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WNA: global nuclear generation nears record high in 2019

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Nuclear generation reached a near-record high in 2019, with output reaching 2657 TWh, enough to meet more than 10% of the world’s electricity demand, according to the recently published World Nuclear Association Performance Report 2020. Growth was particularly strong in Asia, where nuclear generation rose by 17% in 2019.

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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. China’s market is in transition, and the recent annual doubling of sales every year looks unlikely to hold in 2019. The ‘New Energy Vehicle’ quota takes effect this year but the requirements for 2019 are relatively modest. BloombergNEF (BNEF) expects 2.6

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Mexico and Canada are the biggest recipients of US petroleum exports

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million barrels per day (mmbd) in 2019. mmbd of petroleum to Mexico in 2019, which was 14% of total US petroleum exports, according to the US Energy Information Administration (EIA). Japan and South Korea were the next highest destinations, each receiving 7% of US petroleum exports. The United States exported 1.2

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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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Sales of Hyundai hydrogen fuel cell Nexo pass 1K unit mark in 2019

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Last year, Hyundai sold 727 Nexo units is South Korea and 222 overseas. The Nexo was awarded the highest rating in the Euro NCAP test, a European car safety assessment program, and the Nexo’s hydrogen fuel cell powertrain was included in the list of the 2019 Top 10 Engines by Ward’s Auto.

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SOFC-maker Bloom Energy announces initial strategy for hydrogen market entry; partnership with SK

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These products will be first introduced to the South Korean market in 2021 through an expanded partnership with SK Engineering and Construction (SK E&C), an affiliate of SK Group. Bloom’s technologies can be critical in enabling South Korea to execute on its government-mandated Hydrogen Economy Roadmap.

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IDTechEx: NiMH batteries still dominant in full hybrids, largely due to Toyota

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Toyota is the ruling OEM in the global HEV car market, with more than 60% market share in 2019. The report gives an in-depth look at the historic HEV market in China, Europe, Japan, South Korea, and the US, with an outlook over the next 20 years.

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