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FCA US reaches settlements on diesel emissions at estimated cost of $800M

Green Car Congress

The estimated total cost of settlements is $0.8 billion, in line with financial charge taken for this purpose in third-quarter, 2018. FCA US will conduct an emissions recall to update emission control software in an estimated 100,000 model-year 2014-2016 Ram 1500 pickups and Jeep Grand Cherokee SUVs equipped with 3.0-liter

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ADB: Projected cost of Uzbek Oltin Yo’l GTL plant increases by 37% to $5.6B

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The projected cost of the Olin Yo’l GTL project in Uzbekistan ( earlier post ) will hit $5.6 As originally outlined by founding project partners Sasol, Petronas and Uzbekneftegaz, the project was estimated to cost some $4.1 Syngas is then subjected to a Fischer-Tropsch conversion to produce waxy syncrude. Click to enlarge.

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DOE releases five-year strategic plan, 2014-2018; supporting “all of the above” energy strategy

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The US Department of Energy (DOE) released its five-year 2014-2018 Strategic Plan. Launch geothermal “Play Fairway” analysis effort in FY 2014 and demonstrate the ability to develop a 5-megawatt greenfield Enhanced Geothermal Systems (EGS) reservoir by 2020. watt utility, $2.37/watt watt commercial, and $3.10/watt

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Gas prices primed to rise in 2018, highest in four years: report

Green Car Reports

The fuel price-tracking website predicts the cost of a gallon of fuel will rise by $0.19 per gallon in 2018, on average, to the highest level gas prices have been since 2014. As Americans collectively sigh at their credit-card bills from the holiday season, GasBuddy has some bad news that won't help ease the financial pain.

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

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The hydrogen hub program is an $8-billion program to bring together stakeholders to help drive down the cost of advanced hydrogen production, transport, storage, and utilization across multiple sectors in the economy. Jacopo Buongiorno et al.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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During 2014, the global plug-in electric vehicle (PEV) industry is poised to grow by 86% and will surpass more than 346,000 new vehicles sold, according to a new white paper—“ Electric Vehicles: 10 Predictions for 2014 ”—published by Navigant Research. Automakers will push for changes in the California ZEV mandates.

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IHS: 9% of solar PV systems in North America will have attached storage in 2018

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IHS forecasts that 9% of solar photovoltaic (PV) systems in North America will include attached storage in 2018. Led by commercial systems, IHS expects 700 megawatts (MW) of PV systems with energy storage will be installed by 2018, compared to just 30 MW in 2014.