The boss of Aston Martin has announced plans for an electric car with between 800 and 1,000 horsepower, ideal for a new zero-emissions 007.
Andy Palmer said the move of all carmakers towards electric motors is inevitable and said his 102-year-old company is ready to make the switch instead of trying to meet ever-decreasing emissions targets.
“We’re a V12 engine company. Project that into the future. Do I go the way of the rest of the industry and downsize the engine? Do I see Aston Martin with a three cylinder engine? God forbid,” Palmer said. “You’ve got to do something radical. Electric power gives you that power. It gives you that torque.”
With regards to James Bond’s choice of vehicle, Palmer said an electric Aston would make “an awfully good getaway vehicle. I don’t think James really cares what the power train is as long as it’s fast and beautiful.”
Read Full Version – via 007 James Bond’s New Electric Car.
An ambitious project conceived by an Icelandic economist aims to connect Iceland and the UK with an undersea power cable, exporting electricity to Britain.The idea has been in the works for many years but has had its fair share of logistical problems.Both Prime Minister David Cameron and Icelandic Prime Minister Sigmundur Davíð Gunnlaugsson have assembled separate expert groups to weigh the pros and cons of the plan. The results of the investigations are expected to be released within the next six months.The project courted controversy in Iceland where it was feared the cable would lead to increased energy prices in Iceland and decreased jobs of Icelanders. However, Sigmundur was quick to assure people this would not be the case. Investor and economist Hreiðar Guðjónsson believes that Iceland might not even have to pay for the project at all.
Read More via Importing Icelandic Power.
The chance of an electricity blackout has risen to its highest in a decade and the National Grid has admitted that it is more likely to draw power from additional sources to try to keep the country’s electricity flowing.The operator said it had enlisted power stations to provide extra capacity and has asked companies across the UK to be ready to cut their usage in case of a peak in demand.The acquisition of additional capacity means that the situation should be manageable, according to National Grid. These extra measures will come at a cost of 50p extra per year for customers.The forecast capacity margin for this year, in simple terms the difference between available supply and expected peak demand, is 1.2% without any additional power plants. The number is its lowest since 2005. The added power brings the number up to 5.1% however.
Dale Vince, a pioneer of the UK renewable energy industry and founder of green energy company Ecotricity, has accused the British government of corrupting the market in an attempt to scupper green energy in favour of fossil fuels and nuclear power.The criticism comes as RenewableUK, the industry’s trade association, announced that 25.3% of the country’s electricity was produced by green energy sources in the second quarter of this year – more than coal (20.5%) and nuclear power (21.5%).Ecotricity supplies nearly 170,000 British customers with electricity generated by wind and solar power.Mr Vince is calling on the government to do away with the subsidies it grants nuclear power and fossil fuels in order to create an equal opportunities market, since it has decided to cut funding for renewable energy projects already.
Electric cars could drive from London to Edinburgh on a single charge using a new battery technology being developed at Cambridge Univeristy, scientists have said.The lithium-air technology could be used to develop batteries that are a fifth of the cost and weight of current electric car batteries – enabling them to match the range of petrol and diesel cars.Although real-world usage remains “at least a decade away”, scientists say they have overcome a number of obstacles to develop a working laboratory prototype of the battery.
UK small and medium-sized (SMEs) businesses are wasting more than £82 million per year on their energy bills.That’s according to new analysis from the Energy Efficiency Financing (EEF) Scheme which stated the overspending is due to inefficient technology and old equipment.The EEF scheme is a joint initiative between the Carbon Trust and Siemens Financial Services.They studied businesses’ use of lighting, heating and hot water, cooling and ventilation and other areas of energy consumption.The report concluded “potential” energy savings of more than £414 million could be achieved per year if they invest in more energy efficient equipment.Richard Baker, Sales Manager, EEF scheme said: “Today’s tightened credit environment makes it increasingly difficult for SMEs to obtain affordable funding as traditional lenders have become more risk-adverse in their lending policy.“Consequently, many firms feel discouraged from investing in green technologies because of insufficient access to capital. However, with funding available from innovative schemes like EEF, where expected savings pay for the investment, organisations can now act on their green endeavour without having to worry about upfront capital.”
A factory that makes the traditional British dish of pie and mash has become the first factory in the world to be run entirely on power generated by potatoes.
Power is generated for the Cavaghan and Gray ready-meals plant in Carlisle, Cumbria, through a bio-refinery that converts leftover potatoes and peelings into electricity and steam.
The state-of-the-art green generator will produce 3,500 MWh a year, which is enough to supply power to 850 homes.
The potato-powered generator is also expected to produce 5,000 MWh a year in steam.
The potatoes used to create the power are taken from their own pie and mash food line, used to create ready-meals that are available in all major supermarkets.
New onshore windfarms are now the cheapest way for a power company to produce electricity in Britain, according to Bloomberg New Energy Finance (BNEF).Costs have dropped to $85 (£55) per megawatt hour (MWh) compared with the current costs of about $115 for constructing coal or gas-fired plants, its analysis found.The price of wind, which has fallen from $108 just 12 months ago, compares with nuclear which Bloomberg assesses at $190 – the latter up on a year ago as project delays are factored in to developments.
New figures released by National Grid last month show that Britain is heading towards a serious energy capacity issue. Demand is increasing, power generation spare capacity is decreasing, and this leads to an increased likelihood of the lights going out.
The main cause of this power problem is the UK’s Soviet-era energy infrastructure.
The National Grid has an obligation to provide a reliable and future-proof power grid. However, it is also a listed company and therefore has responsibilities to its shareholders, and must be driven by commercial considerations.
Like all businesses, it needs to make money; which it does from projects such as building interconnectors and managing power grids in the US.
However, for many years, the National Grid has failed to invest in forward thinking technology.
Worse, the grid has been neglected for so long that it is currently in a state where new capacity cannot be added without major upgrades.
The development of new energy generation is sorely needed, but building new power stations is a lengthy process as well as a significant investment.
Annual power and gas contracts were down in June. The annual October 15 gas contract rose early in the month, reaching a high of 47.0p/th, before falling to an average of 46.0p/th. This was 1.5% lower than in May. The initial increase was due to worries over the imposed Groningen production cap, limiting the supply outlook; however, higher LNG and Russian supplies compensated for the losses. The winter 15 power contract followed lower, dropping 0.6% to average £45.9/MWh, the lowest level since the contract opened.Spot power and gas contracts also increased initially, as gas generators were running at their highest level in many months. There was a marked decrease in both wind and coal powered generation.