Remove 2020 Remove Grid Remove Stimulus Remove Technology
article thumbnail

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

Green Car Congress

Installed revenue by ESG technology, worldwide. 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. Electric grids require balance in order to function properly. Technology costs. Click to enlarge.

article thumbnail

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

Green Car Congress

More than 200 participants from the automotive, utilities, energy, technology, government, finance, education and other sectors provided their feedback for the effort. This is already a reality as governments around the world have offered billions of dollars in the form of loans, grants, and rebates through various stimulus programs.

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

How NI plans to innovate in the EV test and measurement industry and unlock the power of data

Charged EVs

The Austin-based company has been launching new products and making strategic acquisitions to build complete solution-level capabilities for EV battery testing and validation, led by its automotive customers who don’t have time to build up the technology themselves. When did you decide to lean into the EV space?

article thumbnail

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

Green Car Congress

Dr. Don Paul is the Executive Director, University of Southern California Energy Institute and a former vice president and chief technology officer of Chevron. As another panelist pointed out, “ The New York Times is well-equipped to write the article about how Stimulus Funds have been wasted ”. Energy Markets in a State of Change.

Financing 150
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

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. Electrolyzer companies: ELT Elektrolyse Technik, Hydrogenics, Hydrogen Technologies, Proton Energy Systems. there was no consideration of breakthrough technologies.

Plug-in 244