IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

Green Car Congress

Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast.

2020 104

IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

Green Car Congress

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report.

2020 116

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

DOE issues RFI to strengthen battery critical materials supply chains

Green Car Congress

The US Department of Energy’s (DOE’s) Office of Energy Efficiency & Renewable Energy (EERE) announced a request for information (RFI) ( DOE-FOA-0002358 ) on challenges and opportunities in the upstream and midstream critical-materials battery supply chains. In this RFI, DOE specifically seeks input on the current state of the battery cathode materials supply chains, as well as opportunities for near-term and long-term research and development (R&D). ET on 31 July 2020.

2020 68

GM Defense awarded $214.3M contract to produce Army’s Infantry Squad Vehicle; based on 2020 Colorado with 2.8L diesel

Green Car Congress

GM Defense’s solution to the Army’s next-generation transportation needs is based off the 2020 Chevrolet Colorado ZR2 midsize truck architecture and leverages 90% commercial off-the-shelf parts.

2020 91

Ford sets target to become carbon-neutral globally by 2050

Green Car Congress

Ford Motor Company intends to achieve carbon neutrality globally by 2050, while setting interim targets to address climate change challenges more urgently. To achieve its goal, Ford will focus initially on three areas that account for approximately 95% of its CO 2 emissions: vehicle use, its supply base and the company’s facilities. We don’t have all the answers yet but are determined to work with all of our global and local partners and stakeholders to get there.

2020 85

Global Clean Energy buys Bakersfield refinery for $40M, converting to produce renewable diesel

Green Car Congress

Global Clean Energy Holdings, Inc., Following startup, currently anticipated to be in late 2021, the repurposed refinery is expected to supply a meaningful portion of the demand for clean-burning alternative diesel fuels in California.

2020 127

Crisis could tighten material supply for EV batteries and clean energy, IEA warns

Green Car Reports

The global coronavirus pandemic could present a major issue for electric cars and clean energy by restricting supplies of materials needed for batteries, solar panels, and wind turbines, the International Energy Agency (IEA) warned in a report Wednesday.

2020 102

Roskill: Spread of COVID-19 threatens cobalt supply; bottlenecks out of DRC

Green Car Congress

As COVID-19 continues to spread worldwide, the pandemic is having an unprecedented impact on the global economy and commodity markets, including cobalt. At this time, the loss of supply from these closures amounted to more than 1% of the total mine supply in 2019.

2020 105

CALSTART: zero-emission trucks, buses, off-road equipment on track for 78% rise in models in 2020, doubling by 2023

Green Car Congress

By the end of 2020, there will be 169 different zero-emission (ZE) medium- and heavy-duty vehicle models in commercial production compared to 95 models in 2019. The 2020 growth curve can be tracked to a number of factors—the biggest one being demand.

2020 96

Kumi launches CAHRA Map to support companies’ due diligence in minerals and metals supply chains

Green Car Congress

London-based sustainability consultancy Kumi, a market leader in responsible sourcing practices for global supply chains, has launched a due diligence tool called CAHRA Map to enable companies in the minerals and metals sector to identify “conflict-affected and high-risk areas” (CAHRAs).

2020 96

IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

Green Car Congress

IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 Individual regional forecasts are set to a downtrend, and supply chain impacts are being felt, as the consequences of the virus have shuttered manufacturing and supplier facilities around the world. These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0%

2020 70

Faurecia to supply hydrogen storage systems for 1,600 Hyundai fuel-cell trucks

Green Car Congress

Faurecia will supply the entire hydrogen storage system (including 10,000 hydrogen tanks) which will be produced in its new global center of expertise dedicated to hydrogen storage systems in Bavans, France with delivery to start in 2021.

2020 120

Daimler Trucks E-Mobility Group starts global initiative for electric-truck charging infrastructure

Green Car Congress

In addition, the participants are also concerned with aspects such as optimized load management of the electricity grid and sustainable electricity supply. Global electric truck portfolio at Daimler Trucks.

2020 134

GlobalData: Coronavirus threatens China’s battery sector dominance; 26 GWh hit in 2020

Green Car Congress

China’s attempt to fight the coronavirus outbreak has led to delayed production across a number of battery production facilities located in key coronavirus hit provinces and is expected to lower the output of Chinese battery manufacturers by around 26 GWh in 2020. The supply constraint will also have an impact on the global EV markets along with energy storage projects, causing project delays or a rise in battery prices.

2020 96

Mercedes-Benz blockchain pilot project provides transparency on CO2 emissions in cobalt supply chain

Green Car Congress

Together with start-up Circulor , Mercedes-Benz is conducting a pilot project for transparency on CO 2 emissions in the cobalt supply chain as part of STARTUP AUTOBAHN. The project partners first focus on cobalt, which enters the supply chain from recycling facilities.

2020 113

BNEF: EV sales to fall 18% in 2020, overall car market by 23% in response to health and economic crisis

Green Car Congress

BloombergNEF (BNEF) forecasts that sales of electric passenger vehicles will fall 18% in 2020 to 1.7 BNEF’s latest annual Long-Term Electric Vehicle Outlook shows electric models accounting for 58% of new passenger car sales globally by 2040, and 31% of the whole car fleet.

2020 88

Neste acquires Count Terminal Rotterdam to strengthen growth strategy in renewable raw materials supply

Green Car Congress

The transaction was signed and closed on 7 May 2020. This acquisition supports our efforts to build a global renewable waste and residue raw material platform that can keep pace with the world’s growing demand for renewable products.

2020 83

GlobalData: Coronavirus leads to nosedive in global vehicle sales with lowest January registrations since 2012

Green Car Congress

While the drop in January vehicle sales on a global scale is alarming, sinking 13.9% The longer-term effects are difficult to quantify but it is likely that sales growth will continue to be stunted throughout the rest of 2020, even if the spread of COVID-19 can be contained. Only 6.2

2020 101

NTPC seeking global expressions of interest for supply of fuel cell buses and cars in India: 20 to start

Green Car Congress

India’s National Thermal Power Corporation Limited (NTPC) is inviting global expressions of interest for the supply of fuel cell buses and cars in India. Specifically, NTPC subsidiary NVVN intends to launch pilot projects with 5 fuel cell buses and 5 fuel cell cars each in Leh and New Delhi in Phase 1. Subsequently, other cities/locations for rollout of FCEVs at other locations may also be included.

2020 64

Air Products and Topsoe sign global alliance agreement for collaboration on large-scale ammonia, methanol, and/or dimethyl ether projects

Green Car Congress

Air Products, a leader in industrial gases and megaproject development, and Haldor Topsoe, a leader in high-performance catalysts and proprietary technology for the chemical and refining industries, have signed a global Alliance Agreement.

2020 93

BAE Systems to supply up to 600 electric power and propulsion systems for new transit buses in Ireland

Green Car Congress

BAE Systems has been selected by Alexander Dennis Limited (ADL) and the Republic of Ireland’s National Transport Authority (NTA) to supply up to 600 electric power and propulsion systems for its new fleet of buses in Ireland.

2020 110

Volvo Cars? Chengdu car plant powered by 100% renewable electricity; 65% hydropower

Green Car Congress

The Volvo Cars manufacturing plant in Chengdu, the company’s largest in China, is now powered by 100% renewable electricity, taking the company’s global renewable electricity mix in its manufacturing network to 80%.

2020 128

IHS Markit: global oil production now expected to be cut by as much as 17 MMb/d in Q2 2020; the Great Shut-In

Green Car Congress

The second quarter of 2020 will see the largest volume of liquids production cuts, including shut-in production, in the history of the oil industry, according to IHS Markit. IHS Markit now expects much as 17 MMb/d total liquids output (which includes nearly 14 MMb/d of crude oil production) to be cut or shut-in during the period between April and June 2020. The Great Shut-In, a rapid and brutal adjustment of global oil supply to a lower level of demand is underway.

2020 64

CLEE, NRGI studying ways to improve sustainability and governance across EV battery supply chain

Green Car Congress

UC Berkeley School of Law’s Center for Law, Energy & the Environment (CLEE) and the Natural Resource Governance Institute (NRGI) are conducting a stakeholder-led research initiative focused on identifying strategies to improve sustainability and governance across the EV battery supply chain.

2020 83

Researchers demonstrate fossil fuel-free jet propulsion with air plasmas

Green Car Congress

The motivation of our work is to help solve the global warming problems owing to humans’ use of fossil fuel combustion engines to power machinery, such as cars and airplanes.

2020 150

HydroWing, Tocardo partner on production of hydrogen from tidal power

Green Car Congress

HydroWing, in partnership with Tocardo, introduced the THyPSO (Tidal Hydrogen production, Storage and Offtake), a concept that creates green hydrogen from the sea, contributing to the wider global decarbonization of energy systems.

2020 143

Nissan and Sunwoda jointly to study battery development for e-POWER vehicles

Green Car Congress

The two companies will also discuss the development of an efficient production system to ensure stable supply capacity for jointly developed batteries. Nissan will expand the award-winning 100% electric motor-driven e-POWER technology globally into the B- and C-segments.

2020 103

SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

Green Car Congress

The City of Lancaster will supply guaranteed feedstock of recyclables, and will save between $50 to $75 per ton in landfilling and landfill space costs. Waste is a global problem, clogging waterways, contaminating oceans, packing landfills and polluting skies.

2020 142

Volvo Cars inaugurates new battery assembly line at Ghent manufacturing plant

Green Car Congress

Over the next five years, Volvo Cars will launch a fully electric car every year, as it seeks to make all-electric cars 50% of global sales by 2025, with the rest hybrids. —Geert Bruyneel, head of global production operations.

2020 167

Wärtsilä gas engines to burn 100% hydrogen

Green Car Congress

This development is part of the company’s strategy to future-proof its engine technology in line with the global trend towards decarbonization of the energy and marine markets.

2020 149

BNEF projects impact of COVID-19 on renewables, energy storage, EVs, etc.

Green Car Congress

The global auto market is very sensitive to macroeconomic conditions and will be hit hard by the coronavirus and any economic contraction that accompanies it, BNEF says. Other elements of the note: BNEF cut the global solar demand forecast for 2020 from 121-152GW to 108-143GW.

2020 135

Intermountain Power Agency orders MHPS JAC Gas Turbine technology for renewable-hydrogen energy hub, operated by LA DWP

Green Car Congress

This award marks the first Advanced Class Gas Turbines in the industry specifically designed and purchased as part of a comprehensive plan to sequentially transition from coal, to natural gas and finally to renewable hydrogen fuel, and creates a roadmap for the global industry to follow.

2020 169

UPS enters into RNG supply agreements with Kinetrex and TruStar; up to 80M gallon equivalents

Green Car Congress

Together, these two contracts will supply UPS with up to 80 million gallon equivalents (GEs) of RNG over the terms of the agreements. —Mike Whitlatch, vice president of global energy and procurement, UPS. The Kinetrex Energy contract will supply UPS with up to 52.5 When completed in March 2020, it will convert landfill methane to pipeline-quality natural gas. The TruStar Energy contract will supply UPS with up to 27.5

2020 87

Strategy Analytics: COVID-19 recession worst in terms of change in real GDP since Great Depression; real GDP to fall 10% to 15% in 2020

Green Car Congress

Current analysis by Strategy Analytics (SA) indicates that the severity of the COVID-19-induced 2020 Recession as measured by change in Real GDP will be unprecedented looking back to the Great Depression. For 2020, the Deep U scenario drops real GDP in the US by -11.1%

2020 83

Groupe PSA & Punch Powertrain to form second JV to expand electrification partnership; DT2 for MHEV and PHEV

Green Car Congress

Punch Powertrain holds majority control in the new Joint 61/39 Venture, which will design, manufacture, and supply Punch Powertrain’s DT2 dual clutch transmission for the industry’s next generation of mild hybrid electric (MHEV) and plug-in hybrid electric (PHEV) vehicles.

2020 106

Li-Cycle delivers first commercial shipment of recycled battery material

Green Car Congress

Li-Cycle is one of the few companies globally capable of recovering critical battery materials from lithium-ion batteries in a sustainable and safe manner. Li-Cycle Corp. ,

2020 142

IHS Markit: oil price collapse will change trajectory of North American gas supply

Green Car Congress

The trajectory of North American gas supply is set to change radically as a result of the fall in oil prices that has occurred due to COVID-19 and the breakdown in production cooperation between OPEC and Russia, according to IHS Markit. Prior to the global pandemic, languishing North America gas demand and near-full storage was already pushing gas supply and prices to near-record lows in 2020.

2020 74

Mercedes-Benz details how it will ramp up battery production for EVs

Green Car Reports

Mercedes-Benz has ambitious plans to produce 50,000 electric cars this year, and now the German automaker has offered more detail on how it plans to supply those cars with batteries.

2020 100

Hyundai Motor to establish hydrogen refueling station for fuel cell electric buses at Incheon Airport with partners, provide buses

Green Car Congress

Air Liquide Korea will provide two high-capacity hydrogen chargers and supply hydrogen gas. Hyundai Motor established a dedicated research team for hydrogen fuel cells in 1998 and in 2013 became the first global automaker to produce fuel cell electric vehicles commercially.

2020 124

Monash team proposes roadmap to renewable ammonia economy; 3 generations of technology

Green Car Congress

While there is global potential to generate renewable energy at costs already competitive with fossil fuels, a means of storing and transporting this energy at a very large scale is a roadblock to large-scale investment, development and deployment.

2020 117

GM boosting face mask production; sharing mask manufacturing plans

Green Car Congress

And we recognize it would be counterproductive for GM—or any other manufacturer—to compete for supplies with existing medical mask companies. —Shilpan Amin, GM vice president of Global Purchasing and Supply Chain.

2020 130

Cree introduces SiC 650V MOSFETs targeting EVs, data centers and solar

Green Car Congress

Other industrial applications, such as general-purpose switched mode power supplies (SMPS), will also be able to take advantage of the many benefits of the new 650V silicon carbide MOSFETs from the largest, global and vertically integrated supplier of silicon carbide technologies.

2020 133

EIB and Umicore conclude €125M loan for EV battery materials production in Poland

Green Car Congress

The European Investment Bank (EIB) has signed a €125-million loan with Umicore, the Belgian-based global materials technology and recycling group, to finance part of the greenfield production facility for cathode materials in Poland.

2020 88