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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 US Department of Energy has issued a $300-million Funding Opportunity Announcement ( DE-PS26-09NT01236-04 ) for applications for cost-shared projects that expand the use of alternative fueled vehicles and advanced technology vehicles. Incremental cost of dedicated alternative fuel vehicles.

Stimulus 150
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New report showcases innovative finance tools to electrify truck, bus fleets; TCE Toolkit

Green Car Congress

This shift will require understanding and developing innovative financing approaches and non-financial support tools that overcome key hard and soft costs, risks and uncertainties, and market frictions. The TCE framework builds upon and complements traditional Total Cost of Ownership (TCO) analyses. —“Financing the Transition”.

Financing 221
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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. Current hybrid buses can cost around $200,000 more than a comparable diesel bus, depending on the bus specifications.

2018 276
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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. Primary CO 2 emissions reduction potential by technology in the Reference Case and REmap, 2015-2050. —IRENA Director-General Adnan Z. Click to enlarge.

Renewable 199
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Coulomb, MasterCard, and the future of public charging

Plugs and Cars

Coulomb Technologies unveiled San Francisco's first ChargePoint America charge stations yesterday in a Priority Parking lot along the Embarcadero. The charge stations and installations were paid for with federal stimulus and California Energy Commission grants won by Coulomb. Nissan LEAF buyers are excluded.

Charging 203
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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
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PwC industry survey provides check-up on determining factors for EV success

Green Car Congress

More than 200 participants from the automotive, utilities, energy, technology, government, finance, education and other sectors provided their feedback for the effort. 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.