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Large differences among the recent increases in the cost of powering gasoline, diesel, and electric vehicles

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This post examines the recent changes in the costs of powering gasoline, diesel, and electric vehicles. The expectation was that the cost of electricity had recently increased much less than the costs of gasoline and diesel. by Michael Sivak, Sivak Applied Research.

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DOE awards Core Power and MIT Energy Initiative funding for floating nuclear power research project

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The US Department of Energy’s Nuclear Energy University Program ( NEUP ) has awarded research funds to the MIT Energy Initiative, CORE POWER, and the Idaho National Laboratory for a three-year study into the development of offshore floating nuclear power generation in the US. Funding would come from the $1.2-trillion

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Aramco to explore hydrogen-powered vehicle business with Gaussin

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The Saudi Arabian Oil Company (Aramco) signed five agreements with leading French companies, including an agreement to explore a hydrogen-powered vehicle business with Gaussin , a pioneer in clean and intelligent transport solutions. Gaussin hydrogen-powered Dakar racer. Additional MoUs.

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

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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.

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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

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Due to a steady increase in availability of new models, expanded price mix within existing models and widening eligibility of federal and state incentives, acquisition cost is starting to fade as a hurdle to EV adoption, according to J.D. Power EV Index score for availability climbed sharply to 39.4 (on Power EV Index.

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Renault Group, STMicroelectronics enter strategic cooperation on power electronics

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Renault Group and STMicroelectronics announced a strategic cooperation on the design, development, manufacturing, and supply to Renault Group of STMicroelectronics’ products and related packaging solutions for the power electronics systems of battery-operated and hybrid vehicles. —Luca de Meo, Chief Executive Officer, Renault Group.

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Bombardier (now Alstom) to convert AGC hybrid trains to full battery power

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To help France meet its sustainability targets, Bombardier will now convert AGC hybrid trains to full battery power. The effort is part of France’s strategy to eventually phase diesel power out of its national rail fleet. It also reduces the cost of energy consumption, due to lower electricity costs compared to diesel-fueled trains.