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During Tesla’s Investor Day held in March, Elon Musk touched on Tesla’s Master Plan Part 3, which outlines a proposed path to reach a sustainable globalenergy economy through end-use electrification and sustainable electricity generation and storage. Earlier post.)
eFuels company HIF Global ( earlier post ) and Siemens Energy reached an agreement under which Siemens Energy will supply electrolyzers to the HIF Matagorda eFuels Facility. HIF and Siemens Energy are engaged in front end engineering and design for 1.8
StoreDot, a developer of extreme fast charging high energy batteries for electric vehicles, announced that its XFC batteries and systems are now being tested by more than 15 global automotive brand manufacturers, and that it has additional potential manufacturing partnerships in the pipeline for this year.
In 2021, global investment in the low-carbon energy transition totaled $755 billion, up 27% from $595 billion in 2020 and just $264 billion in 2011, according to Energy Transition Investment Trends 2022, a new report published by research firm BloombergNEF (BNEF). degrees of global warming. from the year prior.
Renewable energy sources are central to the energy transition toward a more sustainable future. However, because sunshine and wind are inherently variable and inconsistent, finding ways to store energy in an accessible and efficient way is crucial. An open-access paper on the work is published in the journal Energies.
Globalenergy demand spiked in 2024, driven largely by surging electricity use, according to a new report released today by the International Energy Agency (IEA). Electricity consumption jumped by nearly 1,100 terawatt-hours a hefty 4.3% increase nearly twice the annual average growth of the past decade.
Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. mtpa active and upcoming capacity combined. —Andres Angulo
UK-based Expleo, a global engineering, technology and consultancy service provider, has developed a closed-loop fuel solution for global shipping that delivers a 92% reduction in greenhouse gas emissions (GHGe) in the model vessel. —Jonathan Taylor, VP of Marine, Expleo. million (US$1.7
A new study from Juniper Research forecasts that the number of hydrogen vehicles in service globally will exceed 1 million in 2027, from just over 60,000 in 2022—substantial growth of more than 1,500%—with the bulk of the deployed vehicles in China and the Far East.
Following initial contracts with European suppliers, the BMW Group has now concluded further 2 -reduced-steel-for-global-production-network">agreements for the supply of CO 2 -reduced steel in the US and China. If electricity from renewable energies is used for this process, then steel production is almost CO 2 -free.
Independent research and business intelligence company Rystad Energy estimates that there are about 91 planned hydrogen pipeline projects in the world, totaling 30,300 kilometers and due to come online by around 2035. Hydrogen has a high gravimetric energy density and a low volumetric energy density. France, Spain, and Germany.
The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2023.
The Genesis GV60 ( earlier post ) is based on the brand’s Electric-Global Modular Platform (E-GMP), the innovative features of which help deliver greater efficiency, performance and driving pleasure. The use of silicon carbide boosts energy efficiency by 3% and range by 5%. Smart braking, smart charging.
This award marks the first Advanced Class Gas Turbines in the industry specifically designed and purchased as part of a comprehensive plan to sequentially transition from coal, to natural gas and finally to renewable hydrogen fuel, and creates a roadmap for the global industry to follow. and Hitachi, Ltd.
With the launch of the enhanced model, Hyundai plans to accelerate the global roll-out of its heavy-duty fuel cell truck. Hyundai Hydrogen Mobility, a joint venture between Hyundai Motor and H2 Energy, is working on the introduction of XCIENT Fuel Cell in other European markets.
A Siemens Energy-led consortium has begun work in Newcastle, UK on a new £3.5 This innovative green ammonia cracker could be a game-changer for scaling up the green hydrogen industry – an important step to drive the energy transition. Siemens Energy has proven experience of innovation with ammonia. million (US$4.24
BYD has produced its 5 millionth new energy vehicle (NEV), a DENZA N7. In 2022, BYD’s new energy vehicles saw total sales surpass 1.86 As of July 2023, BYD’s global new energy vehicle sales have soared beyond 4.8 The momentum continued in 2023, as the company reached a cumulative sales volume of 1.5
The 300 th gigafactory added to Benchmark’s Gigafactory Assessment is being developed by Chinese cell manufacturer EVE Energy in Chengdu, Sichuan. In 2031, China is set to have almost 4,500 GWh of gigafactory capacity, representing 70% of global capacity. The $3 billion plant will have a capacity of 50 GWh.
unveiled STLA Medium, a global BEV-by-design platform with state-of-the-art features including range of 700 kilometers (435 miles), energy efficiency, embedded power and charging power. STLA Medium is the first of four global BEV platforms to be launched less than two years after EV Day presentation in July 2021. Stellantis N.V.
As the world contends with a globalenergy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA. —IEA Executive Director Fatih Birol.
in conjunction with the Government of Canada and the Province of Alberta, announced a multi-billion dollar plan to build a landmark new net-zero blue hydrogen energy complex. Canada’s clean energy diversification strategy and regulatory framework make clear that hydrogen is a key enabler for carbon neutrality by 2050. blue hydrogen).
The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. The detailed report— Need Nickel?
The US Inflation Reduction Act (IRA) is accelerating demand for critical minerals (lithium, cobalt and nickel) and copper that are vital to energy transition technologies. However, ensuring enough qualifying supply to meet that demand faces “considerable challenges,” according to a new analysis by S&P Global.
The new AKASystem 9 AKM 150 CYC has the highest energy density available on the market, according to AKASOL, and is thus especially suitable for fully electric long-distance applications such as coaches or trucks. The new system has a nominal energy of 98 kWh, which can be scaled as required with several systems.
Volvo Cars has published a lifecycle analysis report on its second fully electric car, the C40 Recharge, which shows the potential CO 2 reductions if a car is built and charged using clean energy sources. Clean energy is also an important factor in reducing the carbon footprint involved in producing an electric car.
These heterogeneous effects mean that different countries will have differing incentives to abide by the Paris Agreement, which aims to limit global warming below 2 °C relative to pre-Industrial levels. Of course, this logic is correct only from a global planner’s point of view, where the planner puts equal weights across individuals.
The US Energy Information Administration (EIA) expects US crude oil production to surpass 12.9 In its August Short-Term Energy Outlook (STEO), EIA forecasts US crude oil production to average 12.8 In its August Short-Term Energy Outlook (STEO), EIA forecasts US crude oil production to average 12.8 million b/d, with 1.2
ArcelorMittal published a concept for a low-carbon emissions steel standard to help incentivize the decarbonization of steelmaking globally and support the creation of market demand for physical steel products which would be classified as lower, and ultimately near-zero, carbon emissions steel.
At Auto Shanghai, Chinese battery giant CATL launched what it calls a “condensed battery”—a type of semi-solid state cell with an energy density of up to 500 Wh/kg. CATL says the cell can achieve high energy density and high level of safety at the same time, opening up a new electrification scenario for passenger aircraft.
Battery anode and materials company Talga Group reported that recent testing by a global Tier-1 EV manufacturer of unblended Talnode-Si—demonstrated ~5x the energy capacity of graphite-only commercial anodes (1,800mAh/g vs 360mAh/g). Talnode-Si under development at Talga’s R&D facilities in the UK. (L)
The US Department of Energy (DOE) released its 2023 Critical Materials Assessment (2023 CMA), which evaluated materials for their criticality to global clean energy technology supply chains. The Assessment focuses on key materials with high risk of supply disruption that are integral to clean energy technologies.
Ford Motor Company, LG Energy Solution and Koç Holding signed a non-binding memorandum of understanding (MoU) to form a new joint venture subject to final agreement by all the parties to create one of Europe’s largest commercial electric vehicle battery cell facilities near Ankara, Turkey.
BYD Cars Philippines is mirroring the performance of BYD globally, becoming the best selling new energy vehicle in the country. In an industry report it released recently, ACMobility, the official distributor of BYD passenger vehicles, announced a significant achievement in the New Energy Vehicle (NEV) market.
In February 2022, GTI Energy, S&P Global Commodity Insights and the National Energy Technology Laboratory (NETL) launched the Open Hydrogen Initiative (OHI), a collaboration to further transparency into the environmental impact of hydrogen production and help unlock its full potential as an important driver of energy transitions.
Octillion Power Systems, a global provider of advanced lithium-ion batteries, has moved to a new US headquarters in Richmond, California. Octillion is a global supplier of advanced high-density lithium-ion battery packs for passenger cars, trucks, buses, and energy-storage systems. Earlier post.)
Rimac Technology, a leading provider of high-performance automotive technology solutions to global OEMs, has partnered with battery maker EVE Energy. The solution meets the stringent demands of the industry offering class-leading energy density, customizable cell-to-pack solutions, and an advanced battery management system.
Global research and consulting firm Frost & Sullivan has recognized Gogoro AS with its 2024 Global Company of the Year Award for its leadership in the electric two-wheeler (E2W) battery-swapping. continued] The post Gogoro Receives 2024 Global Company of the Year Award appeared first on CleanTechnica.
NuScale Power, along with Shell Global Solutions (Shell) and industry participants will develop and assess a concept for an economically optimized Integrated Energy System (IES) for hydrogen production using electricity and process heat from a NuScale VOYGR small modular reactor (SMR) power plant.
GWh of passenger EV battery capacity was deployed onto roads globally in 2021—a 113% increase over 2020—as battery-electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) sales surged year-over-year, according to Adamas Intelligence. South Korea’s LG Energy Solution claimed a distant second place with a record 63.5
Developing lithium from the Salton Sea in California can help anchor a multi-billion dollar domestic electric vehicle battery supply chain and inject thousands of jobs and billions of dollars into California’s economically disadvantaged Imperial Valley, according to a new report from New Energy Nexus. Source: New Energy Nexus.
This collaboration grants AMTE Power a license to manufacture and sell sodium-ion cells (to be incorporated into battery packs) for Energy Storage Solutions (ESS) for defined fields of use and geographies. The recent power outages in Texas highlight the importance of reliable, large-scale energy storage.
The Gold Hydrogen Program , a coalition of organizations seeking to support the scale of this clean energy resource, announced its launch and the debut of a pilot microbial Gold Hydrogen Process. a leader in clean energy solutions). —Zach Broussard, Head of Petroleum Microbiology at Cemvita and Gold Hydrogen Program Manager.
Trading Economics global macro models and analysts expectations forecast battery-grade lithium carbonate to trade at 504,813 CNY (US$74,000) per tonne in 12 months time. Global consumption of lithium in 2021 was estimated to be 93,000 tons, a 33% increase from 70,000 tons in 2020. Lithium is expected to trade at 484,185.00
EVE Energy will serve as the technology partner in the joint venture with 10% ownership and will contribute its industry-leading battery cell design and manufacturing know-how. EVE Energy is a global leader in the manufacture of LFP battery cells for the vehicle industry and is publicly traded on the Shenzhen stock exchange.
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