Wednesday, November 25th, 2009
The U.S. Department of Energy (DOE) today announced the award of $3.3 million in grants for four U.S.-Israel cooperative clean energy projects. The projects were selected by the BIRD Foundation and will be funded by the DOE and Israel’s Ministry of National Infrastructures.
The four projects will leverage private sector cost-share for a total project value of $11.6 million:
HelioFocus Ltd., based in Ness Ziona, Israel and Capstone Turbine Corporation, based in Chatsworth, California have been selected for an award of up to $800,000. HelioFocus and Capstone Turbine will develop and commercialize a micro-turbine to produce electric power from concentrated solar energy. This project includes $2.1 million in private sector cost-share. IC Green Energy invested in HelioFocus last year, and this blog reported on HelioFocus’ cooperation with Capstone Turbine back in August 2008.
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Posted in Finance, Middle East, North America, Smart Grid, Solar, Transportation | 1 Comment »
Friday, September 25th, 2009
The U.S. Department of Energy has granted a $43 million loan to a Massachusetts-based company to prove the value of a new technology in which spinning flywheels are used to improve the efficiency of the electric grid. Beacon Power Corp. will build a 20-megawatt flywheel plant in upstate New York in which flywheels spinning up to 16,000 times per minute will act as a sort of short-term power storage system for the state’s electrical distribution system, according to the Associated Press.
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Posted in Finance, North America, Storage | 2 Comments »
Wednesday, September 2nd, 2009
Clean tech companies hoping to capitalize on the 30% Advanced Energy Manufacturing Tax Credit (48C) for re-quipping, expanding, or establishing a manufacturing facility must submit a preliminary application for Department of Energy (DOE) recommendation by September 16, 2009. The federal government has allocated $2.3 billion for this credit. If the limitation is reached during the first allocation round (2009-2010), then no further credit will be permitted.
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Posted in Energy, Finance, Legislation, North America | No Comments »
Friday, August 28th, 2009
The future prospects of companies involved in electric vehicles continue to be greatly influenced by the support (or lack thereof) from the federal government. This week the government handed out another $300 million in funding for alternative fuel programs to Clean Cities initiatives around the country.
Of the 25 Clean Cities initiatives that received funding, 10 involved electric vehicles or vehicle charging stations. These projects will provide much-needed income to companies that produce batteries, vehicles, and charging stations. During this tight economy, even small orders such as these can provide a life line to startup companies looking for capital, as well as boost investor confidence.
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Posted in Electric Vehicles, Legislation, North America | No Comments »
Thursday, August 13th, 2009
Imagine directing traffic in Manhattan when the power is out, no one knows how to find the bridges or tunnels, and most of the drivers are speaking different languages. That scenario is similar to what smart grid company Gridpoint is up against in building software than will enable electric vehicles, charging equipment, utilities and grid operators to all get along.
Gridpoint is developing version 3 of its Smart Charging software (due to ship to customers in September) that will schedule and monitor vehicle charging while keeping track of the grid’s health. The software includes tools that enable utilities to understand how vehicles individually and in aggregate are impacting power demand. Utilities can compare recent vehicle demand on the grid with what would have happened with no control over vehicle charging to see how well their attempts at shifting the load are doing. The Smart Charging software also provides day-ahead demand projections based on previous charging data.
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Posted in Electric Vehicles, North America, Smart Grid | 1 Comment »
Wednesday, August 12th, 2009
It is understandable why some utilities might be hesitant to embrace smart grid technology. It’s expensive (Repower America says implementation will cost upwards of $400 billion) and at the same time will reduce their ability to sell their core product (energy).
Getting the utilities and regulatory agencies on board requires ample amounts of carrots (financial incentives) and sticks (limiting carbon emissions), according to energy efficiency experts Portland Energy Conservation Inc (PECI).
PECI’s new report “Wiring the Smart Grid for Energy Efficiency goes into deeply depressing detail about the many formidable challenges to implementing the smart grid. Among the toughest to tackle are that buildings are ill-equipped to participate in demand response systems, and the near total lack of interoperability today between grid equipment and building energy management tools. There’s also a lack of university and professional training programs to fill the gaping hole in HVAC engineers who can maximize energy efficiency programs.
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Posted in Building, Efficiency, Smart Grid | No Comments »
Friday, August 7th, 2009
Some automotive entrepreneurs are feeling like when it comes to getting DOE funding, it’s who, not what you know.
The $2.4 billion in federal funding for advanced battery and vehicle electrification announced this week boosted battery manufacturers that had prior relationships with the DOE, while some lesser-known innovators were left with hat in hand.
Matt Mattila, a consultant in the Rocky Mountain Institute’s Mobility and Vehicle Efficiency Practice says the money “went to the old guard” and left out new EV companies such as Aptera where “$100 million could make or break them.”
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Posted in Electric Vehicles, Finance, North America, Storage | 2 Comments »
Thursday, August 6th, 2009
The Obama administration is hoping that $1.5 billion will finally be enough to make the U.S. a player in the global manufacturing of advanced batteries, which until now has been dominated by Asia.
Since most of the hybrids sold to date have been from Japanese manufacturers (with Toyota and Honda leading the way), it’s no surprise that the batteries that power their electric drive trains are also mostly from Japan. However, Ford has been purchasing batteries for its Escape Hybrid from Sanyo, and GM is buying batteries from Korean company LG Chem for the upcoming Chevrolet Volt. GM had been buying batteries for its hybrids from troubled U.S.-based Cobasys, which was just acquired by Japan’s Samsung.
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Posted in Electric Vehicles, Finance, North America, Storage | No Comments »
Wednesday, June 10th, 2009
Do yourself a favor by visiting NPR.org and downloading the first hour of the last Science Friday. A really intelligent discussion of the future of nuclear energy in the US ranged from the waste storage issue to microreactor technology to financing.
Even the geekiest of Green Nerds probably needs some time away from green tech talk a few minutes a day, especially with all the slop that is bombarding us these days at checkout counters, in brand campaigns and on the nightly news. So, I know the last thing you want to do is head out for that morning run, pop in the ear buds and have a clean tech podcast as your accompaniment; but, the conversation here – which included an MIT Prof and former DOE Under Secretary (Moniz), a NRDC egghead (Cochran) and a scientist – is worth your time.
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Posted in North America, Nuclear | No Comments »
Wednesday, May 27th, 2009
While coal-fueled power plants are directly responsible for roughly one-third of our CO2 emissions, the DOE indicates that coal is expected to dominate our domestic power generation at least for the next 25 years. Globally, the increased demand for coal-fueled electricity will translate into a 57% rise in related CO2 emissions by 2030 according to the IEA.
One technology that attempts to solve the CO2 emissions crisis is carbon capture and storage, or CCS. Generally speaking, CCS captures the CO2 emissions from coal power plants and other industrial sites and injects the CO2 into underground porous rock formations in hopes of permanent sequestration.
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Posted in Carbon Capture, Featured | 7 Comments »
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