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UTM Offshore signs FEED agreement for Nigeria’s first floating liquefied natural gas (FLNG) facility

Green Car Congress

With factors such as the Russian-Ukraine war, increases in energy demand and global energy transition-related policies fueling the energy crisis at global scale, the AEC strongly believes African gas has a huge role to play in liberating global economies and the global energy market. —NJ Ayuk, the Executive Chairman of the AEC.

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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. The detailed report— Need Nickel? Global Nickel Trade and Chinese Dominance.

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Australian thermal coal mine aims for Q4 restart on supply deal – ET Auto

Baua Electric

Surging prices for coal last year have led to some new coal mines ramping up after the war in Ukraine exacerbated a supply shortage brought on by growing reluctance from climate conscious investors to funding new fossil fuel projects. In March it had said it expected to restart in the second half of 2023.

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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

Green Car Congress

However, while the new tax credit policy supports more growth based on BNEF’s long-term forecast, supply chain constraints cloud deployment expectations until 2024. Russia’s invasion of Ukraine has had a clear impact on energy storage deployments in Europe. Meanwhile, projects face long lead times to finance, develop and commission.

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BNEF: cost of new renewables rises as inflation starts to bite

Green Car Congress

Global benchmarks conceal a range of country-level estimates that vary according to market maturity, resource availability, project characteristics, local financing conditions and labor costs. While demand for low-carbon technologies in the energy sector bounced back strongly in the second half of 2021, supply has struggled to keep up.

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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

Green Car Congress

After Russia began its full-scale invasion of Ukraine in late February 2022, the impacts of reduced global refining capacity were exacerbated. High-capacity refineries require access to reliable sources of crude oil inputs to maintain higher utilization and to a sufficiently large pool of potential customers to supply.

Global 448
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Used EVs – Over The Hill, Or An Absolute Steal?

My Energi

A worldwide deficit of lithium, a global shortage of semiconductors and the ongoing conflict in Ukraine are all heavily impacting production efficiencies, with some OEM lead times reportedly reaching upwards of twelve months. So, with supply slim and prices high, is going electric necessarily the right choice for every motorist?

Cheap 133