LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

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The report indicates that “ the G7 will need to assist emerging market and developing countries in tackling their greater debt and finance constraints that have resulted from the pandemic, and embark on programmes of green recovery and transformation ”.

Volvo Buses in project researching use of second-life electric bus batteries to store solar energy

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Volvo Buses is participating in a research project in which used electric bus batteries are used as solar energy storage units. Batteries from electric bus route 55 in Gothenburg, Sweden are being used for solar energy storage in a second-life application. The reuse and recycling of batteries is a key issue as increasing numbers of cities plan transition to electrically powered transport. IRIS is a Light House project, financed by EU HORIZON 2020.

2018 230

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Liquid metal battery company Ambri raises $35M in Series C

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Ambri, developer of Liquid Metal Battery grid-scale energy storage technology, closed a $35-million Series C equity financing. The round was funded by new investors KLP Enterprises, the family office of Karen Pritzker and Michael Vlock, and Building Insurance Bern (GVB), the Swiss Insurance company, as well as existing investors, including Khosla Ventures, Bill Gates and the energy company Total.

2014 188

Liquid Metal Battery Corp secures patent rights from MIT

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Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications, has secured the rights to key patent technology from MIT. Earlier this year, the company announced it had received financing from France’s Total—which earlier had funded research on the technology at MIT ( earlier post )—and from a personal investment by Bill Gates.

2011 188

MIT researchers conclude fundamental changes in the US energy-innovation system are needed to meet challenges of climate change and energy supply

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The build-up of greenhouse bases in the atmosphere continues unabated, and its environmental and human costs are mounting. What is needed now is a different focus for the debate, one with the potential to build public support over time. Since coal and natural gas represent about 70% of all electricity generation nationally, finding cost-effective ways of replacing those fuels and mitigating their emissions will be critical, the book says.

SAE technical experts: fuel cell technology has advanced significantly, FC vehicle production has begun, further cost reductions & infrastructure development required

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For Honda on the vehicle side, that strategy encompasses ongoing development of more efficient hybrids, as well as battery-electric and fuel cell vehicles. Like Toyota, Hyundai, GM (Honda’s partner in future fuel cell development), and other OEMs, Honda sees a role for both battery-electric as well as hydrogen fuel cell vehicles, depending upon application. Questions were raised at the panel related to driving range and storage for electric and fuel cell vehicles.

2016 190

Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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The fact that German electricity prices are among the highest in Europe, despite relatively low wholesale prices, must serve as a warning signal ,” said IEA Executive Director Maria van der Hoeven as she presented the report, Energy Policies of IEA Countries – Germany 2013 Review. Electricity prices in comparison. High electricity rates are burdening private households and industry alike and threatening Germany’s competitiveness, the company noted.

2013 207

Slow start for charge of the electric cars - Times Online

Tony Karrer Delicious EVdriven

Home Business Industry Sectors Engineering MY PROFILE SHOP JOBS PROPERTY CLASSIFIEDS From The Sunday Times April 19, 2009 Slow start for charge of the electric cars Ray Hutton Electric cars need a boost. Grants of between £2,000 and £5,000 will be available toordinary motorists to encourage them to buy electric or otherultra-low-carbon cars. Electric cars remain dependent on the development of better,affordable batteries.

2009 29