The Federal Highway Administration estimates that 25 percent of congestion is attributable to traffic incidents, around half of which are crashes. According to a study published by the Eno Center for Transportation, a 10 percent autonomous vehicle market penetration rate would result in an estimated 15 percent decrease in freeway congestion delays for all vehicles, mostly due to smoothed flow and bottleneck reductions.
Facts & Quotes
According to a University of California, Berkeley study power outages account for roughly $80 billion annually in total losses to communities across the U.S. Based on that calculation, the Electric Power Board (EPB) of Chattanooga estimates that community losses in its service area are roughly $105 million annually. However, due to its SmartGrid Chattanooga has achieved outage reductions of 60%, saving the community $50 million or more each year in lost productivity, lost product, and lost sales.
A Department of Energy (DOE) smart grid demonstration project in Olympic Peninsula, Washington found that consumers save 10 percent on their utility bills.
Smart appliances costing $600 million can provide as much reserve capacity to the grid as power plants worth $6 billion.
The US intelligent transportation systems industry generates more than $48 billion in revenue for the US economy.
“Technology is driving a transformation in how we control and manage air traffic. This transformation to NextGen will be dominated by interdependence, and it will come about because of collaboration. ….NextGen runs on a philosophy that’s different from the way we have been handling air traffic for the last 50 years.”
“Electrified trains are part of the future.”
“Our country has incredible renewable resources, innovative entrepreneurs, a skilled workforce, and manufacturing know-how. It’s time to harness these resources and lead in the global clean energy economy.”
“To raise new questions, new possibilities, to regard old questions from a new angle, requires creative imagination and marks real advances in science.”
“We’re changing the world with technology.”
“Never before in history has innovation offered promise of so much to so many in so short a time.”
“If we do not have a world class infrastructure here in broadband for cutting-edge devices and services, the next generation of innovations, the next great companies…will start in another country and not here.”