Cost, Cost Of and Renewable

IRENA sees renewable hydrogen at least cost-possible within decade

Green Car Congress

DECEMBER 18, 2020

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). The report— Green Hydrogen Cost Reduction: scaling up electrolyzers to meet the 1.5 Source: IRENA.

Hydrogen

Hydrogen Renewable Low Cost Green

Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

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JUNE 15, 2021

Researchers at Argonne National Laboratory, with colleagues from Lawrence Berkeley, Oak Ridge, and National Renewable Energy labs, and the University of Tennessee, have published a comprehensive analysis of the total cost of ownership (TCO) for 12 sizes of vehicles ranging from compact sedans up to Class 8 tractors with sleeper cabs.

Maintenance

Maintenance Cost Of Chad Plug-in

ICIS: EU Hydrogen Bank could bring renewable hydrogen costs below €1/kg

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APRIL 7, 2023

By Jake Stones, hydrogen editor at ICIS ICIS data shows that renewable hydrogen could be sold for below €1/kg if a producer obtains the maximum support provided by the European Hydrogen Bank , according to the heads of terms for the bank published by the European Commission on 31 March. Funding is granted once hydrogen production starts.

Hydrogen

Hydrogen Renewable Grant Price

NREL report finds electrified heavy-duty vehicle powertrains could provide lower total cost of ownership than diesel under certain conditions

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SEPTEMBER 22, 2021

A new total cost of ownership (TCO) study from the National Renewable Energy Laboratory (NREL) finds that battery-electric and fuel-cell electric commercial trucks could be economically competitive with conventional diesel trucks by 2025 in some operating scenarios.

Cost Of

Cost Of Diesel Chad Vehicles

Wärtsilä report finds accelerated adoption of renewables can reduce electricity production costs by up to 50%

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OCTOBER 11, 2021

The Front-Loading Net Zero report states that electricity production costs could be reduced by up to 50% by 2050 if countries and states adopt 100% renewable systems faster than currently planned. Utilities should keep repeating steps 1 - 3 until their systems run on 80 – 90% renewables.

Renewable

Renewable Energy Storage Coal Production

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

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SEPTEMBER 24, 2020

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. Cost is the name of the game.

Lithium Ion

Lithium Ion Cost Of Li-ion Batteries

Hydrogen Council report finds cost of hydrogen solutions to fall sooner than previously expected

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JANUARY 22, 2020

The Hydrogen Council has published a new report, Path to Hydrogen Competitiveness: A Cost Perspective , demonstrating that the cost of hydrogen solutions will fall sharply within the next decade, sooner than previously expected. Significant cost reductions are expected across different hydrogen applications.

Hydrogen

Hydrogen Cost Of Renewable Japan

NREL, INL team assesses levelized cost of light-duty EV charging in US in 2019

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JUNE 22, 2020

A team from the National Renewable Energy Laboratory (NREL) and the Idaho National Laboratory has produced a detailed assessment of the current levelized cost of light-duty electric-vehicle charging (LCOC) in the United States, considering when, where, and how EVs are charged. kWh); however, costs vary considerably (e.g.,

Cost Of

Cost Of Light 2019 Charging

BNEF: cost of new renewables rises as inflation starts to bite

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JULY 1, 2022

The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. The latter cost at $74 and $81 per MWh, respectively.

Cost Of

Cost Of Renewable Wind Egypt

DOE labs study on costs and benefits of new transportation technologies the most comprehensive to date

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AUGUST 14, 2021

A new study published by US Department of Energy’s (DOE) Argonne National Laboratory offers the most complete understanding yet of the costs of owning and operating a vehicle, and how those costs vary by powertrain, from the conventional to the cutting-edge. Overall, hybrid electric vehicles tend to be the lowest-cost powertrain.

Transportation

Transportation Alternative Fuels Maintenance Chad

Monash team proposes roadmap to renewable ammonia economy; 3 generations of technology

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MAY 11, 2020

While there is global potential to generate renewable energy at costs already competitive with fossil fuels, a means of storing and transporting this energy at a very large scale is a roadblock to large-scale investment, development and deployment. Generation 2 moves the Haber-Bosch process to renewable sources of hydrogen.

Renewable

Renewable Economy Hydrogen Water

IIASA-led study proposes Underground Gravity Energy Storage as long-term energy storage solution for renewables

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JANUARY 13, 2023

Renewable energy sources are central to the energy transition toward a more sustainable future. While there are many effective solutions for daily energy storage, the most common being batteries, a cost-effective long-term solution is still lacking.

Energy Storage

Energy Storage Energy Renewable Store

BloombergNEF forecasts green hydrogen should be cheaper than natural gas by 2050 in some markets; falling costs of solar PV key

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APRIL 7, 2021

In a new piece of research, BloombergNEF (BNEF) finds that the levelized cost of hydrogen (LCOH 2 ) made from renewable electricity is set to fall faster than it previously estimated. These costs are 13% lower than BNEF’s previous 2030 forecast and 17% lower than its old 2050 forecast. MMBtu) by 2050 in most modeled markets.

Cost Of

Cost Of Hydrogen Solar Green

EC JRC finds delivery of large amounts of green hydrogen over long distances could be cost-effective

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JUNE 14, 2021

The European Commission’s Joint Research Center (JRC) published a policy brief showing that delivery of large amounts of renewable hydrogen over long distances could be cost-effective. The most cost effective way to deliver renewable hydrogen depends on distance, amount, final use, and whether there is infrastructure already available.

Hydrogen

Hydrogen Chile Renewable Green

DOE researchers investigate economic and environmental impacts of converting wet waste to renewable diesel

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JANUARY 3, 2022

Given the nature of wet waste resources that requires dedicated waste management practices to collect, store, treat, and dispose of the waste, shifting the waste resources from going through conventional waste management practices to utilization as feedstocks for energy production may represent an avoided cost of waste management and disposal.

Waste

Waste Diesel Renewable Convert

PNNL, OSU, Lanzatech improving efficiency and cost of ethanol-to-jet process

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AUGUST 20, 2021

A patented process for converting alcohol sourced from renewable or industrial waste gases into jet or diesel fuel is being scaled up at the US Department of Energy’s Pacific Northwest National Laboratory with the help of partners at Oregon State University and the carbon-recycling experts at LanzaTech. —OSU lead researcher Brian Paul.

Cost Of

Cost Of Oregon Conversion Waste

Japan team evaluates battery-assisted low-cost hydrogen production from solar energy

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FEBRUARY 1, 2019

The results from this study suggested a cost of hydrogen as low as ¥17 to ¥27/Nm 3 (US$0.16 - $0.25) using a combination of technologies and the achievement of ambitious individual cost targets for batteries, PV, and electrolyzers. For comparison, the US DOE’s 2020 target for the levelized cost of hydrogen (production only) is $2.30/kg.

Low Cost

Low Cost Hydrogen Solar Japan

Highview Power and Encore Renewable Energy to co-develop the first long-duration, liquid-air energy storage system in US

Green Car Congress

DECEMBER 28, 2019

a provider of long duration energy storage solutions, and Encore Renewable Energy, a developer of renewable energy generation and storage projects, jointly announced plans to develop the United States’ first long-duration, liquid-air energy storage system. Highview Power Storage, Inc.,

Energy Storage

Energy Storage Renewable Energy Vermont

IRENA report says tripling renewables investment required to reach 2050 climate goal

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NOVEMBER 11, 2020

Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). Renewable energy investment slightly declined in 2018, with modest growth through 2019.

Climate

Climate Renewable Financing 2018

Heliogen and Bloom Energy demonstrate production of low-cost green hydrogen; concentrated solar and high-temp electrolysis

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NOVEMBER 17, 2021

Heliogen’s AI-enabled concentrated solar energy system is designed to create carbon-free steam, electricity, and heat from abundant and renewable sunlight. Electricity accounts for nearly 80% of the cost of hydrogen from electrolysis. By using less electricity, hydrogen production is more economical and accelerates adoption.

Low Cost

Low Cost Hydrogen Solar Green

Bosch on importance of renewable synthetic fuels to reach climate goals; e-fuels

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SEPTEMBER 22, 2019

One path to achieving this is with renewable synthetic fuels (e-fuels). Bosch outlines seven reasons why renewable synthetic fuels should be part of tomorrow’s mobility mix: Time. Renewable synthetic fuels have long since left the basic research phase. emitted by burning renewable synthetic fuels is reused to produce new fuels.

Renewable

Renewable Fuel Climate Gasoline-Electric

DOE to fund research to reduce costs of high-voltage direct current (HVDC) transmission

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AUGUST 31, 2023

The US Department of Energy’s (DOE) Wind Energy Technologies Office (WETO) and Office of Electricity (OE) plan to fund (DE-FOA-0003241) research to drive innovation and reduce costs of high-voltage direct current (HVDC) voltage source converter (VSC) transmission systems.

Cost Of

Cost Of Grid Convert Wind

GM, GE Renewable Energy partner to develop supply chain of rare earth and other materials to support EV and renewable energy growth

Green Car Congress

OCTOBER 6, 2021

General Motors and GE Renewable Energy signed a non-binding Memorandum of Understanding (MoU) to evaluate opportunities to improve supplies of heavy and light rare earth materials and magnets, copper and electrical steel used for manufacturing of electric vehicles and renewable energy equipment.

Renewable

Renewable GM Supplies Energy

DOE releases Energy Storage Grand Challenge Roadmap; 44% reduction in manufactured cost for 300-mile EV pack by 2030

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DECEMBER 22, 2020

DOE also released two companion ESGC reports: the 2020 Grid Energy Storage Technology Cost and Performance Assessment and the Energy Storage Market Report 2020. kWh levelized cost of storage for long-duration stationary applications, a 90% reduction from 2020 baseline costs by 2030.

Energy Storage

Energy Storage Manufacturer Energy Miles

Study finds shifts to renewable energy can drive up energy poverty

Green Car Congress

JULY 13, 2019

Efforts to shift away from fossil fuels and replace oil and coal with renewable energy sources can help reduce carbon emissions but do so at the expense of increased inequality, according to a new study by researchers at Portland State University (PSU) and Vanderbilt University. —Julius McGee.

Renewable

Renewable Energy Portland Climate Change

PNNL team develops new low-cost method to convert captured CO2 to methane

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SEPTEMBER 3, 2021

Methane derived from CO 2 and renewable H 2 sources is an attractive fuel, and it has great potential as a renewable hydrogen carrier as an environmentally responsible carbon capture and utilization approach. The authors’ assessment identified further cost savings, in that CO 2 captured by EEMPA can be converted to methane on site.

Convert

Convert Low Cost CO2 Conversion

SoCalGas, H2U testing new Gramme 50 electroylzer for green hydrogen production

Green Car Congress

APRIL 22, 2021

According to early analysis, the cost target of the new technology is half that of current electrolyzers and the total cost of ownership over its life is expected to be 75% less. Less expensive technologies such as this can start a “virtuous cycle” of cost reductions, increased scale-up, and further cost reductions in turn.

Hydrogen

Hydrogen Green Production Gas-Electric

NREL study finds high-pressure hydrogen pipeline system could potentially make hydrogen cost-competitive with gasoline

Green Car Congress

JANUARY 10, 2020

A new study by a team at the National Renewable Energy Laboratory (NREL) concludes that a high-pressure, scalable, intra-city hydrogen pipeline system could improve the economics and logistics of hydrogen delivery, making it potentially cost-competitive with gasoline. kg—approximately equivalent to a gasoline cost of $2.7/gal

Hydrogen

Hydrogen Gasoline Los Angeles Chad

DOE awarding $35M to 11 projects for hydrokinetic turbine development; ARPA-E SHARKS

Green Car Congress

NOVEMBER 25, 2020

Hydrokinetic energy is an abundant renewable resource that can boost grid resiliency and reduce infrastructure vulnerability, but it is currently a cost prohibitive option compared to other energy generating sources. These methodologies will significantly decrease the levelized cost of energy (LCOE) of the final HKT design.

Mariner

Mariner Universal Grid Water

Western Australia to invest $22M to accelerate renewable hydrogen future

Green Car Congress

AUGUST 17, 2020

The Western Australia Government of Premier Mark McGowan will bring forward the Western Australian Renewable Hydrogen Strategy targets by a decade and invest $22 million to develop hydrogen supply, meet growing demand for the clean fuel and create jobs. The McGowan Government has committed $5.7

Australia

Australia Hydrogen Renewable Future

New NREL-led consortium seeks to lower heliostat cost 50% and jump-start manufacturing in US

Green Car Congress

DECEMBER 21, 2021

The US Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL), joined by partners at Sandia National Laboratories and the Australian Solar Thermal Research Institute, launched the Heliostat Consortium (HelioCon), an international effort to drive down the cost of heliostats.

Manufacturer

Manufacturer Energy Storage Solar Low Cost

ABB and Hynamics collaborate to lower green hydrogen production cost

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FEBRUARY 6, 2023

Hynamics, the hydrogen subsidiary of EDF group, has signed an agreement to collaborate with ABB and test the ABB Ability OPTIMAX for Green Hydrogen energy management system (EMS), which was launched to market in November 2022, across Hynamics’ plants to help optimize electrical costs of hydrogen production by up to 16%, according to ABB modeling.

Hydrogen

Hydrogen Green Production Waste

Raven SR & Hyzon Motors to build up to 100 waste-to-hydrogen hubs

Green Car Congress

APRIL 28, 2021

Raven SR , a renewable fuels company, and Hyzon Motors Inc., into locally produced, renewable hydrogen for Hyzon’s fleet of zero-emission commercial vehicles. Raven can also easily process natural and renewable gases alone or combined with solid waste. As part of the agreement, Hyzon is acquiring a minority interest in Raven SR.

Waste

Waste Hydrogen Building Motors

Geely supporting Danish initiative on e-methanol with vehicle trials in Aalborg

Green Car Congress

MARCH 30, 2022

While the country is one of the world’s largest producers of wind and solar renewable energy, it faces the issue of renewable energy being weather-dependent and prone to fluctuation. The uses of green methanol for commercial shipping have already been pioneered by Danish shipping giant Maersk.

Denmark

Denmark Vehicles Iceland Renewable

GM, GE Renewable Energy partner to develop supply chain of rare earth and other materials to support EV and renewable energy growth

Green Car Congress

OCTOBER 6, 2021

General Motors and GE Renewable Energy signed a non-binding Memorandum of Understanding (MoU) to evaluate opportunities to improve supplies of heavy and light rare earth materials and magnets, copper and electrical steel used for manufacturing of electric vehicles and renewable energy equipment.

Renewable

Renewable GM Supplies Energy

SOFC-maker Bloom Energy announces initial strategy for hydrogen market entry; partnership with SK

Green Car Congress

JULY 20, 2020

Solid-oxide-fuel-cell manufacturer Bloom Energy is entering the commercial hydrogen market by introducing hydrogen-powered fuel cells and electrolyzers that produce renewable hydrogen. Bloom is capitalizing on this technology by taking terrestrial renewable power and producing hydrogen using solid oxide electrolyzers.

Hydrogen

Hydrogen South Korea Market Energy

Researchers find capillary-fed electrolysis cell can deliver hydrogen at 98% cell energy efficiency

Green Car Congress

MARCH 21, 2022

With this level of cell energy efficiency—well above International Renewable Energy Agency’s (IRENA) 2050 target and significantly better than existing electrolyzer technologies—hydrogen production cost could be well below US$1.50/kg. kWh/kg in commercial electrolysis cells). —Gerry Swiegers. Hoang, A.L.,

Hydrogen

Hydrogen Energy Water Renewable

GTI quantifies opportunity to produce low-carbon renewable natural gas (RNG) from wood wastes

Green Car Congress

FEBRUARY 15, 2019

GTI has released a site-specific engineering design titled “ Low-Carbon Renewable Natural Gas (RNG) from Wood Wastes ”. GTI led a team of engineers and scientists to produce a blueprint for converting an existing biomass facility into an RNG production site, using the wood waste feedstock and some of the existing infrastructure. Source: GTI.

Waste

Waste Carbon Gas Renewable

Shell Starship 3.0 to use Cummins X15N natural gas engine running on RNG

Green Car Congress

MAY 5, 2023

will be updated with a Cummins X15N natural gas engine ( earlier post ) that will run on Shell Renewable Natural Gas (RNG). will capitalize on some of the latest available technology, including being powered by renewable natural gas. At ACT Expo in Anaheim, Shell announced that Shell Starship 3.0 Shell Starship 3.0 Starship 2.0

Gas

Gas Engine San Diego Jacksonville

Argonne releases new cradle-to-grave lifecycle analysis of US LDV vehicle-fuel pathways

Green Car Congress

AUGUST 6, 2022

The study provides a comprehensive analysis of the cost and greenhouse gas (GHG) emissions of a variety of vehicle-fuel pathways; the levelized cost of driving (LCD); and the cost of avoided GHG emissions. Cost assessments represent a final cost/price to the consumer, excluding taxes on the final product (e.g.,

Fuel

Fuel Vehicles PHEV Carbon

DOE releases Hydrogen Program Plan

Green Car Congress

NOVEMBER 13, 2020

The Plan involves participation from the Offices of Energy Efficiency and Renewable Energy, Fossil Energy, Nuclear Energy, Electricity, Science, and the Advanced Research Projects Agency–Energy. Fuel cell system cost of $80/kW with 25,000-hour durability for long-haul heavy-duty trucks. On-board vehicular hydrogen storage at $8/kWh, 2.2

Hydrogen

Hydrogen 2006 Fuel Cost Of

SCA and St1 enter joint venture to produce and develop renewable diesel and biojet fuels

Green Car Congress

SEPTEMBER 21, 2021

Forest products company SCA and St1 have entered a joint venture in Sweden to produce and sell renewable HVO diesel and biojet fuel. The new biorefinery is under construction on the St1 refinery site in Gothenburg and will have a total capacity of 200,000 tonnes of liquid biofuels, with a total investment cost of SEK 2.5

Renewable

Renewable Diesel Fuel Sweden

Hyliion launches Hypertruck Electric Range Extender; CNG genset; 1,000-truck pre-order

Green Car Congress

JUNE 26, 2020

The powertrain also produces electricity locally at roughly 30% less than the average grid cost, which yields a seven-year cost-of-ownership unmatched by any diesel, battery-electric (BEV) or hydrogen fuel-cell (FCEV) Class 8 truck under development.

Range

Range Gas-Electric Gas Electrical

IHS Markit: annual investments in green hydrogen production to exceed $1 billion by 2023

Green Car Congress

DECEMBER 4, 2020

IHS Markit forecasts that annual global investments in green hydrogen—hydrogen production powered by renewable sources—will exceed US$1 billion by 2023. The elevated investment outlook is attributed to falling costs and policy support from governments looking to shift towards low-carbon economies.

Hydrogen

Hydrogen Green Production Renewable

IRENA sees renewable hydrogen at least cost-possible within decade

Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

ICIS: EU Hydrogen Bank could bring renewable hydrogen costs below €1/kg

NREL report finds electrified heavy-duty vehicle powertrains could provide lower total cost of ownership than diesel under certain conditions

Wärtsilä report finds accelerated adoption of renewables can reduce electricity production costs by up to 50%

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

Hydrogen Council report finds cost of hydrogen solutions to fall sooner than previously expected

NREL, INL team assesses levelized cost of light-duty EV charging in US in 2019

BNEF: cost of new renewables rises as inflation starts to bite

DOE labs study on costs and benefits of new transportation technologies the most comprehensive to date

Monash team proposes roadmap to renewable ammonia economy; 3 generations of technology

IIASA-led study proposes Underground Gravity Energy Storage as long-term energy storage solution for renewables

BloombergNEF forecasts green hydrogen should be cheaper than natural gas by 2050 in some markets; falling costs of solar PV key

EC JRC finds delivery of large amounts of green hydrogen over long distances could be cost-effective

DOE researchers investigate economic and environmental impacts of converting wet waste to renewable diesel

PNNL, OSU, Lanzatech improving efficiency and cost of ethanol-to-jet process

Japan team evaluates battery-assisted low-cost hydrogen production from solar energy

Highview Power and Encore Renewable Energy to co-develop the first long-duration, liquid-air energy storage system in US

IRENA report says tripling renewables investment required to reach 2050 climate goal

Heliogen and Bloom Energy demonstrate production of low-cost green hydrogen; concentrated solar and high-temp electrolysis

Bosch on importance of renewable synthetic fuels to reach climate goals; e-fuels

DOE to fund research to reduce costs of high-voltage direct current (HVDC) transmission

GM, GE Renewable Energy partner to develop supply chain of rare earth and other materials to support EV and renewable energy growth

DOE releases Energy Storage Grand Challenge Roadmap; 44% reduction in manufactured cost for 300-mile EV pack by 2030

Study finds shifts to renewable energy can drive up energy poverty

PNNL team develops new low-cost method to convert captured CO2 to methane

SoCalGas, H2U testing new Gramme 50 electroylzer for green hydrogen production

NREL study finds high-pressure hydrogen pipeline system could potentially make hydrogen cost-competitive with gasoline

DOE awarding $35M to 11 projects for hydrokinetic turbine development; ARPA-E SHARKS

Western Australia to invest $22M to accelerate renewable hydrogen future

New NREL-led consortium seeks to lower heliostat cost 50% and jump-start manufacturing in US

ABB and Hynamics collaborate to lower green hydrogen production cost

Raven SR & Hyzon Motors to build up to 100 waste-to-hydrogen hubs

Geely supporting Danish initiative on e-methanol with vehicle trials in Aalborg

GM, GE Renewable Energy partner to develop supply chain of rare earth and other materials to support EV and renewable energy growth

SOFC-maker Bloom Energy announces initial strategy for hydrogen market entry; partnership with SK

Researchers find capillary-fed electrolysis cell can deliver hydrogen at 98% cell energy efficiency

GTI quantifies opportunity to produce low-carbon renewable natural gas (RNG) from wood wastes

Shell Starship 3.0 to use Cummins X15N natural gas engine running on RNG

Argonne releases new cradle-to-grave lifecycle analysis of US LDV vehicle-fuel pathways

DOE releases Hydrogen Program Plan

SCA and St1 enter joint venture to produce and develop renewable diesel and biojet fuels

Hyliion launches Hypertruck Electric Range Extender; CNG genset; 1,000-truck pre-order

IHS Markit: annual investments in green hydrogen production to exceed $1 billion by 2023

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