Cost, Renewable and Wind

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

Gigastack renewable hydrogen from offshore wind project advances to next phase; 100MW electrolyzer system

Green Car Congress

FEBRUARY 19, 2020

million for the next phase of Gigastack, a new renewable hydrogen project, as part of the Department for Business, Energy and Industrial Strategy (BEIS) Hydrogen Supply Competition. Producing hydrogen has traditionally been associated with high carbon emissions, but by using renewable electricity—e.g., The UK has awarded £7.5

Wind

Wind Hydrogen Renewable Low Cost

Sandia innovation eliminates reliance on rare-earth magnets for large-scale wind turbines

Green Car Congress

SEPTEMBER 12, 2022

Motivated by the need to eliminate expensive rare-earth magnets in utility-scale direct-drive wind turbines, Sandia National Laboratories researchers have developed a fundamentally new type of rotary electrical contact. The technology proves beneficial in lowering costs, improving sustainability and reducing maintenance. 1 milliohm).

Wind

Wind Maintenance Supplies Renewable

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

Green Car Congress

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

Nacero awards 20-year wind power purchase agreement to NextEra for natural gas-to-gasoline plant in Texas

Green Car Congress

FEBRUARY 18, 2022

Texas-based Nacero, a company seeking to produce low- and zero-lifecycle carbon footprint gasoline blendstock ( earlier post ) has awarded a subsidiary of NextEra Energy Resources, LLC a 20-year power purchase agreement to supply wind power to Nacero’s planned flagship manufacturing facility in Penwell, Texas. Renewable power procurement.

Wind

Wind Texas Gasoline Purchase

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

Green Car Congress

AUGUST 11, 2022

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

Wind California Energy Mariner

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

Green Car Congress

JANUARY 18, 2021

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

Wind Hydrogen Energy Green

H2@Scale project launched in Texas; renewable hydrogen for multiple end-use applications

Green Car Congress

SEPTEMBER 16, 2020

The project is supported by DOE’s Hydrogen and Fuel Cell Technologies Office within the Office of Energy Efficiency and Renewable Energy. The project partners will generate zero-carbon hydrogen onsite via electrolysis with solar and wind power and reformation of renewable natural gas from a Texas landfill.

Texas

Texas Hydrogen Renewable Austin

bp & Ørsted to produce green H2 at Lingen refinery; industrial-scale electrolyzer powered by offshore wind

Green Car Congress

NOVEMBER 15, 2020

renewable power, producing zero emissions. This will be powered by renewable energy generated by an Ørsted offshore ?wind wind farm in the North Sea and the hydrogen produced will be used in the refinery.?. When powered by renewable ?energy, Renewable hydrogen has to become cost ?competitive west Germany.

Wind

Wind Green Industrial Industry

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

Green Car Congress

JANUARY 13, 2023

Renewable energy sources are central to the energy transition toward a more sustainable future. However, because sunshine and wind are inherently variable and inconsistent, finding ways to store energy in an accessible and efficient way is crucial.

Energy Storage

Energy Storage Energy Renewable Store

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

Green Car Congress

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

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

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

Green Car Congress

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

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

Green Car Congress

JANUARY 18, 2021

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. As international renewable energy portfolios grow, this collaboration highlights the increasing momentum and need for more flexible and reliable low-carbon energy generation.

Wind

Wind Energy Power Powered

Harvard team demonstrates new metal-free organic–inorganic aqueous flow battery; potential breakthrough for low-cost grid-scale storage

Green Car Congress

JANUARY 11, 2014

In a paper in Nature , they suggest that the use of such redox-active organic molecules instead of redox-active metals represents a new and promising direction for realizing massive electrical energy storage at greatly reduced cost. The design permits larger amounts of energy to be stored at lower cost than with traditional batteries.

Low Cost

Low Cost Grid Batteries Battery

Naturgy and Enagás studying production of green hydrogen from 350 MW of wind power in Asturias

Green Car Congress

FEBRUARY 7, 2021

Naturgy and Enagás are studying the production of green hydrogen from a 250MW floating offshore wind farm and another 100MW onshore wind farm in Asturias (Spain) for industrial consumption in this Autonomous Region.

Wind

Wind Hydrogen Green Power

Cepsa to invest €3B in Andalusia to build the largest green hydrogen hub in Europe; additional €2B for renewable power

Green Car Congress

DECEMBER 5, 2022

To generate the renewable electricity needed to feed production of green hydrogen, Cepsa will develop a 3GW portfolio of wind and solar energy projects with an additional €2-billion investment. It also has one of the highest wind and solar photovoltaic power generation and production capacity in Europe, and at the lowest cost.

Hydrogen

Hydrogen Renewable Green Europe

Wärtsilä gas engines to burn 100% hydrogen

Green Car Congress

MAY 6, 2020

In addition to hydrogen, other potential renewable fuels are being studied for future applications, and Wärtsilä engines are already capable of combusting 100% synthetic carbon-neutral methane and methanol. Hydrogen as part of the renewable electricity system of the future. —Marco Wiren, President, Wärtsilä Energy Business.

Hydrogen

Hydrogen Gas Engine Wind

Prometheus CEO outlines tech advances that could make CO2-to-fuels renewable gasoline and jet price-competitive with fossil fuels

Green Car Congress

JANUARY 30, 2020

In a commentary in the journal Joule , Rob McGinnis, founder and and CEO of Prometheus , a company that is developing technology to remove carbon dioxide from the air and turn it into fuels, discusses the technology advances that could lead to the potential price-competitiveness of renewable gasoline and jet with fossil fuels.

Gasoline

Gasoline Renewable Fuel Price

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

Green Car Congress

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

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

Green Car Congress

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

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

Green Car Congress

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

BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

Green Car Congress

AUGUST 2, 2022

Global investment in renewable energy totaled $226 billion in the first half of 2022, setting a new record for the first six months of a year, according to Renewable Energy Investment Tracker 2H 2022, a new report published by research firm BloombergNEF (BNEF). Wind project financing was up 16% from 1H 2021, at $84 billion.

Financing

Financing Renewable Wind Energy

Gevo and HCS Group to produce renewable low-carbon chemicals and sustainable aviation fuel in Europe

Green Car Congress

MARCH 1, 2021

and HCS Group GmbH, a long-time customer of Gevo, have signed a project memorandum of understanding (MOU) to develop and to build a renewable hydrocarbon facility at HCS Group’s site located in Speyer, Germany, which would utilize Gevo’s low-carbon sustainable aviation fuel (SAF) technology: Alcohol-to-Jet Synthetic Paraffinic Kerosene.

Renewable

Renewable Carbon Europe Fuel

UK awards £28M for 5 demonstration-phase low-carbon hydrogen production projects

Green Car Congress

FEBRUARY 18, 2020

The Dolphyn project showcases a floating semi-submersible design with an integrated wind turbine, PEM electrolysis and desalination facilities. The project concerns the production of hydrogen at scale from offshore floating wind in deep water locations. The project aims to reduce the cost of electrolytic hydrogen significantly.

Hydrogen

Hydrogen Carbon Production Wind

Toyota establishes Toyota Green Energy to conduct renewable energy power generation business

Green Car Congress

APRIL 6, 2020

and Toyota Tsusho Corporation agreed to establish Toyota Green Energy LLP for the purposes of obtaining and managing renewable energy sources in Japan and supplying electric power from renewable energy sources to the Toyota Group in the future. Toyota Motor Corporation, Chubu Electric Power Co.,

Toyota

Toyota Renewable Energy Green

EPIC: state-level renewable electricity mandates increase electricity prices up to 17% over 12 years; cost more expensive than benefit

Green Car Congress

APRIL 30, 2019

As states take the lead in confronting climate change, a flagship policy is often Renewable Portfolio Standards (RPS). RPS programs, which require that a certain percentage of the state’s electricity come from renewable sources, currently cover 64 percent of the electricity sold in the United States.

Renewable

Renewable Price District of Columbia Chicago

Energy Vault to provide 1.6 GWh of gravity energy storage to support DG Fuels SAF projects

Green Car Congress

OCTOBER 31, 2021

Energy Vault, a company developing grid-scale gravity energy storage solutions, has entered into an energy storage system agreement with DG Fuels, a developer of renewable hydrogen and biogenic-based, synthetic sustainable aviation fuel (SAF) and diesel fuel. Under the terms of the agreement, Energy Vault agreed to provide 1.6

Energy Storage

Energy Storage Energy Fuel Louisiana

Biden Administration launching offshore wind offensive

Green Car Congress

MARCH 30, 2021

The Biden Administration announced a series of measures to support rapid offshore wind deployment, including designation of a new wind energy area and targeting the deployment of 30 GW of offshore wind by 2030. New Wind Energy Area. Deploying 30 GW of Offshore Wind by 2030.

Wind

Wind New Jersey Grant New York

Xcel Energy, INL to use nuclear energy for clean hydrogen production; HTSE

Green Car Congress

DECEMBER 13, 2020

Xcel Energy also has a large amount of wind in its energy generation portfolio, which offers an opportunity to demonstrate how a nuclear plant’s electricity could be used to make hydrogen when wind energy satisfies grid demand. The report was published by the National Renewable Energy Laboratory.

Hydrogen

Hydrogen Energy Production Clean

IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Green Car Congress

JANUARY 17, 2015

The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5%

Renewable

Renewable Parts Power Powered

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

Green Car Congress

JUNE 19, 2018

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. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. trillion of that going to wind and solar and a further $1.5

Wind

Wind Solar Global Coal

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

Opinion: Reinventing fuel-based power for a more secure and resilient grid

Green Car Congress

DECEMBER 1, 2020

With battery storage able to provide a unique role in balancing a renewable electricity grid, Toby Gill, CEO of Intelligent Power Generation, asks could innovations in green hydrogen and biofuel technologies contribute to a more optimized and economical energy mix? by Toby Gill, CEO, Intelligent Power Generation.

Grid

Grid Power Powered Fuel

AW-Energy entering green hydrogen market with wave energy device

Green Car Congress

FEBRUARY 12, 2021

AW-Energy says that its wave energy device, when combined with other renewable energy sources, can enable significant green hydrogen cost reductions and is a viable solution in the drive to execute the world’s clean energy hydrogen roadmap. Wave energy holds the greatest potential to generate constant low-cost green hydrogen.

Hydrogen

Hydrogen Green Energy Market

Energy from renewables will soon be cheaper than from coal—in many world regions

Green Car Reports

MARCH 17, 2020

Renewable energy is not just better for the environment, it's also becoming cheaper than coal for electricity generation in many parts of the world, according to a new report.

Coal

Coal Renewable Energy Wind

Carbon Clean and Liquid Wind partner on eMethanol production for marine fuel

Green Car Congress

APRIL 29, 2021

Carbon Clean, a developer of low-cost carbon capture technology, has entered into an agreement with power-to-fuels developer Liquid Wind. Within the Liquid Wind facility, the CO 2 will then be combined with renewable hydrogen to form the carbon-neutral liquid fuel, eMethanol.

Wind

Wind Mariner Carbon Clean

BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

Green Car Congress

JUNE 19, 2019

Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Wind and solar grow from 7% of generation today to 48% by 2050. Global power generation mix.

Wind

Wind Solar Emissions Batteries

RWE and ArcelorMittal intend to build and operate offshore wind farms and hydrogen facilities for low-emissions steelmaking

Green Car Congress

JUNE 23, 2022

Energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany.

Wind

Wind Hydrogen Emissions Building

The California grid ran on 100% renewables with no blackouts or cost rises for a record 98 days

Electrek

DECEMBER 31, 2024

A new study published in the journal Renewable Energy uses data from the state of California to demonstrate that no blackouts occurred when wind-water-solar electricity supply exceeded 100% of demand on the states main grid for a record 98 of 116 days from late winter to early summer 2024 for an average (maximum) of 4.84 (10.1)

Grid

Grid Renewable California Wind

MITEI study finds hydrogen-generated electricity is a cost-competitive candidate for backing up wind and solar

Green Car Congress

AUGUST 29, 2021

A team at MITEI (MIT Energy Initiative) has found that hydrogen-generated electricity can be a cost-competitive option for backing up wind and solar. As we move to more and more renewable penetration, this intermittency will make a greater impact on the electric power system. —Emre Gençer, co-author.

Wind

Wind Hydrogen Solar Lithium Ion

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

Green Car Congress

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

New Road Map to a US Hydrogen Economy

Green Car Congress

MARCH 22, 2020

The Road Map stresses the versatility of hydrogen as an enabler of the renewable energy system; an energy vector that can be transported and stored; and a fuel for the transportation sector, heating of buildings and providing heat and feedstock to industry. Demand potential across sectors, base and ambitious cases. million jobs by 2050.

Economy

Economy Hydrogen Chevron Low Cost

Cemvita demonstrates “gold hydrogen” production in situ, sets up subsidiary

Green Car Congress

SEPTEMBER 28, 2022

Traditional methods of producing hydrogen without greenhouse gas emissions (green hydrogen) include electrolysis powered by renewable sources such as wind, solar, or hydro. According to a report from S&P Global Commodity Insights, the cost of electrolytic hydrogen from renewable energy spiked as high as $16.80/kg

Hydrogen

Hydrogen Production Oil Renewable

IRENA sees renewable hydrogen at least cost-possible within decade

Gigastack renewable hydrogen from offshore wind project advances to next phase; 100MW electrolyzer system

Sandia innovation eliminates reliance on rare-earth magnets for large-scale wind turbines

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

Nacero awards 20-year wind power purchase agreement to NextEra for natural gas-to-gasoline plant in Texas

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

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

H2@Scale project launched in Texas; renewable hydrogen for multiple end-use applications

bp & Ørsted to produce green H2 at Lingen refinery; industrial-scale electrolyzer powered by offshore wind

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

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

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

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

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

Harvard team demonstrates new metal-free organic–inorganic aqueous flow battery; potential breakthrough for low-cost grid-scale storage

Naturgy and Enagás studying production of green hydrogen from 350 MW of wind power in Asturias

Cepsa to invest €3B in Andalusia to build the largest green hydrogen hub in Europe; additional €2B for renewable power

Wärtsilä gas engines to burn 100% hydrogen

Prometheus CEO outlines tech advances that could make CO2-to-fuels renewable gasoline and jet price-competitive with fossil fuels

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

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

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

BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

Gevo and HCS Group to produce renewable low-carbon chemicals and sustainable aviation fuel in Europe

UK awards £28M for 5 demonstration-phase low-carbon hydrogen production projects

Toyota establishes Toyota Green Energy to conduct renewable energy power generation business

EPIC: state-level renewable electricity mandates increase electricity prices up to 17% over 12 years; cost more expensive than benefit

Energy Vault to provide 1.6 GWh of gravity energy storage to support DG Fuels SAF projects

Biden Administration launching offshore wind offensive

Xcel Energy, INL to use nuclear energy for clean hydrogen production; HTSE

IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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

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

Opinion: Reinventing fuel-based power for a more secure and resilient grid

AW-Energy entering green hydrogen market with wave energy device

Energy from renewables will soon be cheaper than from coal—in many world regions

Carbon Clean and Liquid Wind partner on eMethanol production for marine fuel

BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

RWE and ArcelorMittal intend to build and operate offshore wind farms and hydrogen facilities for low-emissions steelmaking

The California grid ran on 100% renewables with no blackouts or cost rises for a record 98 days

MITEI study finds hydrogen-generated electricity is a cost-competitive candidate for backing up wind and solar

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

New Road Map to a US Hydrogen Economy

Cemvita demonstrates “gold hydrogen” production in situ, sets up subsidiary

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