article thumbnail

DOE to Award Up to $300M in Stimulus Bill Funding for Projects to Expand Use of Alt-Fuel and Advanced Technology Vehicles

Green Car Congress

The FOA modifies a much smaller and earlier-issued FOA by incorporating a supplemental $300 million appropriated by the American Recovery and Reinvestment Act (ARRA) of 2009 (the stimulus bill) for the Energy Policy Act (EPACT) of 2005 Section 721 to fund a competitive grant pilot program to be administered through the Clean Cities Program.

Stimulus 150
article thumbnail

Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

Green Car Congress

This latter development is due as much to the fact that developed bus markets may experience a general slowdown, due to austerity measures and the end of stimulus funding, as to any changes in demand for electric drive. Europe is behind on hybrid bus deployments, although stimulus. would purchase 500 battery electric buses.

2018 276
article thumbnail

GE to Open Sodium-Metal Halide Battery Plant in New York

Green Car Congress

The first application will be GE’s hybrid locomotive, which will be commercialized in 2010. The announcement coincides with GE’s submission this week for federal stimulus dollars from the US Department of Energy. Earlier post.). Battery Requirements for Hybrid Locomotives. 1,000 kWh useable energy. high utilization.

Sodium 191
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. Even ruling Hawaii out as an outlier, the cost of electricity in Connecticut was 17.79 Source: EIA.

Renewable 220
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

Pike Research forecasts 37% CAGR for EV charging equipment, with 2.4 million units sold in 2020; wireless charging to show strong growth

Green Car Congress

charging equipment for residential and commercial customers will be available. As the PEV market grows, it will need to reach a broader base of consumers living in multi-family dwellings, leading to greater growth in the sales of commercial EVSE than in residential units, according to Pike. install a charger. The data also.

2020 277
article thumbnail

Major study concludes achieving EU 2050 transport decarbonization goals will require portfolio of advanced powertrains; fuel cells, battery-electric and plug-in hybrids

Green Car Congress

Combined with the increasing scarcity and cost of energy resources, it is therefore vital to develop a range of technologies that will ensure the long-term sustainability of mobility in Europe. After 2025, the total cost of ownership (TCO) of all the powertrains converges. there was no consideration of breakthrough technologies.

Plug-in 244