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NREL researchers evaluating blockchain for transactive energy applications

Green Car Congress

Researchers at the National Renewable Energy Laboratory (NREL) are evaluating the use of blockchain for transactive energy using hardware in the laboratory’s Energy Systems Integration Facility (ESIF). Distributing grid operational decision-making is revolutionary. Source: NREL.

Energy 545
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Profiteering Hampers U.S. Grid Expansion

Cars That Think

The deficit is driving up electricity prices, reducing grid reliability, and hobbling renewable energy deployment. About 40 corporations, valued at a trillion dollars, own the vast majority of transmission lines in the United States. grids demands public scrutiny and accountability. Their grip over the backbone of U.S.

Grid 142
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V2X company Fermata Energy raises $40M in recent round

Green Car Congress

Fermata Energy, a vehicle-to-everything (V2X) technology services provider, recently raised $40 million to accelerate the company’s growth with investment from new partners, including funds managed by global investment firm Carlyle and Verizon Ventures.

Energy 225
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Toyota Launches Large-capacity Sweep Energy Storage System from Reused Electrified Vehicle Batteries Connected to the Electrical Power Grid

Electric Cars Report

and Toyota Motor Corporation announced the construction and launch of the world’s first, according to Toyota, large-capacity Sweep Energy Storage System. The system was built using batteries reclaimed from electrified vehicles (HEV, PHEV, BEV, and FCEV) and is connected to the consumer electrical power grid.

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SHV Energy and UGI to launch joint venture to advance use of renewable DME; 300 kilotons rDME/year by 2027

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SHV Energy and UGI International, a subsidiary of UGI Corporation, leading distributors of off-grid energy, intend to launch a joint venture to advance the production and use of Renewable Dimethyl Ether (rDME), a low-carbon sustainable liquid gas, to accelerate renewable solutions for the LPG industry.

Renewable 305
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Fusion energy company TAE Technologies launches power management subsidiary TAE Power Solutions

Green Car Congress

TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions. TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage.

Fusion 250
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Cohort of new stakeholders joins Open Hydrogen Initiative

Green Car Congress

In February 2022, GTI Energy, S&P Global Commodity Insights and the National Energy Technology Laboratory (NETL) launched the Open Hydrogen Initiative (OHI), a collaboration to further transparency into the environmental impact of hydrogen production and help unlock its full potential as an important driver of energy transitions.

Hydrogen 482