article thumbnail

India enters Argentina’s lithium market with INR 200 cr investment, eyes on rich lithium reserves – ET Auto

Baua Electric

Argentina is part of the “Lithium Triangle” along with Chile and Bolivia with more than half of the world’s total lithium resources and having the distinction of having 2nd largest lithium resources. The signing took place in Catamarca, Argentina, in the presence of Catamarca’s Governor Lic. Raul Jalil, Vice Governor Eng.

India 52
article thumbnail

Opinion: Why Lithium Will See Another Price Spike This Fall

Green Car Congress

In some locations, grid-scale peaking applications have already been implemented, often in old coal power plants, re-using the building and grid connections. Orocobre Limited is commissioning their Olaroz project in Argentina, and is currently at 68% of its 17,500 TPA full capacity. It aims to be at capacity in September.

Price 150
article thumbnail

Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

Green Car Congress

The underlying assumption is that the world will immediately use whatever oil can be pumped from the ground, and that supply is independent of demand—that is, oil exploration investments bear no relation to the current oil price or expectations of future demand. as in an economic contraction where demand and price decline).

Oil 207
article thumbnail

MIT and IEA reports take different views of the future of natural gas in transportation

Green Car Congress

MIT and the IEA both have newly released reports exploring the potential for and impact of a major expansion in global usage of natural gas, given the current re-evaluation of global supplies. More than 70% of all NGVs and one-half of all fuelling stations can be found in just five countries: Pakistan, Iran, Argentina, Brazil and India.

MIT 299
article thumbnail

The Dirty Truth of Petrol & Diesel Vehicles

Plug In India

The electricity usage for the 1,42,054 onshore wells that supply oil to India is over 1,415 GWh a month! Even if electricity is produced from burning coal, the power plant is far away from population centers, transferred over power lines keeping any direct pollution away from the population. Enough to drive an EV for 6.8

Petrol 59
article thumbnail

EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

Green Car Congress

Other liquids refer to natural gas plant liquids (NGPL), biofuels (including biomass-to-liquids [BTL]), gas-to-liquids (GTL), coal-to-liquids (CTL), kerogen (i.e., OPEC oil producers are the largest source of additional liquid fuel supply between 2010 and 2040. oil shale), and refinery gain.

Asia 341
article thumbnail

PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

Green Car Congress

The risk to business is that it faces more unpredictable and extreme weather, and disruptions to market and supply chains. Sectors dependent on food, water, energy or ecosystem services need to scrutinise the resilience and viability of their supply chains. Other G20 (Australia, Korea, EU, South Africa, Saudi Arabia, Argentina).