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But they also include a huge increase in the proportion of battery electric vehicles (BEVs) and plug in hybrids (PHEVs), with the brand selling a total of 36.1% increase from the previous year’s results – a big rise in EV sales alongside a drop in gas model sales (hm, where have we heard that before? ).
The New Terminal One will have what its creators have said is the largest solar array at any US airport, which will power a fleet of electric vehicles used at the terminal both landside and airside. Construction of the massive array, consisting of more than 13,000 solar panels on the terminals roof, began in 2024.
There, d elegations from Azerbaijan, Georgia, Hungary, and Romania finalized an ambitious plan: to generate up to 6 gigawatts of clean energy in the Caucasus region, run the electricity through a cable along the bottom of the Black Sea, and deliver it to Europe. The plants solar panels run in long rows over the gently sloped terrain.
How EV Drivers Are Upgrading Rides and Rethinking Finances This article may contain affiliate links. But todays driversespecially those with electric vehicles (EVs)are doing things differently. Gas-powered car enthusiasts have been modding their rides for yearsand the culture is thriving. Think of them as computers on wheels.
Much of US road infrastructure is financed by taxing gasoline. Energy Institute alum, Chris Knittel , along with Gib Metcalf and Shereein Saraf , have a new working paper , which takes a swing at one of the less thrilling, but wildly important, topics in public finance: how we pay for roads when no one’s buying gas anymore.
Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. Project VGV uses surplus electricity generated by renewable and nuclear sources to produce hydrogen via electrolysis.
In countries that choose to continue or increase their use of nuclear power, it can reduce reliance on imported fossil fuels, cut carbon dioxide emissions and enable electricity systems to integrate higher shares of solar and wind power.
Exelon Corporation will provide equity financing for 21 megawatts (MW) of Bloom Energy solid oxide fuel cell (SOFC) projects at 75 commercial facilities in California, Connecticut, New Jersey and New York.
The US Department of Energy (DOE) finalized a partial guarantee for an $852-million loan to support the development of the Genesis Solar Project. The Genesis Solar Project is a 250 megawatt (MW) parabolic trough concentrating solar power (CSP) facility that will increase the nation’s currently installed CSP capacity by about 50%.
Five of the 28 innovations will help protect the grid from wildfires/PSPSs, four of these five will provide climate and weather risk prediction to electric infrastructure and services, and one is a hard tech innovation to reinforce transmission lines.
The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. Earlier Bloomberg New Energy Finance analysis showed that, with gasoline at $2.09
The partnership with AVL has already resulted in bringing to production the TECO Future Funnel, a complete exhaust gas cleaning system. Financing alternatives are being evaluated. Total greenhouse gas emissions are to be reduced by at least 50% by 2050. The plan is to start fuel cell production in 2022.
(CPV); GE Energy Financial Services; and Diamond Generating Corporation (DGC), a wholly-owned subsidiary of Mitsubishi Corporation, co-owners of the planned $900-million CPV Sentinel power plant, have closed the largest project financing in the US thermal power industry this year for the facility to be built in Riverside County, Calif.
This year has brought a significant shift in the generating cost comparison between renewable energy and fossil fuels, according to detailed analysis by technology and region, published this week by Bloomberg New Energy Finance. In the US, coal and gas are still cheaper, at $65 per MWh, against onshore wind at $80 and PV at $107.
Audi A3 TCNG for e-gas project. Starting in 2013, Audi will begin series production of TCNG models whose engines—derived from TFSI units—will be powered by e-gas: synthetic methane produced via the methanation of hydrogen produced by electrolysis using renewable electricity. Click to enlarge.
It lifts the current “cap&# on rooftop solar from the crappy 2.5% The cap has to do with what percent of rooftop solar customers get to participate in the “net metering&# program that actually gives them credit for the solar power they produce and feed back into the grid. to a BFD level of 5%. No you do not.
Comparative levelized cost of electricity in 2025 ($/MWh) at different CO 2 prices. The levelized cost of electricity (LCOE) represents an annualized cost of generating electricity over the lifetime of the unit, including initial capital, return on investment, and costs of operation, fuel and maintenance. Source: EPRI.
As our climate change crisis worsens and spins out of control with each passing day there’s no time to spare for those of us whose job it is to educate and motivate our fellow citizens to actions that cut our greenhouse gas emissions. SOLARFINANCING – WHO GETS IT AND WHO DOESN’T.
AlphaStruxure , a provider of Energy as a Service (EaaS) solutions, announced an agreement to deploy an integrated microgrid and electric bus charging infrastructure project for Montgomery County, Maryland. AlphaStruxure is a joint venture between the Carlyle Global Infrastructure Opportunity Fund and Schneider Electric.
billion to support three alternating current Cadmium Telluride (Cd-Te) thin film photovoltaic (PV) solar generation facilities: DOE is offering a conditional commitment for a loan guarantee to AV Solar Ranch 1, LLC to support the Antelope Valley Solar Ranch 1 project. The Topaz Solar project will use more than 8.5
The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. The detailed report— Need Nickel? —Baker Institute report Need Nickel?
water and electricity to produce higher-energy carbon-based products and a co-product of pure oxygen. This reaction is energetically uphill, so electricity must be added to drive the reaction forward, and it is not possible without a new family of CO?-reducing reducing catalysts. Energy Access. Transportation.
The US National Science Foundation (NSF) has issued a grants opportunity notice ( PD-14-7644 ) for up to about $13 million in awards to fundamental research and education that will enable innovative processes for the sustainable production of electricity and transportation fuels. Photovoltaic Solar Energy. Wind Energy.
to support the construction and start-up of three utility-scale concentrated solar power plants. The new plants will generate approximately 400 megawatts (MW) of electricity using the company’s innovative, proprietary technology. Once operational, the project will supply clean electric power to approximately 140,000 California homes.
The South Coast Air Quality Management District (South Coast AQMD) is leading a landmark effort along with the California Air Resources Board (CARB) and the California Energy Commission (CEC) to deploy 100 battery-electric regional haul and drayage trucks across California.
The US Department of Energy (DOE) is [link] about $11 million to 20 new projects to help states and local governments to develop the infrastructure, training, and regional planning needed to help meet the demand for alternative fuel cars and trucks, including vehicles that run on natural gas, electricity, and propane. Gas Technology.
SGH2’s gasification process uses a plasma-enhanced thermal catalytic conversion process optimized with oxygen-enriched gas. The end result is high purity hydrogen and a small amount of biogenic carbon dioxide, which is not additive to greenhouse gas emissions. But, until now, it has been too expensive to adopt at scale.
Oil accounts for most of this decline as, for the first time, global consumer spending on oil is set to fall below the amount spent on electricity. This could be particularly detrimental to the outlook in some developing countries, where financing options and the range of investors can be more limited. —Dr Birol.
An annual ' tracking the progress of California Climate Investments, released by the California Air Resources Board and the California Department of Finance, finds that nearly $1.4 Projects funded to date are achieving the overall goal of California Climate Investments by reducing greenhouse gas emissions by more than 36.5
Gas chromatograph traces of conventional 87 octane gasoline (top) and CoolPlanetBioFuels drop-in gasoline produced from corn cobs. This venture capital investment was led by North Bridge Venture Partners, which had also led CoolPlanet’s financing round last year. Source: CoolPlanetBioFuels. Click to enlarge.
The Västra Götalandsregionen is financing the feasibility study. Hydrogen is produced via electrolysis using the excess renewable electricity; the hydrogen can then be used in a fuel cell to generate new electricity and heat when needed. Byproducts of the process are heat and oxygen; these can be used.
The US Department of Transportation (DOT) is awarding $100 million in Economic Recovery Act funding to 43 transit agencies for projects to reduce energy consumption and greenhouse gas emissions from both vehicles and facilities. The Federal Transit Administration reviewed more than $2 billion in applications for these funds. Of that, $26.5
Nuvve Corporation, a San Diego-based vehicle-to-grid (V2G) technology company, is participating in a program to deliver resource adequacy to local utility San Diego Gas & Electric (SDG&E) and California’s electrical grid using a large stationary battery located on the University of California San Diego’s (UC San Diego’s) campus microgrid.
The President’s Climate Action Plan contains a goal of doubling renewable energy generation from wind, solar, and geothermal sources between 2012 and 2020. Leverage increased private sector financing for deployment of “all of the above” energy technologies.
Coal still supplies more power in the US than anything else, with natural gas next. However, building more coal and gas power plants to make miles for transport is counter-productive if the game plan is to reduce carbon output. At that rate, the cost to operate an electric vehicle is 2 cents per mile. Unfortunately, they don’t.
The US Department of Energy (DOE) released a draft for comment of an $8-billion loan guarantee solicitation for innovative and advanced fossil energy projects and facilities that substantially reduce greenhouse gas and other air pollution. The program is part of President Obama’s climate action plan. Earlier post.).
Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications, has secured the rights to key patent technology from MIT. —Philippe Boisseau, President Total Gas & Power.
By utilizing hydroelectric electricity and carbon sequestration along with negative carbon intensity hydrogen, the Aemetis plant is expected to produce among the lowest carbon intensity renewable jet and diesel fuel in the world. million of grants from the California Energy Commission and Pacific Gas & Electric Company.
The Asian Development Bank (ADB) is providing $300 million towards a project that will replace 100,000 gasoline-burning tricycles in the Philippines with electric tricycles, or E-Trikes. Once the project is completed in December 2017, ADB will have financed upgrades to nearly 2,200 km (1,367 miles) of the network.
The plants will use renewable energy sources to generate electrical power that will be used to produce hydrogen with mtu electrolyzers. The mtu gas engine portfolio is currently being prepared for hydrogen as a fuel, thus enabling a CO 2 -neutral energy supply. With more than 4.2
Expands reporting requirements for greenhouse gas emissions to imported electricity, natural gas, and transportation fuel and will allow state to better track amount of greenhouse gases emitted in Oregon. The bill also requires 20 megawatts of large scale solar be integrated into utility loads. Senate Bill 38.
The GCEP collaboration expects to benefit from the bank’s expertise in financing sustainable businesses dedicated to addressing climate change and advancing low-carbon solutions. Bank of America is also working to reduce greenhouse gas emissions from its own operations.
When we turn up the heat in our homes and workplaces, we must balance our personal need for warmth with the global impact of burning fossil fuels like oil, gas, coal, and biomass. These initiatives have largely focused on renewable electric power generation, distribution, and storage. The apparent contradictions do not end there.
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