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

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In its International Energy Outlook 2019 (IEO2019), the US Energy Information Administration (EIA) projects that world energy consumption will grow by nearly 50% between 2018 and 2050. OECD electric light-duty vehicle stocks increase from 3.5 million vehicles in 2018 to 269 million in 2050. Transportation. Light-duty vehicles.

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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. BNEF predicts that lithium-ion battery prices, already down by nearly 80% per megawatt-hour since 2010, will continue to tumble as electric vehicle manufacturing builds up through the 2020s.

Wind 220
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Northern Graphite closes acquisition of two graphite mines; 3rd largest non-Chinese graphite company

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Northern now also has two large-scale development projects, Bissett Creek in Ontario and an expansion of Okanjande in Namibia, which it intends to build to meet growing EV demand. million in lease payments for use of the land and buildings. Bissett Creek has been independently rated as the highest margin graphite project in the world.

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World Bank Group: mineral production to soar as demand for clean energy increases

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It estimates that more than 3 billion tons of minerals and metals will be needed to deploy wind, solar and geothermal power, as well as energy storage, to achieve greenhouse gas emission reductions sufficient to achieve a below 2°C future. Source: “Minerals for Climate Action: The Mineral Intensity of the Clean Energy Transition”.

Clean 243
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Opinion: Uranium Prices Set To Double By 2018

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With prices set to double by 2018, we’ve seen the bottom of the uranium market, and the negative sentiment that has followed this resource around despite strong fundamentals, is starting to change. First and foremost, the world is building more nuclear reactors right now than ever before, despite Fukushima. and Denison Mines Corp.

2018 150
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This Nigerian Startup’s Minigrid Began as a School Project

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After he graduated from the Federal University of Technology in Owerri, Nigeria, his plan was to get a high-paying job at one of the multinational oil and gas companies based in the country. In 2008 only about half of Nigeria’s 152 million citizens had electricity, according to a Macrotrends report.

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SEAT to introduce 500 km MEB-based EV, Leon PHEV in 2020

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SEAT, a member of the Volkswagen Group, will introduce its first fully electric vehicle in 2020. The first two vehicles will be the SEAT Tarraco and the CUPRA Ateca, which are going on sale at the end of 2018. The first two vehicles will be the SEAT Tarraco and the CUPRA Ateca, which are going on sale at the end of 2018.

2020 239