-scale energy storage capacity. Elcora Advanced Materials has acquired STE ERMAZONE.A.R.L,

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Nissan and Endesa collaborating to deliver vehicle-to-grid systems to market

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Nissan and Endesa, an Enel Group subsidiary, signed an agreement at the Geneva International Motor Show pledging to work together to deliver a mass-market V2G system and an innovative business model designed to leverage this technology. Endesa will host a full demonstration of the market-ready and low cost system in Madrid on 12 March.

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