article thumbnail

EPRI Analysis estimates costs of fully developing US smart grid could reach $476B; benefits up to $2T

Green Car Congress

Total Smart Grid costs. The Electric Power Research Institute (EPRI) has released a broad assessment of the costs and benefits to modernize the US electricity system and deploy the smart grid. The analysis updates EPRI’s 2004 EPRI assessment, which estimated the cost of implementing a smart grid at $165 billion.

EPRI 239
article thumbnail

UPS collaborating with Workhorse to deploy 50 electric trucks; rivaling acquisition cost of conventional; no subsidies

Green Car Congress

Electric vehicle technology is rapidly improving with battery, charging and smart grid advances that allow us to specify our delivery vehicles to eliminate emissions, noise and dependence on diesel and gasoline. —Carlton Rose, President, Global Fleet Maintenance and Engineering for UPS.

Cost Of 223
article thumbnail

DOE awards $22.1M to 10 nuclear technology projects including clean hydrogen production

Green Car Congress

A well-established downstream syngas-to-synfuel conversion process, such as Fischer-Tropsch synthesis, converts the syngas to liquid synfuel for a total projected cost of less than $4/gallon. The culmination of this program will be a techno-economic assessment (TEA), led by INL, which leverages their expertise and command of such analyses.

Hydrogen 475
article thumbnail

Canadian startup launches INDIEGOGO funding campaign for low-cost electric self-charging solar tricycle produced in Pakistan

Green Car Congress

The team projects that the high-efficiency vehicle will have a a minimum unit cost of only $1,400 to produce—the price of an average mountain bike—once the funding goal is reached. Charging time from the grid is 4.4 The VEGAN is a lightweight multipurpose hybrid electric-self-charging solar tricycle.

Pakistan 418
article thumbnail

DOE awarding $35M to 11 projects for hydrokinetic turbine development; ARPA-E SHARKS

Green Car Congress

Hydrokinetic energy is an abundant renewable resource that can boost grid resiliency and reduce infrastructure vulnerability, but it is currently a cost prohibitive option compared to other energy generating sources. These methodologies will significantly decrease the levelized cost of energy (LCOE) of the final HKT design.

Mariner 418
article thumbnail

Hyliion launches Hypertruck Electric Range Extender; CNG genset; 1,000-truck pre-order

Green Car Congress

The powertrain also produces electricity locally at roughly 30% less than the average grid cost, which yields a seven-year cost-of-ownership unmatched by any diesel, battery-electric (BEV) or hydrogen fuel-cell (FCEV) Class 8 truck under development.

Range 476
article thumbnail

BYD and Levo partner to deploy up to 5K BEVs in US fleets, integrate V2G technology

Green Car Congress

This innovative potential partnership leverages state-of-the-art BYD and Nuvve technologies and will provide access to Stonepeak’s financing, which will lower the cost of medium- and heavy-duty battery electric vehicle adoption for fleets of all types including mass transit, municipalities, last mile delivery and school districts.

BYD 199