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LG Energy Solution hosting 3rd round of international competition to identify promising battery start-ups

Green Car Congress

LG Energy Solution will host the LGES Battery Challenge 2022, an international competition to identify start-ups for potential investment and collaboration. Through the program, LGES is bringing together battery start-ups to keep pace with the fast-developing industry, as growing number of economies transition to renewable energy.

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

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Renewable energy sources are central to the energy transition toward a more sustainable future. However, because sunshine and wind are inherently variable and inconsistent, finding ways to store energy in an accessible and efficient way is crucial. An open-access paper on the work is published in the journal Energies.

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

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Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. In 2022, more than 111.9 mtpa low-carbon hydrogen capacity was announced in the US, Denmark, Egypt, Canada, Portugal, and other countries.

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EVs set for 11% of 2024 US vehicle share, 1 of 5 cars sold globally

Green Car Reports

EV sales are likely to continue growing in 2024, reaching around one in five new car sales globally, and 11% of the U.S. market, according to the International Energy Agency (IEA).

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EIA projects increases in global energy consumption and emissions through 2050

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The US Energy Information Administration (EIA) projects that, absent significant changes in policy or technology, world energy consumption will grow by nearly 50% between 2020 and 2050. Liquid fuels remain the largest source of energy consumption, driven largely by the industrial and transportation sectors.

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International Lithium Association (ILiA) established to be the voice of the global lithium industry

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Of the many applications for lithium batteries, electric vehicles (EVs) and energy storage solutions (ESS) stand out as by far the largest and fastest growing sectors, driven by the world-wide shift from traditional fossil-fueled vehicles towards cleaner forms of transport and energy use. Ltd; AMG Brazil S.A.; Ltd; AMG Brazil S.A.;

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Managing the global energy transition

Innovation News Network

International Battery Metals outline how the global lithium supply is set to play an important role in the global energy transition. The post Managing the global energy transition appeared first on Innovation News Network.

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