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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

Green Car Congress

And the nuclear industry must quickly address the issues of cost overruns and project delays that have bedevilled the construction of new plants in advanced economies. While plant lifetime extensions require substantial investment, they generally yield a cost of electricity that is competitive with wind and solar in most regions.

Russia 458
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Roland Berger: Russian embargo against the Western automotive industry would hit Russia harder

Green Car Congress

A decision by Russia to retaliate against sanctions imposed by the European Union and the US over Ukraine by imposing strong Russian sanctions—i.e., As Russia struggles with an ailing economy, rising inflation and a volatile currency, there’s no sign of a recovery any time soon, the consultancy said. —Uwe Kumm.

Russia 247
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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. The steel industry cannot afford to wait for the 2040s to start its transition.

Hydrogen 221
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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

Green Car Congress

This trend was already underway before the pandemic, due to cost-competitive gas in key sectors including power, industry and transport, and major regions including Europe, North America and Asia. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas.

Gas 243
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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

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.

Russia 150
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Russia woos Tesla as several regions compete for the right to build a Gigafactory

Teslarati

Tesla may still be facing possible delays in Germany due to the wait for Gigafactory Berlin’s final approval, but the EV maker is already receiving a far more welcome landscape in Russia. The Tesla CEO recently spoke at Russia’s New Knowledge Forum, where he discussed the company’s plans to enter the country.

Russia 110
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Tesla’s years of battery tech investments are becoming a buffer against nickel’s rising costs

Teslarati

This timeframe seems to have been accelerated by Russia’s invasion of Ukraine. . It should be noted that Russia controls 20% of the supply of the industry’s highest-grade nickel. Thus, when Russia was hit by sanctions due to its invasion of Ukraine, the markets reacted.