Showing posts with label expenses. Show all posts
Showing posts with label expenses. Show all posts

Why Fast Chargers Cost a Fortune: The Real Reason Revealed.

Over fifty percent of the expense for a new DC Fast Charger goes towards a singular safety circuit. Specialists indicate this might undergo modification.

  • Building DC fast chargers can be extremely expensive.
  • Approximately 60% of that expense goes towards a circuit intended to protect individuals from electric shock during the charging process.
  • There could potentially be a more affordable and equally safe method to achieve this, which would also enhance the reliability of electric vehicle charging stations.

Have you ever pondered why DC fast chargers come with such a high price tag? A solitary 300-kilowatt Level 3 charger—that’s merely one pause at a public DC Fast Charger—which can exceed $100,000. The high expense is among the factors contributing to the sluggish development of this infrastructure and its significant dependence on governmental funding. a la federal funding .

Let’s discuss what lies within that charger. If we were to dismantle it, we would discover approximately $90,000 worth of electronic components designed to transfer power from the electrical grid directly to your electric vehicle's battery. The surprising part? Roughly 60% of this expense covers just one safety mechanism ensuring nothing malfunctions and turns you into toast inadvertently. This indicates over half the price of an EV charger is dedicated solely to protecting your life.

Photo by: General Motors

$54,000 in Shock Protection: Why It Matters

The system is referred to as an isolation link. As stated IEEE Spectrum The estimated cost for this protective measure is around $54,000. If you extrapolate that figure to cover an entire 8-stall charging station, over $430,000 would be allocated solely to safety gear. This is how it functions:

Gas pumps use mechanical mechanisms for controlling the flow of fuel until it stops entering a vehicle. In contrast, electric vehicle chargers handle high-voltage electrical currents. frequently at 800 volts or higher Electricity tends to take the easiest route to the ground, and when it flows with so much force, it can cause instant severe damage. This explains why safety measures are crucial.

An isolation link achieves a safety principle known as galvanic isolation This involves isolating two distinct circuits within an individual electrical setup to stop current from passing between them. For electric vehicle chargers, this entails disconnecting the electrical connection between the charger’s power supply and the vehicle. Consequently, should a malfunction happen, the energy will be contained and won’t escape, thus returning only to the grid.

Here's how IEEE explains it:

Assume an electric vehicle’s battery starts leaking. Since the leaked substance conducts electricity, it may create a pathway for electrical current between the battery system and the vehicle frame. Should the grounding connection become disrupted under these conditions—and assuming there isn't proper insulation—the metal parts of the car might attain high voltages. Consequently, anyone who touches the automobile when grounded themselves risks receiving a severe electric shock. However, with adequate insulation measures in place, this danger is mitigated as no safe route exists for currents from the power grid to reach the car's exterior.

To make isolation happen, every DCFC uses a transformer in its power conversion hardware—that's the circuit that converts AC to DC power, and vice versa. These high-frequency transformers are capable of moving kilowatts of electricity at high voltages and provide a crucial building block in a circuit without creating a direct path between the grid and your car. It's a complicated, expensive system, but without it, a charging mishap could turn your Tesla into a Tesla coil.

Cheaper Charging Solutions Aren't That Simple

Photo by: John Voelcker

Researchers and engineers know that charging infrastructure is too expensive. These experts are looking into ways to cut costs without compromising safety. But some of those ideas come with serious caveats and would mean rewriting how every modern EV charges.

One proposal is to ditch the isolation link in the charger and instead require EVs to have their own isolation system built into the car's onboard charger. Since OBCs in cars handle power conversion, they are already galvanically isolated. However, most only support power conversion up to Level 2 charging speeds (Tesla, for example, supports up to 48 amps on most models ).

This could drastically cut the cost of the chargers, but not every car is built the same.

EVs today have different charging setups and shifting the responsibility to the manufacturer would require a new universal standard that doesn't yet exist. This means that older EVs could be left out. There's also the little issue of trusting automakers to adopt a new universal standard and implement it safely. Because if there's one thing we know, it's that automakers are 100% reliable at self-regulation ( looking at you, Dieselgate, GM ignition switch scandal, and Takata airbags ).

Next comes the significant issue of expense. We shouldn't overlook that the price tag for this circuit won’t vanish into thin air. Relocating the hardware to the vehicle merely shifts the cost from the charging station to the automobile itself. To put it succinctly, it’s an immediate non-starter.

The Argument for Abandoning Solitude

Photo by: Electrify America

This completes the cycle: safety features render DC fast chargers extremely costly. The higher cost leads to delayed rollouts and restricts the number of stations at each location. When it comes to solutions, some specialists advocate eliminating isolation links in charging units entirely.

At first glance, this may seem risky. However, IEEE proposes a different approach: rather than separating the circuits, why not incorporate an additional grounding system? Consider this: the extra ground could provide both a backup safeguard and enable detection of a grounded fault. Upon identifying such a condition, the charging apparatus could be immediately deactivated. In principle, this solution could negate the necessity for an expensive isolation mechanism. Additionally, it would enhance thecharger’s dependability by streamlining the power electronics and removinga key source of potential malfunction.

Now comes a second issue that must be accounted for: voltage mismatches.

If the line voltage between the charger exceeds that of the vehicle's battery, even for an instant, an uncontrolled current could cause component damage to the vehicle. IEEE proposes solving this problem using a buck regulator, a component meant to safely step down the voltage supplied by a power source. The article goes on to suggest that while this does add back a layer of complexity to the charging circuitry, a buck regulator that can handle similar throughput would cost a mere 10% compared to the isolation link.

Will This Actually Happen?

Maybe, but not anytime soon.

The rationale for eliminating galvanic isolation appears logical on paper. original Tesla Roadster used non-galvanically isolated charging, but It also lacked the ability to utilize DC Fast Charging. Contemporary DC fast chargers deliver substantial currents into today’s electric vehicles' batteries and necessitate additional safety features (thus requiring an isolation link). However, if—and this is a significant condition— if —The industry not only has the potential to create a dependable and secure method for achieving this, but it could also revolutionize the electric vehicle charging sector.

Through a pragmatic perspective, the global community is currently grappling with providing adequate public charging solutions, and no one wishes to be the pioneer taking risks regarding safety. Both charging businesses, vehicle manufacturers, and regulatory bodies require an ironclad assurance that any non-isolated system can match the current standards of charger safety. Assuming this condition were met, it might still take several years before these enhancements could be implemented effectively—particularly considering how critical safety must be prioritized in this process.

For now, anticipate that new electric vehicle chargers will continue to be expensive. Since when it comes to ensuring your safety from electrical hazards, the industry is not ready to compromise (just yet).

More EV Charging News

  • Electrify America’s 2024 Statistics Show How Rapidly the Electric Vehicle Market Is Growing
  • Public Electric Vehicle Charging Was Already Deteriorating. Then Trump Eliminated Federal Financing
  • Trump's Removal of EV Chargers Might Cost Taxpayers More Than $1 Billion
  • The Federal Electric Vehicle Charger Initiative Might Be Terminated. It Had Only Just Begun to Show Results.

Elon Musk's DOGE: HHS Terminates $18M Contract with San Antonio Nonprofit Over Migrant Facility Claims; Organization Denounces Corruption Allegations as Baseless

Ever since Donald Trump assumed office, the Department of Government Efficiency (DOGE) has embarked on a campaign against waste, fraud, and misuse within the government. Additionally, DOGE maintains an active presence on X where it showcases the measures being taken purportedly to aid taxpayers in saving money.

In late February, DOGE's X handle posted a message The organization stated that it had terminated its agreement with a San Antonio nonprofit named Family Endeavors. They claimed that by having HHS end the contract, they managed to save taxpayers more than $215 million annually.

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Efforts, nonetheless, assert they were adhering to their obligations and that their agreement mandated this course of action. not An instance of dubious expenditures occurred. The non-profit released a declaration stating that "all allegations of corruption or improper management are unfounded."

What precisely occurred, and which interaction did DOGE bring to a close?

Charity spent millions managing an unused building

Based on the DOGE post, the Department of Health and Human Services (HHS) was spending approximately $18 million each month on Endeavors to manage a facility in Pecos, Texas. This location was meant for accommodating unaccompanied immigrant minors but remained unused at that time.

The DOGE officials believed that spending millions each month on an idle shelter was not the most effective utilization of public funds—particularly since they observed that the occupancy rate at nationally accredited facilities has dropped below 20%. Therefore, they decided to terminate the agreement.

Endeavors maintains that it operated within the bounds of its responsibilities and provided a beneficial service consistent with those duties. During an interview with News 4 San Antonio, a source from Endeavors mentioned that the shelter was in use from March 2021 to March 2023, and then again from September 2023 to February 2024, during which period it assisted 40,000 unaccompanied children.

Once the government ceased operations of the shelter in March 2024, Endeavors noted that funds were still necessary to cover all costs related to maintaining the facility’s readiness for potential future use—this includes rent, healthcare services, vaccine storage units, as well as the multitude of surveillance cameras essential for safety measures.

The statement also indicated that federal employees visited the location every day, and it was the federal authorities who determined which sites would serve as shelters for migrants rather than the non-profit organization making that decision.

Nevertheless, the agreement has reached its conclusion, halting Endeavor’s services for the government regarding this matter, at least temporarily, as well as ceasing payments to the nonprofit organization.

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Could there be a conflict of interest?

The DOGE posting on X went beyond emphasizing the vacancy of the premises. Its intention was also to underscore the ties between Endeavors and the Biden administration, casting uncertainty over the legitimacy of the contract from the get-go.

The X post indicated that "a previous staff member of ICE and part of the Biden transition team started working with Family Endeavors at the beginning of 2021. This individual assisted in obtaining an exclusive HHS contract aimed at providing additional accommodation options beyond what licensed care facilities offer. Consequently, between 2020 and 2023, Family Endeavors saw their liquidity increase dramatically, rising from $8.3 million to $520.4 million."

Although this situation may appear as a potential conflict of interest, Endeavors' statement clarified that the nonprofit has been assisting migrant families through agreements with the government since 2012. It also noted that they were among only 15 groups contracted by the administration in 2021 aiming to aid in housing these migrants.

“The basis for our choice stemmed from our demonstrated expertise, capability, and over ten years of track record,” the nonprofit organization declared.

A link to past government employees doesn’t inherently indicate corruption or misconduct; therefore, audiences reading the statements from DOGE and Endeavors should form their own opinions based on the conflicting information presented.

It should be mentioned that since 2015, Elon Musk's companies SpaceX and Tesla have received $18 billion in federal contracts—though these agreements were primarily issued during the Biden administration. Nevertheless, this has led some people to wonder if Musk might face a potential conflict of interest when deciding which contracts to reduce, considering their belief that his own firms' deals are less likely to be terminated compared to others like the one with Endeavor.

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The content of this article serves solely as information and should not be interpreted as professional advice. It comes with no guarantee or warranty whatsoever.

Why Travel Insurance Should Be a Must-Have in Your Budget

The festive season has arrived—an era brimming with happiness, exploration, journeys, and cherished memories shared with dear friends and family. Picture basking in the beauty of Diani’s shores until an unexpected ailment necessitates immediate medical care. Consider how such a situation would unfold overseas, where the expenses and complexities dramatically increase.

For example, in Europe, addressing a fractured limb might cost more than KSh 1.5 million, whereas arranging an urgent medevac back to Kenya could incur significant additional expenses, varying based on the location.

Nearby, medical emergencies while traveling within one’s own country can similarly burden families, particularly when faced with logistics issues. Sadly, many standard health insurance policies do not cover incidents outside of Kenya. Domestically as well, these policies may leave considerable uncovered costs, leading to substantial payments directly from pockets.

No matter whether you're dreaming of lounging along Kenya's stunning coastline, embarking on an exhilarating safari through the Maasai Mara, or setting off on a global journey, ensure that you do not overlook travel insurance. Even as you concentrate on arranging flights, hotels, and excursions, safeguarding yourself and your loved ones against unexpected events remains crucially important.

What is travel insurance?

In a world where the unforeseen can disrupt even the best-laid travel plans, trip insurance serves as your final safeguard.

Travel insurance fills this void by providing extensive medical protection, covering areas such as hospital stays and emergency evacuations.

For families traveling with small children or older members, this coverage offers immeasurable reassurance. For those in Kenya preparing for trips during the holidays, travel insurance serves as the ideal safeguard, providing protection from unforeseen events so you can concentrate on making cherished moments with your family.

The peak period for holiday travel is well-known for frequent flight delays and cancellations. The International Air Transport Association (IATA) reports that approximately 25% of flights globally encounter delays, particularly during busy seasons.

Think about planning your ideal trip, just to find out your flight has been canceled because of bad weather or overbooked seats. In such cases, without travel insurance, all the financial consequences, like forfeited hotel reservations or skipped tour activities, would be entirely your responsibility.

Why travel insurance proves beneficial

Frequently, travel insurance policies include provisions for trip disruptions, cancellations, or hold-ups due to unforeseeable events. As a result, individuals may reclaim pre-paid costs associated with their journey, including airfare, accommodations, or excursions. For travelers from Kenya heading to sought-after locations such as Zanzibar, Dubai, or Mauritius—where reservations are typically booked well ahead of time—the inclusion of these benefits guarantees that your valuable funds will be protected should unexpected changes occur in your itinerary.

Traveling during peak festive times raises the chances of losing or having your baggage stolen — a daunting prospect for travelers. Data from leading airlines indicate that roughly 7 out of every 1,000 passengers experienced issues with their luggage in 2024, a number that significantly climbs over the holidays.

If you've ever experienced delays or losses with your luggage, you understand the irritation of arriving at your destination without basic necessities such as clothing or personal care items. Travel insurance offers reimbursement for lost, stolen, or late baggage, guaranteeing that you can swiftly replenish these items without additional expenses. This protection is particularly crucial for individuals transporting valuable possessions like electronic devices, cameras, or presents intended for family members and friends.

The COVID-19 pandemic highlighted the uncertainty associated with traveling.Flight cancellations, quarantine requirements, and abrupt border closings upended meticulously planned trips.

Currently, numerous travel insurance plans encompass pandemic-specific coverage, including trip cancellations resulting from a positive COVID-19 test or costs associated with quarantine when overseas. This aspect has become crucial for Kenyans who are progressively taking up international trips. Such coverage guarantees that individuals won’t be left economically vulnerable in an era where travel interruptions continue to occur frequently even after the pandemic.

What is the cost of travel insurance?

Many people believe that travel insurance comes with a hefty price tag. In reality, these policies are quite economical. You could secure an extensive plan covering a seven-day journey across Africa or the Middle East for between KSh 2,000 and KSh 5,000—a sum comparable to what you might spend on dinner at a high-end eatery in Nairobi. When traveling internationally, where potential hazards and expenses tend to be greater, allocating merely 1-2 percent of your overall vacation budget towards coverage will provide essential safeguards against unforeseen events.

As Kenya’s tourism industry expands, numerous domestic and foreign suppliers have started offering customized travel insurance plans. In selecting a plan, take into account aspects such as the extent of medical coverages, provisions regarding cancellations, and safeguards for your belongings. Those who frequently travel might want to choose an annual multi-journey policy, which generally proves more economical compared to buying separate coverage for every journey.

Don’t allow an unexpected incident spoil your ideal getaway or transform it into a monetary disaster. Regardless of whether you’re traveling domestically or abroad, consider travel insurance as your initial purchase this festive period. This modest expense can bring significant tranquility and contribute to making sure your vacations stay stress-free and filled with happiness. Shield your trip arrangements, secure those close to you, and relish your holidays with assurance. Invest in coverage now!

The author is Dominic Kamonjo, who serves as the General Manager of the Retail and SME Division at Minet Kenya.

The opinions stated here belong solely to the author and do not reflect the stance of .co.ke in any manner.