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Researchers at Argonne National Laboratory, with colleagues from Lawrence Berkeley, Oak Ridge, and National Renewable Energy labs, and the University of Tennessee, have published a comprehensive analysis of the total cost of ownership (TCO) for 12 sizes of vehicles ranging from compact sedans up to Class 8 tractors with sleeper cabs.
Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. This would help speed up the return on investment in VGV for the development costs of the energy transition. Diagram: Isabelle Plat.
Start-up Liquid Light, a developer of process technology to make major chemicals from low-cost, globally-abundant carbon dioxide ( earlier post ), has closed a $15-million Series B financing. The financing was completed at a significant increase in company valuation.
Scientists led by a former co-chair of the Intergovernmental Panel on Climate Change are warning warn that the UN negotiations aimed at tackling climate change are based on substantial underestimates of what it will cost to adapt to its impacts. But previous estimates of adaptation costs have substantially misjudged the scale of funds needed.
The research projects, conducted in partnership with private industry, national laboratories and universities, support the Energy Department’s SunShot Initiative, a collaborative national effort to make solar power cost-competitive with traditional energy sources by the end of the decade. CSP awards.
In an open access paper published in Nature Communications , researchers from the University of Wollongong in Australia report that their capillary-fed electrolysis cell demonstrates water electrolysis performance exceeding commercial electrolysis cells, with a cell voltage at 0.5 2 and 85 °C of only 1.51 kWh/kg hydrogen (vs. Hodges et al.
The 2020 edition of Global Landscape of Renewable Energy Finance highlights however, that while a cumulative US$1.8 Although this was largely due to the decreasing costs of renewables, the total installed capacity continued to grow. Global landscape of renewable energy finance in 2017-2018. C objective by mid-century.
Battery-electric transit bus manufacturer Proterra has entered the university market with its first order from the Associated Students of the University of Montana ( ASUM ) Transportation for two Proterra 40-foot Catalyst Fast Charge buses and one semi-autonomous fast charger for its UDASH routes.
Enedym, a switched reluctance motor (SRM) spinout from McMaster University, closed a $15-million financing round from an international group of strategic investors within the US, Canada, Europe, and India, including P&A Paletta Giving Inc., —Karen Mossman, McMaster University’s vice-president, research. Earlier post.).
Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. Countries have already started to pledge to contribute to start-up costs of the fund, meaning it. A Standing Committee is to keep an overview of climate finance in the context of the UNFCCC. Adaptation.
The Environmentally Friendly Inter-City Aircraft powered by Fuel Cells (ENFICA-FC) project, led by Turin Polytechnic University, is ready for flight-testing its fuel-cell powered, manned inter-city aircraft. University of Pisa (IT) (laboratory tests on the electric system). The overall cost of the project is €4.5 Earlier post.).
The second round of Act 13 Natural Gas Vehicle grants will open on 9 November, providing an estimated $11 million to help pay for the incremental purchase and conversion costs of heavy-duty natural gas fleet vehicles weighing more than 14,000 pounds.
Syzygy Plasmonics, a technology company developing a high-performance photocatalyst for the industrial gas, chemical and energy industries, announced a $23-million Series B financing led by Horizons Ventures with participation from new global investors including Equinor Ventures. Earlier post.).
Under the ESPC program, new energy efficient equipment is installed at Federal facilities at no up-front cost to the government. The cost of the improvements is paid for over time with energy costs saved on utility bills, and the private sector contractors guarantee the energy savings.
Specified performance targets for 2015 for battery-electric and plug-in hybrid electric passenger vehicles include: Maximum speed of not less than 100 km/h (62 mph); All-electric driving range of not less than 150 km (93 miles) and 50 km (31 miles), respectively; Battery power/kg target of 150W/kg, at a cost of 2 yuan/Wh ($0.31/Wh),
The Universiade Center is a landmark green building project currently under construction at a cost of US$548 million, comprising a main sports stadium, swimming complex and multifunctional arena. Shenzhen is the site of the World University Games in August 2011.
The University of California, Los Angeles (UCLA) has placed an order for a new all-electric shuttle bus powered by Motiv Power Systems ’ All-Electric Powertrain. This battery-electric buse is the first Motiv powered shuttle bus to operate on a university campus.
Leverage increased private sector financing for deployment of “all of the above” energy technologies. DOE also will work with other agencies in addition to state and local governments to use existing authorities to remove barriers to increased financing for clean energy deployment.
Shell and the consortium partners—including McDermott’s CB&I Storage Solutions, NASA’s Kennedy Space Center, GenH2 and the University of Houston—have been selected by the U.S. The University of Houston will focus their efforts on the creation of detailed thermal models of the proposed insulation systems.
Technology collaborators also include the Renewable Bioproducts Institute at Georgia Tech and the University of Tennessee,Knoxville. Its scope includes definition engineering, permitting, and financing activities. —Kevin Weiss, CEO of Byogy Renewables.
Additional process steps needed to cleave the hydrocarbons into jet range could amount to as much as 30-40 percent higher cost of production for renewable jet compared to. strong models for collaborative research involving public universities, US Department of Energy national labs, and other institutions. renewable diesel.
The project is certified by the competitiveness cluster Pôle Vehicle of the Future and co-financed by the European regional development Fund (ERDF), the Franche-Comté Regional Council, the Belfort Territory General Council, the Belfort Urban Community and the Greater Dole Urban Community. “ New bipolar plates.
Among their initial findings: PEV buyers universally report lower satisfaction with the dealer purchase experience than buyers of conventional vehicles. From a salesperson’s perspective, this additional time represents a cost of doing business that detracts from time spent closing another potentially more lucrative transaction.
With average monthly costs of around $2,000, that means that a stripper has to pump at least 2.33 And that does not include the cost of capital or the cost of employees (these are more than 150,000 jobs in the stripper business across the US according to the industry association). barrels per well per day just to break even.
candidate in economics with a specialization in international finance and environmental economics. The analysis in the paper relies on a network externality model focusing on relative prices, operating costs, and the network effects of battery switching stations. EV penetration with a battery swap model in three scenarios.
International agreements on the need to combat climate change, the fluctuating but generally rising costs of marine fuels which account for a large proportion of the running costs of a ship, and developments on a number of other fronts have led many in the industry to question whether the present methods of ship propulsion are sustainable.
35 new businesses, non-profits, universities, and utilities signing on to DOE’s Workplace Charging Challenge and committing to provide electric vehicle charging access for their workforce. Charging infrastructure financing: Unlocking Up $4.5 Among the actions announced are: Unlocking up to $4.5 Westar Energy.
million is funded by the ACT consortium; private financing amounts to €1.5M Carbon Capture Projects: Lowering Absorption Process Uncertainty, Risks, and Costs by Predicting and Controlling Amine Degradation (LAUNCH). This project will result in improved reliability and lower costs of carbon storage sites. million of which €31.5
The fundamental equation that drives any country or company’s ability to survive in the oil industry is: (Oil Price per Barrel − Cost Per Barrel) × Barrels Produced + Cash Reserves > 0. Most analysts estimate that cost per barrel for US shale companies ranges from the mid-fifties to the low nineties. Source: [link].
Hydrogenious Technologies is a spin-off from the University of Erlangen- Nuremberg (Germany), which also holds a stake in the company, and the Bavarian Hydrogen Center. The technology will increase delivery ranges and decrease the operating costs of hydrogen logistics for UHG. Earlier post.). Emel’yanenko, Mikhail A.
The Hyperloop has already created extreme controversy with skeptics citing everything from the cost of land in California to the substantial g-forces that would impact passengers being accelerated from 0 to 700+ miles per hour in a short span of time. More on that in a future article. Article Source: [link].
Financing for novel biorefinery process systems can be a barrier to commercializing advanced biofuels, and this funding will reduce technological uncertainties and enable industry deployment. University of Utah, “Entrained-Flow Biomass Gasification with Syngas Fermentation for Production of Sustainable Aviation Fuels” $2,000,000.
The Coskata process can produce more than 100 gallons of ethanol per ton of dry, ash-free biomass material at a cost competitive with expected gasoline prices—around $1.00 Actual production cost will vary, either below or above $1.00 per gallon, based on the cost of feedstock and the cost of power for the specific plant, he noted.
A preliminary analysis estimates the cost of implementing the 2017 CAAP at $7 billion to $14 billion. Given the magnitude of the investment, the draft plan calls for the ports to intensify their funding advocacy and increase collaboration with their partners to finance the new strategies. Freight Efficiency.
What is the cost of lost earnings or job opportunities during study? Can students draw from a wide range of programs in the business school and the university at large? And the answer was, ‘Yes.’’’ Purdue University is one of the country’s and the world’s best STEM (science, technology, engineering, mathematics) schools.
A new report from a team at the University of California, Davis, and the New York-based nonprofit Institute for Transportation & Development Policy (ITDP) has concluded that shared mobility is a critical enabler for realizing the benefits of electrification and autonomous driving.
788 million for high energy physics, $22 million above the FY 2015 Enacted level, to understand how the universe works at its most fundamental level by discovering the most elementary constituents of matter and energy, probing the interactions among them, and exploring the basic nature of space and time. Also within the $10.7
When asked about battery product pricing, Donaghy replied “ Everyone wants to know price, we would agree that we need to get the cost of the energy down. After four years they’ll be cost neutral; these guys understand the cost of their fleets down to the pence per mile. ”. We would aim to halve that, ” Donaghy said.
Organizers hope to build the undersea cable within the next six years at an estimated cost of €3.5 If selected, “the project could qualify for 50 percent grant financing,” says Gachechiladze. billion (US $3.8 It’s a huge budget. It will improve drastically the financial condition of the project.” billion ($2.5
In recent testimony, Nuvve CEO Gregory Poilasne told the lawmakers that bidirectional charging can reduce the total cost of EV ownership, and that it’s essential for integrating more renewable energy into the grid. That’s about two thirds of the leasing cost of a LEAF nowadays. Of course, the anti-EV crowd picked up on that.
After the initial transition period, revenues go into a Universal Refund that will increase until all revenues not spent to reduce the deficit are refunded directly to consumers. Section 4122 allows state and local governmental entities to issue tax credit bonds in order to finance natural gas vehicle projects.
L2 Chargers Save You Money We all know that EVs are better for the environment and an investment for the future, but what effect does EV charging have on our finances? In one International Council on Clean Transportation (ICCT) study on installation costs , the average cost of installing a single networked L2 charger was $2,836.
The company has sold some 950 buses to transit agencies, airports, universities, national parks and private companies in 43 states and provinces. The Proterra Energy division offers a turnkey electrification solution for fleets, including financing, charging infrastructure and maintenance. There’s a financing element as well.
Once the capital costs of setting up the facility are recouped, about ten years in this case, all they have are maintenance and operational costs since the energy source is essentially free forever. Mr. Agassi has raised $200 million in private financing for his idea. It’s a little bit more complex than that, but not much.
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