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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

Green Car Congress

These include energy shifting (moving in time the dispatch of electricity to the grid, often from times of excess solar and wind generation), peaking in the bulk power system (to deal with demand spikes), as well as for customers looking to save on their energy bills by buying electricity at cheap hours and using it later.

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China is exporting so many EVs that it needs more ships – a lot more

Baua Electric

South Korea comes in third with 72 and the Isle of Man, which has 61 registered ships, in fourth. Tesla and Volkswagen have also expanded their exports from China, which of course leverages the country’s cheaper supply chain to their advantage. Hence, cheap EVs coming your way (well, not in the US, at least not yet anyway).

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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Solar is cheapest and falling The significant drop in solar power costs, by 23% in 2023, signals the end of supply chain disruptions and inflationary pressures. However, there will be less of an impact on markets with limited uptake of Chinese turbines such as Japan and South Korea, which focus more on domestic supply chains.

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Saudis Expand Price War Downstream

Green Car Congress

With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? The crude is so cheap it’s pretty much free for them, the margins are going to be massive. Saudis have moved into the product business in a big way,” said Fereidun Fesharaki of FGE Energy.

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Hyundai Ioniq 6 AWD Techniq review

EV Central

We sampled Hyundai’s new Ioniq 6 ‘Electrified Streamliner’ (not a sedan, Hyundai insists) in South Korea ahead of its early 2023 Australian arrival. Also shared is demand likely outstripping Aussie supply. They’re a big improvement on the Ioniq 5’s slightly cheap looking and feeling doors.

Hyundai 91
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Naysayer Alert – the hydrogen red herring

My Electric Car

Hence its supply would not be cheap, renewable nor sustainable in the long term. The mandating of any system such as this would only be about looking after the interests of ‘middlemen’: oil and gas invested companies who would invariably transition into this market as both supply and/or demand for oil recede. .

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New metal-free ORR catalyst outperforms platinum in fuel cell

Green Car Congress

Researchers from South Korea, Case Western Reserve University and University of North Texas have synthesized new inexpensive and easily produced metal-free catalysts—edge-selectively halogenated graphene nanoplatelets (XGnPs)—that can perform better than platinum in oxygen-reduction reactions. —Jeon et al.

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