For its part, the electric energy utility NRG, is taking a dramatic and aggressive approach to move into this space.
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Research suggests that up between 20 and 30 gigawatt-hours (GWh) of electric energy could be stored as useful heat in hot water.
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The bid-cost recovery mechanism is supposed to provide make-whole payments that cover start-up and minimum load costs for parties requesting electric energy.
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The race will feature cars that are powered only by electric energy.
Under the less rigorous scenario with higher infiltration, gross electric energy needed would rise to 60 TWh, and the net to about 49 TWh.
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When completed, NEPS will increase available electric energy to over 50 percent of the population of Afghanistan located along its north to south corridor.
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Micropower systems have a niche, but some other scheme must be devised to replace the electric energy we now get from nuclear power and coal.
Formula E Holdings has signed an agreement with the FIA to promote the new Formula E Championship, featuring Formula E cars powered exclusively by electric energy.
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New York City can get by on slightly more electric energy than it is using now, about 57 TWh gross and 46 TWh net of PV production on buildings.
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What about the field of utilities and electric energy?
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Just as plants need sunlight to pull off the trick, Air Fuel Synthesis, the firm profiled in the UK's Independent newspaper, need to use good old-fashioned electric energy to pull off theirs.
The Tesla Roadster, which indeed uses Li-ion batteries, stores 56 kWh of electric energy and delivers up to 215 kW of electric power (a NiMH battery pack with the same electric energy would weigh over twice as much).
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Unlike other areas identified by the Economist, where technological process has indeed slowed, and economic growth has gone along with it, there may be tremendous potential remaining in the electric energy industry precisely because it has remained relatively bottled up and stagnant for most of the last 100 years.
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It would take four big changes, but the technology for all of them is already available: a new automotive DNA based on electronics and connectivity, a mobility internet to manage vast amounts of vehicle traffic and integrate vehicles into the internet of things, smart, clean renewable electric energy, and last but not least, it would require electronically managed, dynamically priced markets for electricity, roads, parking and vehicles, in other words, smart cities.
Among the globally-exposed stocks that UBS says look cheap relative to their sector are embattled oil giant BP, which is struggling to contain the spill in the Gulf of Mexico, drug-makers Sanofi-Aventis and Novartis, media and advertising companies Pearson and WPP, tobacco concern BAT, metals and mining giants, ArcelorMittal, Rio Tinto and Anglo American, financial firms ING and Aegon, capital goods companies Philips and Schneider Electric and energy company Repsol.
While the car is on the move, the electric drive itself contributes to a favourable energy balance through recuperation, by converting kinetic energy into electric current in deceleration mode and during braking and feeding this energy into the battery.
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In the mid-Atlantic, American Electric Power, Allegheny Energy, Dominion Electric and Pepco Holdings have all proposed massive transmission projects.
Today in Houston electric generation giant NRG Energy unveiled the first of its planned 150 electric vehicle charging stations.
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Bigger players, including Goldman Sachs, Morgan Stanley and General Electric 's Energy Financial Services arm, also provide some financing for solar projects.
More than a grid company, ABB makes more electric motors and energy-saving motor controls called drives than any other company in the world.
The cornerstone will be a mandatory "cap-and-trade" system to limit carbon emissions, currently being shaped with the influence of heavyweights like BP, General Electric and Duke Energy.
The EID is not a municipal power company, but a private initiative under a public rubric that allows private property owners to provide electric and thermal energy for one or more buildings.
Corneli, whose company is a major provider of electricity in New York City and other markets, said that consumers will be more likely to begin making the transition to electric cars if car companies and energy providers can make electric cars that can perform as well or better than traditional vehicles while also matching them in price.
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Most of the nation's largest polluters of carbon dioxide, including energy companies American Electric Power, Southern Co. and Xcel Energy.
It's a consortium of companies, including GridPoint, Constellation Energy and General Electric that works in partnership with the Department of Energy.
Among the energy-saving options, two promising technology switches are the electrification of transportation (electric vehicles can be about four times as energy-efficient as standard fossil-fuel vehicles) and the use of electric-powered heat pumps to deliver winter heating and hot water (heat pumps can be four times as energy-efficient as standard heaters).
Wind and solar as a source of renewable energy is a goal that most electric-generating companies, including General Electric (GE), Duke Energy (DUK), and Northwestern Energy (NEW), are hotly pursuing.
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The innovative Sanya Skypump pairs UGE's cutting-edge vertical wind turbines with GE's electric vehicle (EV) charging technology to offer completely clean energy to power electric vehicles.
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Populists on the left--even if they sound futuristic when praising solar energy, electric cars and the like--also want a slower pace.
The 60 new projects announced by Majumdar will tackle a wide range of subjects, including biofuel, solar energy and electric grid.
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