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Stellantis signs binding agreement with Element 25 for manganese sulphate supply for EV batteries; sourced in Australia, processed in US

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Stellantis and Australia-based Element 25 signed a binding agreement for Element 25 to supply battery-grade, high-purity manganese sulphate monohydrate (HPMSM) to Stellantis for use in electric vehicle (EV) battery packs. Stellantis will make an equity investment in Element 25.

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EIA expects significant increases in US wholesale electricity prices this summer

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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. MMBtu in May 2021.

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EIA: record US natural gas demand this winter led to largest storage withdrawal in four years

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Net withdrawals of natural gas from US storage totaled 2,264 billion cubic feet (Bcf) this winter (November 2021 through March 2022). During the heating season, natural gas must be drawn from storage to meet this excess of demand over supply. On average, demand for natural gas in the United States exceeded supply by 14.9

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US Steel to supply General Motors with US-sourced sustainable verdeX steel

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United States Steel Corporation will supply General Motors with its advanced and sustainable steel solution called verdeX steel. BRS is the only steel mill in North America to combine an electric arc furnace (EAF) with a Ruhrstahl Heraeus (RH) degasser for cleaner, more formable steels.

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Australia’s Jemena to supply green hydrogen to Hyundai from 2021; Green Gas project

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Leading Australian energy infrastructure company Jemena has signed a new deal to supply Australia’s emerging zero emission vehicle industry with renewably generated green hydrogen. Jemena’s Managing Director, Frank Tudor, said the deal will make hydrogen gas generated from solar and wind power available to the vehicle industry.

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EIA expects a 2.4% increase in total US electricity consumption in 2022

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The US Energy Information Administration (EIA) expects US electricity consumption this year to increase 2.4% According to the agency’s August 2022 Short-Term Energy Outlook (STEO), growth in renewable energy will meet most of the increased electricity demand this year. EIA expects US residential electricity prices will be 6.1%

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Argonne report on characteristics of light-duty plug-in electric vehicles in US

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A new report from a team at Argonne National Laboratory examines the changing characteristics for light-duty plug-in electric vehicles (PEVs) from 2010-2021, evaluating range, energy efficiency, costs, and performance. million PEVs have been sold in the United States through December 2021, with 1.3 More than 2.1 Gohlke et al.

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