article thumbnail

Market Update: How Battery Pack Costs Declined Since 2008

Blink Charging

Electric vehicles, renewable energy systems, and grid energy storage all rely on efficient and affordable energy storage solutions, primarily lithium-ion batteries. The Dramatic Decline in Battery Costs The Energy Battery Pack in electric vehicles is a key component in storing the energy needed to power the vehicle’s electric motor.

2008 52
article thumbnail

EIA: high prices for natural gas this winter as global consumption remains high and inventories low

Green Car Congress

The US Energy Information Administration (EIA) expects higher-than-average natural gas prices globally as demand remains high this winter in the United States, Europe, and Asia, and inventories remain low. That price will be the highest inflation-adjusted monthly average price since 2008. —EIA Administrator Joe DeCarolis.

Gas 150
article thumbnail

Fossil Fuel Production Up in 2008 Despite Recession

Green Car Congress

World production of fossil fuels—oil, coal, and natural gas—increased 2.9% in 2008 to reach 27.4 By 2008, coal production represented a third of fossil energy production. Mtoe per day in 2008, representing 39% of fossil energy production and slightly above the level in 2006, the next-highest production year. Mbpd in 2005.

2008 150
article thumbnail

Hot Tub Time Machine WayBack Wednesday – Reposted Word-for-Word from June 25 of 2008

Creative Greenius

Wednesday, June 25, 2008. Right now, here in 2008 the cat is on the roof for global warming. If you’re feeling the impact of today’s $5 a gallon gas and rising food prices and worried about the dropping equity in your home then wait till you see what’s coming in your immediate future. ” “What!? I understand.

2008 150
article thumbnail

TECO 2030 aims to build hydrogen fuel cell gigafactory in Norway

Green Car Congress

The partnership with AVL has already resulted in bringing to production the TECO Future Funnel, a complete exhaust gas cleaning system. IMO, the International Maritime Organization, targets carbon emission cuts of 40% by 2030 and 70% by 2050, compared to 2008 values. The plan is to start fuel cell production in 2022.

Norway 468
article thumbnail

Nippon Steel to invest in Canadian coal company; steelmaking coal offtake agreement

Green Car Congress

Nippon Steel is striving to achieve carbon neutrality by multi-track technological developments, including hydrogen injection in blast furnaces, high-grade steel production in large size electric arc furnace, and DRI production by hydrogen (shaft furnace etc.).

Coal 273
article thumbnail

CARB releases 2022 draft Scoping Plan update

Green Car Congress

The California Air Resources Board (CARB) has released the draft 2022 Climate Change Scoping Plan —the third update to the state’s initial 2008 Scoping Plan. That broad-based coordination lays the foundation for a whole of government approach to future implementation. 100% of LDV sales are ZEV by 2035.