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Global geothermal industry passes 12,000 MW operational

Green Car Congress

The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). New project announcements have increased the resource under development to about 30,000 MW.

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New EIA report boosts estimates of global recoverable shale oil resources 10-fold to 345 billion barrels

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Within the US, industry typically refers to tight oil production rather than shale oil production, because it is a more encompassing and accurate term with respect to the geologic formations producing oil at any particular well. EIA commissioned Advanced Resources International, Inc. —EIA Administrator Adam Sieminski.

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Roskill: predominance of lithium production shifting to mineral vs brine, driven by volume requirements of EVs

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Roskill Information Services forecasts that the lithium industry will need to add nearly 100kt of new lithium carbonate equivalent (LCE) production per year by 2027 to keep up with demand driven by the global transition to electric vehicles.

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Roskill: predominance of lithium production shifting to mineral vs brine, driven by volume requirements of EVs

Green Car Congress

Roskill Information Services forecasts that the lithium industry will need to add nearly 100kt of new lithium carbonate equivalent (LCE) production per year by 2027 to keep up with demand driven by the global transition to electric vehicles.

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Cooperation of Daimler and Renault-Nissan Alliance accelerates, strengthens in 2015

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The partnership between the Renault-Nissan Alliance and Daimler AG accelerated and strengthened as it entered its sixth year in 2015, the companies’ leaders said today in a media update given during the Frankfurt International Motor Show. We look forward to its continued growth, with more joint projects in the future. —Dieter Zetsche.

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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

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Ricardo’s Rising-15 automotive markets include: Argentina; Egypt; Indonesia; Iran; Malaysia; Mexico; Morocco; Nigeria; Peru; the Philippines; South Africa; Thailand; Turkey; Ukraine; and Vietnam. Nissan introducing new Datsun in Indonesia.

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G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

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We ask the international financial institutions to offer support to countries in this process. The Group of Twenty (G20) Finance Ministers and Central Bank Governors was established in 1999 to bring together systemically important industrialized and developing economies to discuss key issues in the global economy.