Remove Cheap Remove Coal Remove Cost Of Remove Gasoline
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CMU researchers find controlled charging of PHEVs can cut cost of integration into electricity system by 54-73%; higher benefits with wind power

Green Car Congress

In a new study published in the journal Applied Energy , Carnegie Mellon University (CMU) researchers found that controlled charging of plug-in hybrid electric vehicles (PHEVs) reduces the costs of integrating the vehicles into an electricity system by 54–73% depending on the scenario.

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CMU study finds controlled EV charging can reduce generation cost, but at greater health and environmental costs depending upon the generation mix

Green Car Congress

Results from the study also suggest that with sufficient coal plant retirement and sufficient wind power, controlled charging could result in positive net benefits instead of negative. A paper describing the work is published in the ACS journal Environmental Science & Technology. other parts of the US and the world could be different.

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Opinion: Why Buffett Bet A Billion On Solar: Miles Per Acre Per Year

Green Car Congress

During the late innings of the ICE-age (as in the Internal Combustion Engine age) it has become clear that feeding gasoline and diesel to the next billion new cars is not going to be easy, or cheap. By contrast, at 25 miles per $3 gallon of gasoline, those miles cost 12 cents each. by Henry Hewitt for Oilprice.com.

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Ninth annual Green Innovation Index finds California light-duty vehicle emissions spike; major challenge to 2030 climate goals

Green Car Congress

As gasoline prices fell starting in late 2014, motorists logged an additional 2.7 billion vehicle miles traveled (VMT) in 2015, with a concomitant increase in gasoline consumption. Cheap gas prices and a strong economy are creating increased goods movement and prompting Californians to drive more. below their 2006 levels.

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Naysayer Alert – the hydrogen red herring

My Electric Car

The hydrogen fuel cell in the FCEV acts to keep the battery charged, but can directly power the electric drive motor, similar to the function of a gasoline-powered range extender. Hence its supply would not be cheap, renewable nor sustainable in the long term. The reasons are numerous. .

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

Oil and the Transport Sector: Reconfirming the End of Cheap Oil. Increased use of alternatives to oil-based transport fuels (gasoline, diesel and LPG) also help to temper oil-demand growth, though to a much smaller degree than efficiency gains in vehicles with internal combustion engines. Click to enlarge. —WEO 2011.

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

Green Car Congress

In general, the sponsor’s goal is to use as much cheap debt financing and as little equity as possible to complete the deal. Neil Auerbach of Hudson Capital points out “ Every 100 bps increase in cost of debt = $2-$5 MWh cost of renewable energy. The sponsor wants to get returns from 10-20% for his or her investment.

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