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The US Energy Information Administration (EIA) forecasts that prices in US wholesale electricity markets this summer will significantly increase over last summer’s prices. EIA forecasts summer electricityprices will average $98/MWh in California’s CAISO market and $90/MWh in the ERCOT market in Texas.
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
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.
Based on an analysis of various cost of ownership scenarios for various drivetrains, including internal combustion engine (ICE) gasoline and diesel; hybrid (HEV); battery-electric (EV); plug-in hybrid electric (PHEV); and fuel cell vehicles, Lux Research concludes that fuel cell vehicles (FCVs) are “ solidly in a laggard position. ”.
Owning a plug-in electric vehicle today will save consumers thousands of dollars compared to owning a gas-powered vehicle, according to a new analysis by Consumer Reports comparing electrics to CR’s top-rated vehicles, as well as the best-selling, most efficient, and best-performing gasoline-powered vehicles on the market.
Researchers from Carnegie Mellon University and the University of Pittsburgh have found that the air pollution and greenhouse gascosts of shipping crude by rail are nearly twice as large as those for oil pipelines. Air pollution and greenhouse gas damages for transportation by railroad and pipelines to the gulf coast.
The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. The latter cost at $74 and $81 per MWh, respectively.
Southern California Gas Co. SoCalGas) will lower the price of compressed natural gas at all of its 13 public access natural gas vehicle fueling stations by $0.26 Under the program, fuels that help lower GHG emissions, such as natural gas, generate LCFS credits. per gallon, and the average cost of diesel was $3.73
The operating costs associated with electric vehicles are roughly one-third those of their gas-powered counterparts. 4 Without safety drivers, Tesla has suggested that, at scale, its robotaxi rides will cost consumers only $0.30-0.40 cents per mile, 5 slightly higher than ARK’s estimate of ~$0.25
The number of battery-electric buses ordered in Europe more than doubled in 2017 compared to 2016, reaching 1,031 vehicles, according to a new analysis by environmental NGO Transport & Environment. The are currently about 1,600 electric buses are on European roads, with another 1,600 on order (as of mid-2018). VDL: 500 units.
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.
The falling cost of making hydrogen from wind and solar power offers a promising route to cutting emissions in some of the most fossil-fuel-dependent sectors of the economy, such as steel, heavy-duty vehicles, shipping and cement, according to a new report from BloombergNEF (BNEF). Abatement cost with hydrogen at $1/kg (7.4/MMBtu).
A study based on a spatial and longitudinal travel dataset by a team from Lamar University, Iowa State University and Oak Ridge National Laboratory found that whether plug-in hybrids (PHEVs) have lower energy costs that conventional gasoline vehicles (CGVs) or hybrid-electric vehicles (HEVs) depends on charger coverage. 2013.12.054.
In a new report produced at the request of Senator Chuck Schumer (D-NY) and Senator Sherrod Brown (D-OH), the Center for Transportation and the Environment (CTE) concluded that a the entire US transit fleet could transition to zero-emission vehicles (ZEVs) by 2035 at a cost of between $56.22 billion and $88.91 billion on the low end and $60.02
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. … —Rosner et al. Simplified flowsheet of the integrated hydrogen-based DRI steel mill. Rosner et al.
The recovery of energy demand in 2021 was compounded by adverse weather and energy market conditions—notably the spikes in natural gasprices—which led to more coal being burned despite renewable power generation registering its largest growth to date. billion tonnes. billion tonnes.
This expansion of our product offering enables zero-carbon electricity and transportation solutions. Bloom Energy announced in June 2019 that its fuel cells could run on hydrogen to generate zero-carbon electricity. Bloom Energy Servers reversed this process by taking in fuel and air to generate electricity.
The study provides a comprehensive analysis of the cost and greenhouse gas (GHG) emissions of a variety of vehicle-fuel pathways; the levelized cost of driving (LCD); and the cost of avoided GHG emissions. Cost assessments represent a final cost/price to the consumer, excluding taxes on the final product (e.g.,
They also found that the total costs of ownership (TCO) of the electric and diesel trucks are similar. Over an array of possible conditions, the median TCO of electric trucks is 22% less than that of diesel trucks on the NYCC. Battery replacement along with EVSE will also greatly affect the relative TCO of the electric truck.
This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. NEO 2018 sees $11.5 Coal emerges as the biggest loser in the long run.
FLECCS project teams will work to develop carbon capture and storage (CCS) processes that better enable technologies, such as natural gas power generators, to be responsive to grid conditions in a high variable renewable energy (VRE) penetration environment. The team’s approach uses a novel and low-cost heat-pump thermal storage system.
In countries that choose to continue or increase their use of nuclear power, it can reduce reliance on imported fossil fuels, cut carbon dioxide emissions and enable electricity systems to integrate higher shares of solar and wind power. However, a new era for nuclear power is by no means guaranteed.
These fuel economy levels are achieved based on a sustained 4%–6% annual reduction of fuel use per mile with incremental technology additions that do not compromise vehicle size or utility at an incremental cost of $800–$1,300 from 2025 to 2030. Previous costs of compliance have been greatly overestimated. Source: The ICCT.
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.
Anticipated price hikes for coal and natural gas could lead to increase use of renewable energy in electricity generation, making both the grid and EVs cleaner, according to new United States Energy Information Administration (EIA) analysis.
After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. Low-carbon gas.
Tesla is reportedly seeing increased order rates in the United States this week after soaring gasprices have helped some drivers transition to electric vehicles to avoid paying astronomical amounts at the pump. more than prices were a year ago. gas and oil production. need to increase oil and gas production.
Mixing in biogas produces hydrogen-enriched compressed natural gas (HCNG)—a cost-effective, environmentally friendly fuel for vehicles that also generates electricity and heat. The process uses electricity to split wastewater obtained from biogas, sewage treatment and industrial plants into oxygen and hydrogen.
Bollinger Motors has unveiled its DELIVER-E all-electric delivery van concept. The DELIVER-E leverages the engineering, technology, and components used in the company’s product portfolio to deploy an electric van tailored for the delivery market.
California’s current strategy of recovering a myriad of fixed costs in electricity usage rates must change as the state uses more renewable electricity to power buildings and vehicles, according to the findings from a new report from the Energy Institute at the UC Berkeley Haas School of Business and non-profit think tank Next 10.
Sales of plug-in vehicles (PEVs) in 2013 will continue to outpace the first years of hybrid vehicle sales as more than 210,000 PEVs will be sold globally and more than three dozen PEV models will debut, according to a year-end free whitepaper published by Pike Research, that makes 10 specific predictions about electric vehicles in 2013.
They used currently achievable performance levels for the system components—electrolyzers and the Fischer−Tropsch process—to compute key metrics, including (i) cost of the synthetic fuel; (ii) well-to-gate CO 2 emissions; and (iii) overall energy efficiency. —Li et al. Stubbins, and Paul J. 6b00665.
President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also called on states to suspend their state gas taxes as well or to find other ways to deliver some relief.
The “packaging” of the hydrogen together with the transport distance, the amount to be imported, final use, and availability of infrastructure defines the final cost of the hydrogen delivery. One of the options to enable long-distance transport of hydrogen is the repurposing of existing natural gas pipelines for hydrogen use.
The increased carbon efficiency is possible because the water gas shift reaction is avoided and instead a reversed water gas shift is introduced to convert CO 2 to CO. The required electrical power for the extra production is estimated to be 11.6?kWh C the electric energy may be reduced to 9.5?kWh Resources. Hillestad, M.
Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Consequently, the US economy grew 1.9% in 2022, down from a 5.7% GDP increase in 2021. compared to the previous year.
In an open-access study published in the journal Sustainable Cities and Society , Francesco Orsi, of the Landscape Architecture and Spatial Planning Group, Wageningen University & Research, the Netherlands, suggests that widespread adoption of electric vehicles may have a negative impact on land use. —Orsi (2021). 2020.102680.
Researchers from the Technical University of Denmark and Haldor Topsoe, with colleagues from the Danish Technological Institute and Sintex have developed a “ disruptive approach to a fundamental process ” by integrating an electrically heated catalytic structure directly into a steam-methane–reforming (SMR) reactor for hydrogen production.
A study published by the Centre on Regulation in Europe (CERRE) has explored the possible impact of increased electrification of road transportation and domestic heating and cooking on the energy system (electricity and gas), as well as on CO 2 emissions and on GDP.
The resulting CNT wool is of length suitable for weaving into carbon composites and textiles and is highly conductive; the calculated cost to produce the CNTs is approximately $660 per ton, compared to the current $100,000+ per ton price range of CNTs. The process is constrained by the (low) cost of electricity.
When gasprices are on the rise, it had a big impact on the type of vehicles that people were buying. The Cost of Gas Has a Big Impact on Vehicle Choice. But for many people, one of the most important considerations is the cost of gasoline. SUV and Truck Sales Decreased as GasPrices Increased.
In a paper in Nature , they suggest that the use of such redox-active organic molecules instead of redox-active metals represents a new and promising direction for realizing massive electrical energy storage at greatly reduced cost. —Huskinson et al. Background.
million electric vehicles in its service areas by 2030. Electric vehicles are the next frontier in the clean energy transition, and we are committed to making charging EVs easy, convenient and affordable for customers. Utility holding company Xcel Energy wants 1.5 Powering 1.5
The main barrier to widespread EV adoption, from a car buyer’s standpoint, is a very simple one: they cost more to buy than legacy vehicles. On a total cost of ownership basis, owning an EV is often actually cheaper than owning a gas-burner, as numerous studies have demonstrated (Would you believe it can be cheaper […]
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