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New report showcases innovative finance tools to electrify truck, bus fleets; TCE Toolkit

Green Car Congress

To date, traditional government grant programs have helped fleet owners replace diesel trucks with cleaner ones. The TCE framework builds upon and complements traditional Total Cost of Ownership (TCO) analyses.

Financing 221
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DOE to Award Up to $300M in Stimulus Bill Funding for Projects to Expand Use of Alt-Fuel and Advanced Technology Vehicles

Green Car Congress

The FOA modifies a much smaller and earlier-issued FOA by incorporating a supplemental $300 million appropriated by the American Recovery and Reinvestment Act (ARRA) of 2009 (the stimulus bill) for the Energy Policy Act (EPACT) of 2005 Section 721 to fund a competitive grant pilot program to be administered through the Clean Cities Program.

Stimulus 150
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PECO Expanding Fleet with NGVs & PHEVs

Green Car Congress

The utility is participating in a national consortium that recently was awarded a federal stimulus grant to purchase plug-in hybrid electric vehicles (PHEVs), and the company is buying more trucks to run on compressed natural gas (CNG) as well. The matching stimulus grant will provide up to $2.5 million for the vehicle conversions.

PHEV 186
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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

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This latter development is due as much to the fact that developed bus markets may experience a general slowdown, due to austerity measures and the end of stimulus funding, as to any changes in demand for electric drive. Current hybrid buses can cost around $200,000 more than a comparable diesel bus, depending on the bus specifications.

2018 276
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German Transport Ministry Includes Mercedes-Benz Citaro G BlueTec Series Hybrid City Bus in Its Electric Mobility Development Program

Green Car Congress

The German Ministry of Transport, Building and Urban Affairs (BMVBS) will provide funding for Daimler Buses to develop, evaluate, and test the first small fleet of Mercedes-Benz Citaro G BlueTec Hybrid articulated buses ( earlier post ). The Citaro G BlueTec Hybrid is a series diesel-hybrid city bus able to run solely on electric power.

Mercedes 199
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GE to Open Sodium-Metal Halide Battery Plant in New York

Green Car Congress

vibration resulting from heavy-duty diesel and steel wheel and rail. The announcement coincides with GE’s submission this week for federal stimulus dollars from the US Department of Energy. . ~1,000 kWh useable energy. high utilization. drive cycle requiring supplying and receiving high power for minutes to hours. 20-year useful life.

Sodium 191
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Headwaters and University of Utah Form JV for Carbon Storage

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Headwaters said that momentum for creating an entirely new industry surrounding carbon capture and storage has been building since passage of the stimulus bill. The University of Utah has CO 2 expertise and technology developed by a team led by Dr. Brian McPherson.

Utah 150