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

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A new study , commissioned by the International Chamber of Shipping and prepared by Professor Dr. Stefan Ulreich from Germany’s University of Applied Sciences, finds that the global shipping industry will require the equivalent of the world’s entire current renewable energy demand in order to replace fossil fuel use. London, UK. MWh in 2050).

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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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The development of an international hydrogen market could also accelerate adoption. Note: Based on a levelized cost of electricity from a standalone PV generator of $16/MWh in Algeria and Spain, $26/MWh from onshore wind and $41/MWh from offshore wind in Germany, natural gas price of $1.5/MMbtu —Jon Moore, CEO of BNEF.

Gas 243
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Geely exports more than 100,000 vehicles in 2012; 164% year-on-year growth

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The Emgrand range of vehicles, which includes the EC7-RV hatchback, EC7 Compact Sedan and EC8 mid-size sedan, proved to be popular models in key markets with export sales breaching 40,000 units over the course of 2012 and accounting for 40% of total export sales.

2012 225
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SEAT to introduce 500 km MEB-based EV, Leon PHEV in 2020

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Built on the Volkswagen Group’s MEB platform, the new EV will feature a range of 500 km (311 miles). In addition, the brand will remain committed to vehicles powered with compressed natural gas (CNG) as well as internal combustion engines. SEAT, a member of the Volkswagen Group, will introduce its first fully electric vehicle in 2020.

2020 239
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Opinion: How Much Longer Can OPEC Hold Out?

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OPEC (Organization of the Petroleum Exporting Countries) has been the most talked about international organization among investors, analysts and international political lobbies in the last few months. As per its state run oil company PDVSA, the country loses about $700 million a year with every $1 drop in the international oil price.

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Europe Expands Virtual Borders To Thwart Migrants

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By delivering the migrants there, the masters of the Maltese vessels, and perhaps the European rescue authorities involved, may have violated the international law of the sea, which requires ship masters to return people they rescue to a safe port. billion) a year internally on managing migration, not counting national-level spending.

Europe 143
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Study reports non-US global shale gas recoverable resources of 5,760 Tcf; global shale gas boosts total recoverable natural gas resources by 40%

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A new EIA-sponsored study by Advanced Resources International, Inc. The basic recovery factors used in this report generally ranged from 20% to 30%, with some outliers of 15% and 35% being applied in exceptional cases. In terms of recoverable shale gas resources, China takes the top spot, with an estimated 1,275 Tcf.

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