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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
Union Pacific Railroad plans to purchase 20 battery-electric locomotives for testing in yard operations. The combined purchases and upgrades to yard infrastructure are expected to exceed $100 million, representing the largest investment in battery-electric technology by a US Class I railroad.
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. ”.
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”.
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.
The Pennsylvania Department of Environmental Protection (DEP) began accepting applications 1 December for its Natural Gas Vehicle Grant program, which will provide up to $20 milli on over the next three years to help pay for the incremental purchase and conversion costs of heavy-duty natural gas fleet vehicles.
The California Energy Commission approved funding of $2,604,000 to help bring more buses and trucks powered by natural gas to the state’s highways. The awards are expected to support the purchase of more than 125 new natural gas vehicles; funding comes from the Commission’s Alternative and Renewable Fuel and Vehicle Technology Program.
EnerG2 , a manufacturer of advanced carbon materials for next-generation energy storage (generally for batteries and ultracapacitors), has leveraged its polymer chemistry technologies to develop materials for adsorbed natural gas (ANG) applications. Low-pressure compressors are a fraction of the cost of high compression systems.
A recent study from Technische Universität Dresden (TU Dresden) commissioned by the Greens/European Free Allianace (EFA) in the European Parliament concluded that the cars used within the EU-27 externalize up to about €373 billion (US$493 billion) per year (high estimate) of costs on to other people, other regions and other generations.
MIT and the IEA both have newly released reports exploring the potential for and impact of a major expansion in global usage of natural gas, given the current re-evaluation of global supplies. The IEA takes a more conventional approach, assessing the impact on the penetration of vehicles burning gas as their fuel. Earlier post.)
has purchased 35 Class 8 Volvo trucks that operate on compressed natural gas (CNG). To power the new trucks, Trillium CNG, a provider of compressed natural gas fueling solutions, built and will operate a fast-fill CNG station at SUPERVALU’s Mechanicsville distribution center. SUPERVALU INC.
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. by Michael Sivak.
A new University of Michigan study finds that making the switch to all-electric mail-delivery vehicles would lead to far greater reductions in greenhouse gas emissions than previously estimated by the US Postal Service (USPS). The NGDV program calls for the purchase of up to 165,000 new mail delivery trucks over the next decade.
By operating the all-electric TRUs, UNFI anticipates it will save approximately 135,000 gallons of diesel fuel per year while reducing particulate matter pollutant emissions and greenhouse gas emissions. Nearly 50 percent of UNFI’s direct greenhouse gas emissions are from our fleet of trucks and trailers.
In August 2012, coal produced 39% of US electricity, up from a low of 32% in April 2012, when the natural gas share of generation equaled that of coal. As demand for electric power moderates in the autumn months and the need for peaking generation moderates, total natural gas-fired generation decreases.
Since most of the maintenance costs of a vehicle are associated with the engine and related components, UPS expects the operating cost of the new plug-in electric vehicle to be less than a similarly equipped diesel or gasoline vehicle. UPS operates one of the largest private alternative fuel and advanced technology fleets in the US.
The pact seeks to enhance cooperation through a range of activities, including: Accounting for the costs of greenhouse gas emissions in each jurisdiction. Harmonizing 2050 targets for greenhouse gas reductions and developing mid-term targets needed to support long-term reduction goals.
has reached agreement with trucking firms to lease or purchase more than 250 new heavy-duty trucks, fueled by its Redeem RNG (renewable natural gas). In addition, truck fleets financed or purchased through Zero Now will be able to purchase Redeem fuel with a fixed discount to diesel at a significant spread.
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
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). Gregory Keoleian, Director of the Center for Sustainable Systems at the University of Michigan.
The US Environmental Protection Agency (EPA) and the US Department of Transportation (DOT) formally unveiled their joint proposal to set stronger fuel economy and greenhouse gas pollution standards for Model Year 2017-2025 passenger cars and light trucks. mpg US (5.87 L/100km) in model year 2021, and 49.6 L/100km) in model year 2025.
This factor measures the potential commitment to purchasing an EV based on voice of the customer and online behavioral data. This factor measures the proportion of new-vehicle buyers who have an EV purchase option that meets their buying needs, reflective of factors like price, manufacturer origin, segment and other inputs.
Researchers at Georgia Tech have compared medium-duty (MD) electric and diesel urban delivery trucks in terms of life-cycle energy consumption, greenhouse gas (GHG) emissions, and total cost of ownership (TCO). Is the electric truck cost-effective in comparison with the diesel truck? Which emits more GHGs? equipment)./p>.
The program funds projects to encourage the development and use of new technologies and alternative and renewable fuels, including electricity, natural gas, biomethane, hydrogen, and gasoline and diesel substitutes, such as cellulosic ethanol (derived from woody materials, including agricultural waste), and biodiesel from waste grease.
The concept is based on a natural gas-driven engine, which provides power to the electric motors. Instead of a diesel engine with a hydraulic pump, a small natural gas engine with a power generator now acts as the drive source. a gasoline, liquefied petroleum gas or diesel engine could be installed instead of a natural gas engine.
Pennsylvania has awarded more than $3 million in Fuel Incentive Grants (AFIG) to 33 companies, counties and organizations making the switch to compressed natural gas (CNG), liquefied natural gas (LNG), or propane for medium to light-weight fleet vehicles.
Houston first began using electric vehicles for the environmental benefits they offer, but now we are planning to add even more EVs to our fleet because of the cost savings they bring. Most recently, the city purchased 27 Nissan LEAF battery electric vehicles (BEVs) and has plans to steadily increase that number over the coming years.
Expanding the use of natural gas as a transportation fuel and greater use of aerodynamic devices on trailers are among the 17 overarching strategies recommended by a new National Research Council report for reducing fuel consumption by tractor-trailers, transit buses, commercial vehicles, trucks, and other medium- and heavy-duty vehicles (MHDVs).
Costs ranged from a low of 0.3% of GDP in China to nearly 6% of GDP in Saudi Arabia, where, despite two cycles of price hikes, 60% of the cost of energy products and services continued to be borne by the state. Subsidies remained sticky outside the G20 as well. Source: Baker Institute. 5 consumer of oil,” Krane said.
These leases will deliver on the pLAn’s commitment to ensure that 50% of the City’s annual light-duty vehicle purchases are EVs by 2017. This also marks a big step toward the pLAn’s longer-term target to have 80% of city vehicle fleet purchases be EVs by 2025. per mile for EVs vs. $0.37
WattPeople , a venture of THE FUNK HAUS, introduced a new interactive web application at SXSW Eco to help consumers assess the financial impact of the “SolarEV Bundle” concept, an integrated transaction in which consumers purchase a solar power system and an electric vehicle.
As part of this commitment, Metro will purchase up to 73 battery buses from Burlingame, Calif.-based Maintenance costs of all-electric buses are expected to decline versus hybrid-diesels, primarily because they have fewer moving parts. Federal funding often helps pay for Metro’s new bus purchases. based Proterra. million to $6.6
While the environmentally-conscious vehicles will save taxpayer dollars in the long run thanks to EV credits, gas savings, and low maintenance costs, some have voiced concerns over the cost of buying a Tesla.
Alstom and MOL, Hungary’s leading oil and gas company, have signed a Memorandum of Understanding to structure cooperation in examining the use of hydrogen technology in rail transportation. Alstom’s hydrogen technology has also been purchased by SNCF (France) and FNM (Italy). Operating these trains requires hydrogen refueling stations.
The transit bus replacement funds will be administered through NYSERDA’s New York Truck Voucher Incentive Program (NYTVIP), which provides point-of-sale rebates to reduce the cost for businesses and municipalities that want to purchase new, clean electric or alternative-fueled vehicles (e.g., commercial trucks and buses).
However, they do come with their own set of limitations that you should be aware of before making the purchase. In this post, we will go over some of the things you should keep in mind before purchasing an electric vehicle. The initial purchase price is higher for EVs. Even affordable EVs like the Mini Cooper cost more up front.
An analysis of the expected emissions performance and total cost of ownership for the ClearFlame business model versus diesel, CNG, BEV, and FCV options in the over-the-road heavy-duty truck market presented in this paper indicates that: The TCO of ClearFlame-based trucks could be, on average, $0.08 per mile, lower than natural gas by $0.09
Noting that higher voltage (42V) batteries were tried—and failed—more than a decade ago, Pike said that at that time, converting all onboard electronics to the higher voltage was viewed as impractical, and the cost of DC-to-DC converters was prohibitive. The natural gas glut will tamper interest in plug-in electric trucks.
The task of the committee of experts and stakeholders writing the report was (1) to identify market barriers slowing the purchase of PEVs and hindering the deployment of supporting infrastructure in the United States and (2) to recommend ways to mitigate those barriers.
Southern California Gas Co. SoCalGas) announced that new research on power-to-gas technology shows the technique holds the ability to significantly increase the use of intermittent renewable energy. to 35% by implementing a power-to-gas strategy. to 35% by implementing a power-to-gas strategy.
Eligible California residents may be able to purchase the 500e for as low as $20,500, after federal credits, state incentives and FIAT rebates are included. That’s about $200 less than the current starting price of a comparably-equipped Fiat 500 Lounge with a gas engine, the company noted. Click to enlarge.
When gas prices 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 Gas Prices Increased.
Rebates of $1,000 are offered for natural gas, propane, hydrogen or fuel-cell vehicles. DEP provides these rebates as incentives to assist Pennsylvanians with the incremental cost of purchasing an alternative fuel vehicle. A $500 rebate is available for electric motorcycles and scooters.
Boulder City, Nevada, purchased a new fleet of Tesla vehicles for its police department. The city announced the new purchase on its Facebook page , saying that although it’s a leader in energy production, it is now cutting down on fossil fuel consumption. Credit: Boulder City Police. Credit: Boulder City Police.
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