Remove Cheap Remove Financing Remove Grid Remove Power Grid
article thumbnail

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

Green Car Congress

The energy warehouse is used to cut the property’s power consumption peaks, and to store or sell surplus solar energy. It can also be used to buy and store electricity from the national grid when it is cheap and green, for later use. IRIS is a Light House project, financed by EU HORIZON 2020.

Store 273
article thumbnail

CalSEED awards $4.2M to early-stage clean energy innovations

Green Car Congress

To help California mitigate its ever-growing wildfires, this year CalSEED has included companies that are innovating in technologies that will build wildfire resiliency into the grid. This novel technology would deliver safe, reliable, resilient, and cost-effective electric power in the grid.

Clean 371
article thumbnail

Cash for Volts?

Revenge of the Electric Car

Updated to attribute projection on “smart-grid&# earnings to FERC Chairman.). Despite a high upfront cost, operating an electric vehicle is cheap, costing 2.5 cents per mile traveled, compared with 12 cents per mile for a gas-powered car, advocates say. UPDATE:Group Seeks US Tax Credits To Spur Electric Car Use.

Volt 100
article thumbnail

BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

Green Car Congress

The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials, according to a new study on a unified African supply chain by BloombergNEF (BNEF).

Africa 221