Direct current (DC) fast charging technology promises drastic reductions in the time needed to restore a battery electric vehicle (BEV) to full charge. The barriers to adoption, however, are significant: installation of DC charging stations is still more expensive than conventional alternating current (AC) systems, and slower than expected sales of electric vehicles in general have caused automakers to hesitate in embracing the most advanced technology. Nevertheless, according to a new report from Navigant Research, shipments of DC fast charging equipment will grow steadily over the remainder of this decade, reaching nearly 100,000 units a year by 2020. Continue reading
Posted in Alternative Energy, Energy, Energy Storage, Sustainability News, Technology
Tagged electric, energy, environment, environmental, sustainability, sustainable, technology
Since the launch of the Nissan Leaf and Chevrolet Volt, in late 2010, plug-in electric vehicles (PEVs) have become more widely available in Asia Pacific, North America, and Western Europe. Hybrid electric vehicles (HEVs), which first appeared a decade earlier, are now selling steadily in those regions as well. According to a new report from Pike Research, a part of Navigant’s Energy Practice, annual worldwide sales of these vehicles, collectively referred to as electric vehicles (EVs), will reach 3.8 million by 2020.
“Sales of EVs have not lived up to automakers’ expectations and politicians’ proclamations, but the market is expanding steadily as fuel prices remain high and consumers increasingly seek alternatives to internal combustion engines,” says senior research analyst Dave Hurst. “Indeed, sales of plug-in EVs will grow at a compound annual growth rate of nearly 40 percent over the remainder of the decade, while the overall auto market will expand by only two percent a year.” Continue reading
Posted in Alternative Energy, Business, Business Transportation, Energy, Energy Storage, Environment, Green Business, Home Energy, Smart Grid, Sustainability News, Technology
Tagged alternative energy, electric, electric vehicle, environmental, go green, sustainability, sustainable, technology
NEW YORK–(BUSINESS WIRE)–A newly released publication, Renewable Natural Gas (RNG): The Solution to a Major Transportation Challenge, reports that the use of renewable natural gas as a vehicle fuel is a technologically viable alternative to relying exclusively on petroleum-based fuels for transportation. The new publication was prepared by Energy Vision, a noted, national, New York-based energy research organization, and CALSTART, a California-based leader in clean transportation technologies.
“Today we can turn this country’s expensive organic waste burden into a clean vehicle fuel solution,” said Energy Vision President Joanna Underwood. “Waste biogases can also be used to generate power and heat homes; but other renewable energy sources can meet those needs. Fossil-based and renewable natural gas used as vehicle fuels are the only options for displacing significant amounts of oil. By aggressively embracing this strategy as part of an overall energy plan, the new Obama Administration and the 113th Congress can achieve measurable progress in moving toward this country’s key clean air, climate change, energy, national security, economic and job creation goals. For many reasons, RNG is just what the doctor ordered.” Continue reading
Posted in Alternative Energy, Business, Business Transportation, BusinessWire, Carbon Management, Emissions Trading, Energy, Energy Management, Energy Storage, Environment, Green Business
Tagged alternative energy, business, environment, environmental, natural gas, renewable energy
No other category of heavy duty vehicles has seen more adoption of electric drivetrains than buses. In North America, hybrid models have captured as much as 40 percent of new transit bus purchases in recent years. Electric drivetrains – whether for hybrid systems, battery electric, or fuel cell – hold appeal for the bus market for many of the same reasons they do for light duty vehicles: the promise of moving away from oil, efficiency gains, limiting greenhouse gas emissions, and, in many cases, lower operating costs. According to a recent report from Pike Research, a part of Navigant’s Energy Practice, the global market for electric drive buses is expected to grow steadily over the next six years, with a compound annual growth rate of 26 percent from 2012 to 2018. By 2018, the report concludes, more than 75,000 electric drivetrain buses will be in service around the world. Continue reading
Posted in Alternative Energy, Business, Energy, Energy Efficiency, Energy Management, Energy Storage, Fuel Cells, Green Business, Sustainability News, Technology
Tagged alternative energy, electric, environment, environmental, go green, green, green companies, sustainability, sustainable, sustainable companies, technology
Faced with pressure to reduce both the costs and the environmental impacts of their vehicles, fleet managers are seeking the most cost-effective ways to “green” their vehicle fleets while ensuring that operations continue to run smoothly. While a wide array of alternative vehicle options are now available on the market, many of them come with high upfront price premiums compared to traditional internal combustion engine (ICE) vehicles. According to a recent report from Pike Research, a part of Navigant’s Energy Practice, the low “fuel cost” (i.e. cost of charging) of electric vehicles, including both plug-in hybrid and battery electric models, brings their total cost of ownership (TCO) to below those of conventional vehicles or other types of alternative fuel vehicles, offsetting the higher average vehicle prices.
Battery electric vehicles (BEVs) offer the lowest TCO of any of the 17 vehicles compared in the report, when taking into account the federal tax credit available for electric vehicle (EV) purchases.
“One of the primary benefits of BEVs is their very high efficiency compared to conventional ICE vehicles,” says senior research analyst Lisa Jerram. “BEVs also offer higher overall fuel efficiency than conventional hybrids and low electric range plug-in hybrids. That’s a major reason why battery electric vehicles have been experiencing a resurgence of automaker and consumer interest over the past few years, particularly for fleet operations.” Continue reading
Posted in Alternative Energy, Business, Business Transportation, Energy, Energy Management, Energy Storage, Green Business, Technology
Tagged alternative energy, electric, electric vehicle, environment, environmental, renewable energy, sustainability, sustainable, sustainable companies, technology