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Chile President Gabriel Boric announced that his government will nationalize the country’s lithium industry, with the objective of increasing wealth for the country, and developing a key industry as a fundamental step to link Chile’s economic development with the change towards a green economy at a global level.
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.
The rapidly growing space industry may have a greater climate effect than the aviation industry and undo repair to the protective ozone layer if left unregulated, according to a new study led by UCL and published in the journal Earth’s Future as an open-access paper. The space industry is one of the world’s fastest growing sectors.
General Motors will invest more than $81 million into the company’s Global Technical Center in Warren, Michigan, to prepare the campus to build the Cadillac CELESTIQ ( earlier post ). 3D Printer at GM Additive Industrialization Center. 3D Printer at GM Additive Industrialization Center. Cadillac CELESTIQ show car.
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. —study co-author Olivia Williams.
A study led by Norwegian climate center CICERO has found that the global warming effect of leaked hydrogen is almost 12 times stronger than that of CO 2. Rather, it is the leaking of hydrogen from production, transportation and usage that adds to global warming. A global warming potential of 11.6 Skeie, R.B., Sandstad, M.
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 global energy economy through end-use electrification and sustainable electricity generation and storage. Earlier post.)
A new report sponsored by ABB Robotics and authored by the automotive intelligence unit of Ultima Media auggests that concerns over EV battery supply to meet the escalation in demand poses serious risk to the growth of market share of electric vehicles, despite plans for 80 new global battery gigafactories.
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. Over the coming years, Boston Metal plans to expand the new method for steel production on an industrial scale.
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 2022 and by an additional 1.6
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.
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. We face a time of incredible expansion in hydrogen production amid global supply chain challenges.
With existing and forthcoming emissions mandates, DANNAR and Nuvera would be able to meet the needs of organizations and industries seeking clean energy options for mobility. The Nuvera E-45 and E-60 Fuel Cell Engines can power mid- and heavy-duty vehicles such as buses, trucks, port equipment, delivery vans, and more.
SafeAI, a global leader in autonomous heavy equipment, announced a collaboration with Siemens today to create an autonomous, zero emission heavy vehicle fleet for Obayashi Corporation. In partnership with pioneers like SafeAI and Obayashi Corporation, we can imagine a more sustainable future for these industries.
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.
As the transition to electric vehicles accelerates in several markets around the world, countries where the auto industry contributes significantly to their local economies need to accelerate their EV production to safeguard the future of their industries. An example of a country where the auto industry is a key pillar.
Global energy 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.
The lithium industry needs to invest $116 billion by 2030 if the world is to meet the ambitions targets set by governments and the largest automakers, according to a Benchmark analysis. Globally, Benchmark’s Lithium ion Battery Database forecasts that 43.7% The EU has an ICE ban from 2035. of new vehicle sales will be electric by 2030.
a designer and manufacturer of electrolyzers, recently signed a memorandum of understanding (MoU) with Black & Veatch, a global engineering, procurement, consulting and construction company, to offer a complete and integrated solution for producing large-scale green hydrogen for industrial customers. Next Hydrogen Solutions Inc.,
This will be the first volume production of fuel cells in Norway and a hub for the Norwegian hydrogen industry. We combine a best-in-class fuel cell solution with a long history of being a trusted engineering partner to leading companies in the global maritime industry. —Tore Enger, CEO of TECO 2030 ASA.
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.
Seamless electrified ecosystem required from rock to road to secure the North American automotive industry Battery development and production is strategically important for the transition to clean-energy economy and to remain globally competitive Sustainable lithium mining and processing is an essential component of this ecosystem.
Rising global demand for electric vehicles and economic energy storage systems has led to projections showing an orders-of-magnitude increase in demand for lithium. In 2020 global supply was roughly 315k tons; this is expected to rise to 5.5M Earlier post.) EnergyX and Orocobre plan to deploy their pilots in the near future.
BayoTech is committed to addressing the global need for consistent, cost-effective, low-carbon supply of hydrogen. Hydrogen possesses many attributes that will drive long-term demand as a fuel source, including its role in global decarbonization efforts.
The partnership is part of Europe’s strategic industry initiative, the European Battery Alliance, aimed at building an independent, sustainable, and resilient battery industry in Europe. Over time, production volumes are expected to increase substantially. Batteries are a key technology of our time.
Cummins has entered into a definitive agreement to acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Meritor is an industry leader in axle and brake technology. Under the terms of the agreement, Cummins will pay $36.50
Australian express freight company, Team Global Express, has placed an order for 36 Volvo FL Electric trucks. With transport accounting for 19% of Australia’s carbon emissions, and 38% of that coming from road freight, pressure is mounting on the industry to make the shift to electric. tonnes in this application.
A joint industry partnership to commercialize clean, gold hydrogen, the program’s founding members include synthetic biology company Cemvita Factory (innovator in low-carbon microbial solutions for energy and mining resource extraction, production, and renewal); and Chart Industries, Inc. (a a leader in clean energy solutions). (a
The company is now beginning to advance to B-samples, using larger form factors, to ship to global automotive manufacturers later this year for testing in future electric vehicles. I’m hugely proud of our recent achievement. I’m hugely proud of our recent achievement.
Demand is expected to initially build on the decarbonization of existing industrial uses of hydrogen (95 MtH 2 eq), most notably for fertilizer production. Decarbonizing current and developing new end-uses, it can abate up to 85 GtCO 2 eq in cumulative emissions by 2050, more than twice global CO 2 emissions in 2021.
a developer of energy-dense ammonia power solutions ( earlier post ), and Amon Maritime, an ammonia-powered shipping and technology company, signed a memorandum of understanding (MOU) to advance carbon-free, ammonia power solutions for the global shipping industry. Amogy Inc.,
development of the Teesside hydrogen cluster and decarbonization of industrial users in the area. CF Fertilisers, one of the largest global producers of ammonia and ammonia-based fertilizers ?products, Mitsubishi Chemical Corporation, a leading global manufacturer of chemical products, to scope ?the new MoUs are with:?.
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 globalindustry to follow. Earlier post.). and Hitachi, Ltd.
HME is the global supplier of secondary eDrives for Volkswagen’s all-wheel drive MEB models with power greater than 185 kW. The system was designed using Magna’s fully integrated, modular and scalable building block approach, resulting in a cost-efficient and highly advanced product that meets the various demands for global application.
Following successful field trial results, Cemvita has created a wholly owned subsidiary for the Gold Hydrogen business, Gold H2 LLC (GH2), and subsequently raised and closed funding into the entity, led by founding investors Chart Industries and 8090 Industries. billion in 2020. It is growing at a CAGR of 54.7% billion by 2028.
With Alice’s range and capacity, this is a fantastic sustainable solution for our global network. For us and our customers, this is a very important step in our decarbonization journey and a step forward for the aviation industry as a whole. —Travis Cobb, EVP Global Network Operations and Aviation for DHL Express.
This latest successful presentation further shows ammonia to be a viable, sustainable solution for the otherwise hard-to -bate heavy-duty trucking industries, which account for 23% of the total greenhouse gas emissions from transportation. —Seonghoon Woo, CEO at Amogy.
ABB introduced ABB Dynafin, a new propulsion system concept breaking new ground for efficiency in the marine industry. The shipping industry contributes to almost 3% of global greenhouse gas emissions annually; if it were a country, it would be the sixth-largest emitter. ABB estimates the first prototype to be available in 2025.
Surging global demand for electric vehicles (EVs) and other motorized devices has highlighted global dependency on the unsustainably-produced rare earth materials currently required for the magnets needed in electric drivetrains and motors. The company’s second-generation magnet will offer a magnetic field strength of 1.5
Developed using high-performance computational methods and manufacturing technologies such as additive, the NovaLT family of turbines is suitable for a variety of applications, including industrial cogeneration, pipeline, and offshore. 20 billion cubic meters globally).
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.
Currently, it mainly develops and produces large volumes of chips on 200-millimeter silicon wafers for applications in the mobility, telecommunications, energy, and life sciences industries. Above all, the global ramp-up of electromobility is resulting in huge demand for such special semiconductors.
Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries.
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