Remove Coal Remove Cost Remove Grid Remove Stimulus
article thumbnail

PwC industry survey provides check-up on determining factors for EV success

Green Car Congress

Among the findings of the survey: Approximately one-third (33.8%) of respondents felt the lack of investment to modernize the grid is a primary roadblock preventing the widespread support of EVs. 19% of those surveyed indicated the government should bear the primary burden of developing and funding an EV infrastructure or smart grid.

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

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. Power plant capital costs. The market would focus, consolidate and find some very innovative ways to produce low-cost clean energy.

Renewable 220
article thumbnail

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

Green Car Congress

Today around the world, new renewable power plants are being built that will generate electricity for less cost than fossil-fuel power plants. We are in a good position to transform the global energy system but success will depend on urgent action, as delays will raise the costs of decarbonization. Coal use would decline most rapidly.

Renewable 199
article thumbnail

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

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Costs are also falling due to classic economics. Earlier post.).

Financing 150
article thumbnail

Greenius Goes All AB 811 Over Green Task Force

Creative Greenius

And so it was that I found myself in the Hermosa Beach City Council Chambers addressing the Green Task Force audience you cannot see in this photo as I presented my Finding The Green To Green The Grid House By House PowerPoint. SBESC's Marilyn Lyon talks about Federal Stimulus Funding / photo (c) Debra Bushweit Galliani.

Green 170
article thumbnail

NYC Goes EV

Revenge of the Electric Car

From the article: ‘The New York study anticipates that by 2015, electric vehicle prices should decline because of reduced battery costs, that there will be a sufficient supply of electric vehicles to purchase, and that consumers will take advantage of the existing federal tax credit of $7,500 for new electric cars. On the Grid.

article thumbnail

Profile: Farmers Ethanol: Focusing on Sustainable Corn Ethanol Production and a Triple Bottom Line

Green Car Congress

Second, a Congressional Budget Office study issued in April said even with subsidies ethanol is only profitable when a gallon of gasoline costs 70% or more than a bushel of corn, i.e, It is believed Valero purchased the plants at 30% of their original construction cost. (In gasoline would need to be greater than $2.80/gallon