California wants 5 million emission-free cars on the road by 2030. China, with a far larger population, wants 7 million electric vehicles by 2025. California has a cap-and-trade program to limit emissions from power plants, factories and fuel suppliers. China is launching a cap-and-trade system to lower fuel consumption and cut reliance on oil imports.
Since the Paris Agreement, EVs have been viewed as a catalyst for change by all major countries. A low-hanging policy fruit for hastily-made proclamations, sometimes with, but more often without any regard for existing ecosystems in place.
Nissan today said it is expanding its collaboration with German utility E.ON in Europe to advance its vehicle-to-grid (V2G) technology so EV drivers can charge their cars for free.
In December, 20 months into the top job at Germany’s Innogy AG, Peter Terium unveiled a 3 billion-euro plan to transform the utility into a provider of electric car technology, digital networks, and offshore wind farms. His goal, he said, was to become “a trailblazer of change. We do not wait to see what happens. We set trends.” Terium didn’t need to wait long to see what happened. A week later, he was out of a job.
A group of organizations with funding from the U.K. government will work to understand how best to reward drivers who use their electric car batteries to support the U.K.’s power grid.
Businesses are asking how much attention they should be paying to blockchain now and what the opportunities are for this crypto-technology in the future. In this podcast episode, Dan Wellers, Global Lead for Digital Futures for SAP, ventures into the coming possibilities of blockchain for renewables and the entire energy value chain.