President Obama announces $2.4 Billion for electric vehicles
As part of the American Recovery and Reinvestment Act, the U.S. Department of Energy announced the release of two competitive solicitations for up to $2 billion in federal funding for competitively awarded cost-shared agreements for manufacturing of advanced batteries and related drive components as well as up to $400 million for transportation electrification demonstration and deployment projects.
By contributing to the reduction of petroleum use and greenhouse gas emissions, the President hopes these projects will advance the United States' economic recovery, national energy security, and environmental sustainability.
The announcement will also help meet the president's goal of putting one million plug-in hybrid vehicles on the road by 2015.
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UCP scraps electricity price cap, some will see $7 bill increase this month
EDMONTON - Electricity will be more expensive for some Edmontonians in December after the UCP government scrapped a program that capped rates.
Effective Nov. 30, the province got rid of the price cap program for Regulated Rate Option customers.
In 2017, the NDP government capped the kilowatt per hour price at 6.8 cents, meaning Edmontonians would pay the market rate and not more than the capped price.
In December, kWh will cost 7.5 cents. Typical Edmonton homes use an average of 600 kWh, increasing bills by $7.37, or 3.9 per cent, compared to November.
The NDP created the capacity system to bring price stability…
