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US DOE Issues Request for Information on Hydrogen and Fuel Cell Market Development; Reports to Congress on Program

Green Car Congress

In the report, DOE says that it has made significant progress in: Reducing the projected cost of hydrogen production from distributed natural gas (assuming widespread deployment) from $5 to $3 per gallon gasoline equivalent (gge). The 2015 cost target was $2-$3/gge. System cost remains an issue.

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CalCars and PHEVs Frequently Asked Questions

Tony Karrer Delicious EVdriven

Despite this, a 2003 EPRI study , assuming only $2/gallon gas , zero buying incentives, and a PHEV premium of $3-$5,000 more than standard hybrids, shows that the total lifetime cost of ownership for a PHEV will be lower than that of any other vehicle type -- so the payback will be there.

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

It is simply the cost of doing business. "On some products, the costs, particularly in advanced technologies, are high," he said in a lengthy interview with Automotive News (free subscription required). Denmark did that with Wind Power and now most of their energy comes from wind rather than oil, natural gas, or coal.

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