Remove Companies Remove Gas-Electric Remove Grid Remove Oil
article thumbnail

3 Oil Majors That Bet Big On Renewables

Green Car Congress

Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com.

Oil 418
article thumbnail

Mercom: battery storage, smart grid, and efficiency companies raise $210M in VC funding in Q1 2019, down 55.5% YoY

Green Car Congress

A combined $210 million was raised by battery storage, smart grid, and energy efficiency companies in Q1 2019—a 55.5% Thirteen investors participated in battery storage funding this quarter with energy storage downstream companies raising the most. Smart Grid. There were four undisclosed M&A transactions in Q1 2018.

2019 170
article thumbnail

Are Electric Vehicles Good or Bad for the Economy?

Clean Fleet Report

Is transitioning to more electric vehicles (EVs) good or bad for the economy overall? Boise, ID According to the S&P Global Mobility Forecast, EV sales have surged so substantially over the past two decades that about 50 percent of the vehicles on the road by 2040 are projected to be electric. — Richard T., will be required.

Economy 67
article thumbnail

Westinghouse unveils AP300 small modular reactor for mid-sized nuclear technology

Green Car Congress

Westinghouse Electric Company launched its newest nuclear technology, the AP300 small modular reactor (SMR), a 300-MWe (900MWth) single-loop pressurized water reactor. This brings licensing advantages and substantially reduces delivery risk for customers in the utility, oil & gas and industrial space.

Idaho 505
article thumbnail

Convert Oil Wells to Solve the Solar Storage Problem

Cars That Think

A possible answer, though, might lie in oil wells. The California-based Hyperlight Energy will be piloting an installation where they plan to use existing oil wells as solar thermal wellsprings, with the stored energy being converted back to clean electricity when required. to test the concept for the first time.

Oil 127
article thumbnail

Suncor and ATCO partner on potential world-scale hydrogen project in Alberta

Green Car Congress

Two Canadian companies, Suncor Energy and ATCO Ltd., Suncor Energy is Canada’s leading integrated energy company, with a global team of more than 30,000 people. Suncor’s operations include oil sands development, production and upgrading, offshore oil and gas, and petroleum refining in Canada and the US.

Hydrogen 308
article thumbnail

UC Riverside opening Sustainable Integrated Grid Initiative; integration of solar energy, battery storage and electric and hybrid vehicles

Green Car Congress

Schematic of the “New Grid Testbed” components, including renewable energy generation, energy storage, smart distribution and electric transportation Click to enlarge. 27 electric vehicle charging stations. A UCR-owned and RTA-operated trolley bus that has been converted from diesel combustion to battery electric operation.

Grid 287