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

Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

Key developments in the transportation sector that they note include: Positive for gasoline demand: Strong Chinese car growth in 2010, particularly in the first half of the year, with vehicle sales up 30% year-on-year (YoY) through the first eleven months of 2010. gallon gasoline. He also believes that sub-1.6L Click to enlarge.

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 contrast, the Renewable Portfolio Standards (RPS) program adopted by 29 states has varying goals from 10-40 percent renewable energy generation, deployed anywhere from 2013 to 2030. In Germany, renewable electricity generation will be 35 percent by 2020, and 50 percent by 2050. There is no one goal to rally around. Source: EIA.

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). Schisms or “Areas of Concern”.

Financing 150
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].

article thumbnail

Plug-in cars: Moving Forward

Plugs and Cars

I write a column for the Electric Auto Association newsletter, Current EVents. Nissan appears intent on opening up a market for mid-price range electric cars within two years. million, resulting in a net emissions and petroleum increase as grid electricity is replaced with non-renewable hydrogen hauled in diesel trucks.

Plug-in 100
article thumbnail

When Will EVs Hit Primetime?

Revenge of the Electric Car

old question for electric cars – When will electric cars make a real. Read more in the article: Can electric cars break out of niche status in US, China market? Electric-car ventures made up nearly 40. incentives, and concerns over the electrical grid are slowing the electric. percent of $1.9

China 133