Impact of electric vehicles in oil and gas industry As charging technology for electric vehicles (EVs) gradually takes reins from the internal combustion engine as the king of the road in the rapidly evolving energy landscape, oil and gas companies are acknowledging the rise of EVs, observes leading data and analytics company GlobalData Digitisation and … Continue reading Impact of electric vehicles in oil and gas industry
Vehicle-to-grid could be ‘capacity on wheels’ for electricity networks “There are already many Gigawatt-hours of batteries on wheels”, which could be used to provide balance and flexibility to electrical grids, if the “ultimate potential” of vehicle-to-grid (V2G) technology could be harnessed. That’s according to a panel of experts and stakeholders convened by our sister site … Continue reading Vehicle-to-grid could be ‘capacity on wheels’ for electricity networks
Second-life EV battery market to grow to $4.2 billion by 2025 Circular Energy Storage, a London-based research and consulting group, reports a strong business case for reconstituted electric vehicle batteries for energy storage applications. As the EV and static storage system markets grow rapidly, synergies could be a useful tool for continued cost optimization. According … Continue reading Second-life EV battery market to grow to $4.2 billion by 2025
Utility Companies Head Into a Cloudy Future People will always need power. Machine learning, innovation and competition are about to change a long-established industry. The world’s publicly listed utilities employed 3.7 million people, had a third of a trillion dollars in capital expenditures, and brought in $2.2 trillion in revenue in 2017. Power supply is … Continue reading Utility Companies Head Into a Cloudy Future
The Energy Companies Fighting For EV Charging Dominance Oil companies and utilities won’t dispute that electric vehicles are on the cusp of becoming mass market. Their battle will be more over which business will dominate the booming charging infrastructure that will go along with it. BP and Shell have charging company acquisitions in the works, … Continue reading The Energy Companies Fighting For EV Charging Dominance
Energy sector must embrace the opportunities of EVs “There are plenty of challenges for the industry when it comes to EVs” A recent report by the Society of Motor Manufacturers and Traders showed that consumer adoption of electric vehicles (EVs) in the UK is surging. EV registrations range between 1.3 and 2.9 per cent each … Continue reading Energy sector must embrace the opportunities of EVs
EVs Could Save California Billions in Energy Storage Investment Strategic EV charging could ease the “duck curve” more than California’s energy storage mandate, according to DOE researchers. Electric vehicles could become a vital asset for California grid operators who are struggling to bring more renewables online. The state’s rapid adoption of solar power is contributing … Continue reading EVs Could Save #California Billions in Energy Storage Investment
Utilities join with Tesla to sue EPA over fuel standard rollback Electric vehicles are a key area of growth for electric utilities, many of which have seen their power demand stagnate or decline since the 2008 recession. Charging an EV, experts say, typically doubles the electricity consumption of a small residential customer. But EV proponents … Continue reading Utilities join with #Tesla to sue EPA over fuel standard rollback
Utilities must adapt before electric cars drive off with their business Recent advancements in energy technology should come as a wake-up call to Canadian utility companies. The rise of electric vehicles (EVs) in particular is already an indicator of change as batteries become more affordable, ubiquitous and desirable. According to the World Energy Markets Observatory … Continue reading Utilities must adapt before electric cars drive off with their business
Using Flywheel Batteries to Charge Electric Vehicles in Ten Minutes Chakratec Ltd., an Israel-based battery startup, raises $4.4 million as it tackles some of the last obstacles holding back electric cars Even as electric vehicles appear to be on the verge of going mainstream, there are at least two major roadblocks holding back the technology. … Continue reading Using Flywheel Batteries to Charge Electric Vehicles in Ten Minutes
For more information call 1-855-GET-INNOTAP (1-855-438-4666) or contact us by form or email us today!
