article thumbnail

Why nighttime EV charging is incentivized while daytime is cleaner

Green Car Reports

When it comes to overall carbon emissions, EVs are cleaner than internal-combustion cars, but how much cleaner can depend on when they're charged, according to a recent Bloomberg New Energy Finance blog post. A grid more reliant on renewable energy will shrink the carbon footprint of EVs charging from it.

Cleaner 153
article thumbnail

CoBank report finds that troubled US grid may need to use EVs for grid balancing

Green Car Congress

Since its inception, the US electric grid has mostly operated smoothly as one synchronous machine with a one-directional flow of electricity to meet the nation’s predictable power needs. The US electric grid is experiencing something of a mid-life crisis. CoBank is a cooperative bank serving vital industries across rural America.

Grid 170
article thumbnail

Northvolt & Mälarenergi partner to deploy battery energy storage for EV charging

Green Car Congress

Northvolt and Mälarenergi are partnering to establish a battery energy storage system at an electric vehicle charging station in Västerås, Sweden. The battery system will be commissioned in summer 2020 at the Rocklunda charging station and will be Mälarenergi’s first to be co-located alongside EV charging infrastructure.

article thumbnail

Volkswagen commissions fast-charging park with 570 kWh of second-life MEB cell modules

Green Car Congress

At the Zwickau vehicle plant, Volkswagen commissioned the first fast-charging park in Saxony supplied with energy largely from a power storage container (PSC). The advantage is that fast-charging infrastructure can be built nearly anywhere, even if in places with a low-capacity grid connection.

Charging 334
article thumbnail

Mercom: battery, smart grid, energy efficiency companies raised $2.3B in VC funding in 2019; 18% lower than 2018

Green Car Congress

Mercom Capital Group, llc, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity for the Battery Storage, Smart Grid, and Energy Efficiency sectors for 2019. Total corporate funding, including debt and public market financing, increased to $2.8 Smart Grid.

2019 195
article thumbnail

Mercom Capital Group: Battery storage, smart grid & efficiency companies raise $3.2B in funding in Q3 2020; up 165% QoQ, 777% YoY

Green Car Congress

Mercom Capital Group, LLC, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the global Battery Storage, Smart Grid, and Energy Efficiency sectors for the third quarter (Q3) and first nine months (9M) of 2020. Smart Grid. billion compared to $1.2

2020 221
article thumbnail

Mercom: Corporate funding for energy storage companies hit $26.4B in 2022; up 55% y-o-y

Green Car Congress

Mercom Capital Group, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity in 2022 for the energy storage, smart grid, and energy efficiency sectors. Corporate funding for energy storage, smart grid, and energy efficiency companies. Smart Grid.