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Mercedes-Benz AG and H2 Green Steel secure supply deal and an MoU to establish N American supply chain

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Mercedes-Benz has signed a supply agreement with Swedish start-up H2 Green Steel (H2GS) ( earlier post ) over approximately 50,000 tonnes almost CO₂-free steel per year for its European press shops and deepened its partnership through a Memorandum of Understanding (MoU) with the aim to establish a sustainable steel supply chain in North America.

Supplies 170
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BNEF: Net-zero transition potentially a $3.5T investment opportunity for Indonesia

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Based on BNEF’s New Energy Outlook, its annual long-term scenario analysis on the future of the energy economy, the report examines how Indonesia’s energy supply may evolve under BNEF’s Economic Transition Scenario (ETS) as well as a Net Zero Scenario (NZS) compliant with the goals of the Paris Agreement.

Indonesia 195
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IEA: governments must act to ensure sufficient supply of critical minerals to meet net-zero goals

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A typical electric car requires six times the mineral inputs of a conventional car, and an onshore wind plant requires nine times more mineral resources than a similarly sized gas-fired power plant. By acting now and acting together, they can significantly reduce the risks of price volatility and supply disruptions. Source: IEA.

Supplies 248
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NETL framework for assessing economic viability of recovering REEs from unconventional sources

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Unconventional REE sources such as domestic coal and coal waste could yield the materials needed for the strong magnets necessary to turn wind into electricity and operate electric vehicles. That allowed us to establish consistent process unit costs for common stages in the conventional supply chain.

Coal 150
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DOE awards $19M to 13 initiatives in fossil-fuel areas to produce rare earth elements and critical minerals

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Facing persistent shortages in domestic supply, the US has been forced to rely on imported materials, leaving clean energy technology production at greater risk of disruption. Selected projects fall under 12 areas of interest, corresponding to the selected US basins that have the potential to produce rare earth elements and critical minerals.

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Hybrid Kinetic H600 microturbine range-extended electric vehicle concept runs 0-100 km/h in 2.9 seconds

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At the Geneva Auto Show, the China-based Hybrid Kinetic group unveiled the H600 microturbine range-extended electric vehicle sedan concept, produced together with its vehicle design and engineering partner, Pininfarina. of the ICE vehicles, respectively, HKG said. The Cambiano vehicle was fitted with a 50 kWh pack.

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BMW Group secures CO2-reduced steel for global production network

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Following initial contracts with European suppliers, the BMW Group has now concluded further 2 -reduced-steel-for-global-production-network">agreements for the supply of CO 2 -reduced steel in the US and China. Steel is one of the main sources of CO 2 emissions in our supply chain.

BMW 444