As you may have seen, California Governor Jerry Brown announced a $120 million settlement last week with utility company NRG. The funds will be used to develop a large scale infrastructure effort for electric vehicles. This statewide charging network will include at least 200 fast-charging stations and another 10,000 plug-in units at 1,000 locations across the state. This not only puts California at the forefront of the electric vehicle revolution, it also will encourage these cars to range widely across the state, beyond the limitations of their batteries. This lays significant groundwork for the stated goal of 1.5 million zero emission vehicles on the road by 2025. Even though the primary usage will likely be for commuting, this infrastructure will also make an electric vehicle purchase possible for individuals such as renters who may not be able to charge the cars at home. According to the press release, "The settlement announced today resolves ten-year-old claims against a subsidiary of Dynegy Inc., then a co-owner with NRG of the portfolio of power generating plants currently owned by NRG in California, for costs of long-term power contracts signed in March 2001. NRG assumed full responsibility for resolving this matter in 2006 when NRG acquired Dynegy's 50% interest in the assets." This means that this new EV infrastructure won't cost taxpayers a dime.
GMT 12:00 2018 Wednesday ,28 November
6th Gulf Intelligence Oman Energy Forum opensGMT 13:32 2018 Thursday ,22 November
Russia's Sovcomflot considers acquiring LNG-fueled shipsGMT 08:21 2018 Monday ,19 November
Russia expects new joint energy projects with VietnamGMT 09:34 2018 Sunday ,18 November
US, Japan, Australia, NZ to bring electricity to Papua New GuineaGMT 13:27 2018 Wednesday ,17 October
Russia ready to revive energy dialogue with European UnionGMT 23:11 2018 Thursday ,11 October
GCC renewable energy discussed in KuwaitGMT 18:00 2018 Thursday ,11 October
Strategic nuclear forces’ drills held in RussiaGMT 10:47 2018 Wednesday ,10 October
Egypt can generate up to 53% of power sources by 2050Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor