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Global geothermal industry passes 12,000 MW operational

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The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). New project announcements have increased the resource under development to about 30,000 MW.

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Graphex Technologies in MOU with Reforme Group to develop graphite manufacturing facilities in Australia; mine-to-battery graphite supply

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The intent of the MOU is to evaluate collaborative opportunities strategically to locate, construct, and operate mid-stream graphite processing facilities throughout the world to support the global electrification of mobility. Reforme was founded by the team that developed a first in the sorting and beneficiating of iron ore.

Australia 170
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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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If they have local demand for batteries cell manufacturers will move to the region to be close to their customers, particularly in the automotive industry. We are only at the beginning of the path to achieving net-zero emissions globally. —Ashish Sethia, global head of commodities at BNEF.

Africa 221
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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

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Experts predict that by the year 2060 global warming, if left unchecked, could result in a temperature rise of seven degrees Fahrenheit higher than temperatures before the Industrial Revolution when man started widespread use of coal and other fossil fuels. C to 2 °C above pre-Industrial Revolution levels.