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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

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Widely ignored, although gaining attention, is China’s strategic positioning as a crucial gatekeeper to several key “green” technologies, including battery energy storage to support electric vehicles (EVs)—specifically, battery electric vehicles (BEVs)—along with stationary storage for power grids.

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EIA: US ethane demand grew 9% in 2022, driven by petrochemical capacity additions

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US production and consumption of ethane (a hydrocarbon gas liquid used almost exclusively as a feedstock in the petrochemical industry) has grown since 2010, along with the build-out of US petrochemical capacity. MMBtu, according to Bloomberg Finance, L.P. In 2022, US ethane demand increased by approximately 9%, or almost 0.2

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Dr. Paul addressed a positive change—the days of increasing US oil consumption may be over. “ by Bill Cooke. Billion vs. $28.3

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. in OECD countries and China; 10% in the rest of the world.

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World Bank/PRTM study finds global value chain shift resulting from vehicle electrification could favor China from technology and supply chain perspectives

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Driven by four global megatrends—reducing CO 2 emissions, oil concerns, growing congestion, and rapid technology advances—countries worldwide are focusing strongly on vehicle electrification. This is largely due to China’s strength in batteries and motors. Click to enlarge.

China 199
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BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

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A new study by Bloomberg New Energy Finance (BNEF) forecasts that sales of electric vehicles will hit 41 million by 2040, representing 35% of new light duty vehicle sales worldwide. Lithium-ion battery costs have already dropped by 65% since 2010, reaching $350 per kWh last year. Although some 1.3

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Deutsche Bank CCA report highlights Chinese global leadership toward a low-carbon economy; 12th Five-Year Plan

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The many new and expanded strong policy initiatives and green targets in China’s 12 th Five year Plan, released on 5 March 2011, provide “ clear evidence ” that China’s low-carbon policies remain global best-in-class, according to a new report from DB Climate Change Advisors (DBCCA). Source: DBCCA.

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