August 6 NEC Energy News
¶ “EV Battery Pack Costs 90% Lower In 2023 Than In 2008” • The US DOE’s Vehicle Technologies Office estimates the cost of an EV lithium-ion battery pack for a light-duty vehicle declined 90% between 2008 and 2023, based on 2023 constant dollars. The estimated cost for 2023 is $139/kWh, compared to a cost of $1,415/kWh in 2008. [CleanTechnica]
¶ “All Eyes On S&P 500 Nuclear Power Giant’s Outlook After 800% Grid-Price Surge” • Observers await the outlook of nuclear power provider and S&P 500 component Constellation Energy after PJM Interconnection, the largest US electrical grid operator, at its annual power market auction last week announced prices jumped more than 800%. [MSN]
¶ “NREL Researchers Are Paving The Way For Carbon-Negative Concrete” • Cement production is notorious for its high energy use and carbon emissions. NREL researchers use a system based on polymers that does not emit carbon dioxide during synthesis and could use much less heat. And epoxy resins are known to be stronger than concrete. [CleanTechnica]
¶ “Tropical Storm Debby Live Updates: Historic 10-20 Inches Of Rainfall Expected” • Debby has weakened over land, but it is still a tropical storm, producing maximum sustained wind speeds of 45 mph. Debby is expected to be stuck over the Southeast for the better part of this week, bringing historic rain while it meanders over Georgia and the Carolinas. [ABC News]
¶ “India Has Pushed Hard For Solar. But As Its Billions Demand More Power, Coal Always Gets The Call” • For the third year in a row, the government of India ordered some coal plants to run at full capacity to meet high electricity demand of increasingly hot summer months. When demand is high, India still goes back to its most trusted power source: coal. [ABC News]
¶ “Synera Secures A Site For Its 800-MW Formosa 6” • Synera Renewable Energy has announced its Formosa 6 offshore wind project off Taiwan has been awarded 800 MW of development capacity. Formosa 6 will be situated approximately 35 km off the coast of Xianxi Township, Changhua County, spanning an area of around 84 square kilometres. [reNews]
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