Hydrogen Demand Is Set to Boom, but Growth Faces Big Hurdles
Slow permitting and higher costs could hamper green fuel’s potential to decarbonize hard-to-abate heavy industries
Source: wsj.com
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Offshore Wind Industry Hits Rough Waters Amid Rising Costs
The offshore wind industry is in crisis. Already this year, projects across Europe and the United States have been delayed or shelved thanks to a ...
Source: businessinsider.com
Unlocking clean hydrogen in the US Gulf Coast
A robust strategy could see the US Gulf Coast become the world’s leading clean-hydrogen hub by 2030. What can be done to jump-start it?
Source: mckinsey.com
US battery storage industry 'at crisis point' over supply chain crunch
The US battery storage market is struggling to adapt to rising raw materials costs and has reached a “crisis point”.
Source: energy-storage.news
McKinsey: Continuous fall in battery prices is enabling the rapid rise of renewable energy
Published: 20 Jan 2021, 04:56 By: Andy Colthorpe McKinsey also said that the COVID-19 pandemic's impact on long-term power growth demand will be limited. Image: Solarcentury. Renewable energy uptake and the falling costs of battery energy storage are “inexorably linked” as the global economy faces a crucial decade ahead in its urgent need to decarbonise, according to work by McKinsey & Company. Bram Smeets, an associate partner at the prominent management consultancy group told Energy-Storage.news that continuously falling battery prices will enable the rapid growth of rene...
Source: energy-storage.news