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Solar Energy Grid Integration Systems: Advanced Concepts: Eight projects to receive $25.9 These projects will develop electronics and build smarter, more interactive systems and components so that solar energy can be integrated into the electric power distribution and transmission grid at higher levels.
The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated. The 70’s oil crisis came and went; the loss of USA domestic market share occurred and a recent bankruptcy wave that hit the industry.
Among the findings of the survey: Approximately one-third (33.8%) of respondents felt the lack of investment to modernize the grid is a primary roadblock preventing the widespread support of EVs. 19% of those surveyed indicated the government should bear the primary burden of developing and funding an EV infrastructure or smart grid.
from off-road vehicles, which includes airport ground equipment, construction and mining equipment, industrial equipment and oil drilling equipment. Private sector investment can also drive green stimulus. This was followed by Smart Grid, which saw a 360% increase, and Hydropower, which saw an 81% increase. lower and 8.3%
Oil and gas : ENI Refining and Marketing, Galp Energia, OMV Refining and Marketing GmbH, Shell Downstream Services International B.V., Electric vehicles (BEVs, FCEVs and PHEVs in electric drive) can be fuelled by a wide variety of primary energy sources, thereby reducing oil dependency and enhancing security of energy supply.
IRENA’s macroeconomic analysis suggests that such investment creates a stimulus that, together with other pro-growth policies, will: boost global GDP by 0.8% Oil consumption would also fall but its substitution is challenging in several sectors. Coal use would decline most rapidly.
The grid today could handle many millions of EVs charging late at night when rates are lowest. The garage studies the integration of the electric vehicle into the power grid system where it either charges or discharges to accommodate the owner’s electricity needs. To be honest, we’ll be very lucky to see that many.
Veteran automakers, oil companies, and federal and state governments have been both the prime movers and obstacles to plug-in cars in the past and they remain so today. In addition to the California funds there is federal stimulus money, $41 million by mid-April, being doled out to their projects, many of zero environmental benefit.
Electric cars and a smart electric grid have a bright future, according to panelists at a roundtable discussion on the subject that I attended last Friday in Boston. “I Vehicle-to-grid is, I believe, the salvation of the automotive industry in the United States,” declared Marc Spitzer, an agency commissioner who was also on the panel.
Some of my friends swear that if you cut me, I’ll bleed gear oil. In the seven counties I have chosen to serve, there are oil fields, windmills, solar farms, and even a hydroelectric dam. I tell everyone about vehicle-to-grid technology, and remind them that diesel fuel gels when they forget to add the anti-gel.
Last year people were able to get unleveraged tax equity financing to monetize the production tax credits at yields to the tax investor of 6-7%; this year tax equity investors are seeking yields ranging from 10-15% for leveraged tax equity transactions utilizing the investment tax credit that is now available under the Stimulus Bill.
Dr. Paul addressed a positive change—the days of increasing US oil consumption may be over. “ We reached peak oil consumption in the US in 2008 and the same is true in the EU and Japan. ” M barrels/day of oil within the next 10 years ”. Dr. Paul still sees significant growth in the developing world. Billion vs. $28.3
The policy, intended to reduce greenhouse gas emissions and oil consumption, is geared to a nation where most people rely on cars for transportation. billion in stimulus grants to the industry. On the Grid. The study also considered how much strain electrical vehicles might put on the city’s electrical grid. Or No Cars?
The Three Prongs of the “Green&# Energy Stimulus Pa. Vehicle to Grid (V2G) technology is a bi-directional electric grid interface that allows a plug-in to take energy from the grid or put it back on the grid. The current electrical grid is poorly designed for distributed generation of power.
Analysts Say No First Up for Google Ventures: Silver Spring’s Smart Grid » Comments & Trackbacks I don’t want to wait for my car to charge. … Phone Companies Heart Smart Grid: SmartSynch, AT&T Sign Up Texas Utility Energy Aware’s PowerTab recognized by GigaOM | New Ventures BC : [.] Earth2Tech [.]…
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