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SoCal Edison opens 32 MWh battery energy storage project, largest in North America; batteries from LG Chem

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The project is strategically located in the Tehachapi Wind Resource Area that is projected to generate up to 4,500 MW of wind energy by 2016. The demonstration project is funded by SCE and federal stimulus money awarded by the Department of Energy as part of the American Recovery and Reinvestment Act of 2009.

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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

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mpg by 2016. The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated. Globally, more than 100 nations have established renewable energy targets. Power plant capital costs. Source: EIA. Click to enlarge.

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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

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IRENA’s macroeconomic analysis suggests that such investment creates a stimulus that, together with other pro-growth policies, will: boost global GDP by 0.8% trillion in energy sector investments would be required on average each year between 2016 and 2050, compared to US$1.8 Around US$3.5 trillion in 2015.

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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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Key applications for long-duration energy storage include counterbalancing the intermittency of renewable energy sources such as wind and solar power; leveling the loads and time-shifting periods of peak demand on the grid; and avoiding or delaying the construction of costly transmission and distribution (T&D) assets, among others.

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PwC’s Autofacts forecasts global light vehicle assembly to reach 81.8M units in 2013, up 3.3% from 2012

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Encouraging growth in Brazil during the first half of the year has dissipated, even as the Industrial Products Tax (IPI) holiday winds down in October. Stimulus measures such as lowered interest rates are offset by tighter credit restrictions in lending, restraining the full-year 2013 sales forecast to approximately 1.3% South America.

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Plug-in cars: Moving Forward

Plugs and Cars

The plan calls for 39 mpg for cars and 30 mpg for light trucks and SUVs by 2016; no automaker lawsuits; and California subscribes to the national program through 2016. As high officials of CalEPA and CARB got wind of Chu’s analysis of H2 and FCVs, they reportedly went to DC and lobbied furiously if unsuccessfully to pull him back.

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NYC Goes EV

Revenge of the Electric Car

billion in stimulus grants to the industry. Under its plan, a manufacturer would receive a credit for 0 grams of carbon dioxide emission only for the first 200,000 electric vehicles it produces by 2016. The city’s overall emissions that year totaled 53.3 million metric tons, according to a previous PlaNYC study. Or No Cars?