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Japan V2G demonstrator project using EVs as virtual power plant resource; METI funding

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Commencing today, the project aims to build a vehicle-to-grid (V2G) system, and through this a business model that utilizes the electricity storage capabilities of multiple EV/PHEVs to regulate power demand and supply between the grid and electric vehicles.

Japan 218
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LowCVP reports indicate pathways for meeting renewable energy targets in transportation, decarbonizing fuel to 2030 and beyond

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The UK’s LowCVP has published twin reports which set out how the UK could meet its 2020 targets defined in the EU’s Renewable Energy Directive, and proceed on a pathway to decarbonize road transport fuel in the period to 2030 and beyond. Illustrative impact of the fuel roadmap. Source: LowCVP, Element Energy. Click to enlarge.

Renewable 255
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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

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trillion more each year should be invested globally in low-carbon energy, including renewables, and the electrification of economies over the coming decade, while annual expenditure on fossil fuel energy should decrease by $350-600 billion. The report says that $1.5-1.7 It suggests that $1.4

Global 170
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ENGIE New Ventures increases investment in 2nd-life battery company Connected Energy

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Connected Energy’s E-STOR, a stationary energy storage technology that extends the life of electric vehicle batteries by 5-10 years, is deployed whenever flexible, modular and short or longer-term electricity storage systems are needed.

Connect 186
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ARPA-E issues $100M OPEN funding opportunity announcement to support early-stage energy R&D

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Advanced vehicle designs and materials. Advanced or alternative vehicle designs and/or key enabling technologies. Examples could include ultralightweight vehicles, advanced components, new vehicle designs and architectures, etc. Technologies for advanced airplanes, human-powered vehicles, marine vessels, trains, etc.

Energy 207
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DOE releases Energy Storage Grand Challenge Roadmap; 44% reduction in manufactured cost for 300-mile EV pack by 2030

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Achieving this levelized cost target would facilitate commercial viability for storage across a wide range of uses including: meeting load during periods of peak demand, grid preparation for fast charging of electric vehicles, and applications to ensure reliability of critical services. Chemical and thermal storage<>/p>.

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Groupe Renault creating first European factory dedicated to the circular economy of mobility in Flins

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The implementation of this industrial and commercial ecosystem will take place gradually between 2021 and 2024, replacing the production of new vehicles. based on the integration of the company’s areas of technical expertise (reconditioning of second-hand vehicles, remanufacturing, recycling, batteries).

Economy 397