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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

Green Car Congress

However, while the new tax credit policy supports more growth based on BNEF’s long-term forecast, supply chain constraints cloud deployment expectations until 2024. Meanwhile, projects face long lead times to finance, develop and commission.

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ICCT suggests minor changes to Fed tax policy to cut higher investment risk of 2nd-gen biofuels and advance the industry

Green Car Congress

Previous studies have attempted to explain the slow commercialization of cellulosic and algal biofuels qualitatively, however few have presented financial analysis across the sector, the authors observe. While a Federal tax credit for the production of second-generation biofuels exists, its use has remained limited.

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OECD paper presents and analyzes policies and programs to foster market growth of green cars

Green Car Congress

The paper, “Market Development for Green Cars”, presents and analyses policies, programs and approaches for the development, market introduction and diffusion of green cars (primarily from the demand (pull) side). Tax credits and subsidies may end up being highly regressive, and only reward those who need them the least.

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

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Although not part of the conferences formal structure, the themes were addressed in the presentations and panel discussions.

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Stellantis, LGES enforcing ‘contingency plans’ for EV battery plant in Ontario

Baua Electric

Previous, Finance Minister Chrystia Freeland stated Canada was once having “good discussions” with Stellantis, then a newspaper reported that automaker was once on the lookout for higher govt subsidies than at the start presented through Ottawa. The government has dedicated to serve as much as $13.2 Thomas, Ontario.

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France rolls out the pink carpet for EV battery factories

Baua Electric

2 billion euros and assemble 3,000 jobs over future, France presented incentives usefulness greater than 1 billion euros ($1.1 ACC plans to form two indistinguishable crops in Germany and Italy, with the support of 437 million euros and 370 million euros in family finances respectively, consistent with the German and Italian governments.

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EPRI assesses status of 8 key power generation technologies for US; estimates of capital cost and levelized cost of electricity

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The report presents an overview of each technology, including current and projected performance and costs (capital and levelized cost of electricity); major technical issues and future development direction and trends; fuel resource considerations; business issues; and environmental concerns and considerations.

EPRI 239