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Profiteering Hampers U.S. Grid Expansion

Cars That Think

The deficit is driving up electricity prices, reducing grid reliability, and hobbling renewable energy deployment. About 40 corporations, valued at a trillion dollars, own the vast majority of transmission lines in the United States. grids demands public scrutiny and accountability. Their grip over the backbone of U.S.

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Honda secures auto industry’s largest renewable energy purchase; 60% reduction in CO2 from N.A. manufacturing operations

Green Car Congress

Seeking to slash CO 2 emissions from its North American manufacturing operations, Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that will cover more than 60% of the electricity that Honda uses in North America. will deliver to the grid by the end of 2020.

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China’s State Grid and BYD launch 36 MWh battery system for grid energy storage

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BYD and the State Grid Corporation of China (SGCC) have finished construction on what may be the world’s largest battery energy storage station. The State Grid system is demonstrating a stable solution for transferring vast amounts of renewable electricity safely to the grid on an unprecedented scale. billion RMB).

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Wanxiang and NEC to form joint venture for grid energy storage in China

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China Wanxiang Holding announced the planned formation of a joint venture between its wholly-owned subsidiary, Puxing Energy, and NEC Corporation to pursue grid energy storage opportunities in the Chinese market. was founded in 2002, in Shanghai, China, and is dedicated to clean energy development in China.

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DOE Awarding $620M for Smart Grid Demonstration and Energy Storage Projects

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The US Department of Energy is awarding $620 million for projects around the country to demonstrate advanced Smart Grid technologies and integrated systems. Smart grid regional demonstrations involving plug-in vehicles include (ranked by DOE funding): Columbus Southern Power Company (doing business as AEP Ohio).

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UL issues world’s first certification for repurposed EV batteries to Nissan/Sumitomo JV

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UL announced that 4R Energy Corporation, a joint venture of Nissan Motors and Sumitomo Corporation focusing on the effective reuse of EV batteries for energy storage systems, is the first organization worldwide to be certified to UL 1974 , the Standard for Evaluation for Repurposing Batteries.

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Good Energies, Google and Marubeni Investing in Offshore Wind Backbone

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Energy investor Good Energies, Google and Marubeni Corporation are investing in the Atlantic Wind Connection (AWC) backbone transmission project. The 350-mile (563-km) long transmission backbone will provide approximately 6,000 MW of offshore wind capacity, enough power to serve 1.9 million households, when fully complete.

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