article thumbnail

EIA: US ammonia prices rise in response to higher international natural gas prices; up by a factor of 6 in two years

Green Car Congress

Ammonia prices generally follow natural gas prices because ammonia is produced primarily from natural gas. Generally, prices of commodity chemicals (ammonia) closely correlate with prices of feedstock (natural gas). In the United States, nitrogen-based fertilizer is used for nearly all corn acreage to increase yields.

Price 259
article thumbnail

High cost of coal and natural gas could make EVs, US grid cleaner this summer

Green Car Reports

Anticipated price hikes for coal and natural gas could lead to increase use of renewable energy in electricity generation, making both the grid and EVs cleaner, according to new United States Energy Information Administration (EIA) analysis.

Cleaner 135
article thumbnail

Analysis finds annual running cost of EVs less than ICE; but with purchase price factored in, it flips

Green Car Congress

Self Financial, a fintech company, has compared the running costs of electric and non-electric vehicles in each state. Across the US the average annual cost of running an electric vehicle is $2,721.96, while gasoline vehicles cost an average of $3,355.90 per year to run—a difference of $633.94

Purchase 321
article thumbnail

NYU team develops novel ion-conducting copolymer to increase power and reduce cost of fuel cells

Green Car Congress

Researchers at the NYU Tandon School of Engineering, led by Miguel Modestino, professor of chemical and biomolecular engineering, and Lawrence Berkeley National Laboratory have developed a novel ion-conducting polymer (ionomer) that increases the power and lowers the cost of fuel cells. —Miguel Modestino.

Cost Of 427
article thumbnail

EPA proposes new rulemaking for sharp cuts in methane emissions from oil and gas industry

Green Car Congress

The US Environmental Protection Agency (EPA) is proposing comprehensive new regulations to reduce methane emissions from the oil and natural gas industry—including, for the first time, reductions from existing sources nationwide. Methane is a potent greenhouse gas that traps about 30 times as much heat as carbon dioxide over 100 years.

EPA 243
article thumbnail

EIA expects significant increases in US wholesale electricity prices this summer

Green Car Congress

The STEO forecasts electricity generation and wholesale prices for 11 market regions in the continental United States. Various factors determine wholesale electricity prices, but the cost of fuel for fossil-fuel generators is an important driver. The natural gas price at the Henry Hub averaged $8.14 MMBtu in May 2021.

Price 476
article thumbnail

Filling vs. charging: Gas vehicles cost up to six times more than EVs

Green Car Reports

In the United States, electric cars are cheaper to drive per mile the their gasoline counterparts, according to recent analysis from the Zero Emission Transportation Association (ZETA). The advocacy group compared operating costs of EV and gasoline cars, including the average costs of charging and filling up with gasoline.

Charging 213