Green Car Congress

APRIL 13, 2023

Energy Information Administration (EIA) increased its forecast for the 2023 Brent crude oil price by 2.5% from its previous forecast. EIA expects the Brent crude oil spot price to average $85 per barrel in 2023, $3 per barrel higher than its March forecast. Despite OPEC+ announcing it would cut crude oil production by 1.2

Fuel 210

Fuel Gasoline Global South America 210

Green Car Congress

DECEMBER 24, 2022

Australia’s lithium production is forecast to grow from 335,000 tonnes of lithium carbonate equivalent (LCE) in 2021–22 to 399,000 tonnes in 2022–23 and 470,000 tonnes of LCE in 2023–24. In 2022–23 Australia’s export earnings are forecast to more than triple — from $4.9 billion in 2021–22 to $16.1 billion, and $17.0 billion in 2023–24.

Australia 281

Australia South Korea Batteries Battery 281

Green Car Congress

JANUARY 25, 2023

In its 2023 Strategic Update , Albemarle Corporation raised its forecast for 2030 global lithium demand (LCE, lithium carbonate equivalent) to 3.7MMt—an increase of 15% from its previous forecast due to the impact of the US “Inflation Reduction Act” and strong EV demand.

Price 397

Price Carbon Supplies Corporation 397

Green Car Congress

MAY 2, 2023

INSG forecasts this to reach 3.374Mt in 2023. The INSG forecasts an increase to 3.134Mt in 2023. INSG forecasts nickel pig iron (NPI) production in Indonesia to continue to rise, and to decline further in China. The estimates do not include any adjustment factor for possible production disruptions.

International 218

International Indonesia Portugal Market 218

Green Car Congress

JUNE 18, 2022

The US Energy Information Administration (EIA) forecasts that liquid fuels production in Brazil, Canada, and China will increase this year and next, contributing to growth in overall non-OPEC petroleum production. million b/d, according to the forecast. million barrels per day [b/d]) in 2022 and by 2% (0.8 million b/d) in 2021.

Brazil 259

Brazil Fuel Canada China 259

Green Car Congress

OCTOBER 13, 2022

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.

Energy Storage 259

Energy Storage Lithium Ion Energy Global 259

Green Car Congress

JUNE 16, 2021

In the June Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) forecasts that rising global production of petroleum and other liquid fuels (driven by OPEC, Russia, and the United States) will limit price increases for global crude oil benchmarks Brent and West Texas Intermediate (WTI). million b/d in 2022.

Oil 243

Oil Price Global Oil Prices 243

Green Car Congress

AUGUST 3, 2021

In an effort to provide a degree of transparency to the large variance of forecasted costs due to differences in methods and assumptions, the Münster team clustered the papers according to four applied forecasting methods: technological learning; literature-based projections; expert elicitations; and bottom-up modeling. Mauler et al.

Batteries 243

Batteries Battery Lithium Ion Lithium Sulfur 243

Green Car Congress

MARCH 29, 2021

This estimate is a significant increase from the market analysis firm’s 2018 forecast, due to upwards revisions in its EV sales forecasts. Fitch bases its forecast on the underlying assumption that NMC 811 cathodes will rise to 80.0% of NMC market share by 2027—effectively raising the average nickel content.

Batteries 358

Batteries Battery Lithium Ion Tesla 358

Green Car Congress

OCTOBER 29, 2022

Benchmark Mineral Intelligence’s Cobalt Forecast now suggests that cobalt production in the country could increase more than thirty-fold this decade. This would bring Indonesia into second place for cobalt mining, after the Democratic Republic of Congo.

Indonesia 236

Indonesia Lithium Ion Congo Cuba 236

Green Car Congress

AUGUST 9, 2023

In its August Short-Term Energy Outlook (STEO), EIA forecasts US crude oil production to average 12.8 million barrels per day in 2023—200,000 barrels per day more than in its July forecast. EIA forecasts the Brent crude oil price to increase the rest of 2023 and to approach $90 per barrel in late 2023. million b/d, with 1.2

Oil 370

Oil Gasoline-Electric Oil Prices Price 370

Green Car Congress

JUNE 22, 2020

Strategy Analytics forecasts that automotive sensor market growth will be driven by an expected increase in demand for electric vehicles. over the 2019 – 2024 timeframe.

Electric Vehicles 284

Electric Vehicles Batteries Battery Motor 284

Green Car Congress

MARCH 14, 2023

IDTechEx forecasts that the second-life EV battery market will reach US$7B in value by 2033. The second-life EV battery market adds value to future energy infrastructure, creates a circular economy for electric vehicle (EV) batteries, and provides a lower levelized cost of storage compared to new batteries.

Li-ion 195

Li-ion Batteries Battery Electric Vehicles 195

Green Car Congress

APRIL 15, 2023

In its April Oil Market Report , the International Energy Agency (IEA) forecasts that world oil demand will climb by 2 mb/d in 2023 to a record 101.9 IEA forecasts global refining throughput to average 82 million barrels per day this year, 0.1 million barrels per day. For the year as a whole, global oil production growth slows to 1.2

Oil 186

Oil Ukraine Brazil Russia 186

Green Car Congress

JUNE 18, 2022

The IEA June 2022 Oil Market Report (OMR) forecasts world oil demand to reach 101.6 mb/d in 2023, according to the forecast. mb/d this year, world oil demand is forecast to expand by 2.2 Runs are forecast to rise by 3.5 mb/d in 2023, surpassing pre-pandemic levels. mb/d in 2022 to 2.2 Following gains of 1.8 mb/d to 101.6

Oil 210

Oil Global Diesel Russia 210

Green Car Congress

JANUARY 26, 2023

In its January 2023 Short-Term Energy Outlook , the US Energy Information Administration (EIA) forecasts that crude oil production in the United States will average 12.4 Increased production in the Permian region and, to a lesser extent, in the Federal Offshore Gulf of Mexico (GOM) drives the forecast growth in production. million b/d.

Oil 468

Oil Oil Prices Production Gas 468

Green Car Congress

APRIL 7, 2021

BNEF now forecasts that green hydrogen from renewables should be cheaper than natural gas (on an energy-equivalent basis) by 2050 in 15 of the 28 markets modeled, assuming scale-up continues. These costs are 13% lower than BNEF’s previous 2030 forecast and 17% lower than its old 2050 forecast.

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Hydrogen Solar Cost Of Green 255

Green Car Congress

SEPTEMBER 6, 2023

Power has just introduced a new EV Retail Share Forecast, which captures granular EV sales, consideration, pricing, infrastructure growth and other census and demographic factors to project state-by-state EV adoption rates through 2035. Power EV Retail Share Forecast. Methodology. Power EV Index and the J.D.

South Dakota 370

South Dakota North Dakota Power Powered 370

Green Car Congress

MARCH 2, 2020

In a new report, “ Electric Vans 2020-2030 ”, UK-based IDTechEx forecasts that global production of electric LCVs will exceed 2.4 Forecast eLCV share of total global LCV market revenue. million units annually by 2030. Source: IDTechEx Electric Vans 2020-2030.

Electric 259

Electric Electrical Diesel Global 259

Green Car Congress

APRIL 20, 2022

In its new Rare Earth Magnet Market Outlook to 2035 report, Adamas Intelligence forecasts that global demand for NdFeB magnets will increase at a CAGR of 8.6%, bolstered by double-digit growth from electric vehicle and wind power sectors. This will translate to comparable demand growth for the rare earths elements (i.e., billion by 2035.

Electric Vehicles 170

Electric Vehicles Global All-Electric Electric 170

CleanTechnica EVs

JUNE 2, 2021

Shortly thereafter, I published my somewhat detailed Tesla sales forecast (i.e., delivery forecast) for 2021. Two months ago, Tesla released its 1st quarter production and delivery totals, which were well above what Wall Street analysts were expecting.

Tesla 131

Tesla Sale Production Electric Cars 131

Green Car Congress

AUGUST 5, 2023

Benchmark’s high case scenario forecasts that 7.0 With the amount of lithium production forecast by Benchmark for 2030, only 3.2 Globally, Benchmark’s Lithium ion Battery Database forecasts that 43.7% Tesla is targeting production of 20 million passenger EVs by 2030. In 2022, the company produced just over 1.3 million EVs.

Lithium Ion 369

Lithium Ion Electric Vehicles Batteries Battery 369

CleanTechnica EVs

JULY 3, 2021

In April, I published a couple of Tesla sales forecasts for 2021, and then I followed that up with one more at the beginning of June. With Tesla’s Q2 sales numbers now in, let’s revisit some of those forecasts. First of all, Troy Teslike has updated his Q3 forecast by about 8,000 since mid April […].

Tesla 143

Tesla Sale Electric Cars Electric Vehicles 143

Cars That Think

NOVEMBER 4, 2021

The closing of office buildings, schools, factories, and other facilities made it challenging for utilities to forecast how much electricity customers would be consuming. The fluid situation has left utility companies scrambling for solutions to improve load-forecasting accuracy. Many employees continue to work from home.

Electric 140

Electric Electrical Grid All-Electric 140

Green Car Congress

SEPTEMBER 27, 2020

one of the US’ largest asset-based truckload carriers by revenue, released its September industry forecast spotlighting key economic trends and updates specific to the trucking industry. US Xpress, Inc., Three key insights include: Rising Driver Turnover.

Industrial 305

Industrial Industry Market 2018 305

CleanTechnica EVs

JANUARY 3, 2022

Looking At 2021 Tesla Sales Forecasts In the middle of April 2021, I put together forecasts for Tesla sales (deliveries) in the 2nd quarter, 3rd quarter, 4th quarter, and full year.

Tesla 145

Tesla Sale Electric Cars Electric Vehicles 145

CleanTechnica EVs

OCTOBER 18, 2022

I wrote yesterday about Tesla’s 4th quarter production and delivery forecast throughout the year and what it’s likely to achieve. This was simply a data-driven effort to match up expectations and the likely scenarios.

Tesla 116

Tesla Sale Production Electric Cars 116

CleanTechnica EVs

APRIL 18, 2021

To make it a little more fun, though, I’m going out on a thin limb and also creating charts forecasting quarterly Tesla deliveries for the remainder of the year. Following the release of Tesla’s 1st quarter production and delivery numbers, I wanted to take a closer look at Tesla’s long-term delivery trends.

Tesla 143

Tesla Sale Production Electric Cars 143

Teslarati

MAY 9, 2023

Lucid Motors was the first domino to fall this week , releasing its Q1 earnings report, which showed investors weakening demand, a flimsy financial position, and a disheartening production forecast. Foremost, the automaker announced a production cut to its incredibly optimistic 2023 forecast.

Fisker 98

Fisker Vehicles Motor Motors 98

Green Car Congress

JUNE 17, 2022

The US Energy Information Administration (EIA) forecasts that prices in US wholesale electricity markets this summer will significantly increase over last summer’s prices. EIA forecasts summer electricity prices will average $98/MWh in California’s CAISO market and $90/MWh in the ERCOT market in Texas.

Gas-Electric 476

Gas-Electric Electric Electrical Price 476

Innovation News Network

OCTOBER 11, 2022

The post Using cosmic rays to forecast tropical storms appeared first on Innovation News Network. Experts have advanced early weather warning systems, utilising cosmic rays to accurately monitor tropical storms for the first time.

Climate Change 105

Climate Change Environment Climate 105

Innovation News Network

NOVEMBER 29, 2022

Read how the Karlsruhe Institute of Technology (KIT) is pioneering a method for more accurate and energy-efficient weather forecasts. The post ASPIRE project optimises accuracy and efficiency of weather forecasts appeared first on Innovation News Network.

Kits 98

Kits Energy Climate Change Environment 98

Green Car Congress

JULY 27, 2023

Africa’s mined lithium production output is set to increase more than ten-fold this decade, according to Benchmark’s Lithium Forecast. Benchmark’s Lithium Forecast shows that the region is expected to account for just 4% of global mined lithium supply this year. The continent is forecast by Benchmark to produce just 0.1%

Supplies 195

Supplies Namibia Global Africa 195

CleanTechnica EVs

APRIL 19, 2021

Right after I finished and published an article on my 2021 Tesla sales forecasts, I went to Twitter to find it and retweet it. I quickly spotted a tweet from Troy Teslike showing his own forecasts (published a couple of hours before mine). So, being a big fan of his work, I thought I’d look […].

Tesla 110

Tesla Sale Electric Cars Electric Vehicles 110

CleanTechnica EVs

APRIL 25, 2021

In part two of this interview with Rodney Hooper of RK Equity, I started off by asking about his forecasts for EV market share in Europe. of vehicle sales in Europe this year (well above his US forecast of 15% by 2025). He expects that plugin vehicles will account for 18.5% At that percentage, we’re […].

Europe 123

Europe Sale Tesla Plugin 123

Green Car Congress

APRIL 9, 2020

IHS Markit said that the 40% chance of an extended lockdown forecast reflects immediate impacts of new containment measures that have been announced globally and expanded within countries already confronting the virus. A stronger economic response in 2021-2023 pushes global growth above 3% annually.

Vehicles 221

Vehicles Stimulus Global Sale 221

Green Car Congress

DECEMBER 27, 2019

A new report from Tractica forecasts that the global market for Mobility as a service (MaaS) to grow at a compound annual growth rate (CAGR) of 24.0% North America is forecast to be the second largest market since it is a pioneer and supporter of ride-hailing and vehicle subscription services. to become a $563.3

North America 195

North America Vehicles Market Transportation 195