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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 140
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Honda secures auto industry’s largest renewable energy purchase; 60% reduction in CO2 from N.A. manufacturing operations

Green Car Congress

Seeking to slash CO 2 emissions from its North American manufacturing operations, Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that will cover more than 60% of the electricity that Honda uses in North America. will deliver to the grid by the end of 2020.

Purchase 299
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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
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GM expanding into new commercial applications for its HYDROTEC fuel cell systems

Green Car Congress

They could also back up or temporarily replace grid-sourced electricity for residential and small commercial enterprises at times of power disruption. —Charlie Freese, GM executive director of the global HYDROTEC business. Renewable Innovations plans to deploy 500 EMPOWER rapid chargers across the country by the end of 2025.

GM 448
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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. Oldenburg, a Managing Director specializing in renewables investing at Carlyle.

Energy 225
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What is Renewable energy integration, challenges, why it is needed

Baua Electric

what is renewable energy integration ? Renewable energy integration refers to the process of efficiently incorporating renewable energy sources into existing energy systems. Energy Storage: Renewable energy sources are often intermittent, meaning they don’t produce energy consistently.

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bp and thyssenkrupp Steel to advance the decarbonization of steel production; low-carbon hydrogen and renewable power

Green Car Congress

bp and thyssenkrupp Steel have signed a memorandum of understanding (MoU) focused on the development of long-term supply of low-carbon hydrogen and renewable power in steel production, helping accelerate the steel industry’s wider energy transition. This will increasingly require the use of electricity from renewable sources.

Hydrogen 170