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Blog - Latest News
clean energy future

Clean Energy Future: Electric Cars Power Homes

June 13, 2019/in In the News/by Gray Leigh

Clean Energy Future: Your Car Powers Your Home

Remember when cars got you from A to B, and that was amazing? Evidently, automotive technology has changed transportation. Today, cars are as much of an entertainment tool as they are a transportation medium. Now, in a clean energy future profile, we look at how electric cars could power your home.

READ: Electric Car Pollution – Get the Facts

EVs run on lithium-ion batteries. Similarly, grid storage and solar power projects store energy in Li-Ion cells.

Evidently, this storage solution cuts down on waste and reduces the impact of climate change.

clean energy future

Billions in Energy Savings

As a result, the possibility of powering your home using this technology isn’t that far-fetched. Recently, Renault conducted a study found that a small deployment of electric cars could power entire homes.

Ultimately, this would cut down on the need for power plants and additional grid storage applications.

Renault found this practice could save countries billions in energy costs. Summarily, the study found the 4 European countries involved would each save $1.5 billion annually.

The Auto Industry Reinvents Itself

clean energy futureGranted, vehicles would need to charge at low-demand times. Moreover, they would feed energy back into the grid at high-demand times.

As electric vehicles become more popular, this vision of a clean energy future doesn’t seem so crazy.

After all, most of the world’s largest automakers have announced EV plans. Volkswagen has even claimed that failing to go electric would spell financial ruin for any auto giant.

Evidently, it’s likely that General Motors or Tesla could power your home in the not-too-distant future.

Related Articles

EV Charging Stations to Double in US

Tesla Slashes Prices as Tax Credit Halves

2019 Electric Cars To Get Excited About

Ultra Lithium Inc. A team of lithium experts with a finger on the pulse of clean energy news, Ultra Lithium is a lithium exploration company with holdings in Argentina, Canada and the US (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

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LATEST NEWS

  • Ultra Lithium Responds to Government of Canada Critical Minerals AnnouncementNovember 4, 2022 - 4:30 am
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  • Ultra Lithium Completes 3,500 Meters Drilling To Date At Forgan Lake And Georgia Lake Lithium Properties Northwestern Ontario Intersecting Lithium Pegmatites With Widths Up To 15 MetersOctober 11, 2022 - 4:00 pm
  • Ultra Lithium Inc. Closes Private PlacementOctober 7, 2022 - 5:00 pm
  • Ultra Lithium Announces Private PlacementSeptember 8, 2022 - 4:30 am

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Ultra Resources Inc.
1120 – 789 West Pender St.
Vancouver BC V6C 1H2
Canada

Kiki Smith, CPA, CGA
Chief Financial Officer
E: [email address protected by javascript]
T: +1-778-968-1176

Afzaal Pirzada, M.Sc.(Geo), P.Geo.
Vice President, Exploration
E: [email address protected by javascript]
T: +1-778-558-4940

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