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EIA expects global consumption of liquid fuels to surpass 2019 levels in 2022

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As outlined in its current Short-Term Energy Outlook , the US Energy Information Administration (EIA) estimates that global consumption of petroleum and liquid fuels averaged 92.3 million b/d from 2019. EIA expects that global liquid fuels consumption will grow by 5.3 million b/d—surpassing 2019 levels.

2019 243
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Why New Production Sources of Tungsten Are Critical for Increased Global Supply

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and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% As manufacturers set to ramp product back up to produce everything from automobiles, airplanes and construction tools, they will begin to return to normal production cycles.

Supplies 380
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IHS Markit projects for first time that 2050 global refined product demand will be lower than 2019 levels

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For the first time, the IHS Markit base case scenario for refined products expects total global demand in 2050 to be lower than 2019 levels. Under the new IHS Markit Inflections base case scenario, global refined product demand is expected to peak in 2036. MMbd), placing it below 2019 baseline levels.

2019 170
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Adamas: LFP market share drops to 6% in global passenger EV batteries in 2019; potential comeback in 2020 with cell-to-pack

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In 2019, the market share of lithium-iron-phosphate (LFP) cathode chemistry fell to 6% in global passenger EV batteries by watt-hours deployed (i.e. Overall, the combined global market share of ternary cathodes (including NCM and nickel-cobalt-aluminum (NCA) varieties) in passenger EV batteries reached 90% in 2019, up from 83% in 2018.

2019 344
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Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

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Particular opportunity for the Global South identified as net-zero fuel production costs expected to be up to 20% lower in Latin America and Africa. This is the equivalent of the entire world’s current renewable energy production. billion in 2019. London, UK. Vancouver, Canada. 17th May 2022. MWh to €156.40/MWh

Renewable 210
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Study: air pollution caused 1.1M deaths across Africa in 2019, toll from outdoor pollution rising

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Deaths attributable to household air pollution and ambient particulate matter (PM 2.5 ) air pollution in Ethiopia, Ghana, Rwanda, and overall in Africa, 1990–2019. —Philip Landrigan, director of Boston College’s Global Observatory on Pollution and Health. billion in Ethiopia, or 1.16% of the nation’s gross domestic product; $1.6

Africa 397
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SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

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South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Incorporated in 2018, Global Lithium was listed on the Australian Stock Exchange last year.

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