Remove 2015 Remove Cost Of Remove Environment Remove Financing
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Stena Line introducing battery-electric operation to ferry; three stages up to 50 all-electric nautical miles

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The first phase of the project is supported and financed by half by the Swedish Transport Administration and the EU. Sustainability is very high on our agenda and we are constantly evaluating new ways to reduce our impact on the environment.

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President’s 2016 Budget requests $29.9B for DOE; 9% boost over FY 2015 enacted; $793M (2.7%) for sustainable transportation

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billion) above the FY 2015 enacted level. billion above the FY 2015 Enacted level, sustains DOE’s role as the largest federal sponsor of basic research in the physical sciences and develops and operates advanced scientific user facilities at the National Laboratories to maintain the nation’s primacy in science and innovation.

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Rosneft and ExxonMobil progress in strategic cooperation agreement; JVs in Black and Kara Seas, Rosneft into US and Canada

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The initial cost of preliminary exploration is estimated at more than US$3.2 Drilling of the first exploration well is planned for 2014-2015. The agreements form joint ventures to manage an exploration program in the Kara Sea and Black Sea. They also set the terms for investments to be made by the partners in Russian offshore projects.

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Volkswagen Group to invest €84.2B (US$114B) in automotive division over next 5 years; China JVs to invest separate €18.2B (US$24.7B)

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We will continue to invest strongly in our innovation and technology leadership, despite the uncertain economic environment. billion) less than in the planning approved in 2012 for the period from 2013 to 2015. Alongside investments in property, plant and equipment, the plans also include capitalized development costs of €19.5

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Ford Smart Mobility shifts from research to implementation; company announces new programs, next areas of focus

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In the opening keynote at Ford’s annual trends conference, 2015 Further With Ford, CEO Mark Fields announced the next phase of the company’s Smart Mobility plan, originally announced in January this year at CES ( earlier post ). Ford CEO Mark Fields at 2015 Further with Ford. Click to enlarge.

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German OEMs to upgrade emissions control on 5.3M Euro 5 and 6 diesels, contribute to €500M Sustainable Mobility fund

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The automakers will bear the entire cost of the retrofitting, estimated by the German Association of the Automotive Industry (VDA) to be at least €500 million. German auto manufacturers will optimize the emissions systems in 5.3 The aim is a 30% reduction in NO x emissions from these vehicles by the end of 2018.

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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

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2010 and 2015 LCOE ranges for solar and wind technologies. The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. The report calculates the cost of producing electricity from different types of new power plants. Source: IEA/NEA. Click to enlarge. Source: IEA/NEA.

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