Remove Climate Change Remove Grid Remove Stimulus Remove Technology
article thumbnail

IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

Green Car Congress

The Paris Agreement reflected an unprecedented international determination to act on climate. The analysis conducted by IRENA maps out an energy transition that stresses the potential of energy efficiency and renewable energy sources to achieving the climate goal, while also taking into consideration all other low-carbon technologies.

Renewable 199
article thumbnail

Research Suggests Renewables Could Generate 40% of Global Power by 2050

Green Car Congress

Renewable energy technologies could generate 40% of the world’s electricity by 2050, according to research presented at the International Scientific Congress “Climate Change: Global Risks, Challenges & Decisions”. More specifically, Germany has more than doubled its share of renewable energy since 2000.

article thumbnail

Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

Green Car Congress

Fifty years later, the USA is faced with a similar challenge, energy independency and climatic change. The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated. Source: EIA.

Renewable 220
article thumbnail

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

Green Car Congress

He identified three major themes in 2009 for renewable energy: “ Energy markets are undergoing their most fundamental changes since the 1930s; cap and trade is the most complex issue outside of health care; and schisms exist within the energy community that will grow stronger over time. Energy Markets in a State of Change.

Financing 150
article thumbnail

Next 10 report finds California must increase GHG reductions to 4.9%/year through 2030 to meet target

Green Car Congress

Private sector investment can also drive green stimulus. Despite decreased investment in transportation and wind power, California still captured 51% of the US’ total $6 billion in clean tech venture capital investment in 2019, as large gains were made at companies that focus on geothermal, smart grid, and hydroelectric technologies.

article thumbnail

Smart Meters and Electric Cars

Revenge of the Electric Car

The grid today could handle many millions of EVs charging late at night when rates are lowest. The garage studies the integration of the electric vehicle into the power grid system where it either charges or discharges to accommodate the owner’s electricity needs. To be honest, we’ll be very lucky to see that many.

article thumbnail

Coming Soon – The Electric City

Revenge of the Electric Car

And at the headquarters of Pacific Gas and Electric, utility executives are preparing “heat maps” of neighborhoods that they fear may overload the power grid in their exuberance for electric cars.&#. and San Diego, a combination of green consciousness and enthusiasm for new technology seems to be stirring public interest in the cars.