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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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Energy storage technologies represent an alternative to traditional grid management using generation assets such as natural gas peakers to balance the grid by adding power to it. 2010 vs 2011 forecasts. The value of the ESG market is now measured by using the value of energy ($/kWh), not power ($/kW).

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California Startup Aurica Motors Trying to Keep NUMMI Plant Open for Manufacturing Electric Cars, Battery Swap System

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Under the proposed plan, the NUMMI plant in Fremont, California would be converted into the manufacturing facility for the Aurica Motors E-Car, an all-electric vehicle, as well as Aurica’s proposed PEP (Power Exchange Package) battery swap system. The PEP station concept is not compatible with the Better Place system.

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California Governor Schwarzenegger Announces 244 Proposed Renewable Energy Projects Throughout State; Up to 69,925 MW of Capacity

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These proposed projects throughout the state include solar, wind, geothermal, biomass and small hydro facilities and will help move California towards achieving the renewable energy goal of 33% by 2020. Currently California facilities produce just more than 8,000 MW of renewable energy annually.

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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

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On December 16, 2010 the US DOE Energy Information Agency (EIA) published a report projecting that renewable energy will still only constitute 12 percent of the USA’s energy sources by 2035. Power plant capital costs. The same can be said for the electricity companies that generate power in the USA. Source: EIA.

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First fleet of 100 Mercedes-Benz Vito E-Cell electric vans covers 650,000 km in customer use; more model variants planned

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Mercedes-Benz delivered the first vehicles for field testing to testing partners in Berlin at the beginning of September 2010, and in Stuttgart in January 2011. The two promotional initiatives are part of the German federal government’s second economic stimulus package. The power is transferred to the front wheels. 11 seconds.

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

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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). Earlier post.).

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Plug-in cars: Moving Forward

Plugs and Cars

GM may be in bankruptcy but remains unwavering in its commitment to have the Volt in some showrooms by November 2010. However, the power relationships have shifted somewhat. Mitsubishi has begun to manufacture the iMiev in the thousands for the Japanese market. In the past industry ultimately called the shots. Such as the $1.1

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