article thumbnail

EPIC: state-level renewable electricity mandates increase electricity prices up to 17% over 12 years; cost more expensive than benefit

Green Car Congress

A new study analyzing data from the 29 states and District of Columbia with mandatory RPS policies finds that the policies come at a high cost to consumers and are inefficient in reducing carbon emissions. The Obama Administration’s central estimate of the SCC would be approximately $50 per ton in today’s dollars.

Renewable 207
article thumbnail

New UMTRI paper reviews major advantages and disadvantages of battery-electric and fuel-cell vehicles

Green Car Congress

The team of Brandon Schoettle and Dr. Michael Sivak also incudes information for current gasoline-powered internal combustion engines as a baseline comparison. BEVs currently offer the most readily available alternative fuel source via the existing electric grid. mp and a fuel price of $2.35 per gallon, results in a cost of $0.10

San Diego 150
article thumbnail

Honda joins vehicle-to-grid technology demonstration project in partnership with University of Delaware and NRG Energy

Green Car Congress

Honda has joined a demonstration project for experimental vehicle-to-grid (V2G) technology aimed at providing a potentially valuable energy storage resource to the electrical grid while providing for more cost-effective ownership of plug-in electric vehicles. What grid markets are suitable or not suitable for battery life?

Delaware 304