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

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As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA. —IEA Executive Director Fatih Birol.

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IIASA-led study proposes Underground Gravity Energy Storage as long-term energy storage solution for renewables

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While there are many effective solutions for daily energy storage, the most common being batteries, a cost-effective long-term solution is still lacking. The investment costs of UGES are about 1 to 10 US$/kWh and power capacity costs of 2.000 US$/kW. An open-access paper on the work is published in the journal Energies.

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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas.

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

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In practice, the call for a change is a call for Saudi Arabia and Russia, the two dominant global crude exporters, which each daily export over seven-plus mmbbls (including condensates and NGLs) and which each see the other as the key to any "balancing" moves, to bear the brunt of any production cuts.

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Navigant forecasts LD natural gas vehicles to account for 2.8% of global vehicle parc by 2024

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In North America, the high upfront cost, limited fueling infrastructure, reduced utility, and increased interest in electrification are likely to limit the demand for LD NGVs, the research firm posits. Overall, Navigant expects the worldwide market for LD NGVs to grow at a compound annual growth rate (CAGR) of 5.6% CAGR) than light trucks (5.6%

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RUSAL opens new low-carbon aluminum smelter in Taishet

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Russia-based RUSAL, a global aluminum producer, opened the first phase of its low-carbon aluminum production plant, Taishet Aluminum Smelter (TaAZ), in Taishet, Siberia. TaAZ is the third low-carbon aluminum smelter to be built by RUSAL, with an overall cost of more than $1.69 of global production of aluminum and 6.5%

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Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

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In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% These include the availability of refueling infrastructure, tightening tailpipe emissions requirements, and total cost of ownership. million vehicles in 2015 to 3.9 million in 2025.

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