Remove Economy Remove Gas-Electric Remove Grid Remove Stimulus
article thumbnail

Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

Green Car Congress

In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. Electric grids require balance in order to function properly. Energy storage on the grid is reaching a turning point. Earlier post.).

article thumbnail

Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

Green Car Congress

In Germany, renewable electricity generation will be 35 percent by 2020, and 50 percent by 2050. Closer to home, the federal fuel economy standards require the average fleet fuel economy of OEMs that sell vehicles in the USA to be 35.5 The same can be said for the electricity companies that generate power in the USA.

Renewable 220
article thumbnail

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

Green Car Congress

The focus must be on the decarbonization of the global energy system as it accounts for almost two-thirds of greenhouse gas emissions. Today around the world, new renewable power plants are being built that will generate electricity for less cost than fossil-fuel power plants. —IRENA Director-General Adnan Z. Around US$3.5

Renewable 199
article thumbnail

Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

ACORE is an organization of member companies and institutions that are dedicated to moving renewable energy into the mainstream of America’s economy. As another panelist pointed out, “ The New York Times is well-equipped to write the article about how Stimulus Funds have been wasted ”. Billion vs. $28.3 Billion in 2008). Neil Auerbach.

Financing 150
article thumbnail

NYC Goes EV

Revenge of the Electric Car

This Tesla is one of a number of electric cars coming on the market. Will Electric Cars Give New York a Charge? The number of electric cars bought, according to the study, “may be significantly less if these assumptions do not materialize.&# ‘ Here is the text of the entire article, in case the link goes bad: [link].

article thumbnail

Greenius Goes All AB 811 Over Green Task Force

Creative Greenius

And so it was that I found myself in the Hermosa Beach City Council Chambers addressing the Green Task Force audience you cannot see in this photo as I presented my Finding The Green To Green The Grid House By House PowerPoint. SBESC's Marilyn Lyon talks about Federal Stimulus Funding / photo (c) Debra Bushweit Galliani.

Green 170
article thumbnail

Next 10 report finds California must increase GHG reductions to 4.9%/year through 2030 to meet target

Green Car Congress

This year’s Index finds that 2018 greenhouse gas emissions—the latest year for which data are available—rose overall for the first time since 2012, driven in part by increases in the power and commercial sectors. But, if any state can achieve this level of reductions while supporting a healthy economy, it’s California.