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Biden admin: $623M for EV Charging
The Biden administration announces $623 million in infrastructure funding to fill electric vehicle charging gaps in Ohio and other regions. Biden administration pours $623M into EV charging void
IRA: Results in First Year
More than 100 new clean energy, battery, and electric vehicle manufacturing facilities and expansions have been announced since the Inflation Reduction Act’s passage a year ago.
Cost concerns could blunt ‘promising’ utility trends on energy storage, smart meters, EVs: Deloitte
“Supply chain snags, rising costs and extreme weather are likely to continue plaguing the power sector,” Deloitte said. “But promising trends in innovation and investment, buoyed by recent legislation, can help the sector fulfill its mission.” The story >>
Could EV Batteries Come From The Sea?
A research team that included University of Maryland engineers has discovered a way to make biodegradable battery components out of crab, lobster shells, and zinc. https://www.thedailybeast.com/the-future-of-renewable-energy-may-be-this-battery-made-from-crab-shells
PA: Electric Vehicles Have Tripled
ELECTRIC VEHICLES: Pennsylvania’s registered electric vehicle count has tripled since early 2019, leading state transportation officials to file a plan to build at least 5,000 new chargers across 2,000 sites in the next six years With millions in federal funding, PennDOT charges ahead on EV infrastructure development in Pa.
The EV Revolution is Coming!
Plugged in charger into an electric car at charge station A Consumer Reports survey finds more than a third of Americans would consider buying an electric car, a sharp increase from 2020.
Boost in EV Charing Investments
Companies plan to invest more than $700 million to boost U.S. manufacturing capacity for electric vehicle chargers, adding at least 2,000 jobs while making charging stations more accessible. https://www.reuters.com/business/autos-transportation/white-house-says-companies-investing-700-million-boost-ev-charger-production-2022-06-28/
EIA expects high refinery margins to contribute to increasing fuel production this summer
According to the EIA, U.S. refinery utilization will be relatively high this summer in response to high wholesale prices for petroleum products, such as diesel and gasoline, which have increased more than the crude oil used to make them. https://www.eia.gov/todayinenergy/detail.php?id=52718
EV Charging News: Ohio
Ohio legislation would allow utilities to pass on electric vehicle charging station costs to customers while creating a $2,000 sales tax rebate for vehicle buyers. Plugged in charger into an electric car at charge station https://www.cleveland.com/news/2022/05/proposed-ohio-law-would-let-power-companies-bill-customers-for-utility-own...
