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Russian Rosatom State Atomic Energy Corporation and the EDF Group signed a strategic cooperation agreement in March 2021 to develop green hydrogen in Russia and Europe. Rosatom’s ambition is to produce and to store decarbonized hydrogen, and take part in pilot projects in Russia and across the world.
Ward's Auto is reporting that Hyundai and Renault are eyeing a return to the Russian market, assuming that Russia and Ukraine reach a peace deal following the former's invasion of the latter. if the fighting stops, the two global automakers, which left the Russian market due to the conflict, might reenter it.
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.
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
As the world contends with a global energy 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.
Global CO 2. After a decline in global CO 2 emissions in 2009 of 1% (including a. correction for the leap year 2008), global emissions have. After a decline in global CO 2 emissions in 2009 of 1% (including a. correction for the leap year 2008), global emissions have. Indexed global CO 2. Source: JRC.
After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. MMbtu in Russia, $8.7/MMbtu
Ford Motor Company and Russian automobile company Sollers OJSC signed a Memorandum of Understanding (MoU) under which the parties intend to launch a new 50:50-owned joint venture called Ford Sollers for the production and distribution of Ford vehicles in Russia. Ford began producing cars in Russia in 2002. Earlier post.).
Global automobile production will increase by 21 million units by 2021, and has grown by 25 million units since 2009 as the industry continues to recover from the impact of the global economic recession, according to a forecast by IHS Automotive.
After declining consecutively for three years, global coal production increased by 2.8% Growth has been driven by India, Indonesia and Russia, where production increased by 3.1%, 1.2%, and 3.7% Coal production in India, Indonesia and Australia is forecast to grow at respective compound annual growth rates (CAGRs) of 10.9%, 3.9%, and 2.3%
Products from the new plant in Russia will be supplied to the growing European and Asian markets for use within the automotive sector and renewable energy markets, said Georgy Kolpachev, Managing Director of Rusnano. The project is aimed towards the growing transportation industry, grid stabilization and renewable energy applications.
Methane pyrolysis separates methane (CH 4 ) into gaseous hydrogen and solid carbon that is a valuable material for various industry branches and can also be stored safely. Now, KIT is partnering with industry partner Wintershall Dea to further develop this process for use on an industrial scale. Resources.
The automotive turbocharging industry will generate $12 billion in revenue by equipping 49 million vehicles with turbochargers annually by 2019, according to Honeywell Turbo Technologies’ 2014 Global Turbo Forecast. In addition to improving fuel efficiency, downsized turbocharged engines also reduce harmful exhaust emissions.
billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) was traded globally during 2021, an increase of 2.2 Bcf/d (4.5%) from 2020, according to The LNG Industry GIIGNL Annual Report 2022 by the International Group of Liquefied Natural Gas Importers ( GIIGNL ). Global LNG export capacity has increased by 29%, or 14.0
signed a memorandum of understanding (MOU) with Russia’s Federal Grid Company (FGC) to help develop new opportunities to use high-performance battery systems to improve the reliability and performance of the Russian electricity system, which is facing record setting demand on an aging grid. Tags: Batteries Russia Smart Grid.
million vehicles globally in the first six months of 2011, the best half-year performance in Chevrolet’s 100-year history. over the best-ever-sales pace set in 2010; China, up 15% to set the brand’s best first-half results yet; Russia, up 54% as the brand continues to be the best-selling global brand in the country; and.
global sales rose to more than 9 million vehicles in 2011, a 7.6% of the global vehicle industry. General Motors Global Sales Summary. Total Global. million vehicles around the world in 2011, setting a global sales record. million vehicles around the world in 2011, setting a global sales record.
In its latest Oil Market Report , the International Energy Agency (IEA) raises its forecast for global consumption of oil to 90.8 Global crude oil supplies fell by 170 kb/d in December, to 91.2 Average OPEC crude output reached an historic high in 2012 in the wake of continued global demand growth. Global refinery runs rose 1.5
Hyundai Motor Company will establish a Hyundai Mobility Global Innovation Center in Singapore (HMGICs) to accelerate its innovation efforts, with support from the Singapore Economic Development Board (EDB). HMGICs will become Hyundai’s global open innovation hub. It also will help define the future business direction for the company.
Global OEM connected car system penetration is expected to increase from 11.4% While penetration in the US and Western Europe will exceed 80% by 2017, developing regions such as Latin America and Eastern Europe will also see strong increases in telematics penetration in new vehicles, largely driven by mandates in Brazil and Russia.
The Center will be funded by the Skolkovo Foundation and BP Russia. This success is possible because of a close cooperation of global leaders in research on heat exchange and catalysis processes—Imperial College London and Boreskov Institute of Catalysis—with active involvement from British Petroleum.
Global CO 2 emissions from fossil-fuel combustion reached a record high of 31.6 The “450 Scenario” of the IEA’s World Energy Outlook 2011 , which sets out an energy pathway consistent with a 50% chance of limiting the increase in the average global temperature to 2 °C, requires CO 2 emissions to peak at 32.6 Gt on 2010, or 3.2%.
The global energy map is changing significantly, according to the 2012 edition of the Internal Energy Agency’s (IEA) World Energy Outlook ( WEO-2012 ). The IEA said these changes will recast expectations about the role of different countries, regions and fuels in the global energy system over the coming decades. Energy demand.
The most notable new policies include the US “Inflation Reduction Act”, legislation providing more than $369 billion in funding for clean technologies, and the European Union’s REPowerEU plan, which sets ambitious targets to reduce reliance on gas from Russia. advancing or delaying the time of electricity dispatch.
In practice, the call for a change is a call for Saudi Arabia and Russia, the two dominant global crude exporters, which each daily export over seven-plus mmbbls (including condensates and NGLs) and which each see the other as the key to any "balancing" moves, to bear the brunt of any production cuts.
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. Global Nickel Trade and Chinese Dominance.
Airline executives continue to express concern about rising fuel costs, according to a new global aerospace study released today by CIT Group Inc., Regional consolidation is expected to be most prevalent (30%), followed by alliance (25%), global (24%) and emerging markets (21%). 2011 Global Aerospace Outlook Challenges of an.
Global emissions of CO 2 increased by 3% last year, according to the annual report “Trends in global CO 2 emissions”, released by the EC Joint Research Centre (JRC) and the Netherlands Environmental Assessment Agency (PBL). At 3%, the 2011 increase in global CO 2 emissions is above the past decade’s average annual increase of 2.7%.
Fuel efficiency, safety innovation, and vehicle styling will be the three most important product issues influencing automotive consumer purchase decisions over the next five years, indicating a perceived shift in buying priorities, according to the 12 th annual global automotive survey conducted by KPMG LLP. Investments.
Global refining capacity is set to expand by 1 mb/d in 2022 and 1.6 Following nearly two years of declines, observed global oil inventories increased by 77 mb in April. OECD industry stocks also rose, by 42.5 At 2,669 mb, OECD industry stocks were nevertheless 290.3 mb/d this year, eroding its spare capacity cushion.
International oil and gas major BP and Russian state-owned Rosneft have a formed a strategic global alliance, creating the first major equity-linked partnership between an international and a national oil company. Rosneft is Russia’s leading oil producing company. It produces oil in all key regions of Russia. Click to enlarge.
Siemens AG and Mitsubishi Heavy Industries, Ltd. The move has two aims: expansion of the product line in the steel and metal production machinery business and acceleration of globalization. The move has two aims: expansion of the product line in the steel and metal production machinery business and acceleration of globalization.
Global light vehicle assembly will reach 81.8 Consumer demands and regulatory requirements are motivating the global automotive industry to push ahead with technological breakthroughs on a larger scale ,” said Rick Hanna, PwC’s global automotive leader. million units in 2013, representing a 3.3% million units in 2019.
Within the US, industry typically refers to tight oil production rather than shale oil production, because it is a more encompassing and accurate term with respect to the geologic formations producing oil at any particular well.
More than 1GWh of batteries are now sailing on waters globally, reflecting 72% industry growth in 2022, according to a new report from IDTechEx. IDTechEx concludes that the future of the electric ship industry lies with hybrid cargo vessels. The potential is huge.
The SAFE Center for Strategic Industrial Materials (C-SIM) released the first report in a series of policy papers regarding the various issues impacting domestic primary aluminum production: The US Aluminum Industry’s Energy Problem and Energy Solution.
Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. The steel industry cannot afford to wait for the 2040s to start its transition.
GAZ Group, part of Basic Element, one of the Russia’s largest diversified industrial groups, and Gazprom have agreed to cooperate on using natural gas as a motor fuel. GAZ Group is the largest manufacturer of commercial vehicles in Russia. Gazprom accounts for 15% and 78% of the global and Russian gas output accordingly.
Global automotive market intelligence firm Polk forecasts worldwide new vehicle sales in 2012 will rise 6.7% Polk analysts believe the global economy will weather the current European sovereign debt crisis and consumers will return to showrooms around the world in 2012. for the overall US industry. Click to enlarge.
SMART is focusing on global urban regions, and has identified five “themes” that fill unaddressed gaps and guide and inform the program’s collaborative research, pilot projects, and education activities. The initiative, which funds 10 global sustainability research projects in Australia, Brazil, Canada, China, Russia and the United States.
Although Gen Y buyers are not yet very active in the new car market, global market research firm GfK suggests their preferences will be critical for the future of the connected car industry. —Frank Härtl, Global Lead for Automotive at GfK. appeal most to certain age groups. —Frank Härtl.
A group of leading German companies along with Australia’s Fortescue Future Industries (FFI) has released a green hydrogen roadmap, outlining a set of recommendations for government and industry, to meet the ambitious target of importing large amounts of green hydrogen from Australia to Germany. Source: RMI analysis).
Global energy-related carbon dioxide emissions were flat for a third straight year in 2016 even as the global economy grew, according to the International Energy Agency. Global emissions from the energy sector stood at 32.1 The data signal a continuing decoupling of emissions and economic activity.
The brand will embody modernity and innovation within and beyond the automotive industry in energy, tech and mobility services. driving profitability through 4 differentiated business units. Half of launches in Europe will be full EVs, with higher margin contribution than ICE (in €).
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