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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Green Car Congress

The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. of Cape Wind output; National Grid had agreed to buy 50%.

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

The Energy Department is also preparing to award as muchas $25 billion in low-cost federal loans for production ofadvanced technology vehicles, with many of the applicationscoming from companies planning to build plug-ins or thebatteries and components needed to power them. Oil prices are going to go up.

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