Mayor Adams Announces $4 Billion Plan to Make new Schools All-Electric, Electrify 100 Existing Schoo - nyc.gov

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October 28, 2022

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Nation’s Largest School Electrification Effort, “Leading the Charge” Will Be City’s Most Impactful Energy-Saving Initiative Under Local Law 97

Electrification Retrofit Projects Will Prioritize Environmental Justice Communities, Eliminating No. 4 Heating Oil by 2026 Throughout School System and Installing Upgraded, More Efficient LED Lighting at 800 Schools

Investment Will Help Develop Next Generation Green Workforce

NEW YORK – New York City Mayor Eric Adams today launched “Leading the Charge” — a $4 billion plan to combat climate change, create healthier learning environments, improve air quality in communities disproportionately burdened by climate change and environmental injustice, and help develop the next generation’s green workforce. With this plan, the construction of all new city schools will be all-electric, and the city will complete or initiate the conversion of 100 existing schools to all-electric heating by 2030.

Under “Leading the Charge,” the Adams administration will end the city’s use of highly polluting No. 4 heating oil in schools — four years ahead of the legal mandate. The city will also install upgraded, more efficient LED lights in 800 schools by 2026 and support training and development for the students who will become the next generation of the green workforce. Mayor Adams launched the initiative at P.S 5 Dr. Ronald McNair Elementary School in Bedford-Stuyvesant, Brooklyn, which will become the city’s first existing school to eliminate the use of fossil fuels and provide all-electric heating.

“New York City is ‘Leading the Charge’ in fighting climate change, giving our young people the tools for a great education and preparing them for the green jobs of the present and the future,” said Mayor Adams. “Under this bold plan, we will not only electrify 100 schools but also ensure that we never again build a school in New York City that runs on fossil fuels. In ‘Leading the Charge,’ we are making a $4 billion investment in the health, education, and prosperity of our young people.”

“Today’s announcement of a major investment in school electrification shows that this administration is serious about combating climate change and creating healthy learning environments for our city’s children,” said First Deputy Mayor Lorraine Grillo. “Thanks to SCA and DCAS for leading the way on reducing carbon emissions from our schools.”

“Today’s $4 billion plan for greener, cleaner schools marks a paradigm shift in how New York City protects the air our students breathe,” said Deputy Mayor for Operations Meera Joshi. “By doubling down on our efforts to decarbonize school environments — both in school buildings and for student transportation — we are making a significant motivational investment in our future climate leaders.”

“The city’s commitment to electrify schools exemplifies our all-of-government approach to combating climate change,” said New York City Chief Climate Officer Rohit T. Aggarwala. “New York City is leading by example — making tremendous investments in clean, efficient buildings and prioritizing communities that are most impacted by climate change and pollution.”

“The SCA has spearheaded the effort to reduce greenhouse emissions at our schools, becoming the first to commit to building all-electric new school buildings while working with our city partners to retrofit existing buildings,” said New York City School Construction Authority (SCA) President and Chief Executive Officer Nina Kubota. “Thanks to the mayor’s support, we’ll continue to be at the forefront of researching, developing, and providing state-of-the-art learning facilities while combating climate change.”

“‘Leading the Charge’ lays the foundation to build a greener city and secure a better future for all New Yorkers,” said New York City Department of Citywide Administrative Services Commissioner Dawn M. Pinnock. “We are excited to play a key role in this new initiative and help fund projects that will significantly reduce greenhouse gas emissions — the equivalent of removing 26,000 cars from city streets — improve learning environments with energy efficient lighting, and chart new pathways to careers in the green workforce. Coupled together, this work can make a substantial difference in our efforts to combat climate change and fortify our city’s commitment to transition to green energy.”

“Schools are the centers of our communities, and it is paramount that our buildings and facilities operate in a way that bolster healthy learning environments for our students and support a cleaner city for New Yorkers, young and old,” said New York City Department of Education Chancellor David C. Banks. “Beyond making our city a greener place, this initiative will work to provide our students with invaluable career experiences, preparing them to one day join the workforce tackling climate change. I’m proud of the strides this administration is taking towards combating climate change through this initiative.”

“Electrifying our schools is a triumphant endeavor that would have seemed infeasible in a system that only recently burned coal,” said New York City Mayor’s Office of Climate and Environmental Justice Executive Director Kizzy Charles-Guzman. “This commitment and investment — including removing polluting No. 4 heating oil four years ahead of the legal mandate — means that students and communities will be breathing cleaner air today, while New York City creates well-paying jobs and leads by example on how to focus our capital investments on climate-smart solutions.”

Under “Leading the Charge,” all new schools designed and constructed by SCA will be fully electric, reducing the city’s reliance on fossil fuels. The city will also no longer initiate new projects to install fossil fuel combustion boilers in existing schools. The program is expected to reduce greenhouse gas emissions by 120,000 tons annually and remove over 20,000 pounds of harmful, disease-causing fine particulates from the air — the equivalent of removing 26,000 cars from city streets and avoiding nearly 100 respiratory incidents, saving lives and reducing hospitalizations. The city has already achieved a 27-percent reduction in greenhouse gas emissions from government operations since 2006, and this program alone will achieve an additional three-percent reduction, making it the single most impactful energy saving initiative the city is undertaking towards the Local Law 97-mandated reduction target of 50 percent by 2030.

Electrifying school heating systems the city will eliminate the use of highly polluting No. 4 heating oil by 2026 by converting over 200 schools to ultra-low sulfur biofuel — a critical step towards electrification. The interim conversion to cleaner-burning biofuel will immediately improve neighborhood air quality by reducing disease-causing particulates from onsite combustion by 99 percent.

Mayor Adams’ investment in school electrification includes $520 million over the next two fiscal years to electrify the first 19 existing schools. These electrification projects will replace fossil fuel-burning boilers that provide heat in older schools with high-efficiency, all-electric heat pumps, leapfrogging the conventional conversion to natural gas boilers and avoiding a prolonged dependency on fossil fuels. These all-electric heating systems will also improve ventilation and provide fresh air to assembly spaces and classrooms, enhancing the learning and teaching environment. Schools located in environmental justice communities will be prioritized for these retrofits.

The “Leading the Charge” plan will also bring high-efficiency, LED lighting to 800 schools, approximately half of all DOE facilities. This $540 million, four-year retrofit initiative — a partnership with the New York Power Authority (NYPA) — will employ an accelerated “direct install” delivery model, whereby qualified contractors retrofit existing fixtures with pre-specified high-efficiency components. The lighting retrofit program represents the largest and most cost-effective opportunity to save energy and help meet the city’s goal of reducing greenhouse gas emissions from government operations by 50 percent by 2030.

The full cost of the plan is $4 billion. The city has so far committed $2 billion and will identify the remaining funds in the coming years.

To help build a pipeline for the new green workforce, Mayor Adams is launching a $13 million program to hire and train a group of skilled trades workers who will work to eliminate the No. 4 heating oil from school facilities. This centralized pool of workers — consisting of union electricians, plumbers, steam fitters, and machinists — will grow over time to support the clean energy transition and greenhouse gas reduction efforts across DOE’s portfolio of buildings.

DOE is also a key participant in the city’s recently-launched Pathways to Industrial and Construction Careers initiative, which is made possible by $18.6 million grant from the U.S. Economic Development Administration in response to New York City’s winning proposal to the Good Jobs Challenge created under the American Rescue Plan Act of 2021. To support this initiative, DOE and DCAS are seeking to create new opportunities for graduates of Career and Technical Education (CTE) high schools to begin their careers in city government positions, including skilled trades jobs. DOE and other city agencies can offer invaluable on-the-ground training and experience that builds upon the rigorous CTE curriculum and fosters advancement in the careers of the future.

“The Adams administration is taking actions today to help ensure a more sustainable future for all New Yorkers,” said New York City Department of Buildings Commissioner Eric Ulrich. “Retrofitting our public schools is a major step forward in reducing New York’s dependence on fossil fuels. The students who gain an early appreciation for science and math at this new school will be the future designers and developers of our city for decades to come.”

“Changing our schools’ fossil fuel systems over to electric represents a massive step towards a greener, cleaner city, and I applaud the administration for starting this important transition,” said New York City Department of Parks and Recreation Commissioner Sue Donoghue. “This $4 billion plan will create a green domino effect — New Yorkers will breathe easier, our trees that help mitigate against excessive heat will be happier and healthier, and reducing our carbon emissions will have tremendous benefits our local ecosystem and ecology for years to come.”

“Equity and innovation go hand in hand. With a shift to all-electric schools, New York City is setting a national example and creating healthier environments for students and communities,” said New York City Mayor’s Office of Equity Commissioner Sideya Sherman. “By focusing on the communities most burdened by environmental injustice, this administration is continuing to ensure equity is at the forefront of how we confront climate change.”

“The ‘Leading the Charge’ initiative speaks to three core commitments of Mayor Adams’ administration: rapid progress toward a clean energy future, positioning New Yorkers for economically secure careers and healthy lives, and ensuring we all benefit from a thriving economy,” said New York City Mayor’s Office of Talent and Workforce Development Executive Director Abby Jo Sigal. “Our office is excited to support the Department of Education and connect New York City public school students to promising careers in clean energy and other growing fields.”

“We need clean, reliable energy systems powering our classrooms of today and tomorrow,” said New York State Senator Roxanne J. Persaud. “New York City public school buildings see more than 1 million students, faculty, staff, and administrators every single day, consuming significant electricity and fossil fuels. The mayor’s initiative will not only convert 100 existing school buildings from oil heat to electric heat pump systems, it will also foster energy efficiencies in 800 more schools.”

“Electric power is the future of New York City, and so are its public school students,” said New York State Senator Andrew Gounardes. “I appreciate Mayor Adams’ leadership in electrifying our public schools, and I look forward to working with the chancellor and our school community members to support this transition.”

“As a member of the Energy and Economic Development, Job Creation, Commerce, and Industry committees, I know how important it is to invest into our bright young minds who are the next generation leaders,” said New York State Assemblymember Brian Cunningham. “Electrifying our schools is the right thing. Prioritizing our kids is the right thing. This investment helps reduce our carbon footprint by eliminating the use of fossil fuels and truly affords us the opportunity to save our planet. We know that this initiative will inspire cities across our country to begin electrifying their schools and prioritizing environmental justice on a larger scale. We need cleaner air and safer school buildings, and Mayor Adams is helping us to be one step closer. We are building true economic development opportunities for our youth, who are now going to learn skilled trades and diversify their skill sets as they prepare for their professional endeavors. Awarding students the opportunity to begin their careers with city government positions will prepare the next workforce to not only be professionally equipped but also to be civically engaged.”

“Electrification of buildings is an absolutely necessary step toward cleaner air, safer communities, and meeting our urgent climate goals,” said New York State Assemblymember Emily Gallagher. “The mayor’s $4 billion investment will turbocharge the capacity of our schools to transition off of dirty heating oil and inefficient lighting, and the requirement for new schools to be built all-electric is critical.”

“The ‘Leading the Charge’ initiative is a positive step in the right direction as New York gets serious about going green,” said New York State Assemblymember Nikki Lucas. “Clean heating in school buildings is important, particularly in my district where there are a high number of students who suffer from asthma and other ailments caused by poor air quality. As a supporter of unions, I am pleased that this initiative includes career training in skilled union trades, which creates real career opportunities for our youth.”

“This critical initiative will remove air pollution in schools, creating a safe learning environment for our children,” said New York State Assemblymember Jenifer Rajkumar. “Transitioning schools to electric will further several important objectives: ending our use of fossil fuels, cleaning our air, reducing greenhouse gas emissions, and ending dependence on dirty heating oil that has been linked to developmental delays, asthma, and obesity. It will also foster the future green energy workforce and blunt the effects of climate change. Through ‘Leading the Charge,’ our city is confronting these urgent issues head-on. The program also provides exciting opportunities for financial empowerment, training people for well-paying union jobs in our clean energy transition.”

“With a climate crisis looming larger and larger every day, we cannot waste a moment more in building sustainable, environmentally conscious spaces and cities,” said Brooklyn Borough President Antonio Reynoso. “Our children deserve to grow up with a strong, supported education and a stable, healthy world in which to use it. I’m so proud that this green initiative, born right here in Bed-Stuy, will soon be spreading across our city, making it more sustainable for future generations.”

“There is no question we need to take urgent action to solve the climate change crisis, so it is very encouraging to see the city be a leader in this effort,” said Queens Borough President Donovan Richards Jr. “The elimination of highly polluting No. 4 heating oil from our school system and beyond will be particularly beneficial and is something I have been calling for for a long time. Mayor Adams and his administration deserve to be commended for putting New York City at the forefront of the fight to address potentially catastrophic climate change.”

“We applaud the mayor for including DOE in this program and seeking to create career opportunities for high school graduates,” said Staten Island Borough President Vito Fossella. “We are firm believers and supporters of vocational, CTE programs and teaching of skilled trades that provide a clear path from school to career.”

“Climate change is one of the biggest threats facing this city and our country. It is crucial New York City lead by example and invest in clean energy,” said New York City Councilmember James F. Gennaro, chair, Committee on Environmental Protection. “I applaud Mayor Adams on the launch of this historic initiative, which I hope will pave the way for all city schools.”

“Electrifying schools is a pivotal component of the Green New Deal that our city needs to take to fight climate change,” said New York City Councilmember Rita Joseph, chair, Committee on Education. “Making new schools all-electric is a step in the right direction towards the progress we need, and I commend this policy change. I look forward to collaborating with my local, state, and federal colleagues to continue to work towards the climate investments that New Yorkers need and deserve.”

“As somebody who helped facilitate the building of the first green school in New York City, I am so glad that Mayor Adams is prioritizing green infrastructure,” said New York City Councilmember Julie Menin. “This expansion of green energy shows the city is working towards climate equity in creative ways, which is crucial for climate justice and the health of our New Yorkers.”

“The lighting improvements implemented throughout New York City schools increase the buildings’ energy efficiency, lowering operating and maintenance costs while also reducing the schools’ carbon footprint,” said NYPA Interim President and CEO Justin E. Driscoll. “We are excited to partner with New York City on this project, and I commend Mayor Adams for taking this meaningful step in advancing New York’s ambitious clean energy goals.”

“I want to thank the mayor for the commitment that he has made today. These investments address serious concerns for all New Yorkers,” said Christopher Erikson, business manager, Local 3, International Brotherhood of Electrical Workers. “Climate change, one of the world’s most pressing issues, is being combated on many fronts. The reduction of the carbon footprint here in our city and the positive effects on the health of our children will have an enormous positive impact on their futures. The mayor has put the resources in play to make that happen. On behalf of the 28,000 members of Local 3 of the International Brotherhood of Electrical Workers and their families, I commend you for this action and commit to ensuring the success of this most worthwhile endeavor.”

“This is a great step forward to protect the health of our city, starting with the environmental justice communities who have borne the brunt of the climate crisis. By investing in disadvantaged schools, we set the standard for cleaning up New York’s buildings, phasing out fossil fuels, and creating career jobs in renewable energy — work embodied in our ‘Green, Healthy Schools’ campaign,” said Maritza Silva-Farrell, executive director, ALIGN. “ALIGN applauds Mayor Adams for this crucial investment, and we look forward to continuing our collaboration with the administration, labor unions, and impacted communities to build a cleaner, greener future for New York.”

“NYC-EJA welcomes this announcement from the Mayor’s Office of Climate and Environmental Justice to make New York City schools healthier and climate-resilient as schools are some of the most polluting public buildings in the city and children are among the most vulnerable to poor air quality,” said Shravanthi Kanekal, resiliency planner, New York City Environmental Justice Alliance (NYC-EJA). “These efforts would move New York City works towards reducing climate pollution and emissions while ensuring that more New Yorkers have access to healthy schools, good-paying clean energy jobs, and surety of more resilient neighborhoods.”

“Schools are meant to be the space where our future generations learn, grow, and thrive, not a source of toxic pollution that hurts children’s health for their lifetime,” said Sonal Jessel, director of policy, WE ACT for Environmental Justice. “Phasing out No. 4 fuel oil and electrifying schools equitably is an action we have been advocating to see for many years. Children in communities of color and low income are exposed to disproportionately more air pollution, leading to higher rates of asthma, and asthma is one of the leading causes of school absenteeism in New York City. These communities deserve to have schools that are a healthy environment for learning, and we thank Mayor Adams, the Mayor’s Office of Climate and Environmental Justice, and New York City schools for coming together to take bold steps to protect our young New Yorkers today.”

“As a born-and-raised New Yorker whose life has been through public housing, public schools, and public transportation, it brings me joy to know Black and Brown kids will have the opportunity to live, learn, and grow a healthier community,” said Daphany R. Sanchez, executive director, Kinetic Communities Consulting. “Kinetic Communities is glad the city is taking necessary steps to ensure an equitable clean energy transition occurs, centered around communities that have been historically disinvested in.”

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Mayor Adams Announces $4 Billion Plan to Make new Schools All-Electric, Electrify 100 Existing Schoo - nyc.gov
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Electric trucks: Can California force out diesel models? - CalMatters

Swarming honeybees can produce as much electricity as a thunderstorm, study shows - CNN

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CNN  — 

Swarms of honeybees can generate as much electrical charge as a thunderstorm, new research shows.

In a study published in the journal iScience on Monday, researchers from the University of Bristol in the United Kingdom discovered this phenomenon by chance.

Biologist Ellard Hunting, first author on the study, told CNN that the Bristol team was studying how different organisms use the static electric fields that are everywhere in the environment.

Atmospheric electricity has a variety of functions, mainly in shaping weather events and helping organisms, for example in finding food.

A swarm can occur when a hive becomes overcrowded.

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“For instance, flowers have an electric field and bees can sense these fields. And these electric fields of flowers can change when it has been visited by a bee, and other bees can use that information to see whether a flower has been visited,” Hunting explained.

Having set up equipment to measure atmospheric electric fields at the university’s field station, which features several honeybee hives, Hunting and his team noticed that whenever the bees swarmed, there was “a profound effect on atmospheric electric fields,” even though the weather hadn’t changed.

All insects create a charge during flight as a result of friction in the air, with the size of the charge varying between species. Individual bees carry a charge that is small enough to be overlooked by researchers, so “this effect (in swarming bees) came as a surprise,” Hunting said.

The researchers observed the hives on the field station, using a camera to record and electric field monitors to measure currents during the honeybee swarms. Swarms can occur when a hive becomes overcrowded, with the queen bee leaving with around 12,000 worker bees, researchers wrote in the study.

A Massachusetts woman who allegedly unleashed a swarm of bees on authorities who were enforcing an eviction is facing assault and battery charges, according to the Hampden County Sheriff's Office. Rorie Susan Woods, 55, allegedly pulled up to the site of the eviction in Longmeadow, parked her SUV and immediately began opening the lids of the bee hives she was towing, authorities said in a press release.

Hampden, MA, County Sheriff's Office

Massachusetts authorities accuse woman of unleashing bees on deputies during eviction protest

The monitors measured the currents for approximately three minutes at a time as the swarms passed over them, and captured charges ranging from 100 to 1,000 volts per meter. Hunting and his colleagues noticed that the electric field was greater when the swarm was thicker – more densely packed with bees. They found that, depending on the swarm density, the atmospheric charge could be similar to that of a storm cloud, thunderstorm or electrified dust storm.

Using the model developed with the honeybees, the team predicted the influence of other insect species – such as locusts – that swarm on a “biblical scale,” and theorized that they have the potential to change their local electrical environment with a “magnitude comparable with meteorological events,” the study says.

Hunting said he believes the team’s findings open up new avenues of research, especially in the relationship between the natural world and atmospheric electricity.

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Shaker Heights’ electric aggregation start-up pushed back to June 2023 - cleveland.com

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SHAKER HEIGHTS, Ohio -- Citing “drastic market rate fluctuations,” City Council has opted to postpone the start of its new electric aggregation program until next June.

Council’s Sustainability Committee also had recommended pushing the date back from January. The move will keep about 8,000 customers with the current “default supplier,” the Cleveland Electric Illuminating Company (CEI), at its “standard service offer” rate.

“The current wholesale and retail electricity markets are experiencing significant volatility, with prices increasing substantially in a short period of time,” City Law Director William Ondrey Gruber and Sustainability Coordinator Michael Peters noted in an Oct. 24 memo to council.

Earlier this year, council approved the plan allowing the city to proceed with its own 100 percent renewably sourced electric aggregation program.

The city also gave the necessary six-month notice in June to its then-electric aggregator, the Northeast Ohio Public Energy Council (NOPEC), that it was leaving to launch the first municipal “all-green” initiative in Northeast Ohio.

From there, the city was supposed to remain with NOPEC through the end of 2022, with Gruber and Peters noting that their rates had already doubled to 12 cents per kilowatt hour (kWh).

“In an unexpected move, NOPEC announced on Aug. 24 that it would be returning 550,000 customers to the standard service offer (SSO) from CEI (among other distribution companies in the state), which was offering a rate of 5.9 cents per kWh.”

That rate included customers in Shaker Heights, the memo to council stated.

With that in mind, city officials on Monday (Oct. 24) recommended postponing the start of Shaker’s own aggregation program to June and leaving city customers on the CEI standard service offer until then.

“The rationale is to maximize cost savings,” Gruber and Peters said, noting that the current offer through CEI and its parent company, FirstEnergy, remains the lowest-cost supply due to long-term contracts entered into by the utility.”

That could all change in the spring, when some of those utility contracts expire.

Until then, the SSO is likely to remain significantly lower than the market prices through May 2023, the memo stated. “If the city was to start its program in January, it would increase costs for customers significantly compared to the SSO rate they will still be on in January.”

The other issue remains the city’s planned switch to 100 percent “green” energy, which could include the purchase of “renewable energy credits (RECs).”

“Although one of the goals of the city program is to create demand for new renewable energy generation in Ohio, (the city is) recognizing the obstacles to achieve this in the short term due to supply chain, state regulatory and grid operator issues,” Gruber and Peters noted.

As a result, “the decision was made to request bids that included both the supply of electricity and an offsetting amount of ‘RECs,’” the memo added. “This is viewed as a transitional strategy until Ohio-produced renewable power can be contracted, which also brings additional air quality and environmental justice benefits.”

The city sent out 11 requests for proposals from suppliers and received two responses -- from Dynegy and Energy Harbor, both of which were in the 8-cent per kWh range for October, with the SSO from CEI holding at 5.84 cents/kWh.

The requests for proposals asked for pricing from one year up to four years, with responses covering three options set by the Sustainability Committee and the city’s consultant, Aspen Energy.

With council signing off on Monday, the city administration now plans to “refresh” the pricing offers from both potential suppliers, negotiate terms and sign a contract between now and Nov. 23.

Between Dec. 1 and March 14, 2023, the city will purchase the actual electric supply and renewable energy credits, with officials noting that “the exact date depends upon the status of the electricity market.”

Notices are expected to be sent out to customers in March or April.

Until then, Vice Mayor Sean Malone emphasized the importance of communicating to the public that the decision to postpone the program resulted from “drastic rate fluctuations” in the current energy market.

“The important takeaway is that this is a unique energy market right now, one that we anticipate will turn in a favorable direction from what has been going up dramatically,” Malone added.

Shaker has operated its own municipal natural gas aggregation program since 2006.

Meanwhile, the city has set up a webpage for the electric aggregation program at https://www.shakeronline.com/827/ElectricAggregation-Program

Read more from the Sun Press.

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Bosch Expanding Dorchester County Operations with Launch of Electric Motor Production | S.C. Governor Henry McMaster - S.C. Governor's Office

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1. Bosch Expanding Dorchester County Operations with Launch of Electric Motor Production | S.C. Governor Henry McMaster  S.C. Governor's Office
2. Bosch dives deeper into the EV industry with +$260M electric motor expansion  Electrek.co
3. Bosch launching electric motor production in Dorchester County  WCBD News 2
4. Bosch Celebrates The Launch Of Electric Motor Production In South Carolina  Forbes
5. Bosch launches electric drive production in South Carolina - electrive.com  www.electrive.com
6. View Full Coverage on Google News

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Mississippi electric co-ops top 100000 high-speed internet subscribers - YallPolitics

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Since 2020, 100,000 rural residents have subscribed to, received high-speed internet from 17 wholly owned subsidiaries of electric cooperatives across the state.

Since 2020, 100,000 rural Mississippi residents have subscribed to and received reliable high-speed internet from 17 wholly owned subsidiaries of electric cooperatives across the state, this according to the Electric Cooperatives of Mississippi (ECM).

The 17 electric cooperative subsidiaries have collectively built nearly 25,000 miles of fiber optical cable and invested more than $760 million for high-speed internet infrastructure.

“These 17 electric cooperatives began offering high-speed internet in 2020, so in just a short two-year time span, the cooperatives have created subsidiary organizations, secured funding, completed engineering design plans, constructed fiber lines, and are serving 100,000 rural residents with quality high-speed internet service,” ECM said in a release. “The number of subscribers continues to grow every day.”

For many of the subsidiaries, the number of internet subscribers has surpassed, and in some areas, even doubled what the feasibility studies estimated.

Governor Tate Reeves stated that this is a tremendous win for our rural communities.

“High-speed internet plays a foundational role in driving education and economic gains, and we’re going to continue expanding access to this technology across Mississippi,” Governor Reeves said.

Lieutenant Governor Delbert Hosemann noted that in a global economy, Mississippians must have the opportunity to be connected to be successful.

“This is why the millions of dollars invested by the Legislature in broadband over the past several years are so important,” Hosemann said. “We are grateful to our electric cooperatives and all providers who have joined with us in an effort to equip even the most rural areas of Mississippi with high-speed Internet access.”

Speaker of the House Philip Gunn said as the end of the calendar year approaches, he applauds Mississippi’s 17 electric cooperatives that have reached 100,000 plus homes and businesses with their high-speed internet services.

“In 2019 I was proud to author HB 366, The Mississippi Broadband Enabling Act, which permitted the electric cooperatives statutory authority to provide internet services across Mississippi,” Gunn continued.

Electric Cooperatives of Mississippi’s CEO Michael Callahan said the collective efforts of the electric cooperatives’ subsidiaries will combine to be one of the largest economic development investments in our state’s history.

“The benefits of this infrastructure investment will impact Mississippians for decades to come,” Callahan said. “The work that our cooperatives and their subsidiaries have accomplished over the past couple of years is remarkable. Reaching 100,000 subscribers collectively is an incredible milestone and a testament to the hard work of our employees across the state,” Callahan said. “As the build out for high-speed internet continues across our state, many more rural families will soon have access to reliable and fast internet service.”

“Offering high-speed internet seemed like a risky business venture because it is costly; however, after the meeting in Tupelo with Commissioner Presley, several of our cooperatives conducted feasibility studies. Although it was costly, the studies showed that for many of our cooperatives it would be beneficial for the members, who needed the service, and for the cooperatives,” Callahan explained.

The ECM CEO said the need in Mississippi for high-speed internet became painfully clear with the onset of the pandemic in 2020. ECM said the COVID-19 pandemic accelerated the need for high-speed internet for distance learning, telemedicine, and work from home opportunities.

“During the 2020 Legislative session, Chairman Scott Bounds of the House Public Utilities Committee and Chairman Joel Carter of the Senate Energy Committee worked to create and approve the COVID-19 Broadband Grant Program, providing $75 million in matching grant funds to 15 of the 17 cooperatives. The grant funding was made available through the CARES Act, which provided financial recovery to the state from the federal government for the COVID-19 pandemic,” the release stated.

The Broadband Grant Program funded pilot projects for the electric cooperatives’ subsidiaries to provide high-speed internet service to unserved or underserved areas of the state.

Before this grant funding was made available, only four local electric cooperatives had board approval and were moving forward with internet projects.

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ADB leads $135 million climate financing package to support electric mobility in Vietnam - Automotive World

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HANOI, VIETNAM – Media OutReach – 24 October 2022 – The Asian Development Bank (ADB) mobilized a $135 million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network. The assistance will support Vietnam’s efforts to achieve net-zero greenhouse gas emissions and expand high-tech manufacturing industries.

The climate financing comprises 7-year tenor financings, including a $20 million loan funded by ADB, parallel loans of $87 million facilitated by ADB as mandated lead arranger, and concessional financing of up to $28 million. The climate financing is certified by the Climate Bonds Initiative, a scientifically-based standard for labelling bonds, loans and other debt instruments which contribute to addressing climate change.

ADB has partially offset the project’s risks by utilizing concessional financing through its managed trust funds comprising loans from the Australian Climate Finance Partnership funded by the Australian Government (ACFP), the Clean Technology Fund (CTF) and a grant from the Climate Innovation and Development Fund, which is funded by Goldman Sachs and Bloomberg Philanthropies.

Parallel loans were also mobilized by ADB from Export Finance Australia, the Finnish Fund for Industrial Cooperation, Oesterreichische Entwicklungsbank AG, and responsAbility.

“This project delivers a high-impact, sustainable transport solution for Vietnam while helping it meet its climate goals and supporting the growth of climate finance in the region,” said ADB Private Sector Operations Department Director General Suzanne Gaboury. “Asia and the Pacific is the frontline of the global fight against climate change, and private sector projects like this one with innovative partners such as VinFast are crucial to help its countries decarbonize their economies.”

Vietnam’s transport sector accounts for 18% of annual greenhouse gas emissions, and its decarbonization, through options like e-mobility, will directly impact the country’s ambition to achieve net zero emissions by 2050.

Additionally, the project includes a technical assistance (TA) of $950,000 from the ACFP and the CTF, focused on raising consumer awareness about e-mobility’s economic, environmental, and social impacts to help advance its market penetration. The TA will also help promote the role of women studying for or working in fields related to science, technology, and mathematics.

“We are delighted to receive this extensive support and a long-term financing package from ADB and several esteemed international Development Finance Institutions. We see this as a vote of confidence in our efforts to become a global smart mobility company that offers environmentally friendly public transportation, and to advance Vietnam’s transition to a low carbon economy,” said VinFast’s Global CEO Thuy Le.

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.

Established in 2017, VinFast is Vietnam’s first domestic car company and electric passenger vehicle manufacturer. VinFast is a subsidiary of Vingroup Joint Stock Company, Vietnam’s largest private enterprise. VinFast develops electric cars for the domestic and international market, and is investing in a nationwide network of fast-charging units to support its electric vehicle expansion in Vietnam.

SOURCE: Vingroup

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Morning Bid: Xi's electric - Reuters

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Oct 24 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever

Chinese politics, Japanese policy.

Remarkable developments on both fronts over the last 48 hours will be the talk of Asian trading floors on Monday - the former with longer-term economic consequences, and the latter potentially sparking more immediate market fireworks.

In Beijing, China's Xi Jinping has secured a historic third leadership term, becoming the country's most powerful ruler since Mao Zedong. His grip on the Communist Party - and the country - appears to be iron.

This was offered up for public consumption on Saturday when former President Hu Jintao was unexpectedly escorted out of the Party Congress's closing ceremony. Video footage showed Hu, who was sitting next to Xi, looking distressed and confused.

Xi's cabinet reshuffle may also see central bank chief Yi Gang stepping down and being replaced by former deputy governor Yin Yong, according to sources. "The pro-reform camp is almost out," says one.

Meanwhile, Japan intervened in the FX market on Friday after the yen slumped to a new 32-year low close to 152.00 per dollar. However many dollars Tokyo sold, it packed a punch - the greenback sank more than 7 yen to low of 144.50 before ending the day around 147.50.

chart

But it remains to be seen whether this turns the yen-selling tide, or whether the FX market reloads and goes again. As long as the U.S.-Japanese monetary policy chasm is in place, traders will feel there is still juice in the long dollar/short yen trade, despite the specter of Japanese intervention.

Although the intervention was a "success", the dollar around 147.50 yen today is stronger than it was when Tokyo last intervened selling almost $20 billion on Sept. 22. Then, the dollar was just below 147.00 yen.

History suggests this is not over yet.

Key developments that could provide more direction to markets on Monday:

Australia PMIs (October)

Japan PMIs (October)

U.S., European PMIs (October)

Reporting by Jamie McGeever in Orlando, Fla.; Editing by Lisa Shumaker

Our Standards: The Thomson Reuters Trust Principles.

Opinions expressed are those of the author. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Jamie McGeever

Thomson Reuters

Jamie McGeever has been a financial journalist since 1998, reporting from Brazil, Spain, New York, London, and now back in the U.S. again. Focus on economics, central banks, policymakers, and global markets - especially FX and fixed income. Follow me on Twitter: @ReutersJamie

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Electric Last Mile plant sold to Mullen - Automotive News

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The former Hummer plant in northern Indiana is now on its fourth owner in five years, a stretch in which it has gotten $20 million worth of upgrades but failed to produce the jobs and vehicles its purported saviors have promised.

The Mishawaka plant now belongs to Mullen Automotive Inc., which last week bought the assets of Electric Last Mile Solutions Inc. The sale marked the end for Electric Last Mile, a Michigan-based electric vehicle startup whose spiral started this year.

Mullen, based in Brea, Calif., is dealing with its own financial struggles but was approved by the U.S. Bankruptcy Court District of Delaware to take over the Indiana plant as well as Electric Last Mile's inventory and intellectual property.

The stalking-horse bid of "almost $100 million in total consideration" was placed in mid-September following Electric Last Mile's filing for Chapter 7 bankruptcy liquidation.

Mullen is trying to break into the crowded EV market by piecing together struggling Detroit-area startups. It bought Bollinger Motors last month for $148 million.

"Upon closing the ELMS transaction, the company will be in a position to strategically leverage all its acquired assets to shorten its production path and aggressively expand into the commercial and consumer EV market," Mullen CEO David Michery said in a statement.

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Why Many Fire Departments Aren't Ready for Electric Vehicles - Route Fifty

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The U.S. auto industry’s sudden shift toward producing more electric vehicles has far-reaching consequences for local governments, including fire departments.

Michael O’Brian, the chief of the Brighton Area Fire Authority in Michigan, explained that fires in electric vehicles can take crews far longer to handle than those in gas- or diesel-powered cars and trucks.

O’Brian, who is also the chair of the International Association of Fire Chiefs’ lithium-ion battery work group, said the changing technologies could also affect the kinds of equipment and staffing that fire departments require.

These changes are happening faster than many people predicted, he said, which means now is the time for communities and fire departments to start preparing.

Route Fifty spoke with O’Brian about what fire departments can expect from battery-powered vehicles. This interview has been edited for clarity and brevity.

How prepared are fire departments for the coming influx of electric vehicles?

Some of the fire service is well prepared, but I truly believe that for the most part, our fire service is behind in preparing our firefighters for responding to incidents involving electric vehicles. It depends on where you’re at in the country, but probably less than 10% of the U.S. fire service is well-prepared for a response.

So what’s the difference between responding to a fire in a gas-powered vehicle and an electric one?

Most accidents involving a regular vehicle or a vehicle fire – as long as it’s not in a structure – take about 30 minutes. It takes two to three firefighters and they’re done.

When you have an engine compartment fire on a gasoline-powered vehicle, you open the hood, put water on it and you go about your day. With an electric vehicle, we don’t have access to the cells that are on fire. It’s an enclosed package. So we’re not extinguishing fires anymore, we’re cooling them. We can’t stop that fire. It has its own oxygen. It creates its own heat. We’re cooling them to limit that fire from spreading.

But that incident where we have a thermal runaway is a minimum of one hour. If that battery pack is unable to be cooled, or if it continues to propagate from cell to cell, this could be a three-hour incident for us.

You can’t have firefighters in air packs for three hours. So it’s multiple crews. It’s now multiple rigs. We go from 500 gallons to extinguish a vehicle fire to in excess of 5,000 – anywhere between 3,000 and 10,000 gallons.

There’s an added layer of complexity. There’s an added layer of time. There’s an added layer of technicality. A lot of it is just changing the mindset and adopting a more defensive approach.

So you’re still using water to put out these fires?

There’s nothing else right now that’s commercially available. [Vehicle] manufacturers produce an emergency response guide, and in most cases, they say you can’t use foam. So foam’s off the table. Carbon dioxide or other materials just don’t provide the cooling that water does. So water is the answer.

When you say fire departments are underprepared for EVs, why is that?

The National Fire Protection Association and a lot of associations have been doing a lot of good work over the last couple of years to really prepare the fire service. But a couple years ago, we had a few manufacturers [of electric vehicles]. Now, it’s all manufacturers. As I travel the country, some people think the average consumer is not going to buy an electric vehicle.

If you’re in communities where you’re seeing battery powered vehicles going down the road, then you’ve adopted a philosophy that you need policies, procedures and training to get everybody ready.

I don’t think a lot of communities realize how many electric vehicles are now within their area. Regardless of manufacturer or propulsion type, we don’t have a lot of incidents with 2022 vehicles. When we look at vehicle fires, they’re typically in older vehicles.

From the IAFC’s standpoint, we’re really trying to prepare fire chiefs so they can have community led discussions and build partnerships, so people know there are changes that are going to take place. We need to educate our communities to let them know there is a changing paradigm of what [firefighters] can and can’t do.

It’s not that the fire department is not doing their job [when they let a vehicle burn itself out]. It’s limiting its environmental impact. It’s limiting the amount of resources we have to commit to an incident.

What about extricating people from electric vehicles? Do electric vehicles change how you do that?

In the last 15 to 20 years, our approach to vehicle extrication in general has changed, just due to the presence of airbag cylinders. When our crews use the “jaws of life” or hydraulic extrication tools, we’ve adopted a peel-and-peak approach before we go and cut a column. We want to peel off as much plastic as possible to make sure they’re not cutting into something they shouldn’t be.

That’s where it gets complicated with electric vehicles. Our staff cannot be cutting into high-voltage lines.

But there is more training on electric vehicle extrication than there is about electric vehicle firefighting. The fire service has a ton of apps, a ton of resources. Over the last 10 years, there’s been a lot of work on vehicle extrication and how to work around that battery pack.

On fire prevention, there have been several electric vehicle models recalled after fire-related incidents. Some parking facilities won’t even let people park some models. Will that become more common? Or will parking garages have to space vehicles farther apart?

No, but I do think more study needs to be done on what the impacts are if there is a fire event and what the impact is on our structures.

Take a parking deck. The question that needs to be raised is about the built-in fire protection, such as sprinklers: Is it adequate for the fire hazard that today’s car creates? We need more information on smoke removal. Now, we can put out a vehicle fire in 30 minutes or less. What happens when that’s a three-hour event? There may not be a bigger impact on the structure, but there is definitely going to be a lot more smoke production. And we need to get that smoke out of that structure.

In the future, fire codes will require fire sprinklers where you work on or repair electric vehicles. There’s a lot of buildings in the United States where they work on vehicles right now that do not have fire sprinklers.

How will these changes in the fire service affect city budgets and resources?

There is no doubt the U.S. fire service is understaffed. With staffing [shortages] in hospitals, we’re seeing our ambulance crews getting stretched. They’re having longer times in hospitals waiting to get beds. That has created a pretty significant impact on our resources.

Anytime we go from incidents of 30 minutes up to three or four hours with possibly subsequent [hospital] visits is a huge demand on our fire service.

If I have a fire on a freeway today, there are no hydrants there. So we would send one truck to extinguish the fire and another rig to protect its workers – two crews. In the future, if that’s an EV fire, and I choose to apply water as part of a cooling strategy, and I need to get 8,000 gallons, that’s eight trips for a 1,000-gallon truck. But really, it’s more, because they have to get off the freeway, they have to fill the truck and they have to come back. So it’s probably four apparatuses working on that incident for three hours.

What happens when the fire department’s own vehicles become electric?

Let’s take the fire truck out of this for right now. In my fire department, I own about 12 gas- or diesel-powered civilian vehicles for inspectors, for our chief officers and for our on-duty supervisors. How do I electrify those vehicles and utilize them in emergency services?

I think in a suburban environment, we’re going to be OK. But let’s think about what just happened [in Florida when Hurricane Ian struck]. There were plenty of battalion chiefs riding around in a super-duty style vehicle in saltwater, trying to get to people, to help them in emergencies. When that’s a battery-powered vehicle, we can’t do that anymore.

Think about the impacts during wildland fires. Out west, they’re shutting down power grids. How do I come up to support those [firefighters] and move them around.

The manufacturers of ambulances are having an extreme shortage right now. We cannot buy an ambulance in much under 18 months, mostly because of chassis production. Somewhere down the road, those are going to become electric. Ambulances are utilized at very high rates. In some places, they’re running 60% to 70% of the time. How do you keep a solid state of charge on a vehicle that’s always moving, always running? They’re going to have to flip-flop vehicles. Well, now you’ve just doubled my cost for a fleet to provide EMS service.

You mentioned saltwater during Hurricane Ian. We saw that many electric vehicles that were submerged in the storm surge started on fire days after the storm, because the salt got in the batteries. What can we learn from that?

In Hurricane Sandy [in 2012], we learned that saltwater was bad for electric vehicles. Every hurricane has a parking lot filled with vehicles that were submerged with storm surge. There needs to be more study done by the [National Transportation Safety Board] and other federal agencies to support communities on this, because when you have a hurricane, your response crews are already taxed. We further compound it with these vehicles catching on fire.

If we have a submerged vehicle, we don’t want people to charge it. We don’t want towers to remove it without the right guidance, because if they do it wrong, it can create a fire event. It’s the same with a golf cart or a scooter.

So part of the messaging to our hurricane areas is, if you have a personal mobility device or personal electronics that uses a lithium ion battery, and it got submerged, how you dispose of it is important to us, because we don’t want that secondary event.

Probably over the next couple months, after Florida has kind of settled down, I think we're going to learn a lot more.

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Mill Boys Electric - WJHG

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PANAMA CITY BEACH, Fla. (WJHG/WECP) - On June 6th of this year, three friends walked out of the Panama City Paper Mill for the last time.

“When they announced the closures we were trying to come up with something to do,” said Robbie Stewart a partner in Mill Boys Electric.

The very next day they walked into a brand new adventure together.

“It was either move or find something else to do to survive,” said Jason Mathes, another partner in Mill Boys Electric.

“We didn’t want to travel, didn’t want to be away from our families, didn’t want to move nowhere,” Stewart added.

All three are electricians.

“It was kind of a joke.. that Jason had a license and I know how to bid the jobs and stuff,” said Stewart. “So the joke kind of became reality.”

That’s when they knew they were wired for something new. So they opened their own company.

“The more we thought about it the more we decided to call it Mill Boys Electric because that’s where we all met,” said Stewart. “That’s where we all started from.”

Stewart had been working at the mill for about 14 months when they pulled the plug on the operation. Mathes had been there a little longer.

“I made it exactly 5 years before they shut it down. To the day,” said Mathes.

The men said while it was a leap of faith, the positives far outweighed any negatives.

“Money gets tight but the benefits is you’re home every night with your family... you don’t have to work nights and weekends and holidays and everything else.”

Mill Boys Electric covers anything residential, commercial, or industrial.

“If it’s got electricity running through it, we’ll look at it,” said Stewart. “Give you a price on fixing it or installing it.”

The guys said some customers are shocked by their work ethic.

“We answer the phone, show up when we say we’re going to show up. We’re down-to-earth, honest people” said Stewart. “We get several jobs from people saying they called two or three contractors before us and nobody would even answer the phone. We work from Walton County all the way to Franklin County... and if the money’s right we’ll go further.”

All the partners are classified as electrical and instrumentation or ENI.

“We’re licensed and insured, all that stuff,” said Stewart. “If you need permits pulled we can pull them for new construction, remodel, meter change-outs.”

At the end of the day, they’re more like brothers than business partners.

“Everybody thinks we talk to one another all the time every day. We may be on the same job but we really don’t speak that much. we just kind of do what we need to do,” said Stewart. “We have worked together so long we know what the other one is going to do.”

They’re good friends, even though they spend so much time together.

“We hunt a little bit together, fish a little bit together, work a little bit together,” said Stewart. When asked if they’re together a little too much? (It) Depends on who you ask,” Stewart laughed.

“This isn’t a yours, mine, or his or whatever. It’s ours,” said Stewart. “So it’s more or less a family thing than anything.”

You can meet the guys in person at a special Trunk or Treat event being sponsored by Certified Roofing Solutions. They and other businesses will be at the Bay County Fairgrounds Monday, October 31st from 5 p.m. to 8 p.m.

You can always call one of the partners. Robbie Stewart (256) 476-2659 Jason Mathes (850) 227-6384 --which they said was the best number to call. Kurt Rodgers (850) 227-8507.

Copyright 2022 WJHG. All rights reserved.

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GM's new GMC Sierra EV will offer traditional truck buyers an upscale electric alternative to the Hummer - CNBC

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In this article

• GM

2024 Sierra EV Denali Edition 1

Source: General Motors

General Motors unveiled its latest electric pickup, the new electric GMC Sierra, and began taking reservations for a fully-loaded $107,000 version, called Sierra EV Denali Edition 1, on Thursday.

The automaker expects to begin shipping the Edition 1 in early 2024 and to add lower-priced versions of the Sierra EV — starting at around $50,000 — later that year.

It says the pickup will offer buyers something different when it begins arriving at dealers, even though it shares much of its technology with GMC's Hummer EV pickup and SUV and the upcoming Chevrolet Silverado EV.

One of the biggest differences between the GMC's wild Hummer EV and the new electric Sierra might be the new truck's traditional pickup shape. GMC brand chief Duncan Aldred said that's part of GM's strategy.

"It's going to attract different customers, more traditional truck buyers, whereas the Hummer EV has been attracting people from all brands, people out of exotic sports cars, for example," Aldred said during a media briefing on Thursday. "With the Hummer EV, we found that 70% of customers with reservations are new to EVs, and about 75% of them are new to the GMC brand."

"This is going to have a different feel, really appeal to the loyalists," he said.

2024 Sierra EV Denali Edition 1

Source: General Motors

Like the Hummer pickup and the Silverado, the GMC Sierra EV will have about 400 miles of range, fast-charging capabilities, and the four-wheel "crab walk" steering that has become a popular feature with early Hummer owners.

But unlike the Silverado, which will be offered initially in a "Work Truck" variant for about $40,000 with higher-priced versions to follow, GMC will lead with the most expensive version of its new Sierra EV.

2024 Sierra EV Denali Edition 1

Source: General Motors

Highlights of the Sierra EV Denali Edition 1 include a "max power mode," which will deliver an estimated 754 horsepower and 785 pounds-feet of torque; a version of GM's Super Cruise hands-free highway driving system that works with a trailer; 800-volt fast-charging capability that will add up to 100 miles of range in just 10 minutes with a 350-kilowatt fast charger; and some clever storage options that take advantage of the Ultium EV architecture's flat floor.  

Echoing a popular feature of rival Ford's electric F-150 Lightning pickup, the Sierra EV will be able to serve as a mobile power source, with 10.2 kilowatts of power available through up to 10 outlets and the ability to power a home for several days during an outage.

2024 Sierra EV Denali Edition 1

Source: General Motors

Aldred said that while the Edition 1 is expensive, later Sierra EVs will be priced to compete with rivals like the Lightning, which starts at about $52,000. Another rival, the smaller Rivian R1T pickup, starts at $73,000.

"The average light-duty [internal combustion] Sierra today transacts at an average of $65,000, and the segment [average] is just below $60,000," Aldred said. "That means we'll be putting a Sierra EV into the heart of the pickup segment."

While the high-priced Edition 1 should generate strong profit margins for GM, the lower-priced versions will be key to the company's plan to rapidly ramp up sales of EVs in the middle of the decade while remaining profitable. CEO Mary Barra has said that GM will transition fully to EVs by 2035.

General Motors will report its third-quarter results before the U.S. markets open on Tuesday.

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Biden administration awards $2.8 billion in grants for electric vehicle battery manufacturing - CNBC

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Workers marry the body structure with the battery pack and the front and rear sub frames as they assemble electric vehicles at the Lucid Motors plant in Casa Grande, Arizona, September 28, 2021.

Caitlin O'Hara | Reuters

President Joe Biden announced $2.8 billion in grants for 20 companies to produce batteries for electric vehicles in the United States.

The grants are being allocated through the Department of Energy with funds from the Bipartisan Infrastructure Law to companies in 12 states. The funding will go toward the creation of battery-grade materials including lithium, graphite and nickel.

Increasing manufacturing capacity of in the United States has been a priority for the Biden administration. In all, the Bipartisan Infrastructure Law, the CHIPS and Science Act and the Inflation Reduction Act allocated more than $135 billion toward electric vehicle manufacturing. The president has directed the industry to have EVs comprise half of all new vehicles produced in the United States by 2030.

"The Infrastructure Law also invests in people and companies that are going to build our future like electric vehicles and the advanced batteries that are going to power those vehicles," Biden said. "This is critically important because the future of vehicles is electric, but the battery is a key part of that electric vehicle and right now 75% of that battery manufacturing is done in China."

Competing with China is a central incentive for the push. China controls nearly half of global production for some of the materials needed to produce these batteries, Biden said.

"China's battery technology is not more innovative than anyone else's," Biden said. "In fact, our national labs, our research universities, our automakers led the development of this technology here in America, but by undercutting US manufacturers with their unfair subsidies and trade practices, China seized a significant part of the market."

Biden said the United States is experiencing "one of the most significant economic transitions since the Industrial Revolution."

In addition to the grants, Biden announced the creation of a new American Battery Manufacturing Initiative which will allow for a full government approach to produce batteries for uses ranging from electric vehicles and homes to defense purposes, the White House says. The move will continue the push to increase American competitiveness by creating more batteries and critical battery components in the U.S.

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U.S. awards $2.8 billion in grants for electric vehicle batteries in 12 states - PBS NewsHour

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WASHINGTON (AP) — The Biden administration on Wednesday awarded $2.8 billion in grants to build and expand domestic manufacturing of batteries for electric vehicles in 12 states. A total of 20 companies will receive grants for projects to extract and process lithium, graphite and other battery materials, manufacture components and strengthen U.S. supply of critical minerals, officials said.

The announcement comes as the administration seeks to boost production and sales of electric vehicles as a key part of President Joe Biden’s strategy to slow climate change and build up U.S. manufacturing. Biden has vowed to boost U.S. production of lithium and other critical minerals, and the sweeping climate and health-care law passed in August includes several provisions to boost electric vehicles, including tax credits for EV buyers worth up to $7,500.

Energy Secretary Jennifer Granholm, who announced the grant competition in May, called the funding announcement “huge” news that would expand made-in-America battery manufacturing for EVs and the electric grid. Projects funded under the grants will “make battery materials and components here at home that we currently import from other countries” such as China, she said.

READ MORE: This new incentive helps pay for your next electric vehicle. Here’s the catch

In a separate development, German automaker BMW said Wednesday it will invest $1 billion in its sprawling factory near Spartanburg, South Carolina, to start building electric vehicles and an additional $700 million to build a battery plant nearby.

The federal grants announced Wednesday are funded by last year’s $1 trillion infrastructure law and are separate from an executive order Biden issued last spring invoking the Defense Production Act to boost production of lithium and other critical minerals used to power electric vehicles.

Albemarle Corp., Piedmont Lithium Inc., Entek and Syrah Technologies are among 20 companies to win Energy Department grants that will help fund projects in at least 12 states: Alabama, Georgia, Kentucky, Louisiana, Missouri, Nevada, New York, North Carolina, North Dakota, Ohio, Tennessee and Washington state.

At least two projects will be located in states that have yet to be selected.

Companies selected for the grants will be required to match the federal investment to “leverage a total of more than $9 billion to boost American production of clean energy technology, create good-paying jobs” and support Biden’s goal for electric vehicles to make up half of all new vehicle sales by 2030, the White House said.

Electric vehicle sales are expected to rise dramatically between now and 2030 in the U.S. and globally. But even at the start of the next decade, they will amount to just over one-third of U.S. new vehicle sales.

EXPLAINER: How electric vehicles and other transportation innovations could slow global warming, according to IPCC

The LMC Automotive consulting firm expects EVs to represent 5.6 percent of U.S. sales this year, rising to 13.5 percent by 2025 and 36.4 percent in 2030.

Even as Granholm and other officials tout success in boosting the U.S. EV industry, automakers are warning that the vast majority of EV purchases won’t qualify for the full $7,500 tax credit.

That’s mainly because of the climate law’s requirement that, to qualify for the credit, an electric vehicle must contain a battery built in North America with minerals mined or recycled on the continent.

Granholm said the projects announced Wednesday should help the U.S. address that issue and “supercharge the private sector to ensure our clean energy future is American-made.”

Producing advanced batteries and components in the U.S. “will accelerate the transition away from fossil fuels to meet the strong demand for electric vehicles, creating more good-paying jobs across the country,” she said.

Associated Press writer Tom Krisher in Detroit contributed to this story.

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