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3 Oil Majors That Bet Big On Renewables

Green Car Congress

Further, according to Rystad Energy, Big Oil is expected to pump in $166B into new oil and gas ventures over the next five years, thus dwarfing the currently specified outlay of just $18B (less than 10% of capex) for solar and wind energy projects. Good case in point: Italian multinational oil and gas giant Eni S.p.A. 2 Total SA.

Oil 418
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Volkswagen introduces near-series design study of the MEB-based flexible quick charging station at Geneva

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Connected to the grid or even off-grid, the station can charge up to four electric cars simultaneously, based on the principle of a ‘power bank’, two with DC quick charging. The charging station can be used as interim storage for eco-power; however, when connected to the mains power grid, it becomes a permanent charging point.

Design 191
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H2FUTURE building world’s largest green hydrogen pilot plant; targeting the steel industry

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The European H2FUTURE project consortium, comprising voestalpine, Siemens, VERBUND, and Austrian Power Grid, together with the research partners K1-MET and ECN, officially gave the green light to the construction of a 6 MW “green” hydrogen pilot production plant—the world’s largest—at a voestalpine Linz steel plant.

Hydrogen 240
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PNNL study finds that PHEVs and BEVs could serve as feasible resource to offset grid imbalances caused by integration of large amounts of intermittent wind generation

Green Car Congress

trafficThis scenario is highly desirable to automotive manufacturers, who harbor great concerns about battery warranty if vehicle-to-grid discharging is allowed. trafficThis scenario is highly desirable to automotive manufacturers, who harbor great concerns about battery warranty if vehicle-to-grid discharging is allowed.

Wind 210
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Audi involved in EEBUS standard for intelligent connection of EVs and buildings

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Because of this, the new power consumers not only present an additional load on the power grid, but can potentially serve as flexible storage devices in the context of the variable availability of solar and wind power. An interface with the grid operator via HEMS is one possible application.

Connect 220
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Tesla Energy takes a stand against coal and gas generators in Australia

Teslarati

Tesla Energy firmly argued against using coal and gas generators to support a proposed low-cost, reliable, secure, and zero-emissions grid in Australia. . In March 2019, Australia’s energy ministers tasked the Energy Security Board (ESB) to advise on a national electricity market design, which birthed the Post 2025 Electricity Market Design.

Coal 145
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How to Prevent Blackouts by Packetizing the Power Grid

Cars That Think

That need for balance is true of electric power grids, too. Spiking demand for electric heat collided with supply problems created by frozen natural-gas equipment and below-average wind-power production. Packetized energy management (PEM) allows the power grid to flexibly handle a varying supply of renewable energy.