Remove 2020 Remove Grid Remove Stimulus
article thumbnail

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

Green Car Congress

In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. This is a downward revision from the $35B the firm forecast for ESG spending through 2020 in a report published last August. Earlier post.).

article thumbnail

Next 10 report finds California must increase GHG reductions to 4.9%/year through 2030 to meet target

Green Car Congress

each year from 2020 to 2030 to cut emissions to 40% below 1990 levels by 2030, as mandated by SB 32. While 2020 may see a similar emissions drop, the state has never cut emissions more than 2.6% Private sector investment can also drive green stimulus. million metric tons of carbon dioxide-equivalent (MMTCO 2 e) to 425.3

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

PwC industry survey provides check-up on determining factors for EV success

Green Car Congress

Among the findings of the survey: Approximately one-third (33.8%) of respondents felt the lack of investment to modernize the grid is a primary roadblock preventing the widespread support of EVs. 19% of those surveyed indicated the government should bear the primary burden of developing and funding an EV infrastructure or smart grid.

Industry 199
article thumbnail

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

Green Car Congress

In France, renewable energy consumption will be 20 percent by 2020. In Germany, renewable electricity generation will be 35 percent by 2020, and 50 percent by 2050. Without the CAFE standard and stimulus monies to promote green vehicle tech, the industry would not be headed toward a greener horizon. Source: EIA. Source: EIA.

Renewable 220
article thumbnail

Major study concludes achieving EU 2050 transport decarbonization goals will require portfolio of advanced powertrains; fuel cells, battery-electric and plug-in hybrids

Green Car Congress

The study focused on a portfolio of powertrains: BEVs, FCEVs, PHEVs and ICEs, taking into account significant advances in ICE technology between now and 2020. ICEs have the potential to reduce their CO 2 footprint significantly through an average 30% improvement in energy efficiency by 2020 and the additional blending of biofuels.

Plug-in 244
article thumbnail

Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Electric cars and a smart electric grid have a bright future, according to panelists at a roundtable discussion on the subject that I attended last Friday in Boston. “I Vehicle-to-grid is, I believe, the salvation of the automotive industry in the United States,” declared Marc Spitzer, an agency commissioner who was also on the panel.

Grid 47
article thumbnail

Coming Soon – The Electric City

Revenge of the Electric Car

And at the headquarters of Pacific Gas and Electric, utility executives are preparing “heat maps” of neighborhoods that they fear may overload the power grid in their exuberance for electric cars.&#. He predicted that 10 percent of the cars sold would be electric vehicles by 2020. And local electrical grids may need reinforcement.