article thumbnail

T&E: Denmark, Luxembourg, Netherlands lead deployments of zero-emission buses in Europe

Green Car Congress

Denmark leads the way when it comes to putting zero-emission urban buses on the streets in Europe, with 78% of new vehicles being electric, according to the latest data from green NGO Transport & Environment. However, Germany is now financing 80% of the higher purchase cost of e-buses.

article thumbnail

BNEF: cost of new renewables rises as inflation starts to bite

Green Car Congress

The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019.

Cost Of 210
article thumbnail

Abellio, Alstom, NASA and Rolls-Royce to implement new hybrid drive solution on Coradia Lint diesel trains

Green Car Congress

The four partners plan to sign a contract covering the retrofit of at least three vehicles once the studies have been successfully concluded and financing is secured. The total operating costs of rail vehicles with MTU hybrid drives are also significantly lower.

Diesel 236
article thumbnail

More details about California’s proposal requiring bidirectional charging capabilities for all EVs

Charged EVs

In recent testimony, Nuvve CEO Gregory Poilasne told the lawmakers that bidirectional charging can reduce the total cost of EV ownership, and that it’s essential for integrating more renewable energy into the grid. In a pilot project in Denmark that has been running for over 7 years, we’re generating about $220 per month from grid services.

Charging 133
article thumbnail

Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

Green Car Congress

However, the financial cost of the shift is causing concern. Assess, in co-ordination with all relevant stakeholders, the extent to which the present market arrangements enable the financing of economically viable investments in new flexible gas-fired generation and cost-effective electricity storage.

Germany 239
article thumbnail

Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

Green Car Congress

The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. The report calculates the cost of producing electricity from different types of new power plants. The report calculates the cost of producing electricity from different types of new power plants. Source: IEA/NEA.

Cost Of 150
article thumbnail

Polestar’s Q3 revenue and gross profit skyrocket, operating loss trims by 33%

Teslarati

Polestar is currently recognizing its active markets as Australia, Austria, Belgium, Canada, China, Denmark, Finland, Germany, Hong Kong, Iceland, Ireland, South Korea, Kuwait, Israel, Italy, Luxembourg, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the UAE, U.K., and the USA. The company’s $1.48

Kuwait 98