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3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

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Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. Of course, these figures are not inevitable.

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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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to 1.9%) in 2022 as the COVID recovery continues amidst turmoil in energy markets. Many countries, cities, companies, and individuals have made pledges to reduce emissions, and it is stark reminder that despite all this rhetoric, global fossil CO 2 emissions are more than 5% higher than in 2015, the year of the Paris Agreement.

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ABB launches first DC fast charger compliant with Chinese GB standard

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The Terra 53 series has been applied in several overseas projects including the country-wide EV charging network in the Netherlands which will be completed in 2015. The fast-growing market has pushed ABB to constantly bring its leading charging technology into China and continuously improve the business.

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PRTM Analysis Finds Li-ion Battery Overcapacity Estimates Largely Unfounded, with Potential Shortfalls Looming; Total Market Demand in 2020 Will Require 4x Capacity Announced To Date

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PRTM concludes that the large format Li-ion battery market could be under-supplied by nearly 10% by 2016. PRTM’s assessment, based on what it called a thorough review of the operational market dynamics, found the following: Under a “Most Probable” scenario, battery manufacturing capacity will hit a shortfall by 2016.

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Boston-Power to supply Li-ion battery systems to Beijing Electric Vehicle Company for EVs, starting with Saab 9-5 based C70

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As the automotive market took off, we were invited into China at a time when it is incredibly exciting to be in China; the players are working very hard. The Chinese government is putting incentives in place to have the market grow. They are the real market. Strategically, I think that’s a better market. Earlier post.).

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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

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In REmap—IRENA’s global roadmap for the transition—energy demand by 2050 could be about the same as in 2015, due to significant energy efficiency improvements. The supply mix however, would change substantially, with the share of renewables in total primary energy supply reaching two thirds by 2050. Click to enlarge.

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Germany Launches H2 Mobility Initiative to Expand Infrastructure for Refueling Hydrogen Vehicles

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The H2 Mobility launch comes one day after leading automakers signed a Letter of Understanding regarding the commercialization and series production of fuel cell electric vehicles from 2015 onward. Germany, with its excellent ideas from all over the country, is to become the market leader for modern drive technologies. Earlier post.).

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