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Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

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Huge and immediate need for renewable-based fuels in shipping represents opportunity for investors, according to ‘Fuelling the Fourth Propulsion Revolution’ report released today. This is the equivalent of the entire world’s current renewable energy production. billion in 2017 to $1.6 billion in 2019. —Prof.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. thousand in 2017. China, both the world’s largest CO 2 emitter and largest market for clean energy production and consumption, played a crucial role in the story. billion and $2.7

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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A new, broad measure of “energy transition investment”, compiled by BloombergNEF (BNEF), shows that the world committed a record $501.3 billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. billion (down 11%).

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Opinion: Why Lithium Will See Another Price Spike This Fall

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Given this new investment, plug-in electric vehicle (PEV) sales are expected to experience 62% year-over-year growth in 2016 , 60% in 2017, and likely 100% in 2018. Battery experts note that although different battery chemistries exist, the energy density of lithium is far superior to other chemistries. Demand Response: A Wild Ride.

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Nature editorial: environmental and human costs of Li-ion technology must be addressed quickly

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Li-ion batteries currently are the indispensable enabling technology for electric vehicles and the electric grid, the latter due to the need to store energy from renewable sources. The market for Li-ion batteries is projected to grow from $30 billion in 2017 to some $100 billion in 2025.

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