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IDTechEX: solid-state battery market will grow to $8B by 2031

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A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. The car plug-in market will take the largest share (66%) in 2031, followed by smartphone applications. Lithium-ion battery manufacturing has been dominated by East Asia, with Japan, China, and South Korea playing a significant role.

Market 418
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IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

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Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets. mb/d in 2017.

Brazil 218
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EIA projects nearly 50% increase in world energy usage by 2050, led by growth in Asia

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EIA projects most of this growth will come from regions where the consumption of energy is driven by strong economic growth, particularly in non-OECD Asia. EIA’s annual long-term assessment of world energy markets includes a Reference case and four core side cases, which use different assumptions for the projections in each case.

Asia 220
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EIA: Global trade in liquefied natural gas grew by 4.5% in 2021

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Bcf/d, over the past five years (2017–21). Among LNG-importing regions in 2021, only Asia and Latin America increased annual imports: Asia by 2.4 Bcf/d, accounting for 57% of the increase in Asia’s LNG imports. Bcf/d) between 2017 and 2021 as a result of nuclear units coming back online. Bcf/d in Australia, and 1.7

Global 259
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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

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Consumption of lithium in rechargeable batteries by end use, 2012-2017, kt LCE. Roskill is an international metals and minerals market research firm. In 2012, East Asia accounted for 60% of total global consumption with Europe accounting for a further 24% and North America 9%. Batteries Forecasts Market Background Materials'

Market 296
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BNEF: EV sales to fall 18% in 2020, overall car market by 23% in response to health and economic crisis

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The figures, if realized, have major implications for oil and electricity markets. The long-term trajectory has not changed, but the market will be bumpy for the next three years. However, the date will vary greatly depending on the market, as early as 2022 for large cars in Europe but 2030 or after for small ones in India and Japan.

2020 243
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Pike Research forecasts automotive Li-ion battery prices to drop by more than 1/3 by 2017

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According to a recent report examining batteries for electric vehicles from Pike Research, as manufacturing efficiencies improve and access to lithium expands, the installed cost of Li-ion batteries will fall by more than one-third by the end of 2017. In terms of revenue, the market for Li-ion batteries for transportation will grow from $2.0

Li-ion 324