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Global geothermal industry passes 12,000 MW operational

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The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). New project announcements have increased the resource under development to about 30,000 MW.

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India enters Argentina’s lithium market with INR 200 cr investment, eyes on rich lithium reserves – ET Auto

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Argentina is part of the “Lithium Triangle” along with Chile and Bolivia with more than half of the world’s total lithium resources and having the distinction of having 2nd largest lithium resources. The signing took place in Catamarca, Argentina, in the presence of Catamarca’s Governor Lic.

India 52
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Opinion: Why Lithium Will See Another Price Spike This Fall

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While future demand from the automotive industry is significant, the real game changer for the lithium industry may be electrical grid storage. In some locations, grid-scale peaking applications have already been implemented, often in old coal power plants, re-using the building and grid connections. Electrical Grid Connections.

Price 150
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Evidence from glacier ice: Until it was banned, leaded gasoline dominated the anthropogenic lead emissions in South America

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Before the use of leaded gasoline (period AD 0–1960), lead emissions from mining activities were dominant, especially during periods of the pre-Colombian cultures Tiwanaku/Wari and the Incas, the colonial era and with the increasing industrialization in the 20th century (brown, blue). Resources. Picture: Paul Scherrer Institute.

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Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

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In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. Recent trends suggest that a demand-driven peak is increasingly plausible.

Oil 207
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MIT and IEA reports take different views of the future of natural gas in transportation

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In the US, the MIT report notes, only 0.15% of natural as is used as a vehicle transportation fuel; 32% of consumption is in the industrial sector, and 35% is in the residential and commercial sectors. Of these fuels, the report says, methanol is the only one that has been produced for a long period at large industrial scale.

MIT 299
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EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

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Other liquids refer to natural gas plant liquids (NGPL), biofuels (including biomass-to-liquids [BTL]), gas-to-liquids (GTL), coal-to-liquids (CTL), kerogen (i.e., Potential new supplies of oil from tight and shale resources have raised optimism for large, new sources of global liquid supplies to meet growing demand.

Asia 341