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Energy

Electric vehicles are still performing excellently in the automotive market despite the impediments along their path

The growing demand for electric vehicles by consumers instead of conventional fossil fuel cars has activated automakers to design various cars meeting consumer demands. This year alone will witness OEMs and new companies in the electric vehicle industry, releasing more than 22 new electric vehicle models globally. The automakers stated that some models would be released as standalone entities, while others will be advancements in the existing product line. However, the unleashing of these electric models has activated impediments designed to halt the adoption of the cars. Consumers started recognizing major OEMs and new electric vehicle startups, committing to full electrification at an exponential rate, forcing them to change their mindset and try out this technology.

Although the automakers have thrown their best skills into electric vehicles, the tax credits intended to accelerate these cars’ uptake and the scarcity of electric vehicle charging infrastructure have hindered the adoption of these models by consumers. The past decade had placed a tax credit of $7500 for consumers who purchase electric vehicles to motivate them to buy the cars. In that period, electric vehicle technology had not caught up its spark in America because the industry was at the launch stage. Additionally, the manufacturers who had eyed this sector were few, and the tax credit had a limit of 200000 vehicles in the first production cycle for each company. From 200001, the cars would have a zero-tax credit. This made the bigwigs that had participated in this technology, like Tesla and General Motors, and had already sold 200000 electric vehicles be disqualified from this allowance, raising their electric models’ prices.

Nevertheless, the Biden administration has realized that this regulation has affected the electric vehicle industry and is looking for loopholes and modifications that can help return the tax credits on the cars for companies that have surpassed the threshold. This move will create fairness in the industry allowing the existing and new manufacturers to compete without absolute advantage over each other. However, the adjustment of the tax credit does not solve the problem of scarcity of supporting infrastructure.

Consumers might love the concept of switching from refill stations to recharging stations, but the insufficiency of the charging stations might create time problems. The government and the local leadership must institute mechanisms to ensure the linkage of power grids with charging infrastructure, development of home charging systems, and other mechanisms that will facilitate the short-term deployment of electric vehicles without creating more problems for the consumers.

Categories
Energy

Energinet is pressing through the local markets

Energinet, which deals in transmission systems, is preparing to establish local and reliable markets in some areas of Denmark. The company intends on the utilization of mega wind turbines and solar resources to provide electricity to meet the demands of the people. The company is part of a primary pilot project that happened on the island of Lolland. This project involved Danski Energi, Cerius, HOFOR, and Centrica. All these utilities participated in the success of the project. Energinet confirmed that the island can now generate more electricity to sustain the residents and some for transmission to other areas.

The head of flexibility and systems operation at Energinet, Thomas Dalgas Fechtenburg, stated that they initiated this local market to ensure that the electricity utilities supply affordable electricity. On the other hand, Energinet can decide to halt the operations of electricity utilities when there is no rivalry to promote the affordability of the electricity bids. Last year, Energinet mapped the areas where electricity production is higher than consumption, especially if it is generated from solar and wind resources. This move was to ensure they can locate probable sources of power in cases of emergency and transmit it to where it is needed. Energinet stated that scaling up the local production electricity grid can be more expensive than paying for the local market’s existing excesses.

Fechtenburg explained that the local flexibility markets should serve as operating systems for the electricity grids until they have been widened to sustain the green power every hour. The company noted that it is easier and cheaper to establish a solar park than to expand the grid. This concept is what has motivated the expansion of the Lolland project to the other regions of the country. The pilot project expanded through the local flexibility market with 11 sites opening up and establishing about 50MW of power in the process. This capacity is equivalent to 10% of the total consumption on the island. Energinet confirmed that this value is the potential electricity production of the project is explored on a large scale.

Energinet explained that Lolland has managed to establish a subordinate electricity network without causing downtime. More local activations will kick off in the future, and the capacity of megawatts that can be produced analyzed by the company. Energinet told the Danish energy regulator Forsyningstilsynet that it should consider this new market alignment to assist in the development of the program. The company is hopeful that it can achieve the energy production capacity to meet the entire country’s demands.

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Energy

Irena highlights seven key areas to accelerate renewables uptake in Jordan

Experts claim that renewable energy is the world’s best way to rebuild itself as the planet continues to struggle with climatic fluctuations. We are talking about the emissions from the industries, energy sector, and transport area. Currently, various administrations are working day and night to figure out ways to deal with climate change. Jordan is also struggling with the same, like most of the areas globally.

Recently, a report came out under IRENA, International Renewable Energy Agency, indicating various policy measures with Jordan’s energy transit to renewable energy. This report results from ┬áIt suggests that there exist rare opportunities to motivate the private sector engagement in the country’s efforts to move to renewable energy.

Jordan has a target of 31% share of renewable energy regarding the power sector by 2030. In a statement from Engineer Hala Zawati, Minister of Energy and Mineral Resources, you learn that the recommendations are according to the latest Energy Strategy plans 2020 to 2030. He continued to explain that there needs to be a strong partnership between the private and public sectors for the project to happen. Also, the country is ready to partner with International allies to make renewable energy increase its popularity in the country.

The report highlights policy action areas that will help increase energy security and diversify in the accelerated uptake of renewable energy. It also explains ideas to help the ministries boost electrification and increase investments in energy transitions from primary institutions. The country started the renewables journey in 2014, where it read around 0%, and in 2020, reports indicate it has risen to 20%. One of the backups that have influenced renewables includes enabling frameworks and policies to rescue in deploying renewables technologies. They include onshore wind technologies and solar photovoltaic.

General Franceso La Camera, IRENA Director, spoke about renewables’ potential and the benefits that it will result in Jordan. They include creating jobs, improving the security of the national energy, reducing energy costs, and leading to sustainable economic growth. Hence, it will boost Jordan to go past the covid-19 pandemic fails.

The report indicates that setting up projects in local financing institutions will help developers to invest in the transition and for the country to meet their needs in different areas. Analysis indicates that Jordan can deal with the transition challenges by ensuring that the development team invests more in performance. The seven key areas to take action in include:

  • Give conditions to help renewables grow in the power section
  • Foster growth of renewables
  • Plan integration of renewable power
  • Give incentives in the renewable sector to motivate more locals
  • Support renewable option in the transport sector
  • Strengthen local industries and create job opportunities
  • Invest more in renewables
Categories
Energy Technology

Karma automotive Launches GS-6 series of electric vehicles in New Luxury sector

Electric vehicles’ popularity has been rising thanks to the high demand in the industry; hence Karma Automotive has set up a new evolution of luxurious electric cars with the development of the GS-6 Series. This carmaker is California-based and is famous for designing and developing luxurious electric cars. In the recent announcement, the company highlighted details about the GS-6 series. The first model to come to the market is the GS-6. This model will hold a unique and elegant exotic design that is similar to the award-winning Revero GT.

Karma Automotive claims that the car will be available at a pocket-friendly price and is the best option for drivers who hope to achieve the environmental benefits of electric vehicles. Besides, there will be no need to sacrifice design or performance. The CEO of Karma, Ph.D. holder Dr. Lance Zhou spoke about the launch and what people should expect in the new series. He talked about Karma’s primary goal, which is to deliver high-end luxurious cars. Other than that, it involves innovative technologies and also a source of inspiration to drivers with unique and fresh offerings.

He spoke about Karma’s idea of changing the world of mobility to make luxurious electric vehicles more accessible. This product combines a great design, inspiring driving offers, and great technology, and the retail price starts at $83,900. The GS6 will become one of the most competitive vehicles in the new luxury sedan segment. It is currently available in three variants, including standard, luxury, and sport. Also, the company aims to invest in a pure battery electric vehicle. This brand is Karma’s first pure battery-electric vehicle which will be available at $79,000.

All the models in the GS-6 have one thing in common. The vehicles feature unique craftsmanship, and the design of Karma Automotive is popular, but they still include a high-tech customization that makes every brand deliver a personal touch. The GS-6 Series includes convenience and safety features, including ADAS, Advanced Driver Assistance System, Adaptive Cruise Control , hands-off warning, steering wheel response, and the Lane keep support. It includes comfortable features, including power side-view mirrors, airbags, Bluetooth, cameras, control audio, and other things.

This new series will include Karma’s exclusive 8-year warranty and class-leading powertrain. The assembling took place in Karma’s innovation Customization Center in California and includes world-class engineering, customization, design, and manufacturing services. Other than that, it includes electrification platforms. The team includes a 400 kW 2-motor system that combines drivability, efficiency, and outstanding performance. Generally, the GS-6 has a setup that blends 550 lb-ft torque and 536 horsepower.

Other than fantastic technology, this car includes a unique and elegant design. Not to mention, it incorporates all security measures. Invest in one of these fantastic cars for an elegant look and exemplary performance.