Good News for PEV Charging, Battery Efforts

 

If it all doesn’t go out the window with a new administration next year, there’s some good news on the PEV charging front from the federal government.

[Estimated Reading Time: 1 minute.]

A federal efficient energy loan guarantee program has been expanded to make up to $4.5 billion in loan guarantees available to builders of public PEV charging facilities. The goal is to create a nation-crossing network of super-powerful rapid chargers.

Additionally, the Pacific Northwest National Laboratory will get up to $10 million a year for the next five years to help the Battery 500 research program’s effort to increase the energy density of plug-in-vehicle batteries while slashing PEV battery pack costs to less than $100 per kilowatt-hour. That’s the magic number, researchers say, that will make PEVs competitive, price-wise, with internal combustion vehicles.

To compliment the funding for construction of public PEV charging stations, the Obama Administration also has pulled together a coalition of 50 state, local, and federal agencies and private organizations to identify zero emissions and alternative fuel corridors throughout the country . These are transportation corridors that would be good candidates for installation of chargers and other alternative fuel “filling” stations.

The programs are part of a larger package of “actions to accelerate electric vehicle adoption in the United States” that were announced by the administration in the aftermath of the Energy Department’s recent Sustainable Transportation Summit.

Leave a Comment