article thumbnail

EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

Green Car Congress

That price increase paired with an increase in gasoline and diesel demand will likely increase the cost of regular gasoline and diesel fuel this summer. EIA expects that the share of electric power generated with natural gas in the United States will average 36% in 2021 and 35% in 2022, down from 39% in 2020. gal last summer.

2019 186
article thumbnail

DOE to Award Up to $300M in Stimulus Bill Funding for Projects to Expand Use of Alt-Fuel and Advanced Technology Vehicles

Green Car Congress

The FOA modifies a much smaller and earlier-issued FOA by incorporating a supplemental $300 million appropriated by the American Recovery and Reinvestment Act (ARRA) of 2009 (the stimulus bill) for the Energy Policy Act (EPACT) of 2005 Section 721 to fund a competitive grant pilot program to be administered through the Clean Cities Program.

Stimulus 150
article thumbnail

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

Green Car Congress

The focus must be on the decarbonization of the global energy system as it accounts for almost two-thirds of greenhouse gas emissions. Today around the world, new renewable power plants are being built that will generate electricity for less cost than fossil-fuel power plants. —IRENA Director-General Adnan Z.

Renewable 199
article thumbnail

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

Green Car Congress

In Germany, renewable electricity generation will be 35 percent by 2020, and 50 percent by 2050. Why then do we not have the same clarity of goal for the electricity generating industry here in the USA? Power plant capital costs. The same can be said for the electricity companies that generate power in the USA.

Renewable 220
article thumbnail

Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Billion vs. $28.3 Billion in 2008). Five months ago.

Financing 150
article thumbnail

CEC report sets out North American plan for change and investment to achieve sustainable freight transportation

Green Car Congress

The report, Destination Sustainability: Reducing Greenhouse Gas Emissions from Freight Transportation in North America , looks at the continental freight transportation network, a key component of the transportation sector, which is the second-largest source of greenhouse gas (GHG) emissions in North America, after electricity generation.

article thumbnail

NYC Goes EV

Revenge of the Electric Car

This Tesla is one of a number of electric cars coming on the market. Will Electric Cars Give New York a Charge? The number of electric cars bought, according to the study, “may be significantly less if these assumptions do not materialize.&# ‘ Here is the text of the entire article, in case the link goes bad: [link].