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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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Even misrepresented, Michigan Senator makes case for electric car amid record gas prices

Green Car Reports

a Michigan Senator bragged about driving an expensive electric car to Washington, D.C., while avoiding gas stations amid historic prices. According to the reporting from Fox News, one of the most popular news organizations in the U.S.,

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High Gas Prices Give An Opening For Electric RVing

CleanTechnica EVs

With gas prices on the rise at a time when many people want to hit the road with an RV, electric RVing has a great opportunity. An article last month at RV Life laments the rise of gas prices, and the impacts it’s going to have on everyone’s summer camping plans: “Normally, this time of […].

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Rising gas prices influence Tesla and electric car purchases: survey

Teslarati

There are numerous factors to consider when one is looking to purchase an electric car. As the results of a March 2021 survey shows, rising gas prices are also an apparent factor for consumers when they are deciding to purchase an electric vehicle. . this week , the highest since 2014. . Credit:CarGurus.

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BYD launches $15,000 Qin Plus EV Honor Edition kicking off price war with gas cars

Electrek

BYD is kicking off a price war with gas-powered cars as new lower-priced electric vehicles begin rolling out. After launching the new Qin Plus EV Honor Edition on Monday, BYD said it’s “officially opening a new era of electricity is lower than oil.”

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Allianz to invest in Finnish green hydrogen and power-to-gas developer Ren-Gas; sector coupling

Green Car Congress

Allianz Capital Partners, on behalf of Allianz insurance companies, has signed an agreement to acquire a minority stake in Ren-Gas Oy , a green hydrogen and power-to-gas project developer based in Finland. Allianz will provide funding of €25 million to Ren-Gas to support the company’s project portfolio towards execution.

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EV prices nipping at gas-powered vehicle heels with discounts and cheaper options

Electrek

Who says electric vehicles are too expensive? New data shows EV prices are nearly the same as gas-powered vehicles. more… The post EV prices nipping at gas-powered vehicle heels with discounts and cheaper options appeared first on Electrek.

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