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IDTechEx: EV market doubles down on permanent magnets despite material costs

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The price of neodymium has remained fairly constant from 2013-2020, but 2022 saw a very sharp rise to its peak in February at 3.8 times higher than it was between 2013-2020. the average value between 2013-2020. Induction motors use a copper cage or windings on the rotor and use an asynchronous operating principle.

Market 259
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US Departments of Energy and Interior unveil national offshore wind strategy and major offshore wind initiatives

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Unveiling a coordinated strategic plan to accelerate the development of offshore wind energy, Secretary of the Interior Ken Salazar and Secretary of Energy Steven Chu announced steps forward in support of offshore wind energy in the United States, including new funding opportunities for up to $50.5 Next-Generation Drivetrain (up to $7.5

Wind 210
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IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

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China was the only major economy to experience economic growth in both 2020 and 2021. The numbers make clear that the global economic recovery from the COVID-19 crisis has not been the sustainable recovery that IEA Executive Director Fatih Birol called for during the early stages of the pandemic in 2020.

Emissions 370
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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. in 2020, it could rebound quickly to previous levels as soon as 2021, depending on the persistence and longevity of the pandemic. —Snam CEO Marco Alverà.

Gas 243
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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

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That price increase paired with an increase in gasoline and diesel demand will likely increase the cost of regular gasoline and diesel fuel this summer. Increasing US refinery production along with rising crude oil supply from OPEC, its partner countries, and US tight oil producers should help bring those prices down. gal on 22 March.

2019 186
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Baker Institute team explores hydrogen production via methane pyrolysis with co-generation and sale of carbon products

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Rachel Meidl, the fellow in energy and environment at the institute’s Center for Energy Studies, and Emily Yedinak, a doctoral candidate in materials science and nanoengineering at Rice, published a new brief, “ Measuring the True Cost of Sustainability: A Case Study in a Green Energy Approach. ”. MT), and carbon fiber (~0.1

Hydrogen 170
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Utility solar dethrones coal as the cheapest power source in Asia

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Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. China leads the pack with a 40-70% cost reduction in utility-scale solar, onshore wind, and offshore wind compared to other Asia Pacific markets.

Asia 52