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Ammonia market to triple by 2050 with nearly all growth coming from low-carbon supply; shift to energy markets

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The global market for ammonia is poised to triple in the coming decades with nearly all of the growth coming from low-carbon ammonia, according to a new analysis by S&P Global Commodity Insights. The rapid growth in ammonia driven by low-carbon supplies will change the current market beyond recognition.

Market 195
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Eberspaecher introduces new AC system for hybrid and battery-electric buses in Asia-Pacific

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in Hyderabad (India) earlier this month, Eberspaecher presented its new all-electric air-conditioning system AC135 AE, especially developed for hybrid and battery-electric driven buses in the Asia-Pacific region. Market forecasts show that by 2030, 40% of the bus fleet in India will consist of BEVs. At Prawaas 3.0

Asia 293
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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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BNEF’s 2H 2022 Energy Storage Market Outlook sees an additional 13% of capacity by 2030 than previously estimated, primarily driven by recent policy developments. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.

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S&P Global: increasing trade of low-carbon biofuel feedstocks heightens supply constraint concerns

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Animal fats and used cooking oil are increasingly joining the likes of lithium, cobalt and copper as energy transitional materials where supply constraints are of growing concern, according to a new analysis of trade flows by S&P Global Commodity Insights Agribusiness Consulting group. The chase is on, and it is here to stay.

Carbon 170
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Octillion shipping 1,500 battery packs per day globally

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Octillion Energy, a global supplier of advanced high-density lithium-ion battery packs for passenger cars, trucks, buses, and energy-storage systems, has achieved the milestone of shipping more than 1,500 battery packs a day and expects to hit 2,000 packs per day this month. billion kilometers driven on its systems.

Global 329
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Neste and ANA collaborate on first supply of Sustainable Aviation Fuel in Asia

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Neste and All Nippon Airways (ANA), Japan’s largest and a 5-Star airline, are entering a sustainable aviation fuel (SAF) supply agreement. ANA will become the first airline to use SAF on flights departing from Japan; the agreement also represents Neste’s first SAF supply to an Asian airline.

Asia 334
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WNA: global nuclear generation nears record high in 2019

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In 2020 the world’s nuclear reactors have shown resilience and flexibility, adapting to changes in demand while ensuring stable and reliable electricity supplies. Growth was particularly strong in Asia, where nuclear generation rose by 17% in 2019. —Agneta Rising, Director General of World Nuclear Association.

2019 468