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Utah-based Energy Fuels to enter commercial rare earth business in Q1-2021

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entered into a three-year supply agreement with The Chemours Company to acquire a minimum of 2,500 tons per year of natural monazite sands, one of the highest-grade rare earth element (REE) minerals in the world. Energy Fuels Inc. This REE product will be ready for REE separation, which is the next step in producing usable REE products.

Utah 417
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SK E&S, SK Plug Hyverse partner with Korea South-East Power for green hydrogen & green ammonia production

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SK E&S signed a memorandum of understanding (MOU) with SK Plug Hyverse and KOEN regarding cooperation for carbon neutrality and the production of green hydrogen and green ammonia which will be consumed for co-firing at KOEN’s natural gas and coal based thermal power plants, by using electrolyzers to be produced in Korea by SK Plug Hyverse.

Green 284
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Sasol and Origin Energy form JV for coal bed methane exploration in Botswana

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Sasol recently signed a joint venture agreement with Australia-based Origin Energy Limited for the purposes of exploring for coal bed methane (CBM) in Botswana. However, CBM accounts for approximately 10% of total natural gas produced in the United States and makes up most of Australia’s natural gas supply.

Botswana 199
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Consortium developing green hydrogen megaproject in Oman

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The consortium partners will leverage their broad existing commercial relationships and partnerships to secure long-term product sales agreements. In addition, power companies across East Asia with a legacy reliance on coal and gas are planning to transition to green ammonia in order to reduce their carbon emissions.

Oman 284
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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. The outlook is developed by examining energy supply and demand trends in 100 countries, 15 demand sectors covering all manner of personal and business needs and 20 different energy types. Outlook for Energy.

Energy 252
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ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

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Commercial transportation demand by region. Global demand for energy for commercial transportation is expected to rise by 70% from 2010 to 2040, driven by the projected increase in economic activity and the associated increase in movement of goods and freight. Global liquids supply by type. —“Outlook for Energy”.

Oil-Sands 309
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Perspective: Despite Solyndra’s death, the future of solar energy is sunny

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With subsidies long in place for nuclear, coal and gas in the US along with the cheap cost of production for coal and natural gas, solar is essentially competing with that $0.10/kWh The US has 1,750 MW of PV planned for 2011 and currently employs 100,000 people, more than coal mining or steel manufacturing. Resources. [

Solar 246