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EIA expects significant increases in US wholesale electricity prices this summer

Green Car Congress

The US Energy Information Administration (EIA) forecasts that prices in US wholesale electricity markets this summer will significantly increase over last summer’s prices. EIA forecasts summer electricity prices will average $98/MWh in California’s CAISO market and $90/MWh in the ERCOT market in Texas.

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Toyota 3-row EVs, Tesla price cuts, electric G-wagen, airless tires: The Week in Reverse

Green Car Reports

Which automaker priced its hardware set allowing its EVs to back up the home? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending April 26, 2024. Which EV brand has the lowest ownership costs of any automotive brand?

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Germany approves €900M for green hydrogen project H2Global

Green Car Congress

The aim of the project is to advance the international market ramp-up of green hydrogen and to use double-auction procedures for this purpose. Green hydrogen plays a central role in the transformation of our economy. Since the production price of green hydrogen is still relatively high in the current market ramp-up phase, HINT.CO

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BASF and RWE proposing 2GW offshore wind farm for green electricity and hydrogen for chemical industry

Green Car Congress

Markus Krebber (RWE), accompanied by Chairman of the Mining, Chemical and Energy Industries Union (IG BCE) Michael Vassiliadis, presented a project idea that envisions a new 2 GW offshore wind farm in the German North Sea to provide the Ludwigshafen chemical site with green electricity and enable CO 2 -free production of hydrogen.

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Used EV price drop, Lexus UX hybrid mpg, die-cast electric G-wagen: Today’s Car News

Green Car Reports

Used EVs are selling at lower prices than last year. This and more, here at Green Car Reports. The Mercedes G-wagen EV goes die-cast, with a sustainability twist. And the most affordable Lexus gets more fuel-efficient.

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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

Green Car Congress

Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, according to a new report from BloombergNEF (BNEF). All prices are in real 2021 $, unless stated as nominal.) At the cell level, average BEV prices were just $97/kWh.

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Tesla prices; in-wheel motor Land Rover; airless tires, robotaxis, Autopia: Today’s Car News

Green Car Reports

Tesla cuts prices nearly across the board and appears to be pushing more people into Full Self Driving. Disney is making a popular automotive ride all-electric. This and more, here at Green Car Reports. Airless tires look like the future. And do in-wheel motors make more sense for EV conversions?