article thumbnail

DOE to Award Up to $300M in Stimulus Bill Funding for Projects to Expand Use of Alt-Fuel and Advanced Technology Vehicles

Green Car Congress

The FOA modifies a much smaller and earlier-issued FOA by incorporating a supplemental $300 million appropriated by the American Recovery and Reinvestment Act (ARRA) of 2009 (the stimulus bill) for the Energy Policy Act (EPACT) of 2005 Section 721 to fund a competitive grant pilot program to be administered through the Clean Cities Program.

Stimulus 150
article thumbnail

EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

Green Car Congress

The US Energy Information Administration (EIA) forecasts an increase in demand for petroleum products during the 2021 summer driving season as the impacts of COVID-19 diminish in the United States. EIA expects US coal production to total 585 MMst in 2021, 46 MMst (9%) more than in 2020. gal this summer, up from an average of $2.43/gal

2019 186
article thumbnail

Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

Green Car Congress

This latter development is due as much to the fact that developed bus markets may experience a general slowdown, due to austerity measures and the end of stimulus funding, as to any changes in demand for electric drive. Europe is behind on hybrid bus deployments, although stimulus. would purchase 500 battery electric buses.

2018 276
article thumbnail

ADB Study Finds Annual Economic Losses in Southeast Asia from Climate Change Could be More Than Twice the Global Average

Green Car Congress

The mean cost of cost of climate change for the four countries—Indonesia, Philippines, Thailand, and Viet Nam—under a “business-as-usual” scenario and if market and non-market impacts and catastrophic risks are all considered could be equivalent to losing 6.7%

article thumbnail

GE to Open Sodium-Metal Halide Battery Plant in New York

Green Car Congress

The announcement coincides with GE’s submission this week for federal stimulus dollars from the US Department of Energy. GE has invested more than $150 million to develop advanced battery technologies, including the high-energy density, sodium-based chemistry battery that will provide energy storage for several future product applications.

Sodium 191
article thumbnail

PwC industry survey provides check-up on determining factors for EV success

Green Car Congress

The survey addresses a range of topics relevant to the success of plug-in electric drive vehicles, including product design (i.e., This is already a reality as governments around the world have offered billions of dollars in the form of loans, grants, and rebates through various stimulus programs.

article thumbnail

IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

Green Car Congress

We are in a good position to transform the global energy system but success will depend on urgent action, as delays will raise the costs of decarbonization. Reducing the impact on human health and mitigating climate change would save between two- and six- times more than the costs of decarbonization, according to IRENA’s calculations.

Renewable 199