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Fukushima Hydrogen Energy Research Field (FH2R) completed in Japan; aiming for low-cost green hydrogen production; P2G

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Renewable energy output is subject to large fluctuations, so FH2R will adjust to supply and demand in the power grid in order to maximize utilization of this energy while establishing low-cost, Green hydrogen production technology. With sights set on expanding the use of renewable energy, Toshiba ESS, Tohoku Electric Power Co.,

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IHS Markit: global revenue for automotive magnetic sensor market to more than double to $2.3B in 2030 from $1.1B in 2017

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IHS Markit forecasts that global revenue for the automotive magnetic sensors market will expand to $2.3 The magnetic sensors space will benefit from a discernible acceleration in market demand as the effects of car electrification take hold. Hall sensors are notable for their robust performance, small size, and low cost.

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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.

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IDTechEx: Sales of electric motorcycles in Europe grew 50% y-o-y in 2020

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This growth is driven by continued policy support from governments alongside start-ups and incumbent OEMs entering the market with new model releases, finds the recent report from IDTechEx, “ Electric Two-wheelers 2021-2041 ”. The result has been strong growth on par with the electric car market since 2017, as shown in the chart below.

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Pike Research projects 138M electric motorcycles and scooters to be on the road worldwide by 2017

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Cumulative battery usage by vehicle, world markets, 2011-2017. According to a new report from Pike Research, the number of e-motorcycles and e-scooters on the road will increase from 17 million in 2011 to 138 million by 2017, the majority of which will be powered by lead-acid batteries. million, respectively, by 2017.

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The Oil War Is Only Just Getting Started

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The US rig count has been rising , while OPEC seems unfazed by the resurgence in North American shale activity and is trying to convince the market (and itself) and prove that it would be mostly adhering to the promise to curtail supply in an effort to boost prices and bring markets back to balance.

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Pike Research forecasts global hybrid medium- and heavy-duty truck sales to surpass 100,000 vehicles annually by 2017; about 2.1% of total MD/HD sales

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MD/HD HEV Truck Sales as percentage of ICE trucks, World Markets: 2011 and, 2017. The global truck market is about 3.7 million by 2017. In the United States, trucks represent approximately 13% of the total fleet market (in number of vehicles). between 2011 and 2017 to reach 100,746 trucks, or about 2.1%

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