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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

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This includes spending on renewables such as wind and solar as well as grid and other infrastructure. To put the scale of the lithium challenge into context, more lithium will be needed in 2030 than was mined between 2015 and 2022, according to Benchmark’s Lithium Forecast. trillion in 2022, IRENA said.

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Connected Energy and Renault to collaborate on energy storage and EV charging technology; second-life batteries in E-STOR

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With increasing EV sales—97,687 EVs were sold in Europe in 2015, up 48% on 2014—so is the requirement in energy to charge them. This can be used, for example, to store energy generated from on-site renewable generation resources such as solar panels and wind turbines, and then release it as needed at a later time.

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Ames Lab team replaces Dysprosium in permanent magnets with Cerium for lower-cost, high performance solution

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Researchers led by a team at the US Department of Energy’s Ames Laboratory have created a new lower-cost magnetic alloy that is an alternative to conventional NdFeB-based permanent magnets. 2015) “Cerium: An Unlikely Replacement of Dysprosium in High Performance Nd–Fe–B Permanent Magnets” Adv. —Pathak et al. Pathak, A.

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Toyota Tsusho to acquire 15% stake in lithium miner Orocobre for US$232 million

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Olaroz hosts a JORC/NI43-101 (mineral reserves reporting standards) compliant, high quality, low-cost and long life resource. The brine is then transferred to a series of evaporation ponds which utilize solar radiation and wind for evaporation and concentration along with a precipitation process to remove impurities.

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DOE announces $60M to accelerate advanced vehicle technologies research

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New innovations in motor technology—printable magnets, high-conductivity windings, and novel architectures—could lead to much smaller, very high energy density systems with twice the useful life that can enable more affordable, better performing PEVs. a 2015 baseline of 36 miles per gallon). New Mobility Systems (Up to $17.5

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DOE awarding >$24M to 77 projects through Technology Commercialization Fund

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OTT was established in 2015 to advance the economic, energy, and national security interests of the United States by expanding the commercial impact of the Department of Energy’s research and development portfolio. Development of low-cost magnetocaloric materials, $150,000 General Engineering and Research, L.L.C.,

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BP Energy Outlook: 30% growth in global demand to 2035; fuel demand continues to rise, even with EVs & fuel efficiency

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The 2017 edition of the BP Energy Outlook , published today, forecasts that global demand for energy will increase by around 30% between 2015 and 2035, an average growth of 1.3% billion cars in 2015 to 1.8 India is the largest growth market for coal, with its share of world coal demand doubling from around 10% in 2015 to 20% in 2035.

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