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Energy

Main associates of Hyundai to join the electric market as long-term providers turn to outsiders 

 

SEOUL (Reuters): As Tesla Inc. hurries to shift to electric vehicles, Hyundai loyal providers have decided to turn to outsiders to provide motor parts. However, Mobis, an automaker and a supplying entity based in South Korea, has decided to muscle into the game. 

That type of decision is a direct answer to Volkswagen and Tesla’s entities as they fight for providers that Hyundai has worked for many past years. Ahn Byung-ki, an assistant leader of the electric power train venture at Hyundai Mobis, stated that the entity is not able to provide for other entities since it is monitoring Hyundai’s progress. Byung-ki added that the overall price would reduce if the firm continues to sell to other outside entities.  As a result, global firms, Hyundai being one of them, will be significantly affected. 

Chung Mong-Koo, the chairman of Hyundai Motor Group, is the main stakeholder of Hyundai Mobis, enabling it to receive over 90% of its revenue from the mothership. Ahn Byung-ki stated that reducing electric vehicles’ cost is crucial to compete with cheaper gasoline without financial support since Chinese competitors have left Hyundai and Tesla out of the list. 

Mobis hopes to win the tender from two of global carmakers before this year ends. If it wins the deal, the firm will have the opportunity to supply electric power trains. However, the entity has been a provider of other electric cars to Fiat – Chrysler, among other companies. Hyundai providers can decide to exploit the longtime experience of Hyundai to make eco-friendly vehicles. As a result, Hyundai providers will be the leaders, followed by European entities that have places they focus majorly on diesel. 

According to researcher LMC Automotive, Hyundai Motors and Kia Motors appear as the third position on international electric battery sales in 2019. Tesla and Renault-Nissan were the leaders in electric battery sales. Euisen Chung, the heir of Hyundai Motor Group and de facto chairman, confirmed Hyundai’s goal, where it aims to have over 10% electric vehicles on the global market in the next five years. 

Hyundai Glovis Co Ltd, an affiliate of Logistics, counts Euisun Chung as its main stakeholder. It has also enlarged the territory to fish more customers from Hyundai to Tesla and Volkswagen to convey transport cars across the globe. 

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Energy

Hydrogen-powered by solar energy to be sold below $2/kg by the year 2030

Scientists from the Massachusetts Institute of Technology have unveiled regions that can generate hydrogen via the photovoltaic electrolysis process in the U.S. By the end of the decade, and it will have costs varying from $1.90 per kilogram to $4.20 per kilogram.

In some regions of the United States, Green Hydrogen production might become cost-competitive as opposed to blue hydrogen at the end of the decade. The Massachusetts Institute of Technology researchers assert that electrolysis powered by solar for hydrogen generation could cost about $2.50 per kilogram or even less by the end of the decade. 

The scientists provided a prototype of an isolated PV-H2 structure with no link with the power grid, and it will sell extra energy or purchase electricity during the rainy season. Any existing system may be linked to or not; however, the analysis provides a limited case. Off-grid Photovoltaic powered electrolysis is a good option since it will be exposed to intra-day and intra-year energy cost volatility.  

The proposed prototype 

In the projected prototype, scientists optimized photovoltaic, electrolysis, energy storage, and other components responsible for stability to facilitate total hydrogen production. Simultaneously, deviation in time during photovoltaic output throughout the year will differ among the considerations on board. 

The only way to accomplish the model is by resolving an incorporated blueprint and operations optimization model in the entire year. The outline will evaluate the trade-offs between energy storage or hydrogen and the emerging impact on stable prices. The researchers carried out a spatial examination of stable solar-powered hydrogen production costs in the United States as it considered the price each part will cost, parameters, and other factors of the structure.  

The scenario reflects a decrease in electrolysis price from the current $800/kW to $500/kW by 2030. The picture entails a surge in electrolysis efficiency that anticipates progress from 58% to 70%, basing on a lower heating value (LHV).  Also, there is a reduction in capital expenses for the pressure structure of storing hydrogen compared to this year’s costs. 

The scientists stated that the availability of affordable geological storage makes it competent to use photovoltaic electricity at any time it is required. As a result, a structure with environmental hydrogen leads to a substantial relative electrolyzer in size.  The electrolyzer will have a lower photovoltaic installed capacity with massive hydrogen storage instead of other models with a costly hydrogen pressure structure.  

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Energy

Dominion Energy obtains 62.5-MW Cypress Creek Renewables solar scheme

Dominion Energy has obtained the 62.5 MW Madison Solar producing facility from Cypress Creek Renewables in Orange County, Virginia. The project that is set to be managed by Dominion Energy’s contracted assets arm and collected all appropriate state and local licenses is anticipated to be operational sometime in the year 2022.

Northrop Grumman, based in Falls Church, is an aerospace and defense technology firm that will receive the power generated at Madison Solar and the credits of renewable energy for a long-period contract. Northrop Grumman expects that the facility will offer sufficient renewable energy to the grid that will match 100 percent electricity use of Virginia manufacturing and office operations.  

Sandra Evers-Manly, who is the Vice President of Global corporate responsibility, Northrop Grumman, confirmed that Northrop Grumman has a long-term dedication to environmental sustainability and the reductions of greenhouse gas emissions. She added that the project would play a vital role in the forthcoming generation for their climate-related inscriptions as they look past their 2020 goals.

As a segment of the Virginia Clean Economic Acts obligation for 100 percent carbon-free electricity by 2045, in the next 15 years, Dominion Energy intends to add close to 16,000MW of solar-generated capability via company-owned power and projects purchase contracts signed with Virginia’s third-party developers. Robert Blue, the executive VP, and co-chief operating officer at Dominion, stated that they could add more renewables and produce cleaner electricity if they could help their consumers, both big and small. He said that with that said and done, it is automatically a win for their customers and the whole Commonwealth of Virginia.

It has also achieved its set 2018 aim of online delivery, commencing development on, or signing deals for 3,000 MW of wind and solar-generated capacity in Virginia before 2022. S&P Global Market Intelligence rated the company’s solar portfolio 3rd amongst utility holding firms in the United States of America.

Cassidy DeLine, the VP of project finance at Cypress Creek Renewables, stated that their mission of energizing a sustainable future a project at a time leads them to create valuable projects and partnerships. He added that their collaboration with Northrop Grumman and Dominion on the Madison project strengthens their dedication to developing solar in the country’s biggest comprehensive market. Around 660 land acres along State Route 20 in Locust Grove are bought to situate the development of power.

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Energy

Land transport operators points at the increasing interest in EVs

Jakarta: Mainland transport operators of Indonesia have shown their interest in energy-saving electric motors; however, the government might need to address the issues of staggering costs in the market. That was the crucial key from a previous extract that pertained to Blue Bird, a renowned taxi firm in the country, Damri, the oldest public bus operator and TransJakarta, the city bus operator run by the municipal council as well as Bakrie Autoparts, electric bus distributor. 

In a statement made by Prayoga Wiradisuria, the chief leader of electric vehicles at Blue Bird, the number of electric cars will increase at large since the majority of customers use them for transportation purposes. 

Blue Bird is the first bus operator in Indonesia to get electric vehicles, and currently, it operates 29 electric vehicles of Chinese BYD and American Tesla brands. 

Blue Bird took its time before opting to purchase electric vehicles and commencing its operations last year. The commercial applications of electric vehicles such as Taxi are dynamic, and it will extend further, making other entities follow suit. 

However, for the growth of electric vehicles, a prominent government must give its support, regulations regarding electricity tariffs, availability of charging points, and import duties. 

Currently, Damri has no electric vehicles in its groups. However, Setia Milatia Moemin, Chief Director of Damri, confirmed the availability of electric cars soon.  

Covid-19 has been a great block to the business’s success and growth; however, Damri has stated its plans for purchasing electric vehicles. 

Setia asserted that the plans would remain unchanged, except that of changing their policies on their timetable. Damri’s main ambition is to operate electric vehicles soon. 

The entity recruited a consultant company to plan for a business examination on the use of electric buses since they agreed that it would be excellent by benefit. 

The actual truth is that electric vehicles cost more; however, they bear a good portion of the profit for a more extended period. All the company wants is to get support from the government to make the whole process successful. 

In 2019, President Joko Widodo declared a significant surge in the number of electric vehicles used in public transport. 

Another entity that obtained electric vehicles is TransJakarta. Currently, it is on its exercise of three months. During the training, the BYD conveyed customers between City Hall and Blok M commercial center- the busiest roads of TransJakarta. 

The buses have been legalized and are eligible to operate on any routes of the streets. 

The participation of the entity in an electric vehicle business will aid in fighting problems related to pollution. 

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Energy

Black Horse Carriers and Penske Truck Leasing working on a program to launch EV trucks

Black Horse Carriers are collaborating with Penske Truck Leasing in a project that will develop electric vehicles. The companies are preparing to deploy the battery-electric Freightliner eCascadia into the Black Horse Carriers fleet. Penske additionally offers its EV trucks to this fleet operator to supply goods to various grocery stores all over the region of Southern California.

The senior vice president of acquisition and fleet planning at Penske Truck Leasing, Paul Rosa, stated that they are launching the electric vehicle units to consumers faster, especially now that they have the technology to produce the EVs. He added that the objective they are working on currently is to develop more electric vehicles for customer consumption so that they remain relevant in the fleet transportation industry.

The truck operates for six days in a week, making four deliveries daily. The inception of the car into the fleet has been spectacular with optimistic comments from the drivers. The comments are worthy, given the reliability and capability of these trucks.

The fleet manager at Black Horse Carriers, Brad Kacsh, admitted that the electric vehicles had been a substantive addition to their fleet. Some of the exhilarating gains that he noticed about the electric vehicles include state-of-the-art technology, reduced carbon emissions, and a comfortable journey for the drivers. The feedback from the grocery stores that the EV trucks serve is excellent.

Two years ago, Penske Truck Leasing and Daimler Trucks North America admitted to a contract to tryout the commercial EV truck from Daimler’s Freightliner brand intending to expound on this technology. In the following year, Penske obtained a stock of the eCascadia vehicles. The company witnessed a milestone sale of 10000 trucks, thereby enjoying high proceeds from the sales.

The current exploit receives funding from the South Coast Air Quality Management District (South Coast AQMD), with the notable aids being the $16.8 million grant. South Coast AQMD keenly supports such programs to escalate the air quality in various areas like Los Angeles, Riverside, Coachella Valley, Orange County, and San Bernardino County.

Penske monitors the air quality in these regions as well as to conduct maintenance services in the facilities.

Finally, Penske offers transport services with over 327000 vehicles operating in over 1000 facilities across a variety of continents except for Africa, where the electric cars are yet to reach on a substantial scale. Other services that Penske offers are truck renting, warehousing, and supply chain management services.

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Energy

CPS Energy is developing a marvelous plan that facilitates the exploration of renewable energy

The state-owned CPS Energy, which delivers both electric and gas utilities in the United States, is preparing to expand its product line and supply energy to the country’s fast-advancing regions.

This facility is in San Antonio and plans to inquire via the Request for Information (RFI) to establish the Request for Proposal (RFP) to integrate low-emission production and demand-engineered resources into the strategic Flexible Path mission. 

The RFI entails developing two strategic CPS Energy initiatives known as the FlexPOWER Bundle and the FlexSTEP. The FlexPOWER Bundle is the advanced initiative in the Flexible Path vision that is going to modify the energy production technology that minimizes emissions for the coming ten years.

The data procured via the RFI procedure will enable CPS Energy to attract investors through the long-term proposal facilitating the inauguration of the FlexPOWER Bundle. This Bundle package that focuses on potential technologies will deliver 1700 MW of power to meet the expanding metropolitan region’s demand. The FlexPOWER Bundle RFP will be topping up the industry with 900 MW of solar, 500 MW of advanced technology solutions, and 50 MW of battery storage.

The RFI delves into finding innovative concepts and technologies to meet the next generation of energy programs that will implement the Save for Tomorrow Energy Plan (STEP). STEP is a program; a customer initiative plan that devises the minimization of energy consumption by focusing on energy efficiency, adoption of renewable energy, and conservation.

The plan’s objective is to conserve 771 MW of power that equates to a power plant for the next decade. The achievement of this objective last year has facilitated the alteration of the firm’s plan.

CPS Energy is finalizing the STEP Bridge initiative while designing another futuristic mission of STEP called FlexSTEP. FlexSTEP is configuring to reach the demands of its customers and generate new energy-saving technologies.

The chief executive of CPS Energy, Paula Gold-Williams, states that their plan will join other worldwide energy innovators whose plans go line in line with their Flexible Path. She reiterates that they are taking in the elite minds to innovate energy technology that delivers on the details obtained via the RFI. 

The mayor of San Antonio, Ron Nirenberg, explains that the FlexPOWER Bundle strategy is a delight. He lauds the efforts by CPS Energy to create job opportunities for the innovative youth, adding that the power technology will create a delightful landscape for this state.

Finally, Nirenberg is confident that CPS Energy will create competition for other firms and motivate them to evaluate technology that delivers efficient energy. 

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Energy

The rollout of the electric vehicles in the Chinese auto market

Nissan has released the Ariya, and this SUV is an entirely electric vehicle. It is the first creation by Nissan in its line of electric vehicles that boasts of a modified performance among the other brands in this Japanese automaker. 

The Nissan CEO Makoto Uchida terms the Ariya model the new face of Nissan after launching the model this month in their Japan headquarters. The firm hopes to sell this brand in China even with the stiff competition from the locally accredited Tesla. 

Tesla is the bestseller electric vehicle company in China after topping the country’s auto market. The Tesla chief executive Elon Musk is ambitious and explosive to the extent that the firm has a spacious production facility in Shanghai, which adds to its international reputation. 

The Tesla Gigafactory 3 in Shanghai is a development intended for designing more Model Y cars for Chinese customers. This facility is worth $2 billion and anticipates to create 250000 Model 3s annually. The car suits the geographical landscape of China. 

However, Nissan recorded a global loss of $380 million for the financial year ending in March, the lowest performance ever since the other high in 2009. Nissan has a vital four-year strategy that can grow its profitability as an EV producer. This strategy involves the inauguration of eight new electric vehicle models in the next three years. 

Nissan sees China as the potential market since their government offers subsidies and incentives for the customers and manufacturers of electric vehicles. Consequently, the Chinese EV market is exhilarating, with over 3 million units in sales last year compared to the US’s 1.4 million. 

With the Chinese government dedicated efforts to revolutionize their auto industry with incentives and subsidies for the EV, the challenge narrows down to the lousy charging infrastructure. The massive landscape of China creates demand for public charging stations everywhere. 

The insufficient number of public charging infrastructure impedes the maximum inception of electric vehicles among the automobile fanatics worldwide. This challenge results in the consumers resorting to hybrids just in case the charging stations are scarce. 

Another visible market opportunity is Thailand, whose government is drafting policies to switch the country to the regional market for Evs by 2025. The advantage of this move is that the country has sufficient charging stations to deploy electric vehicles in the country. 

Finally, the Thai government’s regulations will facilitate the launch of electric motorcycles, buses, and sedans. Thailand is hopeful that it can deliver a minimum of 750000 EVs before the end of the upcoming decade to phase out the ICE cars in its automotive industry. 

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Energy

The usage of electric vehicles is on the rise. However, who will be in charge during the changeover?

Under new regulations now in place to minimize carbon pollution from power plants, Virginia officials are setting the groundwork for addressing a much more obscure origin of emissions: cars.

Nearly half of the commonwealth’s carbon dioxide emissions can all directly trace to transport — vehicles, aircraft, and trucks as well. Unlike the electric grid that’s dominated by a few significant players, automobile travel is entangled with millions of Americans’ lives and livelihoods. It provides politicians trying to delay climate disruption with a formidable task: to convince citizens’ ranks to alter their habits or to try to radically reshape the contours of a culture that has been unwilling to invest in public transportation for decades.

Electrification has proven to be a convenient means of threading the needle. For drivers, electric vehicles can also be switched relatively easily to gasoline-powered cars. Battery processing advances push prices down gradually. And in a period of an impending recession, the promise of a growing economic sector is especially enticing.

Most significantly, they work when the aim is to cut carbon emissions. Chris Bast, the deputy director at the Virginia Department of Environmental Quality, said that a Virginia electric vehicle is about 75 percent safer than one powered by gasoline.  He further added that in the very coal-heavy regions of the South, plug in an electric car is more reliable than driving for the atmosphere on fuel.

When it applies to charge points, the utilities themselves tend to be in a position to play a part in the industry but not dominate it. When the use of electric vehicles increases, demand on the grid rises too. Nonetheless, many proponents for electrification and the utilities themselves claim that if the use of EV combines with electric prices that allow drivers to recharge their cars throughout hours, whenever the demand is weak, the entire network can see gains.

Regulators would not be automatically obliged to explain all of their concerns about electric cars. However, the docket released this spring reveals their expectation that they’ll face several policy problems related to EVs relatively soon.

In conclusion, the 2020 session witnessed only limited progress on electric cars, with lawmakers concentrating more on power generation and service companies. Some of the laws that made the General Assembly explicit were to order a report and specific task on the viability of an incentive system for electric vehicles.

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Energy

Norway sets a record on the electric car as battery automobile slightest hurt by the Coronavirus predicament

Clean electric vehicles made up nearly half of Norway car sales in the first half of the year 2020, in a globe record as battery-energized cars undergo less than fossil-fueled opponents in the economic decline led by COVID-19 pandemic. 

Globally, car sales have decreased in 2020; however, government appraisals to endorse greening of the independent business in countries from China to France have made electric vehicles a bright comparative mark in the industry. 

On Wednesday, Shares in United States electric vehicle manufacturer Tesla hit a record high at $1,333, overtaking Toyota as the most expensive carmaker in the world. 

In Norway, the world electric vehicle head appreciation to massive tax breaks, low road fees, and complimentary parking, sales of battery electric vehicles bordered up to 48 percent of all latest car registrations since January to late June, from 45 percent in the same time of 2019 and 42 percent in 2019.

Statistics coming from the sovereign Norwegian Road Federation illustrated that it was the most significant percentage allocation for battery-electric cars in less than a  year even though massive shutdowns smacked some sales to sluggish the spread of Coronavirus disease. 

Generally, Norway car sales beat 24.3 percent in contrast to the same time of 2019 to 59,224, while electric battery sales of electric vehicles decreased by 19 percent, with electric Audi e-Tron being the most sold vehicle. 

Norway is by a large margin the globe’s most significant marketplace by percentage for electric vehicle sales in front of Sweden, Netherlands, and Iceland.  According to the International Energy Agency (IEA), electric vehicles generate about 3 percent of the latest cars globally, and the figure comprises plug-in hybrids that are excluded from the Norwegian number.

The Norwegian Electric Vehicle Association that symbolizes the owners of electric cars stated that sales were delaying a parliamentary target that every new vehicle sold must be electric by the year 2025.

Petter Haugneland, the deputy leader, confirmed to Climate Home News that to be on the direction for the year 2025, target the electric cars share must be well beyond 50 percent before the year ends. It is still achievable but more complex, and has been a delay; hopefully, it will not last long.

The goal of Norway is earlier than aims set in other nations like Britain in 2035 on in France in 2040 as part of attempts to initiate action to lessen climate change under the Paris contract.

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Energy

AFC Energy produces green hydrogen for electric vehicles

The hydrogen used today usually comes from fossil fuel, which harms the climate. However, the green hydrogen that is expected to be produced in the future will be from recyclable resources; hence it won’t have more effect on the atmosphere. 

Hydrogen has many uses such as the generation of power, and used in various sectors of the economy like agriculture, food production, and industrial use, making it suitable for worldwide decarbonization. 

The major concern is to ensure the value of green hydrogen gets low to a competitive market level. The industry observers thought that this would take an extended period to happen. However, the price of green hydrogen is decreasing each day. 

Numerous companies are coming up to ensure this happens. One of them is the AFC Energy Company from the UK. 

The main target of the AFC is the off-grid markets, which use diesel generators. In this case, for the clients to access the EV charging site, they are supposed to pay a premium. 

To avoid carrying hydrogen to fuel stores in the interior areas, AFC has come up with a solution known as H-Power. The H-Power process uses an electrolysis gadget to connect the fuel store with the electric vehicle charging depot. The device instantly produces hydrogen through the use of thermionic current to the water. 

This is an ideal fix for the Extreme E-series as it illustrates that the electric vehicles can operate even in tough conditions across the globe. 

In an interview with the CleanTechnica, Adam Bond, the AFC CEO, said that they have a technology capable of standing the diesel generators despite the tough conditions. Sating out that is a big millage in the industry. 

Superior EV charging stations for huge EVs

The big question is why lithium-ion batteries can’t store solar power for the EV charging station. The following year Extreme E series will examine the H-power structure in humid, cold, hot, and dry situations to re-affirm if green hydrogen long-lasting and dependable alternative for power storage. 

Apart from considering factors such as the impact on the environment and durability, there are other aspects like duration, which need to be considered. The Li-ion batteries can only last for several hours, while hydrogen is stored for extended periods, making it ideal for a baseload energy source.

People who value convenience and effectiveness will be more enticed by the H-Power program’s baseload ability, which is anticipated by the AFC Energy. Fleet managers who value time will invest in fast charging equipment based on the demand for many vehicles.