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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

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The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. Between 2010 and 2021, worldwide nickel usage grew almost 90%.

China 416
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Pew: global clean energy investment reached record $243B in 2010

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2010 investment by country and sector. Global clean energy finance and investment grew significantly in 2010 to $243 billion, a 30% increase from the previous year. China continued to solidify its position as the world’s clean energy powerhouse. billion in investments in 2010 represents a 39% increase from 2009.

2010 236
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World Bank/PRTM study finds global value chain shift resulting from vehicle electrification could favor China from technology and supply chain perspectives

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PRTM projects that the global EV value chain will likely be greater than US$250 billion by 2020. Driven by four global megatrends—reducing CO 2 emissions, oil concerns, growing congestion, and rapid technology advances—countries worldwide are focusing strongly on vehicle electrification. Click to enlarge.

China 199
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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.

Cost Of 210
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Volvo Cars and Geely intend to merge their combustion engine operations

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Volvo Cars and Geely intend to merge their existing combustion engine operations into a stand-alone business in order to establish a new global supplier that will seek to develop next generation combustion engines and hybrid powertrains. Volvo Cars has been under the ownership of the Zhejiang Geely Holding of China since 2010.

Volvo 207
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Global aerospace study finds fuel costs continue as major airline concern

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Airline executives continue to express concern about rising fuel costs, according to a new global aerospace study released today by CIT Group Inc., a leader in transportation finance. The survey took place during November and December 2010. 2011 Global Aerospace Outlook Challenges of an. Ever-Changing Industry.

Global 199
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Daimler takes 12% stake in Chinese parter BAIC Motor; first non-Chinese automotive company to acquire an interest in a Chinese OEM

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Daimler AG is taking a major step forward in its China strategy with the closing of the company’s 12% investment in long-standing partner BAIC Motor, the passenger car unit of Beijing Automotive Group (BAIC Group), one of the top automotive companies in China. As one of China’s largest automakers, BAIC Group sold more than 1.7

Chinese 259