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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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This could have been due to the companies trying to strengthen their core business and diversify the investment risk given the global economic situation. mtpa low-carbon hydrogen capacity was announced in the US, Denmark, Egypt, Canada, Portugal, and other countries. Last year, mergers and acquisitions (M&A) deals reached $24.4

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Forecast: global 3-wheeler market to grow at CAGR of 13% through 2019

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The value of the global three-wheeler market will grow at a compound annual growth rate (CAGR) of 13% during 2014-19, according to a recently published report by TechSci Research, “Global Three Wheeler Market Forecast and Opportunities, 2019”. cannot effectively penetrate.

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BNEF: cost of new renewables rises as inflation starts to bite

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The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. BloombergNEF’s estimates for the global LCOE for utility-scale PV and onshore wind rose to $45 and $46 per megawatt-hour (MWh), respectively, in the first half of 2022. The latter cost at $74 and $81 per MWh, respectively.

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. The OECD represents the developed economies.

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Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

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CCC is a globally diversified company specializing in Engineering and Construction. Commenting on the news, Richard Thompson, Editorial Director at MEED, part of GlobalData, said: For nearly a century, the Gulf’s abundant supplies of accessible hydrocarbons has put it at the center of a gas-guzzling global economy.

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The Suez chokepoint

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The US Energy Information Administration recently updated its brief on world oil transit chokepoints—one of which is Egypt’s Suez Canal. The EIA defines chokepoints as narrow channels along widely used global sea routes, some so narrow that vessel size is restricted. An estimated 1.0

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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

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Ricardo’s Rising-15 automotive markets include: Argentina; Egypt; Indonesia; Iran; Malaysia; Mexico; Morocco; Nigeria; Peru; the Philippines; South Africa; Thailand; Turkey; Ukraine; and Vietnam. Nissan introducing new Datsun in Indonesia. Market Background Other Asia Sales'

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