Transportation - Bus, Truck, Marine
transport electrification challenges
- Lack of energy density resulting in serious range & performance issues: Theoretical limit of Li-Ion batteries is less than 7% of the energy density of diesel fuel.
- Electric grid capacity constraints: Example.. NJ consumes 3 million gallons of diesel and 8 million gallons of gasoline annually. Electrification would require over 50 million megawatt hours of additional generation capacity!
- Environmental impact of batteries: Energy intensive mining, limited recycling options for lithium based batteries.
RIED can offer alternatives...
- 'Deep Dive' analysis: Utilizing low / negative carbon alternatives to batteries and other novel potential solutions.
- Integrating novel "out of the box and commercially proven technologies to provide a comprehensive solutions to the demand for low-carbon transportation.
- Leverage federal and state incentives such as loans, loan guarantees, grants, and tax credits, and private financing packages to minimize implementation costs.