Paving the Way to a Greener Tomorrow: UK’s Regulatory Net Zero Goals
Introduction: In an era where climate change poses an undeniable threat, countries across the globe are stepping up their efforts to combat the crisis. Among these nations, the United Kingdom has emerged as a leader in environmental initiatives, setting ambitious...
Driving Change: Biden Administration’s $2 Billion Grant Ignites Electric Vehicle Revolution
Introduction: In a bold stride towards a greener future, the Biden administration has unveiled a groundbreaking initiative: a $2 billion grant aimed at revolutionizing the electric vehicle (EV) landscape in the United States. This ambitious funding not only signifies...
Leveraging the Inflation Reduction Act and MACRS Depreciation
Researching and leveraging government incentives and financial optimization is vital to make the deployment of energy assets as cost effective as possible. The recently launched Inflation Reduction Act (IRA) offers a 30% incentive on energy storage through 2032 in the...
EV Batteries Have a Brief Maximum Charging Rate
Understanding how energy storage supports EV charging sites requires a mixture of knowledge in both upstream grid functionality and downstream EV battery demands. Sparkion’s technology simultaneously matches energy storage support with the needs of the exact site at a...
Energy Storage is Vital to Support NEVI Sites
In 2021, the $5B NEVI Formula (National Electric Vehicle Infrastructure Formula Program) was introduced by the Biden Administration. The program supports the creation of a national EV charging corridor. In short, it will fund 80% of site infrastructure costs for...
Widespread Installation of Direct Current Fast Chargers will Place a Dangerous Strain on the Utility Grid
Direct Current Fast Chargers (DCFC), refers to a particular method of electric vehicle (EV) charging that has the ability to charge vehicles at incredibly high speeds and thus, can serve a far greater volume of drivers on any given day. However, a single DCFC can use...