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Tesla publishes Master Plan Part 3; $10.4T for a sustainable global energy economy

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During Tesla’s Investor Day held in March, Elon Musk touched on Tesla’s Master Plan Part 3, which outlines a proposed path to reach a sustainable global energy economy through end-use electrification and sustainable electricity generation and storage. Earlier post.)

Economy 464
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Johnson Matthey and Plug Power partner to accelerate green hydrogen economy

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Plug Power and Johnson Matthey (JM) announced a long-term strategic partnership to accelerate the green hydrogen economy. Plug Power is the leading user of liquid hydrogen with the world’s largest fueling station footprint, as well as more than 60,000 fuel cell systems, operating more than one billion hours across the globe.

Hydrogen 199
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New Road Map to a US Hydrogen Economy

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A coalition of major oil & gas, power, automotive, fuel cell, and hydrogen companies have developed and released the full new report, a “ Road Map to a US Hydrogen Economy. ” Road Map to a US Hydrogen Economy ”. The US is home to industrial sector leaders capable of scaling a hydrogen economy. million jobs by 2050.

Economy 521
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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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—Andres Angulo, Energy Analyst at GlobalData Despite the high number of partnerships formed between companies as compared to government agencies, investing and raising capital were of the utmost importance to developing the hydrogen economy in 2022. Last year, mergers and acquisitions (M&A) deals reached $24.4 million to over $3,001.1

Hydrogen 473
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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. However, a new era for nuclear power is by no means guaranteed.

Russia 458
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SK Group to invest $1.5B in Plug Power; strategic partnership and JV to accelerate H2 economy in Asia

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Plug Power Inc., Through this partnership, Plug Power and SK Group intend to provide hydrogen fuel cell systems, hydrogen fueling stations, and electrolyzers to the Korean and broader Asian markets. A cumulative economic value of its hydrogen economy to reach ~$40 billion by 2040. pro forma ownership stake in Plug Power.

Plug-in 186
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EPA fuel economy report finds weight and power leveling off, footprint stable

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EPA recently released the latest edition of its annual report Light-Duty Automotive Technology, Carbon Dioxide Emissions and Fuel Economy Trends. The report is the authoritative reference for real-world fuel economy, technology trends and tailpipe carbon dioxide emissions, for new personal vehicles sold in the US every year since 1975.