article thumbnail

Gas prices due to drop in 2024, as EVs plug into cleaner energy

Green Car Reports

Energy Information Administration (EIA) expects combined electricity generation from solar and wind to exceed coal for the first time in 2024. Solar alone is expected to increase 39% from 2023 thanks to continual increases in generating capacity. The cost of gasoline and the carbon footprint of EVs could both fall in the new year.

Cleaner 184
article thumbnail

Gas prices due to drop in 2024, as EVs plug into cleaner energy

Baua Electric

Energy Information Administration (EIA) expects combined electricity generation from solar and wind to exceed coal for the first time in 2024. Solar alone is expected to increase 39% from 2023 thanks to continual increases in generating capacity, according to the EIA. Offshore wind farm And as noticed by Ars Technica , the U.S.

Cleaner 52
article thumbnail

Ford partners with Haier, Trina Solar and Delta Electronics to launch MyEnergi Lifestyle in China

Green Car Congress

At Consumer Electronics Show Asia, Ford launched a strategic collaboration with Haier (home appliance), Trina Solar (solar power) and Delta Electronics (power management) to introduce MyEnergi Lifestyle ( earlier post ) to China, a holistic approach for lowering the energy costs and carbon footprint of Chinese families.

Solar 150
article thumbnail

SolarCity and Honda establish investment find to finance $65M in solar projects for Honda and Acura customers

Green Car Congress

are partnering to make solar power more affordable and available to Honda and Acura customers in the US, providing a cleaner source of electricity at a lower cost than utility-supplied power. SolarCity and American Honda Motor Co., < The offer is time-limited. A 20-year lease or power purchase agreement term applies.

Acura 218
article thumbnail

ICCT LCA study finds only battery and hydrogen fuel-cell EVs have potential to be very low-GHG passenger vehicle pathways

Green Car Congress

The ICCT team considered battery and hydrogen fuel-cell EVs, plug-in hybrid EVs, natural gas, biofuels, and e-fuels.The study used the lifetime average carbon intensity of fuel and electricity mixes, and accounted for changes in the carbon intensity over vehicle lifetime given present energy policies. Source: The ICCT.

Hydrogen 418
article thumbnail

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

Green Car Congress

It is, however, a challenge that is being made all the greater as we continue to decentralize power generation with more distributed, variable and inflexible sources, such as wind and solar. One example is diesel and natural gas generators, that are plugged into local transformers. by Toby Gill, CEO, Intelligent Power Generation.

Grid 332
article thumbnail

1 in 5 new car sales globally were EVs in 2023, and that’s curbed oil demand – IEA

Baua Electric

Photo: Tesla Without EVs, solar, wind, and nuclear, the global rise in emissions in the last five years would have been three times larger, new International Energy Agency (IEA) analysis shows. Renewables curbed emissions rise in 2023 The bad news is that energy-related emissions rose in 2023. billion tonnes.

Global 52