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China’s economic stimulus to spark robust copper consumption in 2024 – ET Auto

Baua Electric

Demand from China’s green energy sector, notably for electric vehicles and power infrastructure, is expected to underpin copper prices. As the country ramps up its economic stimulus, imports of unwrought copper, copper products, and ores are projected to increase in anticipation of higher demand.

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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

Green Car Congress

The US Energy Information Administration (EIA) forecasts an increase in demand for petroleum products during the 2021 summer driving season as the impacts of COVID-19 diminish in the United States. EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel.

2019 186
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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

Green Car Congress

Pike Research forecasts that the global market for all electric-drive buses—including hybrid, battery electric, and fuel cell buses—grow steadily over the next. Europe is behind on hybrid bus deployments, although stimulus. grants to offset the price premium. 6 years, with a compound annual growth rate (CAGR) of 26.4%

2018 276
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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. This is a downward revision from the $35B the firm forecast for ESG spending through 2020 in a report published last August. 2010 vs 2011 forecasts.

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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

Green Car Congress

Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 Ultimately, widespread commercialization will depend on whether these ventures can reach price. Governments are expected to retreat from stimulus investment highs, shifting financing. billion by 2021.

Global 253
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Pike Research forecasts global biofuels market value to double to $185B by 2021

Green Car Congress

Pike forecasts that the global market for biofuels will increase from $82.7 between 2017 and 2021, as a combination of higher oil prices, emerging mandate. Ultimately, widespread commercialization will depend on whether these ventures can reach price. billion in 2011 to $185.3 billion by 2021. A more robust growth is expected.

Global 225
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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

Green Car Congress

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% million units, in the wake of the COVID-19 pandemic.

2020 191