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US Sen. Brown introduces legislation to extend advanced energy manufacturing tax credit

Green Car Congress

Sherrod Brown (D-OH), would extend the advanced energy manufacturing tax credit (48C credit). The program provides investment tax credits of 30% for facilities that manufacture energy equipment. We can’t trade a dependence on foreign oil for a dependence on foreign-made sources of energy.

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US DOE releases 2023 Critical Materials Assessment to evaluate supply chain security for clean energy technologies

Green Car Congress

In addition to informing crosscutting DOE priorities including the Critical Materials Research, Development, Demonstration, and Commercialization Application Program (RDD&CA), the DOE Critical Materials List will inform eligibility for tax credits under the Inflation Reduction Act 48C.

Clean 370
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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

Conductive plastic anodes (-) and carbon-felt cathodes (+) make up the Z3 electrodes. The Eos Z3 battery contains predominately American components and is specifically designed for mass production and meeting low-cost, long-duration, grid-scale stationary energy storage needs.

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NY state launces series of initiatives to encourage adoption of EVs

Green Car Congress

Charging electric vehicles at night not only saves electric vehicle owners money on their electric bill, it also helps utilities better manage the grid and benefits the entire grid system and reliability for all customers. The tax credit is applied after the rebate amount received from NYSERDA.

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Transportation’s Future Is Hybrid – in More Ways Than One

Green Car Congress

And if our goal is to reduce carbon footprint or increase energy efficiency, we must view it as a crucial optimization. Transportation alone requires almost as much energy ( 27 quadrillion BTU or “quads,” as of 2021 in the United States ) as the entire electric grid can supply (37 quads). I couldn’t agree more.

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Fisker reveals production-intent version of Fisker Ocean at LA Auto Show

Green Car Congress

The Fisker Ocean is being manufactured by Magna-Steyr at a carbon-neutral factory in Graz, Austria. The base Fisker Ocean Sport trim level is priced at $37,499, before federal and state tax credits. The company calls these technologies PowerCar, Power Grid, and PowerHouse.

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Lawmakers demand emissions data for $8B federal hydrogen hubs

Baua Electric

Hydrogen could displace some fossil-fuel use, but its production can generate carbon emissions as well, including in the form of “grid emissions” from electricity used to power that production, the lawmakers noted in their letter. That’s assuming those end uses materialize.