This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
million and 4 million vehicle sales respectively), according to research company Bloomberg New Energy Finance (BNEF). The BNEF forecast is based on first identifying the addressable market for plug-in vehicles—i.e., The model also forecasts sensitivity to gas prices, which will have a considerable effect on uptake.
In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 Decarbonizing current and developing new end-uses, it can abate up to 85 GtCO 2 eq in cumulative emissions by 2050, more than twice global CO 2 emissions in 2021.
Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 BGPY in 2011) would represent just 7% of the estimated global transportation fuels market in 2021. The Americas are projected to account for 71% of global biofuels production. billion by 2021.
Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). BNEF has more than doubled its estimates for energy storage deployments from 2025 to 2030 across Europe from previous forecasts.
Pike forecasts that the global market for biofuels will increase from $82.7 Pike projects that the Americas will account for 71% of global biofuels production. Pike Research estimates that the global gasoline market will reach an estimated 375 billion gallons per year (BGPY) in 2021. billion in 2011 to $185.3
In 2021, global investment in the low-carbon energy transition totaled $755 billion, up 27% from $595 billion in 2020 and just $264 billion in 2011, according to Energy Transition Investment Trends 2022, a new report published by research firm BloombergNEF (BNEF). degrees of global warming.
Strategy Analytics’ Automotive Connected Mobility service released its H1 2021 Global Ride-Hailing Market Update and its associated Global Ride-Hailing Forecast , tracking more than 140 unique operators across 119 different countries. over the next 10 years, with a global market recovery expected toward the end of 2022.
Roskill forecasts that demand for rare earth permanent magnets in EV drivetrains will increase by more than 17.5% Although Roskill expects that demand fell in 2020 as a result of the disruptions of the pandemic, the company is forecasting a strong reovery in demand in 2021, increasing by 10% y-on-y.
GW, under a high-growth forecast scenario. Under a more conservative business-as-usual forecast scenario, the cleantech market intelligence firm estimates that geothermal power capacity would increase 34% to 14.3 Currently, the United States is the global geothermal leader with 3.1 GW to 25.1 GW by 2020. —Peter Asmus.
Global Bioenergies will soon be receiving €2.6 Global Bioenergies will soon be receiving €2.6 Financing a first of its kind plant, based on an innovative technology is always a challenge. —Marc Delcourt, CEO of Global Bioenergies. Global Bioenergies and Cristal Union created the joint venture IBN-One.
Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Demand for lithium ion batteries is forecast to grow to 3.7 terawatt-hours by 2030, up from around 1 TWh this year. billion.
Benchmark Mineral Intelligence’s Cobalt Forecast now suggests that cobalt production in the country could increase more than thirty-fold this decade. Although there was scepticism over these projects initially, financing from China has helped them be a success, Benchmark says.
IHS Automotive forecastsglobal automotive sales for 2015 to reach 88.6 For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. North America.
Electric vehicles will make up the majority of new car sales worldwide by 2040, and account for 33% of all the light-duty vehicles on the road, according to a new forecast published by Bloomberg New Energy Finance (BNEF). This represents an aggressive jump compared to BNEF’s previous forecast of 35% EV new car market share by 2040.
According to a new report from Navigant Research, there are now almost 64,000 public charging stations installed globally. Overall, Navigant Research expects global sales of electric vehicle supply equipment (EVSE) to grow from around 442,000 units in 2013 to 4.3 Forecasts Infrastructure Policy Smart charging'
A new study by Bloomberg New Energy Finance (BNEF) forecasts that sales of electric vehicles will hit 41 million by 2040, representing 35% of new light duty vehicle sales worldwide. BNEF will discuss its EV forecast in detail at its upcoming annual BNEF Summit in New York in April.
Niron will use this financing to advance the commercial partnerships and pilot production of its rare earth-free Clean Earth Magnet, further demonstrating its potential to replace rare earth permanent magnets. With demand expected to triple by 2035, shortages and price increases are also forecasted. Earlier post.). 2019.165962.
IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0% decline in global real GDP in 2020.
plug-in hybrid electric vehicles (PHEVs) in China by a greater than five-to-one margin during the forecast period, as the incentives and consumer demand in the country favor emissions-free driving. Price will be a major barrier to growth on the demand side, Pike notes, especially given China’s reliance on cash sales over financing.
recently closed initial private placement equity financing for total gross proceeds of approximately US$42 million. With global headquarters in Los Angeles, SEA Electric currently has operations in five countries and more than one million miles of independent OEM testing and in-service operation in all markets.
Although on paper, capacity in the pipeline appears sufficient to meet this demand growth, Roskill expects challenges and set-backs in developing, financing and commissioning lithium mining and refining operations. However, longer term scenarios continue to show strong growth for lithium demand over the coming decade.
Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA’s chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030. In January, both companies joined a global hydrogen council that included Toyota, Liquide SA, and Linde AG.
A new report from Frost & Sullivan, “Strategic Analysis of Inductive Charging for Global Electric Vehicles (EV) Market,” finds forecasts the total market for inductive (wireless) charging will experience a compound annual growth rate of 126.6% from 2012 to 2020, with approximately 351,900 units likely to be sold.
Sales of internal combustion engine vehicles already peaked in 2017 and BNEF expects the global fleet of ICE passenger vehicles to start to decline in 2024. Electric vehicles are a powerful tool in reducing global CO2 emissions from the transport sector. Last ICE in 2038.
The electrification of road transport will move into top gear in the second half of the 2020s, due to tumbling battery costs and larger-scale manufacturing, with sales of electric cars surging to 28%, and those of electric buses to 84%, of their respective global markets by 2030. Annual global light duty vehicle sales.
markets all remain in action as effective tools to leverage global climate action and as models to inform. the coordination of adaptation actions on a global scale; and a Technology Mechanism, which are to become fully operational in 2012. A Standing Committee is to keep an overview of climate finance in the context of the UNFCCC.
The findings of this joint research on ammonia cracking will help support industry-wide efforts to decarbonize transport and heavy industrial processes and lower carbon emissions to meet global climate goals. Amogy’s ammonia-to-power platform features the company’s proprietary cracking technology that converts ammonia back into hydrogen.
According to GlobalData, more than 160GW of fresh nuclear capacity will be added globally between 2020-2030 out of which about 66% of this capacity addition is anticipated to take place in China, India and Russia. As per GlobalData estimates, a sizeable capacity of 210GW of major nuclear power projects are there in the pipeline globally.
By 2020, the emergence of mega super cities in developing economies will affect personal mobility, driving the demand for EVs, according to new a new report analysis from Frost & Sullivan, 360 Degree Perspective of the Global Electric Vehicle Market - 2010 Edition.
Ranges of global technical potentials of renewable energy sources derived from studies analyzed in SRREN report. This could contribute towards a goal of holding the increase in global temperature below 2 °C—an aim recognized in the United Nations Climate Convention’s Cancun Agreements. Source: SRREN. Click to enlarge.
The financing will be used to establish a hub and spoke network for the company’s commercial scale operations. As global market demand for REEs is forecasted to increase threefold by 2030, establishing new sources of REEs is critical.
Sales of plug-in vehicles (PEVs) in 2013 will continue to outpace the first years of hybrid vehicle sales as more than 210,000 PEVs will be sold globally and more than three dozen PEV models will debut, according to a year-end free whitepaper published by Pike Research, that makes 10 specific predictions about electric vehicles in 2013.
PRTM projects that the global EV value chain will likely be greater than US$250 billion by 2020. Driven by four global megatrends—reducing CO 2 emissions, oil concerns, growing congestion, and rapid technology advances—countries worldwide are focusing strongly on vehicle electrification. Click to enlarge. Commercial Models.
Eclimo is the recipient of a green technology financing program backed by the Malaysian government. The financing provides strategic funds to leading companies as part of the nation’s efforts to support the commercialization of new environmentally progressive technologies.
This financing, together with a combination of Sibanye-Stillwater’s extensive mining expertise that will complement the skills and local knowledge of the experienced Keliber team, will ensure the continued progress of the project to a build ready phase. The project financing would include both a debt and equity component.
The latest Autotech & Mobility M&A Market Report from Hampleton Partners, the international M&A and corporate finance advisory firm for technology companies, shows that the appetite for Autotech & Mobility deals has remained consistent despite the impact of COVID disruption, the global semiconductor shortage and supply chain issues.
As the battery arm of global green tech company Envision Group, it will invest up to €2 billion to produce latest technology, cost-competitive, low-carbon and safe batteries for electric models, including the future R5. Due to this partnership, Envision AESC forecasts 2,500 new jobs by 2030.
In a new study, KPMG International has identified 10 “megaforces” that will significantly affect corporate growth globally over the next two decades. The world is too uncertain and too complex to rely on linear forecasts; therefore, business leaders and policy makers should prepare for the unexpected.
Global aviation data firm Cirium released its new Airline Insights Review 2020 which reveals the deep impact on aviation of worldwide travel restrictions to curb COVID-19. Whereas this time last year we were celebrating the on-time performance of global carriers, this year is dramatically different. million flights to just 16.8
PwC analysis finds a need for global carbon intensity to drop an average of 5.1% Since 2000, the global rate of decarbonization has averaged 0.8%; from 2010 to 2011, global carbon intensity fell by just 0.7%. Because of this slow start, global carbon intensity now needs to be cut by an average of 5.1% Click to enlarge.
It further emphasizes the need to consider sensitivity to vehicle technology and alternative fuel availability and costs as well as economy-wide responses when forecasting the energy, environmental, and economic outcomes of policy combinations. —Karplus et al.
“The report shows that under existing policies and market conditions, global renewable power capacity is now expected to grow to 7,300 GW over the 2023-28 period covered by the forecast,” the IEA wrote in a press release. There are still some big hurdles to overcome, including the difficult global macroeconomic environment.” “For
Global hybrid + EV assembly forecast. More than 200 participants from the automotive, utilities, energy, technology, government, finance, education and other sectors provided their feedback for the effort. Source: PwC. Click to enlarge. —Brandon Mason, Autofacts senior analyst.
In 2026, US-based lithium-ion battery manufacturing capacity is forecast to be almost 600GWh, which is estimated to require over 500,000 tpa graphite-based AAM. Construction is expected to begin in 2023, subject to permitting and project financing, with first production targeted for 2025. Materials Separation & Processing (Precursor).
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content