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US motorcoach industry closures surge in 2020

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The American Bus Association (ABA) has released motorcoach industry closure data gathered from the Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA). I do not know of any other transportation industry impacted as severely by this pandemic as the motorcoach industry.

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Hydrogen Council report finds cost of hydrogen solutions to fall sooner than previously expected

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The Hydrogen Council has published a new report, Path to Hydrogen Competitiveness: A Cost Perspective , demonstrating that the cost of hydrogen solutions will fall sharply within the next decade, sooner than previously expected. Drop in the cost of components for end-use equipment under scaling up of manufacturing.

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Roskill sees recovery in lithium industry, buoyed by demand from rechargeable battery applications

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Despite the trend toward transportation electrification, the lithium industry has had a rough few years. In 2019, monthly average lithium carbonate prices fell 36% between January and December. In 2019, rechargeable batteries accounted for 54% of total lithium demand, almost entirely from Li-ion battery technologies.

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EPA proposes new rulemaking for sharp cuts in methane emissions from oil and gas industry

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The US Environmental Protection Agency (EPA) is proposing comprehensive new regulations to reduce methane emissions from the oil and natural gas industry—including, for the first time, reductions from existing sources nationwide. Source: EPA. billion a year. billion a year.

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Volta Power Systems, Stellar Industries partner on anti-idling Li-ion system for utility service and work trucks

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Volta Power Systems has partnered with Stellar Industries to provide lithium-ion power systems that reduce idling from fleet utility and work trucks. Available as an accessory to replace a traditional hydraulic system on a work truck, Stellar Industries is offering the Hybrid Power System (HPS) through its American Eagle brand.

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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. —Snam CEO Marco AlverĂ .

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S Korea to invest $2.3B in hydrogen fuel cell vehicle industrial ecosystem over next 5 years

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billion) over the next five years in a public-private partnership to speed up the development of the country’s hydrogen fuel cell vehicle ecosystem, according to the Ministry of Trade, Industry and Energy (MOTIE). The South Korean government and businesses will invest some 2.6 trillion won (US $2.33

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