article thumbnail

Lux Research: smart grid, energy storage, and EV M&A hits $2.4B in 1H 2011; start-ups selling at bargain prices

Green Car Congress

Merger and acquisition (M&A) deals in the smart grid, energy storage, and electric vehicle (EV) sectors during the first six months of 2011 already totaled twice those made during all of 2010, and many more cash-starved start-ups are due for the auction block, according to a new report from Lux Research. M&A transactions totaled $2.42

article thumbnail

Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

Green Car Congress

In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. Electric grids require balance in order to function properly. Energy storage on the grid is reaching a turning point. 2010 vs 2011 forecasts.

article thumbnail

Study: California needs up to 55 GW of long duration energy storage by 2045; 150X the storage deployed since 2010

Green Car Congress

This quantity represents more than a 150X increase in the amount of energy storage deployed in the state since 2010 and is the energy equivalent of powering 37 million homes. By 2030, the state will require 2-11 GW of new operational long duration energy storage.

article thumbnail

Ford Testing Intelligent System for Plug-in Vehicle to Grid Communication to Manage Charging

Green Car Congress

Ford Motor Company has developed an intelligent vehicle-to-grid communications and control system for its plug-in hybrid electric vehicles that communicates directly with the electric grid. All 21 of Ford’s fleet of plug-in hybrid Escapes eventually will be equipped with the vehicle-to-grid communications technology.

Grid 284
article thumbnail

NIST releases final Smart Grid Framework 2.0

Green Car Congress

An updated roadmap for the Smart Grid is now available from the National Institute of Standards and Technology (NIST), which recently finished reviewing and incorporating public comments into the NIST Framework and Roadmap for Smart Grid Interoperability Standards, Release 2.0. represents a significant update to the NIST Release 1.0

Grid 231
article thumbnail

Improving Life Cycle Assessment of US Grid Electricity

Green Car Congress

For this reason, it is common in LCA and carbon footprinting to create and utilize emissions factors, or average amount of a pollutant per unit activity, for the use of grid electricity, such as gCO 2 /kWh consumed. The larger the region at which the grid is averaged, the closer the estimate comes to the national average emissions factor.

Grid 281
article thumbnail

Pew: global clean energy investment reached record $243B in 2010

Green Car Congress

2010 investment by country and sector. Global clean energy finance and investment grew significantly in 2010 to $243 billion, a 30% increase from the previous year. billion in investments in 2010 represents a 39% increase from 2009. Italy is the first country to achieve grid parity, or cost-competitiveness, for solar energy.

2010 236