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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

Green Car Congress

The amount is just a fraction of the estimated $35 trillion needed to be spent on the energy transition by 2030, according to the International Renewable Energy Agency. This includes spending on renewables such as wind and solar as well as grid and other infrastructure. Manufacturing the additional 2.7 trillion in 2022, IRENA said.

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How Automotive Dealerships Can Save Money with Battery Energy Storage

Blink Charging

If your energy comes primarily from renewables, the BESS enables you to store that energy for times when renewables may not be available, like at night for when solar panels are inactive. As per the National Renewable Energy Laboratory , the installation cost of a BESS at a commercial site is around $2,687.12

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Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

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Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. That finding takes into account both the higher purchase price of an electric vehicle and the lower fuel costs over the vehicle’s life. Source: CBO. Click to enlarge.

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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). by Bill Cooke. Billion vs. $28.3 Billion in 2008). Earlier post.).

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Workplace EV Charging: Business Benefits and Considerations for Success

Driivz

Free or low-cost workplace EV charging is itself an attractive benefit for existing and prospective employees. Companies can recoup some of the cost of offering employees free or low-cost workplace charging by allowing visitors to use the charging stations for a fee. Increasing employee satisfaction and loyalty.

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Maverick expands synfuels plant line-up with bio- and landfill-gas-to-methanol offerings

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When paired with anaerobic digesters that produce renewable biogas from organic waste, the Maverick Oasis BG product line is the first small-scale, economically viable solution that simultaneously reduces greenhouse gas emissions while helping to solve environmental problems associated with dairy and swine waste as well as other organic waste.

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Four Major Trends in the eMobility Industry in 2021

Driivz

The “carrot” typically takes the form of incentives such as subsidies and tax credits. The German government offers grants up to €9,000 plus tax reductions for fully electric passenger vehicles, €40,000 for small to medium-sized electric trucks and up to €500,000 for heavy-duty trucks.