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In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. Electric grids require balance in order to function properly. Energy storage on the grid is reaching a turning point. Earlier post.).
The $787-billion stimulus bill (HR 1, the American Recovery and Reinvestment Act) that emerged from the joint House-Senate conference committee this week provides funds for a large range of transportation-related projects. A 10% credit, up to a maximum of $4,000, for the cost of converting any motor vehicle into a qualified PHEV.
The study focused on a portfolio of powertrains: BEVs, FCEVs, PHEVs and ICEs, taking into account significant advances in ICE technology between now and 2020. A world skewed towards electric powertrains (25% FCEVs, 35% BEVs, 35% PHEVs, 5% ICEs). A world skewed towards FCEVs (50% FCEVs, 25% BEVs, 20% PHEVs, 5% ICEs).
Among the findings of the survey: Approximately one-third (33.8%) of respondents felt the lack of investment to modernize the grid is a primary roadblock preventing the widespread support of EVs. 19% of those surveyed indicated the government should bear the primary burden of developing and funding an EV infrastructure or smart grid.
A123Systems has raised $69 million from GE and other investors to accelerate the expansion of its US lithium-ion battery manufacturing and smart grid capabilities. The funding will also support A123’s efforts to develop applications for the smart grid, such as utility-scale energy storage. Earlier post.) Earlier post.)
A powerful roster of key industry players in the rapidly evolving electric vehicle arena will come together at Infocast’s Opportunities in Grid-Connected Mobility in San Francisco, California. A key goal of the Obama administration is to have one million ‘PHEVs’ or a fully electric vehicle on the road by 2015.
Department of Energys Transportation Electrification stimulus program for a federal grant that would enable a nationwide demonstration fleet with the United States Postal Service (USPS) * Potential partnership with USPS to include infrastructure support from ConEd, Duke Energy, DTE Energy and Electric Power Research Institute (EPRI) Washington, D.C.,
But this still doesn’t take away from a 47% EV market share, more than double 2019’s, and also a sharp shift in composition from a plug-in hybrid (PHEV) dominated island to an evenly balanced 2020 mix (yes, there are points for that too). Sure, 2x more people live within Seattle city limits than in all of Iceland’s huge expanses.
The Three Prongs of the “Green&# Energy Stimulus Pa. Millions will plug-in their electric vehicles (EV), plug-in hybrids (PHEV) and fuel cell vehicles (FCV) at night when electricity is cheap, then plug-in during the day when energy is expensive and sell those extra electrons at a profit.
Analysts Say No First Up for Google Ventures: Silver Spring’s Smart Grid » Comments & Trackbacks I don’t want to wait for my car to charge. PHEVs/EREVs can fill the gap and provide a cheaper alternative to BEVs until battery prices decline enough to take out the ICE. Digg Stumble Reddit del.icio.us Earth2Tech [.]…
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