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IBM introduces new wind and solar forecasting system for utilities; big data analytics and weather modeling to predict output

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The solution combines weather prediction and big data analytics to forecast accurately the availability of wind power and solar energy. By utilizing local weather forecasts, HyRef can predict the performance of each individual wind turbine and estimate the amount of generated renewable energy.

Wind 306
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Argonne study finds rare earth supply disruptions can have long-range impacts

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A range of devices and machines rely on rare earth elements that are mined and refined largely in China. Disruptions to this supply can have wide-ranging consequences, but the understanding of how those disruptions play out in global markets is limited. —Riddle et al.

Supplies 468
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Adamas Intelligence expects 10-fold increase in value of rare earths to $36.2B by 2035; growth led by passenger EV traction motors

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NdPr, Dy and Tb oxides—were consumed globally in NdFeB alloys for energy-transition-related applications, including EV traction motors and wind power generators. In 2022, Adamas Intelligence calculated that $3.8 billion worth of magnet rare earth oxides—i.e., billion in 2022 to $36.2 billion in 2035.

Motor 221
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Navigant forecasts transportation demand for hydrogen to accelerate Power-to-Gas growth

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Navigant Research forecasts that the transportation segment, with hydrogen demand as a catalyst, will jump-start power-to-gas (P2G) demand and further drive down electrolyzer and other infrastructure costs. As costs fall, Navigant expects growth in the non-transport segments, creating opportunities for a variety of market players.

Hydrogen 170
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Roskill forecasts demand for neodymium for magnets to result in supply deficit; substitutions by 2021

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In its new rare earths market report with forecasts out to 2026, Roskill, a leader in international metals and minerals research, observes that the permanent magnet and catalyst sectors will continue to provide the largest markets for rare earths in the next ten years to 2026. Global NEV production could rise by 3.5-4.0

Supplies 186
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NREL researchers use adversarial training to super-resolve climate data; up to 50X higher resolution data

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Researchers at the US Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL) have developed a novel machine learning approach quickly to enhance the resolution of wind velocity data by 50 times and solar irradiance data by 25 times—an enhancement that had yet to be achieved with climate data. —Stengel et al.

Climate 170
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PwC’s Autofacts forecasts global light vehicle assembly to reach 81.8M units in 2013, up 3.3% from 2012

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Innovation ranging from new investments in lightweight materials, advanced drivetrains and infotainment systems to fresh approaches in engaging customers, will continue to shape the industry. The region is now forecasted to produce nearly 16.2 Capacity in the region is forecasted to grow from 15.4 million units in 2007.

2013 220