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A new total cost of ownership (TCO) study from the National Renewable Energy Laboratory (NREL) finds that battery-electric and fuel-cell electric commercial trucks could be economically competitive with conventional diesel trucks by 2025 in some operating scenarios.
Self Financial, a fintech company, has compared the running costs of electric and non-electric vehicles in each state. Across the US the average annual cost of running an electric vehicle is $2,721.96, while gasoline vehicles cost an average of $3,355.90 per year to run—a difference of $633.94
However, they also noted, high PTW efficiencies and the moderate fuel economies of current compressed natural gas vehicles (CNGVs) make them a viable option as well. If CNG were to be eventually used in hybrids, the advantage of the electric generation/EV option shrinks. Their open access paper is published in the journal Energy.
Consumers who purchase an electric vehicle will find that lifetime costs to own the vehicle are competitive with conventional and hybrid vehicles, according to an analysis conducted by the Electric Power Research Institute (EPRI). —“Total Cost of Ownership for Current Plug-in Electric Vehicles”.
The new estimated cost —US$4.13/kg kg after capital amortization—incorporates efficiency improvements, cost reduction of its HGas platform and data provided by Hyundai for the ix35 fuel cell electric vehicle ( earlier post ). ITM Power projects hydrogen cost at £4.19/kg Electricity price. kg (US$6.44/kg),
Yet, the lack of established process and business models defining “green steel” make it difficult to understand what the respective H 2 price has to be in order to be competitive with commercial state-of-the-art natural gas DRI. … When using H 2 only for iron ore reduction, economic viability is reached at an H 2 procurement cost of $1.70
The Responsible Battery Coalition, in partnership with the University of Michigan Center for Sustainable Systems, launched a comprehensive research project to compare the total cost of ownership of gas and electric vehicles (EVs). Where, when and for whom are EVs most cost-effective? Anticipated driving patterns.
This analysis compares the costs of usable energy when we buy gasoline and electricity for driving and natural gas for keeping warm. The average retail cost of regular gasoline in 2018 was $2.719 per gallon. Consequently, the average cost of the available energy from gasoline is $0.226 per 10,000 Btu. per 100 kWh.
fuels suppliers; electric utilities; independent power producers; industrial gas companies; state and local government; research laboratories; academics; and other public, private, or non-profit entities. Hybrid electric vehicles. Plug-in hybrid electric vehicles. Battery electric vehicles.
” Right away, I thought, “ugh… ” I conducted cost of ownership analyses and comparisons between gas cars and electric cars for years, and anyone who has done even one. continued] The post Conversations on Costs of EV Charging vs. Fueling a Gas Car Are Misleading appeared first on CleanTechnica.
One label design prominently features a letter grade (ranging from A+ to D) to communicate the vehicle’s overall fuel economy and greenhouse gas emissions performance. A sample of the second proposed label for an extended range electric vehicle. Fuel Cost: Estimated annual costs of fueling the vehicle. Click to enlarge.
The study found that TCO for electric and diesel medium-duty urban delivery trucks were similar. The electric truck is relatively more cost-effective on the NYCC and when VKT demand is higher. Cost-competitiveness of the electric truck diminishes in drive cycles with higher average speeds. Credit: ACS, Lee et al.
The US’ large resource base of natural gas can be used for cost-effective power generation, with environmental burdens coming primarily from fuel combustion, not resource extraction, according to a new Department of Energy (DOE) study. Historically, the price of natural gas has been volatile.
Electra has raised $85 million to produce Low-Temperature Iron (LTI) from commercial and low-grade ores using zero-carbon intermittent electricity. Electra’s process emits zero carbon dioxide emissions and carries zero green premium, meaning it will cost the same or less than existing production methods powered by fossil fuels.
Though there are some exceptions to these positive results for some of the diesel versions of vehicles from a total-cost-of-ownership perspective, the overall direction of the results supports the idea that diesel vehicles are competitive within the U.S.
The Electrification Coalition released two case studies outlining how two cities— Houston, Texas and Loveland, Colorado —are saving money by using electric vehicles (EVs) in their vehicle fleets. found that the city’s LEAFs will cost 41% less to own and operate than gasoline-powered vehicles. Earlier post.).
Plug-in electric vehicles, including plug-in hybrids and battery electric vehicles, have the potential to make up 9% of US auto sales in 2020 and 22% in 2030 (1.6 However, achieving such growth level will be dependent on two key factors: aggressive reductions in battery costs and rising gasoline prices. Earlier post.)
Comparison of coal consumption and CO 2 emissions for co-production and separate production of liquids and power. A co-production scenario—yet to be commercial—would take unconverted syngas from the FT reactor and combust it in a combined cycle power plant to generate electricity that is sold to the grid. Click to enlarge.
Sample consumer and societal break-even curves for BEVs, with data points for a compact diesel for comparison. The analysis, “Electric Cars: Ready for prime time?”, finds that the societal costs for electric cars and vans range from €7k to €12k (US$8,889 to $15,238) more than fossil-fueled equivalents. Click to enlarge.
The NPMC-based FCgen-1040 stack represents a step-change in PEM fuel cell technology with high performance at a reduced cost. Since platinum contributes 10-to-15% of the cost of a fuel cell stack today, we are very excited about the potential cost savings NPMC technology can enable moving forward.
The Vehicle Cost Calculator, an easy-to-use tool that allows users to compare emissions and lifetime operating costs of specific vehicle models, including conventional cars and trucks, as well as vehicles running on alternative fuels such as electricity, ethanol, natural gas, or biodiesel.
The US Department of Energy (DOE) released the final report from its National Renewable Energy Laboratory (NREL) for a technology validation project that collected data from more than 180 fuel cell electric vehicles over six years (early 2005 through September 2011). These vehicles made more than 500,000 trips and traveled 3.6
million US Department of Energy (DOE) grant to demonstrate a pre-production Renewable Natural Gas (RNG) hybrid 4,300 hp line-haul locomotive. In several weeks, OptiFuel will start taking orders, in 49 of the US states, for a new line of affordable 800 hp to 3,200 hp, 100% natural gas freight and transit locomotives. g/bhp-hr of PM.
Public-private investment initiatives, government funding for infrastructure and consumer subsidies, falling production costs and notably, the commitment to future OEM launches of fuel cell electric vehicles (FCEVs)—all indicate a clear road to adoption. Myth #2: Hydrogen gas is dangerous to store and use.
The SRI CTL plant design offers a lower CO 2 -emitting fuel then conventional diesel; a lifecycle analysis by SRI put conventional diesel at 389 gCO 2 /mile, conventional F-T coal-to-liquids diesel at 830 gCO 2 /mile; and the SRI synthetic fuel at 326 gCO 2 /mile (when using carbon-neutral electricity. Lifecycle GHG comparison.
UK-based AFC Energy launched its H-Power electric vehicle (EV) charger based on alkaline hydrogen fuel cell technology. The self-contained charging system overcomes issues associated with poor grid coverage to provide rapid electric vehicle (EV) charging anywhere it is needed. Hydrogen from industrial gas merchants. Resources.
Major ridesourcing companies Uber and Lyft have promised all-electric fleets by 2030 in an effort to reduce their carbon footprint. Overall, electrification reduces net external costs to society by 3–11% (5–24¢ per trip), depending on the assumed social cost of carbon. —Mohan et al. Mohan et al.
km) stretch of highway after installing a catenary system for electric and hybrid trucks in the vicinity of the largest US ports of Los Angeles and Long Beach. The objective is to eliminate local emissions such as nitrogen oxides completely and to reduce the consumption of fossil fuels and cut the operating costs of trucks.
On the other hand, however, the lower exhaust gas temperatures result in a lack of energy for their propulsion on the exhaust side. Comparison of turbocharging systems. The cost of a hydrogen powertrain in series production could be comparable to that of a gasoline engine. —Vincenzo Bevilacqua. Source: Porsche.
Alkaline fuel cells (AFCs) that are assembled with alkaline anion exchange membranes (AAEMs) have several significant advantages in comparison to state-of-the-art proton exchange membrane fuel cells (PEMFCs). (1) 2) Oxidation of direct alcohol fuels (e.g., methanol and ethanol) is also significantly faster in AFCs. (3) —You et al.
The Toyota Highlander Fuel Cell Hybrid Vehicle – Advanced (FCHV-adv) ( earlier post ) achieved an estimated range of 431 miles on a single full tank of compressed hydrogen gas, and an average fuel economy of 68.3 Currently, hydrogen gas pricing is not fixed, but DOE targets future pricing at $2 to $3 per kilogram.
During his presentation at the TDI Efficiency Rally, UMTRI researcher Bruce Belzowski first presented a summary of his analysis of the total cost of ownership of diesels with a comparison to that of their gas vehicle counterparts. Exhaust gas aftertreatment system, shown in an A7. Earlier post.). marketshare in 2012 to 1.25
The recuperated engine uses isothermal compression via cryogenic injection to enable significant exhaust to compressed gas heat transfer. Recuperator to transfer heat from exhaust gas to compressed air. A recuperated combustion engine transfers exhaust heat to the working gas at the end of compression and at constant volume.
This year has brought a significant shift in the generating costcomparison between renewable energy and fossil fuels, according to detailed analysis by technology and region, published this week by Bloomberg New Energy Finance. —Seb Henbest, head of Europe, Middle East and Africa at BNEF.
Answer: When the cost of buying or leasing an electric vehicle along with paying for maintenance and miles becomes less expensive than using a free gas car. That’s already been the case for years for high mileage drivers but with higher gas prices, we’ve now reached the point where the costcomparison is becoming more acute.
John DeCicco at the University of Michigan argues that to reduce transportation sector greenhouse gas emissions, the proper policy focus should be upstream in sectors that provide the fuel, rather than downstream on the choice of fuels in the automobile. —“Factor Analysis of Greenhouse Gas Emissions from Automobiles”.
In a joint publication, WFS and AVL conclude that the combined high efficiency and lower system costs relative to FCEVs make H 2 -HPDI the most capital efficient means to use hydrogen and lower CO 2 emissions near-term and that it has the potential to remain competitive with fully industrialized FCEV in the future.
Environmental costs are often not shown on financial statements because the bearers of such costs can be either particular individuals or society at large, are often both non-monetary and problematic to quantify for comparison with monetary values. Source: KPMG. Click to enlarge. billion in 2005.
However, the financial cost of the shift is causing concern. The fact that German electricity prices are among the highest in Europe, despite relatively low wholesale prices, must serve as a warning signal ,” said IEA Executive Director Maria van der Hoeven as she presented the report, Energy Policies of IEA Countries – Germany 2013 Review.
RPS programs, which require that a certain percentage of the state’s electricity come from renewable sources, currently cover 64 percent of the electricity sold in the United States. billion more for electricity than they would have in the absence of the policy. However, these reduced emissions came at a high cost.
For Linc Energy-owned sites, Linc Energy will pay to AFC Energy an upfront payment calculated on the cost of delivery of fuel cell systems, and a royalty based on profits generated from the use of AFC Energy fuel cells. Linc Energy will own the AFC Energy stock and have the right to freely trade the stock as appropriate.
Thirteen scientists and land use experts conclude in a new paper that an important but fixable error in legal accounting rules used to measure compliance with carbon limits for bioenergy could undermine efforts to reduce greenhouse gas emissions by encouraging deforestation. Their paper is published in the 23 Oct. Earlier post.).
The Ricardo CryoPower split-cycle engine concept redefines the processes of internal combustion to enable significantly improved internal thermal efficiency in comparison with today’s state-of-the-art engines. This enables recovery of otherwise wasted exhaust heat to the working gas after the end of compression.
Classification of potential electrical storage for stationary applications. To be successful, systems will need to evolve—in some cases, considerably—to compete financially with the cost of natural gas production. The most commonly used systems today work by converting electricity to kinetic (e.g.,
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