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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

Due to a steady increase in availability of new models, expanded price mix within existing models and widening eligibility of federal and state incentives, acquisition cost is starting to fade as a hurdle to EV adoption, according to J.D. Power EV Index score for availability climbed sharply to 39.4 (on Power EV Index.

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J.D. Power: US growing increasingly divided on EV adoption

Green Car Congress

Power, EV adoption in the US is growing increasingly divided, with the most active states for EV adoption already on the path to parity with internal combustion engine (ICE) vehicles and consumers steadily pulling back on EV purchases in the least-active states. Power 100-point index , bringing the total Adoption score to 21.

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

Electrek

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

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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

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As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA. However, a new era for nuclear power is by no means guaranteed.

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Volvo flexes its pricing power for EVs with the EX30 rolling out for $35,000

Electrek

Rowan claims Volvo has ā€œmuch more pricing powerā€ as it rolls out its cheapest EV so far, the EX30, starting at $35,000. With ā€œtremendous growthā€ expected for its EVs, Volvo CEO Jim Rowan says the brand is outpacing rivals.

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EIA expects significant increases in US wholesale electricity prices this summer

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The US Energy Information Administration (EIA) forecasts that prices in US wholesale electricity markets this summer will significantly increase over last summerā€™s prices. EIA forecasts summer electricity prices will average $98/MWh in Californiaā€™s CAISO market and $90/MWh in the ERCOT market in Texas. MMBtu in May 2021.

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EPA proposes new pollution standards for fossil fuel-fired power plants

Green Car Congress

The US Environmental Protection Agency (EPA) has proposed new CO 2 standards for coal and natural gas-fired power plants. Through 2042, EPA estimates the net climate and health benefits of the standards on new gas and existing coal-fired power plants are up to $85 billion.

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