article thumbnail

FPL Group and Duke Energy Pledge 10-year, $600M+ Commitment to Transition Fleets to PHEVs and EVs

Green Car Congress

metric ton reduction in green house gases per vehicle conversion, this has the potential to reduce more than 125,000 metric tons of greenhouse gasses over this ten year period. This minimum number does not include a premium that is anticipated for electric vehicles, so actual revenue opportunity would be more. Also, based on a 2.45

Fleet 231
article thumbnail

ARPA-E Selects 37 Projects for $106M in Funding in Second Round; Electrofuels, Better Batteries and Carbon Capture

Green Car Congress

Novel Biological Conversion of Hydrogen and Carbon Dioxide Directly into Biodiesel. Johnson Matthey will investigate the catalytic conversion of this microbial biodiesel into additional fuel molecules, most importantly jet fuel. Hydrogen-Dependent Conversion of Carbon Dioxide To Liquid Electrofuels By Extremely Thermophilic Archaea.

Carbon 249
article thumbnail

ARPA-E awards $35M to 16 REFUEL projects for energy-dense carbon-neutral liquid fuels; leveraging ammonia

Green Car Congress

Most of the selected REFUEL projects target the production of ammonia or its conversion to hydrogen or electricity, due ammonia’s attractiveness as a hydrogen and energy carrier. Renewable Electricity-Powered Carbon Dioxide Conversion to Ethanol for Storage and Transportation (Category 1) The Opus 12, Inc. hydrogen or electricity).

Carbon 150