FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» hSenid Business Solutions(HBS)
by K.R Today at 9:08 am

» CBSL Pension Fund vs EPF
by God Father Yesterday at 9:13 am

» EXPO.N - Expo Lanka Holdings De-Listing
by thankrishan Wed May 15, 2024 1:58 pm

» Nations Trust Bank: Consistent growth
by ErangaDS Wed May 15, 2024 8:46 am

» SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000)
by soileconomy Wed May 15, 2024 4:01 am

» Falsified accounts and financial misrepresentation at Arpico Insurance PLC (AINS)
by DeepFreakingValue Tue May 14, 2024 12:20 am

» Potential Super Gain with HSIG
by Investment 1st Mon May 13, 2024 12:20 am

» ජනාධිපතිවරණය - 2024
by ChooBoy Sat May 11, 2024 11:20 pm

» The IMF's Monumental Malpractices and future of Sri Lanka
by ChooBoy Sat May 11, 2024 11:18 pm

» Sri Lanka: Stock Market Fraudsters with Criminal Prosecutions
by ChooBoy Fri May 10, 2024 5:29 pm

» Sri Lanka: Policy Challenge Addressing Poverty Vulnerability as the Economy Recovers
by ResearchMan Fri May 10, 2024 12:20 pm

» SINS - the Tailwind effects of a crisis hit Economy
by Equity Win Thu May 09, 2024 7:37 pm

» TAFL is the most undervalued & highly potential counter in the Poultry Sector
by atdeane Thu May 09, 2024 7:09 pm

» Sri Lanka: Country Information Report
by God Father Thu May 09, 2024 5:22 pm

» Sri Lanka polls could risk economic recovery
by God Father Thu May 09, 2024 5:12 pm

» AGSTAR PLC (AGST.N0000)
by ResearchMan Thu May 09, 2024 12:21 pm

» Browns becomes world’s biggest tea exporter in deal with LIPTON
by sureshot Wed May 08, 2024 9:51 pm

» Colombo Stock Market: Over Valued against USD!
by ResearchMan Wed May 08, 2024 12:49 pm

» COCR IN TROUBLE?
by D.G.Dayaratne Mon May 06, 2024 9:31 am

» Maharaja advise - April 2024
by celtic tiger Tue Apr 30, 2024 12:01 am

» Srilanka's Access Engineering PLC think and Win
by Dasun Maduwantha Mon Apr 29, 2024 11:40 pm

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by ErangaDS Fri Apr 26, 2024 10:24 am

» UNION ASSURANCE PLC (UAL.N0000)
by ErangaDS Fri Apr 26, 2024 10:22 am

» ‘Port City Colombo makes progress in attracting key investments’
by samaritan Thu Apr 25, 2024 9:26 am

» Mahaweli Reach Hotels (MRH.N)
by SL-INVESTOR Wed Apr 24, 2024 11:25 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube


You are not connected. Please login or register

Carmakers turn to green energy for assembly plants

Go down  Message [Page 1 of 1]

CSE.SAS

CSE.SAS
Global Moderator

Wind turbines and solar panels are fast becoming familiar sights at car assembly plants as automakers slash carbon emissions not only of the models they produce, but along the whole production chain.

"There'd be little sense in cutting the CO2 emissions of our cars to zero if we're pumping out tonnes more of the gas to build them," said Christian Mohrdieck, director for fuel cell and battery drive development at Daimler.

"We have to take a look at the entire production chain."

Germany has opted to pull out of nuclear power and it seems to be its carmakers who are spearheading the drive into renewable sources of energy.

From 2013, BMW has decided to install wind turbines at its plant in Leipzig in eastern Germany to provide the power for the assembly of its electric and hybrid models, the i3 and the i8, being unveiled at this year's IAA motor show.

Volkswagen, Europe's biggest carmaker, recently announced a partnership with Austrian power generator Verbund to cover 10 percent of the electricity needs of its 12 German plants via hydro-electric power from 2013.

And according to a report in the Financial Times Deutschland last month, VW has earmarked billions of euros (dollars) for investment in renewables over the next two years and is set to announce the acquisition of a stake in a giant wind park in the North Sea soon.

French giant Renault boasts that has opened a "zero-carbon" factory at Tangiers, Morocco, powered by wind turbines while biomass generators provide steam and heating and manufacturing waste is recycled.

And in an investment that could prove attractive not only in image terms, but in financial terms, too, the auto giant is planning to equip its French sites with solar panels by 2012.

It is costly for Renault to buy "clean" electricity from French power supplier EdF, because the latter is legally obliged to buy solar energy from generators at a hefty premium to the market.

Nevertheless, automakers are not intending to move into electricity generation on a large scale themselves, but will simply "accompany" research and development in the new infrastructures associated with clean cars, said Renault's environment director Jean-Philippe Hermine.

All sides insist that governments should lead the way in finding solutions for storing power generated from renewable sources.

Unlike fossil-based energy sources or nuclear power, generating capacity for wind or solar energy cannot be phased up or down depending on fluctuations in demand, and so ways need to be found for storing it.

"Electricity consumption does not always coincide with the weather," said Daimler's Mohrdieck.

"Sometimes the only option will be to sell off surpluses of renewable energy cheaply or simply waste them," said Reinhard Otten, head of Audi's "e-gas" project.

This project aims to use wind-generated electricity to manufacture hydrogen by means of electrolysis. That hydrogen can then in turn be used to manufacture synthetic methane, which is chemically identical to natural gas and can power combustion engines.

Audi plans to start building engines powered by e-gas in 2013.


http://www.lbr.lk/fullstory.php?nid=20110928165249469

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum