article thumbnail

DOE closes on $504M loan guarantee for world’s largest clean hydrogen and energy storage project

Green Car Congress

The loan guarantee will help finance construction of the largest clean hydrogen storage facility in the world, capable of providing long-term low-cost, seasonal energy storage, furthering grid stability. ACES Delta is a joint venture between Mitsubishi Power Americas and Magnum Development.

article thumbnail

False Starts: The Story of Vehicle-to-Grid Power

Cars That Think

They wanted to see whether an electric vehicle could feed electricity back to the grid. The company’s president, Tom Gage , dubbed the system “vehicle to grid” or V2G. And EV owners would become entrepreneurs, selling electricity back to the grid. And indeed, that’s how promoters of vehicle-to-grid technology perceive the EV.

Grid 144
article thumbnail

Gridtractor launches fleet electrification services to accelerate zero-emission agriculture

Green Car Congress

Gridtractor will help farmers integrate electric charging and vehicle to grid (V2G) into their operations to strengthen the power grid with its smart energy platform. In addition, the company estimates farms can save 55-75% on fuel costs by going electric, and up to 90% by supplying stored power to irrigation pumps and to the grid.

Fleet 333
article thumbnail

The EV Transition Explained: Can the Grid Cope?

Cars That Think

There have been vigorous debates pro and con in the United States and elsewhere over whether electric grids can support EVs at scale. trillion in capital, operations, and maintenance costs by 2035. As energy expert Chris Nelder noted at a National Academy EV workshop , “vehicle-to-grid is not really a thing, at least not yet.

Grid 121
article thumbnail

Solar Power for Sheds and Electric Car Charging Solutions

Setec Powerr

– Self-Sufficient: Solar power eliminates the need for cumbersome extension cords and provides off-grid independence. – Link to Battery Storage: Having battery storage is essential for storing any excess solar energy produced for use when sunlight is unavailable. It’s a sustainable green energy solution.

Solar 98
article thumbnail

Wallbox introduces Quasar 2 next-generation bidirectional home charger at CES 2022

Green Car Congress

As well as enabling EV owners to charge and discharge their electric vehicle to power their home or the grid, Wallbox’s latest innovation is designed to give EV drivers the ability to isolate their home from the grid and use their EV for backup power during a blackout. With Quasar, your EV energy goes beyond driving.

Grid 293
article thumbnail

NJ state Senate approves bill requiring New Jersey DEP to develop and implement electric school bus program

Green Car Congress

However, electric school buses are believed to be cheaper to own over the life of the vehicles than diesel alternatives due to a combination of lower fuel and maintenance costs and because vehicle-to-grid capabilities would allow school districts to sell electric buses’ stored energy back to the utility.