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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.
The US Department of Energy (DOE) Advanced Research Projects Agency - Energy (ARPA-E) will award up to $45 million in funding to support a new program aimed at facilitating the development of the marine carbon dioxide removal (mCDR) industry through scalable Measurement, Reporting and Validation (MRV) technologies.
A new survey of automakers and Tier 1 suppliers conducted by Ducker Carlisle concludes that as electric vehicles continue to enter the mass market, aluminum demand will grow through the end of the decade. Greater collaboration with automakers will bring to life this vision, set forth by the aluminum industry in its 10-year roadmap.
New statistics show that Volvo Trucks was the market leader for heavy all-electric trucks in Europe 2021 with a market share of 42%. The international trucking industry is undergoing a transformation towards more sustainable transport as sales of heavy battery electric trucks are starting to pick up, with Europe in the lead.
In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050. trillion per year by 2050.
The EU project HyInHeat is researching the use of hydrogen in the aluminum and steel industry. The main objective of HyInHeat is the integration of hydrogen as fuel for high-temperature heating processes in the energy-intensive industries. The EU is contributing €17.7 million in funding to the €24-million project.
Nuvera Fuel Cells, LLC, a provider of fuel cell power solutions for motive applications, is teaming with DD DANNAR, LLC (DANNAR) on an integration project to develop hydrogen fuel cell power solutions to markets in need of clean power options that may include municipalities, fleets, military applications, agriculture and mining.
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.
announced the renewal of the Industrial Mining Licence for the Malsiripura, M1 mining project in Sri Lanka (known as Ceylon until 1972) from the Geological Survey and Mines Bureau (GSMB). Vancouver-based Ceylon Graphite Corp. The Licence grants exclusive rights to mine graphite from within the M1 mining area.
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. They don’t want to flood the market with lithium too quickly. The big money that needs to be spent takes time to get approval for and to deploy.
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.
This cost-effective solution can help meet the growing requirements for hydrogen use across various industries by leveraging existing refinery and transportation infrastructure. Existing idle oil refining assets can be revamped to release the hydrogen from the liquid carrier for use in multiple commercial and industrial applications.
Decarbonizing hydrogen supply is critical to initiate uptake in these new sectors, and an industry-standard emissions measurement and verification process is key to providing the market transparency that facilitates new supply agreements. —Paula Gant, Ph.D., President and CEO of GTI Energy.
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 industrialmarkets. Meritor is an industry leader in axle and brake technology. Under the terms of the agreement, Cummins will pay $36.50
The aim is to bring the company’s green fuel cell products and solutions to the global market. With the new investment, Blue World Technologies will work towards starting serial production to get the company ready to send fuel cells and systems to industries around the world.
LH2 Europe will use the abundant renewable electricity in Scotland to produce green hydrogen and market it at a competitive price with diesel. The new tanker will transport the liquid hydrogen to terminals in Germany, with a strategic vision to expand supply to other markets as demand increases. Peter Wells, CEO of LH2 Europe.
The CellPack Stationary is specially developed for the telecommunication industry, an industry that every year installs hundreds of thousands of smaller gensets to keep people around the world connected. On the market for smaller gensets, we can make a significant difference now bringing down CO 2 emissions and air pollution.
We are providing more than 8 billion euros in federal and state funds for the 62 German projects selected today and, with the selected projects, cover the entire value chain—from hydrogen generation and transport to industrial applications. A central area for this is the steel industry as well as the chemical industry.
The feedstock pellets from the pre-treatment plant will then be converted into hydrogen in a second RWE plant which the company is to build at the Chemelot industrial park in Limburg. The CO 2 released during the hydrogen production is captured and can be stored or possibly used as a raw material by industry in the future.
by Dr James Jeffs, Senior Technology Analyst at IDTechEx Computer chips have been part of cars for a long time, but no one really cares about them until they stop working or they are late to the production line, grinding manufacturing to an industry-shaking halt. This is where laptops come back in. That also makes it hard to benchmark.
The US Energy Information Administration (EIA) forecasts that prices in US wholesale electricity markets this summer will significantly increase over last summer’s prices. EIA forecasts summer electricity prices will average $98/MWh in California’s CAISO market and $90/MWh in the ERCOT market in Texas.
This is due to a combination of sequential gains across most end use markets, an unprecedented and incentivized acceleration in copper-intensive renewable electricity wind power generation projects, and the start-up of multiple new large-scale wire rod plants that has expanded the industrial consuming base.
Blastr has entered into a Letter of Intent with Nordic energy company Fortum that provides Blastr exclusive rights to utilize the existing industrial site located in Joddböle, Inkoo in Finland, 55 km west of Helsinki. Fortum has developed the Joddböle area since the dismantling of its Inkoo coal-fired power plant there in 2017-2020.
million) ammonia cracker prototype designed to produce green hydrogen at industrial scale. 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. A Siemens Energy-led consortium has begun work in Newcastle, UK on a new £3.5
It will initially supply the plant in order to test the fuel cells of the Renault Master H2-TECH vehicles marketed by HYVIA as well as the hydrogen refueling stations. This is a major industrial and human challenge, made possible by the strength of our collaboration with Plug and Renault Group.
Demand for large-scale hydrogen projects from industry is steadily increasing. In response, H-TEC SYSTEMS, a subsidiary of MAN Energy Solutions, has developed a new Modular Hydrogen Platform (MHP)—a scalable system for the industrial production of green hydrogen.
The Renault Group suspended its industrial activities in Russia on 23 March ( earlier post ). The LADA brand leads on the Russian automotive market with more than 20% market share and is also present in 20 countries. AVTOVAZ Group is part of the Dacia-LADA business unit with the Group Renault structure.
In 2020, Volkswagen Group China launched a Vertical Mobility project to explore the next generation of mobility solutions, including the urban air mobility market and the extension of urban traffic into airspace. After intensive research, conceptual work, and development, the project team has now developed its first validation model:the V.MO.
Deployments of clean hydrogen to decarbonize industry, transportation, and the power grid can enable 10 MMT/year of demand by 2030, ~20 MMT/year of demand by 2040, and ~50 MMT in 2050. Source: DOE. It also complements the massive $9.5-billion
The Refining & Marketing business is to become a leading European provider of sustainable fuels, feedstock, and mobility solutions. Driven by Asian markets, global demand for virgin polyolefins is expected to grow above global GDP by 2030. Refining & Marketing.
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. By extending our semiconductor operations internationally, we are strengthening our local presence in an important electric vehicle market.
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.
Russia-based Nornickel has begun prototyping new nickel- and cobalt-based alloys, which are of high demand in the aviation, space, nuclear, chemical and oil and gas industries. The nickel alloy market is estimated at around USD 10 billion and expected to grow by 8–10% over the next five years.
Cummins and Taylor Machine Works, a leading US manufacturer of heavy industrial lift equipment, signed a letter of intent with plans to integrate the Cummins 6.7-liter This collaboration will help realize the decarbonization goals of industrial steel, wood products, concrete, oil and gas, and port operations markets.
In fact, GML has been supplying bus bodies for various EV makers such as BYD and CRRC to several markets including Malaysia, Singapore, Australia since 2015, and we expect more countries to catch up with the transition to EV as an increasing number of climate change mitigation commitments have been announced by governments around the globe.
As part the trials, Teijin and Fujitsu will leverage a blockchain-based commercial platform launched in July 2022 to promote the sustainable use of recycled materials, tracing and management of greenhouse gas (GHG) emissions within the environmentally-conscious bicycle industry. Earlier post.)
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.
Volvo Trucks was the market leader for heavy all-electric trucks in Europe in 2021 with a market share of 42%. The largest markets for Volvo’s electric trucks in Europe currently are Norway, Sweden and Germany. Volvo Trucks goal is that electric models will account for half of its truck sales in 2030.
The entire Peugeot Cycles range thus expanded will be available from the main dealer networks of Cycleurope Industries. Beweel, for its part, will market the 3 new models of connected bicycles through its own distribution channels. In 2022, the European market for electric bikes reached the record figure of 5.5
of the total new-vehicle retail market. Updated twice per year, the forecast projects EV adoption rates by segment by state and designated market area (DMA) and offers insights into the specific variables contributing to projected growth rates. Industry-wide, Tesla currently accounts for 63% of all EV sales year to date.
The storage battery market is expected to continue growing in light of the spread of renewable energy and electrified vehicles, as well as the global trend toward carbon neutrality.
NMC811) and cobalt-free materials, along with their performance in industrial format lithium-ion cells. This capability places us in a unique position to serve the nickel-based cathode material market, which we and industry experts believe will require over 3 million tonnes per annum and represent an over $100B market opportunity by 2030.
SSAB aims to deliver fossil-free steel to the market in commercial scale during 2026 and delivered the first steel made of hydrogen-reduced iron in 2021. Later that year, Volvo Group revealed what it said was the world’s first vehicle made of fossil-free steel from SSAB, made in Volvo Construction Equipment’s facility in Braås, Sweden.
The research forecasts that the consumer market will lead the hydrogen vehicles space, with consumer vehicles accounting for more than 60% of hydrogen vehicles in service globally in 2027. These positives have led to significant investment by car manufacturers, including Hyundai, Toyota and BMW. —study co-author Olivia Williams.
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