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The Covid-19 crisis in 2020 triggered the largest annual drop in global energy-related carbon dioxide emissions since the Second World War, according to IEA data, but the overall decline of about 6% masks wide variations depending on the region and the time of year. Many economies are now seeing emissions climbing above pre-crisis levels.
IHS Markit is projecting an 18% drop in global new vehicle sales year-on-year under an extended lockdown scenario to 73.3 IHS Markit said that the 40% chance of an extended lockdown forecast reflects immediate impacts of new containment measures that have been announced globally and expanded within countries already confronting the virus.
Global CO 2 emissions decreased 1.3% in 2009, the first decrease recorded this decade, according to an addendum to an earlier study outlining a method for updating global fossil fuel carbon dioxide emissions published in the journal Environmental Research Letters. The decrease in emissions follow the decrease in the global economy.
The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. In three of the four scenarios, global oil demand continued to grow through 2030. Lines represent global oil demand by study scenario.
Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 BGPY in 2011) would represent just 7% of the estimated global transportation fuels market in 2021. The Americas are projected to account for 71% of global biofuels production. billion in 2011 to $185.3
Global energy intensity, 1981-2010. Global energy intensity—defined as total energy consumption divided by gross world product—increased 1.35% in 2010, the second year of increases in the context of a broader trend of decline over the last 30 years, according to a new Vital Signs Online article from the Worldwatch Institute.
Pike forecasts that the global market for biofuels will increase from $82.7 Pike projects that the Americas will account for 71% of global biofuels production. Pike Research estimates that the global gasoline market will reach an estimated 375 billion gallons per year (BGPY) in 2021. growth in the global biofuels industry.
The global race for the best hydrogen technologies and the best sites for hydrogen production is already on. The Federal Research Ministry will provide up to 40 million euros in funding from the economic stimulus package for cooperation within the framework of this partnership. It has a lot of vast unused space.
Global automotive semiconductor revenue for 2020 will exceed initial expectations, primarily due to an increase in the average semiconductor value per car sold this year, according to a new forecast by IHS Markit. By 2026, IHS Markit forecasts the global market for automotive semiconductors to reach $67.6
of combined gross domestic product (GDP) each year by 2100, more than twice the projected global average loss. of combined gross domestic product (GDP) each year by 2100, more than twice the projected global average loss. Under a high emissions scenario, the annual mean temperature in the four countries is projected to rise 4.8°C
Pike Research forecasts that the global market for all electric-drive buses—including hybrid, battery electric, and fuel cell buses—grow steadily over the next. Europe is behind on hybrid bus deployments, although stimulus. 6 years, with a compound annual growth rate (CAGR) of 26.4% from 2012 to 2018. Li-ion batteries.
trillion more each year should be invested globally in low-carbon energy, including renewables, and the electrification of economies over the coming decade, while annual expenditure on fossil fuel energy should decrease by $350-600 billion. The report says that $1.5-1.7
—Monty Bayer, global business director, Dow Ventures & Business Development, Licensing and Venture Capital. Federal stimulus funds channeled toward domestic development of electric vehicle technology has created an opportunity to strengthen the energy storage industry in the US, which is currently based in Japan and Korea.
IHS Markit cut its forecasts for global light vehicle sales and production as the impact COVID-19 impact has depressed demand. According the new analysis, global light vehicle sales are now forecast to be 69.6 IHS Markit forecasts a similar decline for global light vehicle production, falling to 69.3 million units. Production.
Augmenting those capabilities, Boston-Power’s Westborough, Massachusetts-based team maintains responsibility for intellectual property development, research and development, global customer support, sales and business development and partnerships with advanced research organizations in the Boston area.
The launch of the Terra 53 Z DC fast charger turns the Terra 53 series into the world’s first DC fast charging solution to offer specific types complying with the three global open charging standards: SAE Combo, CHAdeMo and China GB.
The National Zero-Emission Truck (ZET) Coalition, including some four dozen organizations representing the US’ major heavy truck makers, innovators, suppliers and key stakeholders, sent a letter to Congressional leadership calling on any stimulus or recovery legislative package to prioritize investments that benefit U.S.
KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power and industrial markets. the parent company of Chemetall, is a leading global specialty chemicals and advanced materials company. Rockwood Holdings, Inc.,
The report uses the global standard developed by the International Union for the Conservation of Nature (IUCN) for nature-based solutions. of projected economic stimulus spending. The report says that structural transformations are needed to close the US$4.1-trillion Nature currently only accounts for 2.5%
In today’s Electrek Green Energy Brief (EGEB): C40 mayors, transport workers, and unions call for stimulus funding for public transport. more… The post EGEB: Global megacities call for a ‘green recovery’ for public transport appeared first on Electrek. Click here to learn more and get your quotes. — *ad.
Mark Little, GE’s Senior Vice President and Director GE Global Research, will join A123Systems’ board of directors. In addition to the private capital, A123 is seeking funds under federal and state stimulus and other programs to ramp up its production capabilities in Michigan.
At the AABC 2008 conference, Robert King from GE Global Research outlined requirements and challenges for hybrid locomotive batteries, including: 1,300 kW continuous chare/discharge power. The announcement coincides with GE’s submission this week for federal stimulus dollars from the US Department of Energy. Earlier post.).
The international "Science Award for Electrochemistry" supports outstanding work in natural and engineering science and aims to provide a stimulus for the development of high-capacity energy storage systems. The Science Award has been offered annually since 2012 and is aimed at scientists in the global academic research community.
In addition to being a leader in electrical infrastructure and systems, Eaton is a global leader in the production of hybrid power systems for trucks and buses, accumulating nearly 20 million road tested miles of service around the world.
According to the ITF Transport Outlook 2021 , the biennial flagship report of the International Transport Forum, a sister organization of the OECD, global transport activity will more than double by 2050, and traffic emissions will rise by 16% compared to 2015 even if existing commitments to decarbonize transport are fully implemented.
Recent market reports have predicted that the global market for large format lithium-ion batteries—such as those used in plug-in vehicle applications—will see a substantial overcapacity in the coming years, with some predicting an excess of more than 100% in 2015. Earlier post.). Click to enlarge.
a leading global producer of specialty lithium salts for lithium batteries, to form a new joint venture platform that will create an integrated global producer of lithium battery electrolytes. Foosung Co., This is an important strategic step for Novolyte and we are delighted to be partnering with Foosung Co. and its leaders.
Pike Research forecasts that biorefineries globally will attract $170 billion in new capital investment between 2012 and 2022, reaching 81 billion gallons per year (BGY) of installed capacity. Cumulative capital investment in biorefinery infrastructure by generation, world markets, 2012–2022. Source: Pike Research. Click to enlarge.
The international Science Award for Electrochemistry supports outstanding work in natural and engineering science and aims to provide a stimulus for the development of high-capacity energy storage systems. The Science Award has been offered annually since 2012 and is aimed at scientists in the global academic research community.
ABB, a global provider of power and automation technologies, has made a $10-million equity investment in ECOtality, Inc. The project is funded by the US Department of Energy through a federal stimulus grant of $114.8 The project will provide an EV infrastructure to support the deployment of 8,300 EVs.
Additionally, through its stimulus programs and local industrial policies, the Chinese government is providing a range of grants, low-interest loans and related financial and tax incentives. Due to the strategy to focus predominantly on China in both the immediate and longer term, the company is reallocating its global resources.
Foreign demand for small cars has been growing in part because of stimulus measures in some countries to encourage consumers to replace their cars. But automakers expect demand will remain robust even after the global economy recovers thanks to government-led environmental protection steps. liters by the end of 2010. Mazda Motor Corp.
global sunlight. Its efficiency was such that gas bubbles emerged as soon as it was under a light stimulus. -Fe 2 O 3 (hematite) electrodes that achieve the highest photocurrent of any metal oxide photoanode for photoelectrochemical water-splitting under 100?mW?cm 2 air mass, 1.5
Volvo will use EGR, SCR and DPF technology in its global heavy duty engine platform. By having a global technology platform in place, the Volvo Group will be able to generate economies of scale in research and development as well as purchasing and production. Click to enlarge. Year-to-date, total Volvo truck deliveries are down 56%.
Global hybrid + EV assembly forecast. This is already a reality as governments around the world have offered billions of dollars in the form of loans, grants, and rebates through various stimulus programs. Source: PwC. Click to enlarge. Of that, nearly one third, or three million units, will be plug-in and pure electric vehicles.
Noting the importance of a hydrogen infrastructure with sufficient density, the automakers—Daimler, Ford, GM/Opel, Honda, Hyundai, Kia, Renault Nissan Alliance, and Toyota—in that LoU strongly supported building up a hydrogen infrastructure in Europe, with Germany as regional starting point, among other global starting points. Earlier post.).
In Germany, these have been increased as part of the stimulus package to alleviate the impact of the coronavirus pandemic on the economy; in China, the premiums that were set to expire have also been extended. All five countries offer purchase premiums for electric vehicles, for example.
Ener1 has announced active relationships with Think Global, Fisker and Volvo, and has a research program with Nissan. We are also looking ahead to a time when business growth makes it sensible to extend custom-tailored pack assembly capacity closer to where customers need it. Ulrik Grape.
It was a first half record for both GM China and global automakers in China. The market benefited from stimulus policies adopted by the Chinese government as well as growing demand for personal transportation in tier-three and tier-four cities and rural areas. This represented an increase of 38.0% from the first six months of 2008.
Global energy-related carbon dioxide emissions can be reduced by 70% by 2050 and completely phased-out by 2060 with a net positive economic outlook, according to new findings released by the International Renewable Energy Agency (IRENA) and the International Energy Agency (IEA). —IRENA Director-General Adnan Z.
A report released by the World Economic Forum during its annual meeting in Davos warns that to have a chance of limiting the average increase in global temperatures to 2°C, a level which an increasing number of experts already considers unsafe, at least US$515 billion per year will need to be invested in clean energy globally between now and 2030.
TE HVAC systems are strong candidates to replace current vehicular air conditioners using the refrigerant gas R-134a with a global warming potential that is 1,300 times that of carbon dioxide (CO 2 ).
Headwaters said that momentum for creating an entirely new industry surrounding carbon capture and storage has been building since passage of the stimulus bill. The American Recovery and Reinvestment Act increases federal support for deployment of carbon capture and storage projects by 70% to more than $8 billion.
The global automotive industry is receiving close to US$44 billion from governments around the world to develop alternative fuel technologies, analysts at Deloitte reveal. The market for alternative fuel vehicles is being strongly supported economic stimulus packages and other government programs in at least 13 markets.
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