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Alstom and MOL to explore use of hydrogen technologies for rail transport in Hungary

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Alstom is a pioneer of hydrogen technology, having introduced the Coradia iLint to the German market in September 2018 ( earlier post ). Alstom’s hydrogen technology has also been purchased by SNCF (France) and FNM (Italy). —Jean-Baptiste Eyméoud, President of Alstom France.

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European Commission approves up to €5.4B of public support for IPCEI Hy2Tech; 41 hydrogen projects

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The project, called “IPCEI Hy2Tech” was jointly prepared and notified by fifteen Member States: Austria, Belgium, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Italy, Netherlands, Poland, Portugal, Slovakia and Spain. The Member States will provide up to €5.4 billion in public funding, which is expected to unlock additional €8.8

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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

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Current trends suggest that barriers to EV adoption such as price, range, selection and charging-time will continue to diminish, as costs come down and technology improves. Total Cost of Ownership: An analysis of 17 popular 2017 models found ZEVs can already be price competitive now, without government incentives. This works out to 0.05

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The Next Oil Price Spike May Cripple The Industry

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Furthermore, we agree with the people in the lower for longer / forever camp that electric vehicles (EVs) will eventually offer better overall value to consumers than internal combustion engine vehicles (ICEVs) can, and that this will have a big impact on oil demand. (In Why it is not a given that this will be achieved we explained here.).

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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Navigant’s analysis indicates that only buyers in California and Oregon will purchase sufficient numbers of vehicles in order to meet the ZEV requirement in 2018 and 2019. Throughout 2014, Tesla Motors fortunes will have tongues wagging (and international car buyers salivating) as the brand becomes a global phenomenon.

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

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trillion through 2018, but pressure from the Economic and Energy Ministries and Russian producers forced the Finance Ministry to consider alternatives with less negative impact on crude production. First, it has declined substantially relative to “hard” currencies, such as the US$, the Euro, British Pound, and the Swiss Franc.

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Zunum Aero selects Safran turbine for hybrid electric commercial aircraft

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The turbo-generator will power this 12-seat, hybrid-to-electric 700-mile commercial aircraft, driving extraordinarily low operating costs, offering unprecedented door-to-door travel times that are 2 to 4 times faster than today. Zunum expects to light up thirty thousand airports around the world with frequent and affordable air service.