Remove Chinese Remove Market Remove Range Remove Russia
article thumbnail

IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

Green Car Congress

But a range of both advanced and emerging economies have recently announced energy strategies that include substantial roles for nuclear power as well as considerable financial incentives to invest in it. Nuclear is today the second largest source of low emissions power after hydropower, with nuclear plants in 32 countries.

Russia 458
article thumbnail

Nornickel places CNY 5 billion exchange-traded bonds

Green Car Congress

Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel producer, as well as one of the leading platinum and copper producers, announced the successful placement of CNY (Chinese Yuan) 5 billion (~US$716 million ) exchange-traded bonds (series БО-001Р-06-CNY) on 22 December.

Russia 170
article thumbnail

IHS Markit says outlook for crude oil prices strengthens through 2021

Green Car Congress

Oil markets have returned to relatively stable ground with Brent prices within a narrow $40-$45 per barrel range and could conclusively pass the $50 per barrel mark in the second half of 2021, according to Roger Diwan and the IHS Markit Energy Advisory Service. bbl in 2020 and $49.25/bbl bbl in 2021—up $7.09/bbl bbl and $5.25/bbl,

article thumbnail

IHS Markit: US poised to be world’s largest LNG exporter in 2022 as China becomes top LNG importer

Green Car Congress

The world’s two largest economies—the United States and China—are poised to be the world’s top export and import markets for liquefied natural gas (LNG), respectively, in 2022, according to a new report by IHS Markit. This marks the first time since the early 1970s that Japan has not been the world’s largest LNG importer.

Qatar 186
article thumbnail

smart fortwo electric drive to be launched in China by year’s end

Green Car Congress

Daimler’s smart brand will bring the smart fortwo electric drive to market in China by year’s end, becoming the first European importer to sell a fully electric vehicle on the Chinese market. The Chinese government has now given the green light for approval of the zero-local-emission runabout.

China 218
article thumbnail

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

Green Car Congress

Geely’s current major overseas markets include Ukraine, Russia, Iraq and Saudi Arabia. Geely has set up multiple complete knock down (CKD) facilities in key markets to speed up product delivery and also lower costs for consumers. In addition, plans for new production facilities in Ethiopia and Brazil are well under way.

2012 225
article thumbnail

smart electric drive goes on sale in China

Green Car Congress

The smart brand celebrated this market launch at the Guangzhou Motor Show, where the all-electric city runabout was presented to the Chinese public. In Germany the electric smart quickly became the number one battery-powered electric vehicle, securing a market share of around 40%. Top speed is 125 km/h (78 mph).

China 239