Remove Cost Remove Cost Of Remove Grid Remove Virginia
article thumbnail

DOE to provide up to half the cost of NuScale small modular reactor project

Green Car Congress

Through a five-year cost-share agreement, DOE will invest up to half of the total project cost, with the project’s industry partners matching this investment by at least one-to-one. The smaller size could reduce both capital costs and construction times—helping to provide U.S.

Cost Of 210
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

CMU study finds controlled EV charging can reduce generation cost, but at greater health and environmental costs depending upon the generation mix

Green Car Congress

The question of electricity costs vs. health and environmental cost is important to ask everywhere, Michalek said. Reduction in annual generation cost and external emissions costs due to controlled charging compared to uncontrolled charging ($2010). other parts of the US and the world could be different. Click to enlarge.

Charging 150
article thumbnail

DOE selects 15 projects for $32M to advance lower-cost fusion concepts; ARPA-E BETHE

Green Car Congress

These projects will work to develop timely, commercially viable fusion energy, with the goal to increase the number and performance levels of lower-cost fusion concepts. However, there remains a need to lower the costs of fusion development and accelerate its development timeline to have appreciable impact.

Fusion 321
article thumbnail

DOE announces 15 Phase 1 semifinalists of Geothermal Lithium Extraction Prize

Green Car Congress

Lithium, a critical material used in high-charge-density batteries for electric vehicles and grid-scale electricity storage, is a crucial element in the clean energy supply chain. As domestic demand increases rapidly, there is an urgent need to develop safe, secure, domestic, and cost-competitive sources of lithium.

Wyoming 199
article thumbnail

Factor in V2G Revenue When Planning Fleet Electrification

Driivz

They are quieter, cleaner, have better acceleration, and cost less to keep running because electricity is cheaper than diesel and EVs require less maintenance than their ICE counterparts. All these costs must be factored into achieving TCO targets. and can include penalties for exceeding peak demand limits.

Fleet 96
article thumbnail

Auburn University leads $2M DOE Co-Optima project to evaluate renewable butyl acetate as diesel fuel additive

Green Car Congress

Joining as collaborators in the research are Cornell University, the University of Alabama, Virginia Tech and corporate partners Microvi Biotech Inc. We anticipate that adding BA to diesel fuel will reduce pollutants and costs associated with meeting environmental regulations. and EcoEngineers. Approximately $10.1

Universal 247