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Lucid Motors has entered into a preliminary agreement with Electrify America to provide Lucid customers a nationwide charging plan. By the end of June of 2019, Electrify America will install or have under construction over 2,000 DC ultra-fast chargers at nearly 500 sites in metro and highway locations across 40 states and 17 major cities.
Lucid selected Electrify America after an extensive evaluation and cited Electrify America’s DC power levels of up to 350kW and network coverage as key selection criteria. Lucid was also attracted by Electrify America’s premium charging experience, providing EV drivers with safe and convenient charging locations that offer amenities like shopping, food, and restrooms.
Lucid’s first vehicle, the Lucid Air sedan, will begin production in 2020. “We are excited to be working with Electrify America given its extensive charging network and aggressive growth plans. The groundbreaking battery technology we developed for the Lucid Air allows class leading EPA range and ultra-fast charging with minimal cell degradation. Combining our technology with Electrify America’s network provides our customers with a comprehensive charging solution for their everyday lives,” said Peter Rawlinson, Chief Technology Officer of Lucid.
Electrify America is investing $2 billion over ten years in zero emission vehicle (ZEV) infrastructure, education, and awareness initiatives to help drive ZEV adoption. “Electrify America is proud to provide Lucid and its customers with our ultra-fast charging,” said Giovanni Palazzo, President and CEO, Electrify America. “Our high-powered, nationwide network of chargers is a great match with the EV technology offered by Lucid and a further opportunity to expand electric vehicle adoption in the U.S.”
Here it is, a major investment into electric transportation by a government that wants a big piece of the new economy’s electric transportation sector. Telsa, who is the undisputed leader in electric automotive transportation may now have some competition. It looks like there will be a two year buffer to get all the production kinks worked out before there is any hint of a car to even roll off the production line for Lucid. Let’s see..this is going to be exciting!!
Lucid Motors announced today that it has executed a $1bn+ (USD) investment agreement with the Public Investment Fund of Saudi Arabia, through a special-purpose vehicle wholly owned by PIF.
Under the terms of the agreement, the parties made binding undertakings to carry out the transaction subject to regulatory approvals and customary closing conditions.
The transaction represents a major milestone for Lucid and will provide the company with the necessary funding to commercially launch its first electric vehicle, the Lucid Air, in 2020. Lucid plans to use the funding to complete engineering development and testing of the Lucid Air, construct its factory in Casa Grande, Arizona, begin the global rollout of its retail strategy starting in North America, and enter production for the Lucid Air.
Lucid’s mission is to inspire the adoption of sustainable energy by creating the most captivating luxury electric vehicles, centered around the human experience. “The convergence of new technologies is reshaping the automobile, but the benefits have yet to be truly realized. This is inhibiting the pace at which sustainable mobility and energy are adopted. At Lucid, we will demonstrate the full potential of the electric connected vehicle in order to push the industry forward,” said Peter Rawlinson, Chief Technology Officer of Lucid.
Lucid and PIF are strongly aligned around the vision to create a global luxury electric car company based in the heart of Silicon Valley with world-class engineering talent. Lucid will work closely with PIF to ensure a strategic focus on quickly bringing its products to market at a time of rapid change in the automotive industry.
A spokesperson for PIF said, “By investing in the rapidly expanding electric vehicle market, PIF is gaining exposure to long-term growth opportunities, supporting innovation and technological development, and driving revenue and sectoral diversification for the Kingdom of Saudi Arabia.”
The spokesperson added, “PIF’s international investment strategy aims to strengthen PIF’s performance as an active contributor in the international economy, an investor in the industries of the future and the partner of choice for international investment opportunities. Our investment in Lucid is a strong example of these objectives.”
Colorado’s appetite for lighting up requires a lot of lights, it turns out.Licensed marijuana growers traditionally cultivate their products indoors under very bright lights that suck a lot of electricity. With the release of the federal government’s Clean Power Plan looming, cities across the state are working to reduce their carbon footprint. Part of those efforts include persuading grows to reduce their power consumption.
Between 2012 and 2013, the latest data available, electricity use increased by 1.2 percent across the city and county of Denver. Commercial marijuana grows were responsible for nearly half of that uptick.
“We’re very keen to see what is increasing energy use, and to have half of that coming from the grow industry is definitely something we pay attention to,” said Sonrisa Lucero, a strategist for the Denver’s Office of Sustainability.
Denver marijuana grows used just 1.85 percent of the city’s overall electricity in 2013. But any uptick matters because the city set a voluntary goal to prevent total energy consumed from rising past its 2012 use levels. Lucero’s job is to make sure that energy efficiency is top of mind for new residents and businesses.
The city is working with marijuana grow operations to lower their electricity use. Or the industry may sort itself out: A growing number of outdoor and greenhouse grow operations in Colorado are emerging that could make indoor grows obsolete — or at least, less cost effective.
A $12,000 electricity bill
To understand just how much energy it takes to grow marijuana indoors, look no further than Colorado Harvest Company’s Flower Room No. 1.The room has dozens of green plants thriving underneath 22 1,000-watt lamps hanging from the ceiling. Each is the size of a small card table. An air-conditioning system prevents the lights from overheating.
“Running a cannabis company with indoor production means that you’re going to use more than your fair share of electricity,” said Tim Cullen, the company’s owner.
Cullen’s monthly electricity bill for the 10,000-square-foot warehouse runs a cool $12,000. Another marijuana grow reports spending nearly twice that amount. Cullen said he’s tried to reduce electricity use by using LED lights currently on the market, but they haven’t produced the results he needs.
“We just can’t suffer the losses of having a lower energy bill, but then not producing flowers,” he said.
New LED technology under production could change this picture. But Cullen isn’t waiting for that to happen. Instead he’s building a greenhouse in Denver to commercially grow marijuana. From start to finish, the planning and construction is expected to take about six months.
Greenhouses blooming in Pueblo
Denver has about four commercial marijuana grow greenhouses. But Pueblo is leading the charge in the state, with 16 and counting. Some are small, but others cover as many as 50 acres.
Chris Markuson, director of economic development and GIS for Pueblo County, said shifting priorities are changing how and where marijuana is grown.
“At first the assumption was that the grow operations had to be tightly secured and hidden from public view,” he said. “Because the temperament of the community–and the society as a whole–has come around a little bit, the grow operations are not really seen with negative light. At least they’re not in Pueblo.”
It helps that Pueblo has marketed itself as a business-friendly lower-cost location to cultivate marijuana.
With about 30 marijuana grow businesses overall, Markuson said the majority are using “Pueblo sunshine” to grow product.
Energy use in the area is evolving with the industry. According to Black Hills Energy, which provides power to the city of Pueblo and parts of Pueblo County, 10 grow facilities used 2.1 million kWh in 2014. That’s 0.1 percent of the energy that Black Hills delivered to its Pueblo coverage area.
Laying the groundwork
As the marijuana industry evolves, Colorado cities are deciding how–or if–they want to manage the growing energy demands from the industry.
Denver isn’t considering regulations for the marijuana industry, but pushing LED lights to grows. In Boulder, the city and county are setting measures to require businesses offset their electricity use via subscription of renewable energy credits — things like community solar garden memberships.
Xcel is reportedly working with marijuana growers to update lighting so they’re as energy efficient as possible.
The attempts by utilities and cities fit into a larger movement under way right now, said Howard Geller with Boulder-based Southwest Energy Efficiency Project.
“We can have that economic growth without electricity use increasing,” he said. “That’s going to be beneficial economically and that will help us achieve our environmental goals.”
Denver and Boulder’s work with marijuana and other businesses could be a good warm-up lap for what’s to come. The Clean Power Plan rule, expected to be finalized later this summer, will put even more pressure on states to reduce carbon emissions. Some of that reduction will come from changing where our power comes from. But Geller expects another significant portion to come from things like switching out the lightbulbs.
“Energy efficiency is a strategy that can be implemented very quickly in terms of ramping up rebate and financing programs, education efforts,” said Geller. “Whereas building new power plants–or retrofitting old power plants–that kind of initiative will take years to implement.”
This article was originally published on July 10 2015 by BY GRACE HOOD of Colorado Public Radio
In this post Energy and Policy Institute’s Matt Kaspar reveals how the Koch Brothers-backed Americans for Prosperity and Heartland Institute Climate Denier James Taylor have joined the effort to fight a 50% renewable energy mandate for Arizona.
James Taylor appears on a panel titled, “Cost of Alternative Fuels” at the 12th International Conference on Climate Change in 2017.
Before Arizona voters head to their polling place in November, they will receive the Secretary of State’s publicity pamphlet that includes information about the statewide initiatives that will appear on the ballot. The booklet will also include arguments for and against ballot measures that were submitted by individuals, politicians, and groups who either paid $75 to have their comments in the pamphlet, or had their comments sponsored by an organization. Joining the dozens of filers that submitted arguments against the Clean Energy Healthy Arizona ballot, which would require Arizona utilities to use more renewable energy, are Andrew Clark, the state director for the Koch Brothers’ Americans For Prosperity Arizona chapter, and James Taylor of the Heartland Institute, a think tank that has been at the forefront of denying the scientific evidence for man-made climate change and routinely attacks clean energy.
APS’ network of politicians and organizations also join voter pamphlet
In addition to the Heartland Institute and Americans for Prosperity figures, dozens of lawmakers and organizations also filed arguments against the initiative; many of them have received significant funding from APS throughout their career.
The fourteen Arizona state legislative and federal politicians that submitted arguments against the Clean Energy Healthy Arizona ballot have received a total of $166,918 in state and federal campaign contributions throughout their careers from the political action committee of Pinnacle West, the parent company of APS. Reps. Biggs, Gosar and Lesko have further collected a total of $54,650 in federal campaign contributions from APS individuals, according to the Center for Responsive Politics.
Several of these lawmakers have recently worked to undermine Clean Energy Healthy Arizona this year.
Sen. Kavanagh sponsored a rival ballot initiative to compete with the Clean Energy for a Healthy Arizona ballot initiative, which critics called an effort to confuse voters. That effort did not make it out of the legislature. An APS spokeswoman said the utility had proposed the language.
Rep. César Chávez and Sen. Robert Meza co-authored an op-ed against the ballot initiative earlier this year. Furthermore, Sen. Meza has received income from some non-profit organizations that have received funding or have board relationships with APS. Energy and Policy Institute reported in April that he had received pay from Chicanos Por La Causa, The Armory and PSA Behavioral Health Agency – all of which have ties to APS.
Others have helped APS in other ways throughout their careers. For example, in 2016, as a state senator, Debbie Lesko worked with APS to create a ballot measure to compete with a pro-solar ballot measure sponsored by former Arizona Corporation Commissioner Chairwoman Kris Mayes. Six years before that, Lesko tried to pass a bill that would have classified nuclear power as renewable – essentially gutting the state’s renewable energy standard.
Along with the politicians featured in the pamphlet, many of the organizations that submitted arguments against the initiative have a relationship with APS either as a recipient of the utility’s cash or by having an APS executive on the board.
Additionally, Kimberly Wold, executive director of Prosper, submitted an argument against the ballot. In 2013, APS admitted – after first denying – that it funneled money through a consulting firm to Prosper, which then funded ads to attack solar energy. APS spent $9 million on public relations efforts to fight rooftop solar during that year.
PV MAGAZINEMatt Kaspar is the Research Director at the Energy & Policy Institute. He focuses on defending policies that further the development of clean energy sources. He also frequently focuses on the companies and their front groups that obstruct policy solutions to global warming.