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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

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But a range of both advanced and emerging economies have recently announced energy strategies that include substantial roles for nuclear power as well as considerable financial incentives to invest in it. —IEA Executive Director Fatih Birol.

Russia 458
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ICCT provides policy update on proposed China Phase 4 fuel economy regulations

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The proposal was published on 21 January 2014 by the Chinese Ministry of Industry and Information Technology (MIIT). The multiplier is set at 5 in 2016–2017, falling to 3 in 2018–2019, and then to 2 in 2020. 100km (84 mpg US) will be counted as 3 vehicles in 2016–2017, 2.5 100km (34 mpg US) in 2015. in 2018–2019, and 1.5

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IBM Research launches 10y project to support China in transforming national energy systems; “Green Horizon”

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Dubbed “Green Horizon”, the initiative sets out to surpass current global practices in three areas critical to China’s sustainable growth: air quality management; renewable energy forecasting; and energy optimization for industry. One of the first partners to come on board is the Beijing Municipal Government. Urban air quality management.

China 275
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Waste-to-biofuels company Enerkem raises C$280M, its largest financing round

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In November 2017, Enerkem received approval from the US Environmental Protection Agency (EPA) to sell cellulosic ethanol produced at its Edmonton facility under the US Renewable Fuels Standard (RFS). Sinobioway is a leading Chinese company engaged in the bio-economy. — Enerkem President and CEO Vincent Chornet.

Waste 199
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IEA forecasts global oil demand to reach 101.6 mb/d in 2023; non-OECD countries lead expansion

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In contrast to 2022 when the OECD led the expansion, non-OECD economies are set to account for nearly 80% of growth next year. OECD industry stocks also rose, by 42.5 At 2,669 mb, OECD industry stocks were nevertheless 290.3 mb below the 2017-2021 average. mb/d in 2022 to 2.2 mb/d in 2023, according to the forecast.

Oil 210
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BMW Group 1st international automaker to obtain autonomous driving road test license in China; new R&D center in Beijing

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This achievement underlines BMW Group’s leading role in the development of autonomous driving in the Chinese automotive industry. The new space gives home for more than 200 employees—adding up to a total of more than 1,100 staff in the Chinese R&D network. In 2017, China was the largest market for the BMW Group globally.

BMW 220
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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. Other end-uses, including glass-ceramics, greases and polymers, have also shown high rates of growth, but are predicted to moderate over the next five years as emerging economy growth slows. Source: Roskill. Click to enlarge.

Market 296