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Released December 18, 2024 | SUGAR LAND
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Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Millions of dollars in private and local government investments are behind two clean energy projects completed ahead of what could be a sea change in the U.S. energy sector.
U.S. President-elect Donald Trump has embraced a pro-drilling mentality, hoping to build on what's already a leadership position in crude oil production, natural gas production and liquefied natural gas exports. From his backers here in Texas, Governor Greg Abbott (R) has suggested the incoming president would do away with the Environmental Protection Agency.
But not all governments are the same. Backed by $2 million in funding from private and local government partners, electric vehicle (EV) charging company ChargePoint (Campbell, California) and the Colorado Energy Office announced six new fast-charging corridors were now open across state roadways.
All told, the state is boasting more than 80 charging points at these sites, which leaders suggest means that nearly 80% of the highway corridor is within 30 miles of a fast charger, double the level from 2019.
"This project is a testament to the leadership we're seeing across the country at a state level to accelerate the build out of a robust charging network for all EV drivers," said Rick Wilmer, chief executive officer at ChargePoint. "Public-private partnerships such as our relationship with the Colorado Energy Office continue to play a critical role in building out charging infrastructure."
The federal government finds total sales of hybrids, plug-ins and battery electric vehicles increased from 17.8% of total vehicle sales during the first quarter to 18.7% during the three-month period ending June 30. Most of that increase, however, was from hybrids as range anxiety and sticker shock keep some would-be buyers away.
On Monday, meanwhile, the Reuters news service claimed exclusive coverage when reporting Trump has plans to end federal support for electric vehicles and charging stations, while working to thwart the import of EV components from China.
Elsewhere on the clean energy front, the North American renewables division of French energy company Electricite de France (EDF) said its Morris Ridge solar energy project in New York state was up and running and delivering power to the grid.
Industrial Info Resources sees a total investment value of $200 million for a facility designed for a peak capacity of 177 megawatts. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here to read a detailed project report.
EDF Renewables North America, among the largest renewable energy companies in the region, estimates the project would avoid emissions comparable to pulling 30,000 conventional vehicles off the road in a given year.
"The Morris Ridge Solar Project not only represents our commitment to renewable energy but also underscores our dedication to the economic and environmental well-being of New York State," said Stephane Desdunes, a regional vice president for development at EDF Renewables.
Federal incentives, some of which are supported by Republican legislators, have propped up some aspects of the solar sector. At the state level, New York draws much of its energy from natural gas, though it's committed to relying on renewable energy to meet 70% of its power demand by 2030.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
U.S. President-elect Donald Trump has embraced a pro-drilling mentality, hoping to build on what's already a leadership position in crude oil production, natural gas production and liquefied natural gas exports. From his backers here in Texas, Governor Greg Abbott (R) has suggested the incoming president would do away with the Environmental Protection Agency.
But not all governments are the same. Backed by $2 million in funding from private and local government partners, electric vehicle (EV) charging company ChargePoint (Campbell, California) and the Colorado Energy Office announced six new fast-charging corridors were now open across state roadways.
All told, the state is boasting more than 80 charging points at these sites, which leaders suggest means that nearly 80% of the highway corridor is within 30 miles of a fast charger, double the level from 2019.
"This project is a testament to the leadership we're seeing across the country at a state level to accelerate the build out of a robust charging network for all EV drivers," said Rick Wilmer, chief executive officer at ChargePoint. "Public-private partnerships such as our relationship with the Colorado Energy Office continue to play a critical role in building out charging infrastructure."
The federal government finds total sales of hybrids, plug-ins and battery electric vehicles increased from 17.8% of total vehicle sales during the first quarter to 18.7% during the three-month period ending June 30. Most of that increase, however, was from hybrids as range anxiety and sticker shock keep some would-be buyers away.
On Monday, meanwhile, the Reuters news service claimed exclusive coverage when reporting Trump has plans to end federal support for electric vehicles and charging stations, while working to thwart the import of EV components from China.
Elsewhere on the clean energy front, the North American renewables division of French energy company Electricite de France (EDF) said its Morris Ridge solar energy project in New York state was up and running and delivering power to the grid.
Industrial Info Resources sees a total investment value of $200 million for a facility designed for a peak capacity of 177 megawatts. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here to read a detailed project report.
EDF Renewables North America, among the largest renewable energy companies in the region, estimates the project would avoid emissions comparable to pulling 30,000 conventional vehicles off the road in a given year.
"The Morris Ridge Solar Project not only represents our commitment to renewable energy but also underscores our dedication to the economic and environmental well-being of New York State," said Stephane Desdunes, a regional vice president for development at EDF Renewables.
Federal incentives, some of which are supported by Republican legislators, have propped up some aspects of the solar sector. At the state level, New York draws much of its energy from natural gas, though it's committed to relying on renewable energy to meet 70% of its power demand by 2030.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
