Remove Cheap Remove Coal Remove Cost Of Remove Miles
article thumbnail

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. The cost to operate an EV, per mile, is already well below the cost to drive a standard ICE-age model, and the advantage is likely to widen.

Solar 150
article thumbnail

Perspective: Despite Solyndra’s death, the future of solar energy is sunny

Green Car Congress

With subsidies long in place for nuclear, coal and gas in the US along with the cheap cost of production for coal and natural gas, solar is essentially competing with that $0.10/kWh kWh average cost of electricity in the United States and globally.

Solar 246
article thumbnail

Mad Power thoughts

EV Info

The cost of grid management has soared to nearly £2billion a year in the last two decades. And in any case, an inflexible approach to regulation has caused the cost of new nuclear to balloon – despite it being perhaps the most obvious solution to our long-term energy needs. Gas is the only answer.

Power 52
article thumbnail

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

Green Car Congress

billion vehicle miles traveled (VMT) in 2015, with a concomitant increase in gasoline consumption. While the%age increase in VMT was roughly in pace with population increase, as the cost of driving went down it appears some people abandoned public transportation for driving. billion in 2014, up 0.08% from the previous year.

article thumbnail

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. But vehicle-miles travelled usually tend to rebound as consumers become accustomed to the new level of price or as the economy recovers. The use of coal—which met almost half of the increase in global energy demand over the last decade—rises 65% by 2035.

Oil 247
article thumbnail

Greentech Media | ECOtality CEO: Fast Charging and Why Battery Swapping Is Doomed

Tony Karrer Delicious EVdriven

Safe, reliable and sturdy battery systems currently exist that provide well over 100 miles on a single charge and technology advances will soon provide comfortable ranges in excess of 250 miles between charges. Electricity costs are relatively inexpensive. New investments in battery technology and production are announced daily.

article thumbnail

Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

BYDs plug-in, called the F3DM (for "dual mode"), goes farther on a single charge - 62 miles - than other electric vehicles and sells for about $22,000, less than the plug-in Prius and much-hyped Chevy Volt are expected to cost when they hit the market in late 2010. "That was a good sign." tons of carbon dioxide.

BYD 62