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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.

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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  It 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
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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.

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Science Space

Tianwen-1 gets into orbit around Mars

Tianwen-1 has entered orbit. This is the first Chinese interplanetary mission. Tianwen-1 burned its thrusters in 15 minutes at around 6:52 a.m. Eastern.  This allowed the spacecraft that weighs five tonnes to reduce speed to be captured by Mars gravitationally. The Mars orbit insertion was developed to put Tianwen-1 into the orbit of 400 by 180000KM. Tianwen-1 inclined by 10-degree and has an orbital time of 10 days.

China Aerospace Science and Technology Corp. said that Tianwen would lower its orbit for Mars observations. It is also expected to start preparing for the entry and landing trial of a 240KG solar-powered rover, which will be held in May or June. At bout 265KM from the Earth’s surface, the orbiter will approach, enabling a high-resolution camera to capture images with a resolution of 0.05 meters per pixel.

Tianwen-1 joins Hope, the United Arab Emirates’ mission that reached orbit on Tuesday around the Red Planet. On 18th February, NASA’s Perseverance rover made a soft landing. Some of the spacecraft that had failed before during the orbital insertion stage of the mission include the Japanese, Soviet, and the US. For instance, in 1999, NASA’s Mars Climate Orbiter was near Mars, but the mission was interrupted. The Soviet Mars 4 did not burn its engines, making it go past Mars.

Science objectives

Tianwen-1 is developed such that it will be able to gather diverse data on the Martian surface and from orbit. A planetary scientist at the China University of Geosciences, Long Xiao, said that Tianwen-1 has 13 scientific payloads to help study the following: topography and Martian morphology, surface materials’ composition, surface regolith, ionosphere characteristics, environment, climate, and magnetic field. It will also help to search for the water ice with radars.

Long said that the main intention of Tianwen-1 is searching and mapping the water ice distribution on the subsurface and surface. Tianwen-1 has two autonomous sounding radars. One onboard the orbiter for carrying out a global survey with the primary focus being on high latitude regions. The other is placed on the rover. The two will offer more reliable data than a single one since radar data interpretation and processing are complex processes.

An associate professor who works at Macau University of Science and Technology, Zhang Xiaoping, said that using the radar system will help measure the Martian surface’s subsurface structure like the buried water ice. He added that this is essential as it will aid in studying Mars’ underlying geologic structures.

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Space

Satellites overtake balloons in leading the internet technology

Satellites reached their peak usage when they gained entrance into internet connectivity in areas where the internet is unavailable. Initially, they were the most expensive and the slowest in broadband services before the pandemic brought a new perspective of this concept.

Moreover, high technology companies decided to venture into this technology with the likes of SpaceX and OneWeb developing satellite constellations to provide broadband services. Google had initiated the Loon company to develop network balloons for internet coverage in remote and sidelined areas. Another company that deviated from balloon technology is Facebook. The company halted the Aquila project that intended to run the internet drones two years ago.

Companies like Elon Musk’s SpaceX decided to develop satellites to provide internet services. Moreover, satellites have demonstrated that they can be relied upon when the weather changes, unlike the balloons, which would be less effective in bad weather.

Big satellites in the low-Earth orbit have the potential to provide internet to remote areas globally. Satellites have proved to offer high-speed internet connection with low latency. The Starlink constellation will dealing with 42000 satellites that will provide broadband internet connectivity for the UK and North American people. The rival to SpaceX, OneWeb, is also deploying constellation to provide internet connection services.

Another company that declared its intention of offering broadband internet connectivity is Amazon, which is deploying 3000 satellites to serve its customers through the Kuiper project. However, these mega-constellations have angered the astronomer who loves monitoring the systems of the cosmos from Earth.

The astronomers argue that the satellites hinder them from viewing the stars and confuse them to be stars. Dr. Alice Girman, an astronomer, stated that the satellites are going into space in huge quantities that are dangerous, with the industry defending itself as the provider of internet services. She emphasized that the industries behind these projects should stop rallying behind the philanthropy concept and accept that they are making profits from this business.

Gorman explained that satellites are not the answer to all the problems facing Earth. She pointed out that some areas for internet services’ inaccessibility are because they have not witnessed terrestrial infrastructure installations.

The assistant professor of astronomy at the University of Regina, Samantha Lawler, is in support of the arguments raised by these astronomers stating that the satellites reflect light, hindering the observation of stars. Elon Musk came to the support of satellite companies stating that there are about 4900 satellites in space and no incidence of satellite obscurity has been reported. He tweeted that astronomers should stop making excuses to hinder space exploration.

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Space

A detailed discussion on the impact of the existence of satellites in the world we live in

There is a high availability of relatively small satellites, and their materials are now cheaper than before. That has seen rapid growth in their manufacturing and, more so, launches. For the record, the number of spacecrafts orbiting the Earth, excluding now-defunct ones for one reason or the other, is about to hit the 3000 marks. People would look at it on a lousy note whereby there are chances of a collision. After all, the number of satellites that no longer work yet still orbiting the Earth is also relatively high. Space junk is terrible news, but it shouldn’t let us turn a blind eye to the fact that satellites do more good than harm. Let’s take a look at the good side of satellites.

First of all, it turns out that most financial transactions rely on them may it be for location, timing, or security in most cases. So, if there were no satellites, imagine how one would survive without some things. Subscribing your Netflix every month could be a big hustle or, to make matters worse, impossible. The same case with stock market transactions, ATM transactions, Google Pay, and many other online payment systems. After all, the providers of these services rely heavily on Global Navigation Satellite Systems. They include America’s GPS, Russian GLONASS, and Europe’s Galileo. They ensure that financial transactions occur at precise timing, especially in fluctuating cases such as stock markets.

Besides money, satellites have also played a huge role in saving lives. As climate change and its effects become more evident, readiness on Earth is seemingly lacking. That’s where satellite comes in to help with tropical storms, forest fires, and other natural disasters that are becoming more common with many dire consequences nowadays. They monitor them and study their behaviors as well. With such information, it becomes easy for them to respond accordingly, which ends up saving lives.

The likes of investigators, journalists, and activists have found satellites as the oasis of much-needed information. That’s because they are not controlled by things such as jurisdiction. Neither a country nor an entity can stop any satellite from accessing a particular part of the space. That makes them more reliable when it comes to information than even drones are aircraft.

Satellite networks are the only option when one is in the middle of the sea or ocean. Their existence has helped in tracking the ships and boats. If one is spotted with its beacon turned off, there are high chances it belongs to illegal fishers or pirates. Immediate action is taken before something bad happens.

Others are looking for alternative habitable areas, including planets other than Earth, conducive for human life. Last but not least, it helps in identifying the number of species, especially the endangered ones. It simplifies counting.

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Energy

Shell’s plan to step up 500,000 Charging points of EVs

The popularity of electric vehicles keeps rising rapidly with time. Why not when the world seems to be electrifying every moving instrument. Different companies have taken up various roles in the mission to help achieve net zero-emission. Let’s check out Shell‘s new plan. It seems the company has been swept up in the Electric vehicles sector.

The company’s recent announcement has come to everyone’s attention that Shell plans to make electric vehicle charging stations readily available for all. In this new project, the management team is working on setting up 500,000 stations. It is a short-term project which will last for four years. The EVs infrastructure industry is rapidly gaining its fame, with many investors working with companies to get in the business.

Since the start of 2021, it is clear that three companies are now under special purpose acquisition vehicles. And these companies will go public soon. However, a third of the companies have raised tens of millions from some big private equity sector names. The first successful dealing kicked off in 2020 September. Chargepoint partnered with a special purpose acquisition company with accounts of up to $2.4 billion in an electric charging network. From the deal, the company’s listing was scheduled in 2021, 16th February in New York.

In January, an operator and owner of an electric charging station, EVgo, partnered with the SPAC Climate Change Crisis Real Impact I Acquisition. The deal’s market evaluation runs up to $2.6 billion. These ratings are a huge win for the privately held company and the investment company. The two will combine their company to achieve more profits and offer better deals.

Another deal happened recently where Volta Industries struck an agreement with Tortoise Acquisition II. This partnership will give the charging infrastructure company name Alessandro Volta, a battery inventor. As a result of this collaboration, SPAC Company’s shares were over the moon in these recent days. Currently, the stock is trading at about $15 per share.

Not to be left behind, private equity firms are also forming partnerships. One of the leading names in the Private equity energy investment, Riverstone Holdings, placed its bet on the charging space. It invested in FreeWire. From the deal, the company was able to raise $50 million in funding this year.

In a statement from Arcady Sosinov, FreeWire Chief executive, he confirmed the partnership. He also went ahead to express his excitement for the collaboration. Arcady spoke about the many considerations put in place before arriving at a decision. In addition to that, Sosinov referred to the deal as an enormous opportunity to venture in for the next ten years.

A partner in Riverstone also gave details on the deal. Robert appreciated the Electric vehicles industry and commented on the coming transition in the auto motor industry.

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Energy

Central government concerned that major cities ditching Eskom for renewable energy could divide South Africa

South Africa was one of the most hit African countries by the global Covid-19 pandemic. However, that is not the only challenge ailing the nation. Power outages have become a constant headache to the South African population, especially those living in urban areas. Lack of a reliable supply of electricity has threatened to divide South Africa as federal governments root for their own, abandoning the troubled national electric-utility, Eskom. Eskom has been faced with a couple of problems such as corruption and ill management.

Eskom gets its electricity supply from coal plants. Over the past ten years, these plants have aged, and the government has not serviced them. This has been caused by inadequate funds and the embezzlement of available resources. The aging coal plants have caused a drop in the capacity of power produced, leading to frequent power outages. Eskom’s power capacity is about 44,000 megawatts (MW) currently. This value is decreasing, courtesy of the ill service and wear of the plants. It is estimated that in two months, the coal plants will lose 16,000MW of power-producing capacity.

Since 2008, South Africa has experienced frequent power blackouts.2019 was the apex of this problem, where power cuts contributed to economic losses worth between $3billion and $8billion.If this were to go on, the nation would incur $22 billion losses in the next ten years. These power cuts have taken a toll on the manufacturing sector, making growth in this industry slow. Since the central government under President Ramaphosa has not laid out plans to handle the Eskom problem, provincial and municipal administration has taken it upon themselves to develop new power sources for their subjects.

Cape Town, being South Africa’s tourism epicenter, has been frustrated the most by power cuts. It has led the city’s government to look for renewable energy sources as an alternative to Eskom. The coastal town is finally standing on its own in energy matters. However, the central government has raised concerns about this move.

Cape Town will easily find investing partners for their green energy projects, being a tourism hub. It is even better than the Eskom power. According to the International Renewable Energy Agency, solar and storage battery costs are predicted to go down.

However, the national government does not support this initiative. For instance, in 2020, the central government declined to grant Cape Town the constitutional right to develop its electricity infrastructure. There have been rumors that the western part of Cape Town wants to break away into an independent region. This is one of the reasons why Cape Town lost the constitutional battle with the central administration. Another city that has developed its electricity grid is Durban. Durban recently announced its plan to break away from Eskom in the next 30 years. Durban also directed that 40% of the total energy consumed in the city should come from renewable sources by 2050.

Pretoria, being the capital city of South Africa, houses Eskom. Despite the Covid-19 pandemic that has delayed economic recovery, the city has to put its house in order by transforming Eskom to solve the power shortage crisis.

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Space

With a second orbital test deployment, iSpace experiences a drawback

Chinese private company iSpace‘s deployment of a Hyperbola-1 rocket finished in tragic loss shortly after Monday’s liftoff from Jiuquan’s launch center. By about 3:00 a.m. Eastern, Hyperbola-1 4-stage solid rocket took off from the Jiuquan Satellite Launch Center situated in the Gobi Desert. The deployment itself was performed with no official notice or even advertisement just moments after the issuance of a navigational warning. Soon after the liftoff, clear amateur footage emerged on the Chinese social media. Later pictures show that the launch didn’t go according to schedule. However, over three hours later, the Chinese state media had not commented on the liftoff at the time of publication. After 7:00 a.m. Eastern, a terse (Chinese) news article was released.

The flight failure arose 18 months after the iSpace, with the very first Hyperbola-1 rocket, was the first predominantly private Chinese launch firm to enter orbit. Failed efforts by other Chinese companies such as Onespace and Landspace and in March 2019, as well as in October 2018, respectively, followed the achievement. Hyperbola-1 comprises 3 solid phases with the 4th stage liquid-propellant which has a length of about 20.8 meters and a mass of about 31 metric tons at the takeoff. With the liquid-propellant fourth stage, the launcher does have three solid stages. Pictures of the first as well as second Hyperbola-1 missiles show major design changes between these two launches.

For its Hyperbola rocket sequence, iSpace received $173 million in the Series B financing last year. Initiatives for an Initial Public Offering on the STAR Market (Science and Technology Innovation Board) were unveiled on Jan. 12. Following the effective deployment of Tiantong-1 (03) communications satellite as well as the Yaogan-31 (02) group of the reconnaissance satellites in January, the Hyperbola-1 mission became China’s third launch bid in the year 2021. In the second half of the year 2020, the Hyperbola-1 launch was postponed.

After a 2014 government announcement to open the launching and tiny satellite fields to the private capital, various Chinese commercial space firms have arisen. – The new firms were primarily founded by ex-employees of CASIC, CASC, the Chinese Academy of Sciences, as well as related actors from large government-owned space sector conglomerates. Companies also attracted private funding, while state-linked financial assets have also been funded in some cases. Firms have also obtained funding from massive space contractors which are owned by the state, regional as well as local government contracts as well as Military-Civil Fusion (MCF) in the mode of policy support

The MCF is a national policy that promotes the exchange of skills, capital, and technology to accelerate innovation, minimize costs and develop new supply chains. As per the Chinese data program Tianyancha, 6 billion Chinese yuan ($933 million) was invested in China’s commercial aerospace industry in 2020, up from about $296 million in the year 2019. Despite Monday’s loss, 2021 is predicted to be a major year in terms of operation for China’s latest commercial launch firms.