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IEA: global energy investment stabilized above $1.8T in 2018; security and sustainability concerns growing

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Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. Global energy investment totalled more than US$1.8

2018 191
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IEA: global energy demand rose by 2.3% in 2018, fastest pace in the last decade; CO2 emissions up 1.7%

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last year, its fastest pace this decade, an exceptional performance driven by a robust global economy and stronger heating and cooling needs in some regions, according to the IEA. As a result, global energy-related CO 2 emissions rose by 1.7% to 33 Gigatonnes (Gt) in 2018. Energy demand worldwide grew by 2.3%

2018 207
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Eni report: global oil reserves and oil production up in 2018 due to US

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In 2018, global oil reserves rose slightly (+0.4%), mainly due to growth in the US. 2018 recorded an overall growth in oil production of 2.5 WTI, the US light crude, covers 60% of global growth. Global oil demand grew by 1.4%, slightly lower than in 2017 (+1.6%) in a context of increasing oil prices.

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Adamas Intelligence: all metals/materials but manganese for passenger vehicle battery cells see accelerated gains in 2018

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In 2018, global deployment of nickel, graphite, copper, LCE, aluminum and cobalt by passenger vehicle cell suppliers increased by 75% to 99% versus the year prior, according to data from Adamas Intelligence’s “ EV Battery Capacity and Battery Metals Tracker ”. kWh in December 2018. kWh in January 2010 to 24.8

2018 294
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BloombergNEF expects 40% growth in global EV sales in 2019; 2.6M vehicles, 1.5M in China

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million electric vehicles to be sold globally in 2019. This will represent around a 40% growth rate, down from the 70% growth rate in 2018. million units—around 57% of the global market. Broader macroeconomic factors (higher interest rates and slowing consumer spending) will also impact global sales.

2019 392
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ABI Research: 16B ride-hailing trips completed globally in 2017, 24B expected in 2018; 70% in Asia

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ABI forecasts that 24 billion completed trips by the end of 2018. Uber’s withdrawal from the region, however, has helped create extra opportunities for local players, as they look to establish themselves and expand within the region and globally. The Indonesia market was once a three-way race between Uber, GO-JEK, and Grab.

Asia 199
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Los Angeles launches New Mobility Challenge 2018

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The LA New Mobility Challenge 2018 is a joint initiative of LA CoMotion, the NewCities Foundation and the Los Angeles Cleantech Incubator (LACI), all of whom are dedicated to finding cutting-edge and sustainable mobility technologies for Southern California. The deadline to submit applications is 17 September 2018.