AEP, Honda join forces to study EV battery reuse

first_imgAEP, Honda join forces to study EV battery reuse FacebookTwitterLinkedInEmailPrint分享Daily Energy Insider:Honda joined forces with American Electric Power (AEP) this week on a mission to give new life to used electric vehicle (EV) batteries and to expand EV integration into the power grid.Under the agreement, Honda will take used batteries from its short-lived Fit EV to AEP, which will study how best to integrate those systems into the electric grid. For the Ohio-based utility, it is the latest investigation into the implications of large-scale electrification, as it works to identify the best way to support the emerging mobility system. What AEP learns will be shared with Honda, so they can jointly develop new technology and industry standards for vehicle grid integration.“Together with AEP, we are exploring opportunities to use the 2nd life battery to improve energy security, reduce CO2 and prepare for broad scale electrification of the transportation ecosystem,” Ryan Harty, manager of Connected and Environmental Business at American Honda Motor Co., said. “Neither automakers nor utilities can address these complex technical, policy and business issues alone.”The project aims to address some challenges for the growing EV market. Managing demand will be a part of this, but increased renewable energy incorporation and the use of EV batteries as storage also require large-scale planning. Repurposing used EV batteries as additional power stores factors into this as a way to reduce strain on the power grid.Evenings, for example, could become a source of power spikes, as increasing numbers of drivers charge up after work. Batteries could store energy in anticipation of such moments, bolstering supplies during lower demand hours or when solar and wind are generating the most energy.More: AEP and Honda team up to find new use for old electric vehicle batterieslast_img read more

Branded content from credit unions

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr by: Ron ShevlinIn a paper titled Identity and Opinion: A Randomized Experiment, researchers wrote:“Content and identity are inextricably linked in social media. Facebook, Twitter, Linkedin, Pinterest, Reddit, Netflix and Amazon all provide identity cues that affect users’ link formation decisions and choices about who to follow for the best content. [This] raises an interesting question: To what extent are opinions about content influenced by features of the content itself or the identity of the user associated with the content? [The results of] a large scale field experiment show that identity effects exist and vary with a content producer’s reputation, activity level and reciprocity with the viewer.”My take: This research has important implications for credit unions deploying content marketing strategies.In a previous post here titled Content Marketing For Banks, I wrote about one bank’s efforts to pursue a content marketing strategy.According to an article in American Banker, a rather large bank “is launching a new online magazine with a goal of driving more traffic to its website.” According to an EVP at the bank, “we’re tapping into the growing trend toward trusted sources for news and information and doing it in a way that will drive new and more frequent visits to our public site.” continue reading »last_img read more

Big Four bank warns shock to unit prices will spill over to houses

first_imgA Big Four bank has expressed concern over “strong risks” in Brisbane’s concentrated new unit market, warning a major fall in prices will spill over to houses.ONE of Australia’s Big Four banks has warned that a shock to unit prices will spill over to houses — and Brisbane is in the crosshairs.ANZ has run the numbers on Brisbane’s unit oversupply and warned there were “strong risks” arising out of the concentration of unit supply in the inner city which could see any price shock spill over to the housing market. ANZ bank has warned that Brisbane was already seeing unit prices fall.In latest Economic Insight report, ANZ Research revealed analysis on the spillover effect of a 10 per cent drop in Brisbane unit prices on other parts of the market, concluding there would be a “direct negative impact” on local house prices that could last for over a year.It said such a shock would see a 4 per cent fall in Brisbane house prices three months after the shock, while a similar drop in Sydney and Melbourne would see much higher levels of price cuts.“A sharp drop in unit prices has a direct negative impact on local house prices in all three cities, with the negative effect lasting around four to five quarters,” ANZ Research said.More from newsMould, age, not enough to stop 17 bidders fighting for this home1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor7 hours agoThe Big Four bank said the “sheer number of apartments set to come to market over the next 18 to 24 months is raising fears of oversupply and the possibility of corresponding price falls.” “Indeed, Brisbane unit prices are already falling.”Nationally the backlog of work was sitting at 220,000 dwellings worth $35 billion, but it was the concentration of units in Brisbane’s inner city that raised the alarm. While a major unit price drop in Sydney would impact Brisbane, the same could not be said for the reverse, according to ANZ. Picture: Destination NSWANZ Research warned that while Sydney and Melbourne saw a wide geographic spread in apartment supply, Brisbane’s construction boom was “heavily focused” in the inner city.“The concentration of building in such a small geographical area is likely to raise the risk of oversupply emerging, in our view. At the same time, Queensland’s population growth sits around historical lows in the post-mining boom period, which exacerbates the risks in this market.”The Big Four bank said it was “potentially seeing the start of this development right now” with Brisbane unit prices sitting 2.1 per cent lower than a year ago. “On the other hand, Melbourne prices are still rising (3.2 per cent year on year), and units in Sydney are experiencing strong growth (15 per cent year on year).”“With the additions to supply set to keep coming in Brisbane, there is a strong risk that we will see this trend persist for some time.”The bank analysis found that while any price falls in Sydney would have repercussions for Brisbane and Melbourne, a price correction in Brisbane “has no spill-over effect on the other cities”.last_img read more

2017 Cowbell Regional Cycling challenge set for Monday

first_imgThe annual competition which seeks to harness cycling talents-the Cowbell cycling challenge-has been launched in Accra.This years challenge, which happens to be the maiden edition on regional basis, gets underway on Monday July 3 with Decathlon as the lead sponsor.It is an individual competition open to the general public with over one hundred and fifty professional cyclists expected registered.The Cowbell Cycling challenge is the flagship race of the Cycling Federation of Ghana in collaboration with Promasidor Ghana Limited under its Cowbell brand which is now synonymous with sports.The contest was born out of the desire to have a world class race that local cyclists could participate in every year as a way of taking their cycling careers and performance to a totally new height.With a total prize package of GHc 20,000 for the first fifteen athletes plus a mountain bike as well as jerseys, a glittering trophy and a medal to the ultimate champion, this will be a much improved reward for the winners and participants in relative to the last. The brands manager of Cowbell, Joseph Ashong at the unveiling on Friday has pledged that they will continue their unflinching support for the sport as they hope to contribute towards the growth of lesser-recognized sports in Ghana.“We are developing cycling to the international standard,” he said. “We are given back to the community as part of our responsibility so we are urging everyone to come out on the 3rd of July-which is a holiday in Ghana-and cheer up the cyclists.”Jeffrey Manzan Owusu, The Greater Accra Director of Sports, was full of praise for Cowbell‘s support to cycling which has spanned over a period of ten years.The competition will start at 9am at the Black Stars Square (Independence Square) go through some principal streets of Accra, through Teshie to Tema and then Back to Accra before finally ending the 84 kilometres race at the Junction Mall at Nungua.last_img read more