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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 by 2023 to 104.7

Brazil 218
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€106M JIVE 2 project launches in Europe; 152 fuel cell buses across 14 European cities

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million) grant from the Fuel Cells and Hydrogen Joint Undertaking (FCH JU), the JIVE 2 project will deploy 152 fuel cell electric buses across 14 European cities throughout France, Germany, Iceland, Norway, Sweden, the Netherlands and the UK. Total project cost is put at €105,933,165 (US$132,251,144).

Europe 244
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IDTechEx calculates ~31 GWh of electric vehicle markets beyond cars in 2021

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The greatest challenge is the same as that which is plaguing the adoption of fuel cells in the automotive market—the buildout of low-cost green hydrogen infrastructure. Broader commitments to climate change are spurring some countries, like Norway and Holland, or companies, like Volvo, to set their own targets.

Market 150