UPS has been leading sustainable fleet innovations for decades. Learn about our latest investments in alternative fuel and advanced technology vehicles, and how this rolling laboratory is helping advance our environmental goals. To learn more about UPS’s sustainability efforts, visit http://bit.ly/2xsX2L1
The renewable power boom has spawned a growing need for robust energy storage
Bolstered by decreasing costs and strengthening regulatory support, demand for renewable energy is increasing as wind and solar photovoltaics continue to become more prominent contributors to utilities’ generation and revenue mix. As enthusiasm for renewable energy grows, wind and solar remain hampered by how much energy can be stored when generated to be used subsequently when energy is needed.
New scenarios are emerging that pair storage with conventional gas turbine generation
The cost of energy storage has fallen to the point where the power generation industry is moving from demonstration projects to full deployment. Driven by demand and a federal order designed to nurture broader adoption of storage capabilities, practical applications of energy storage are emerging that are competitive with conventional solutions.
In addition, continued annual reductions in the cost for storage will reveal more and more applications where energy storage makes economic sense. A great example can be found in the performance optimization of gas turbines.
Fleet owners are drawn to sustainability benefits and lower ownership costs Infrastructure and vehicle availability remain challenges
Attaining environmental benefits and lower cost of ownership are driving more commercial fleets to electrify, according to a UPS (NYSE: UPS) and GreenBiz study released today. In the “Curve Ahead: The Future of Fleet Electrification” report, industry leaders identify the main motivations and barriers to electrification, as well as strategies to move the commercial electric vehicle market from niche to mainstream.
Underground hard rock mining companies continue to go deeper in search of more raw materials and higher-grade ore. Working at such depths leads to air quality concerns due to equipment emissions, which today are primarily powered by diesel.
Click here to learn about how Caterpillar leveraged our investments and deep expertise in energy storage and electric drive technology to design and assemble the R1300 Battery Electric Load-Haul Dump, a fully battery-powered machine.
Global standards will play key role in widening EV adoption among everyday drivers and business fleets
OVERLAND PARK, Kan., October 2, 2018 /3BL Media/ – Advancing standardized electric vehicle charging systems is crucial to widening EV adoption across the transportation value chain – from passenger drivers to public transit and enterprise-scale medium- and heavy-duty fleets. That’s why Black & Veatch, a market leader in the design and deployment of EV charging networks, has joined CharIN, the Charging Interface Initiative (CharIN e.V.), as a core member.
By Pawel Wroblewski, CFA Director, Portfolio Manager, ClearBridge Investments
Consensus expectations for electric vehicle (EV) sales have been – and remain – too low. The falling costs of rechargeable batteries promise to be increasingly disruptive to traditional internal combustion engine (ICE) platforms. With cheaper batteries, even traditional automakers can offer better EVs.
Employees at General Motors' Orion Assembly plant recently held a homecoming ceremony for a very special Chevrolet Bolt EV. Pun intended, this locally-built EV was charged with traveling cross-country as part of the New American Road Trip, an 11-day, nearly 4,000-mile journey from the San Francisco Global Climate Action Summit to New York’s annual Climate Week.