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Mercedes-Benz to source CO2-free electricity in Germany from solar, wind and hydropower from 2022 onwards

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The CO 2 -free electricity from solar, wind and hydro sources is generated in various power plants, most of which are located in Germany. These include a part of a solar park with the size of 60 football pitches near Ingolstadt and 24 wind farms with a total of more than 200 wind turbines.

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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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The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. NEO 2018 sees $11.5 NEO 2018 sees $11.5

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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. Solar and wind generation grew at double-digit pace, with solar alone increasing by 31%. As a result, global energy-related CO 2 emissions rose by 1.7%

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

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The second volume, the World Gas and Renewables Review , focused on natural gas and renewables sources (solar, wind and biofuels), will be published in autumn. 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 recorded in 2013-2017.

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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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Adamas: 93% of all xEVs sold in 2018 used permanent magnet traction motors

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In 2018, 93% of all passenger BEVs, PHEVs and HEVs sold globally used permanent magnet (PM) traction motors, an increase of 1% over 2017 penetration rates, according to a model-by-model build-up using Adamas Intelligence’s “ EV Motor Power and Motor Metals Tracker ”.

2018 255