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3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

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Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. by Nick Cunningham of Oilprice.com.

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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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Many countries, cities, companies, and individuals have made pledges to reduce emissions, and it is stark reminder that despite all this rhetoric, global fossil CO 2 emissions are more than 5% higher than in 2015, the year of the Paris Agreement. due to increased electricity demand and constraints on coal supply, with coal to decline by 4.6%.

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ABB launches first DC fast charger compliant with Chinese GB standard

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The Terra 53 series has been applied in several overseas projects including the country-wide EV charging network in the Netherlands which will be completed in 2015. Ltd signed a strategic cooperation to supply DC fast charging wallboxes over the next six years. Earlier this year, ABB and Shenzhen BYD Daimler New Technology Co.,

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Boston-Power to supply Li-ion battery systems to Beijing Electric Vehicle Company for EVs, starting with Saab 9-5 based C70

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The company has introduced two cell products from its technology platform: Swing cells for transportation and stationary energy storage applications; and Sonata cells for notebook and portable power applications, as well as a family of battery blocks, modules and systems for large format applications. Earlier post.).

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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

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In REmap—IRENA’s global roadmap for the transition—energy demand by 2050 could be about the same as in 2015, due to significant energy efficiency improvements. The supply mix however, would change substantially, with the share of renewables in total primary energy supply reaching two thirds by 2050. trillion in 2015.

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Germany Launches H2 Mobility Initiative to Expand Infrastructure for Refueling Hydrogen Vehicles

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Daimler AG and leading energy companies signed a Memorandum of Understanding (MoU) in Berlin, with the participation of the German Minister of Transport, Wolfgang Tiefensee, to evaluate and expand the setup of a hydrogen infrastructure in Germany to support the series production of fuel cell electric vehicles. Earlier post.). Earlier post.).

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Opinion: Saudi Arabia Continues To Turn Screws On US Shale

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Saudi Arabia continues to ratchet up production, taking market share away from US shale producers. That was enough for the de facto OPEC leader to claim its highest oil production level in more than three decades. That was enough for the de facto OPEC leader to claim its highest oil production level in more than three decades.