Green Car Congress

JULY 31, 2019

Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). Batteries will increasingly be chosen to manage this dynamic supply and demand mix.

Energy Storage 225

Energy Storage Grid Global Energy 225

Green Car Congress

MAY 6, 2023

Now, in its latest annual report on rare earth magnets ( “Rare Earth Magnet Outlook to 2040” ) Adamas Intelligence forecasts that NdFeB magnets will increase at a CAGR of 7.5% as the supply side of the market increasingly struggles to keep up with rapidly growing demand. didymium, dysprosium and terbium) these magnets contain.

Market 210

Market Global Supplies Wind 210

Green Car Congress

SEPTEMBER 29, 2020

Demand growth of the 2020s will soon be dwarfed by the astronomical demand growth of the 2030s, according to a new forecast by Adamas Intelligence. 6,000 tonnes per annum) that it is simply implausible for the already-lagging supply-side to catch up and keep up. After growing at a CAGR of 6.4% After growing at a CAGR of 6.4%

Supplies 360

Supplies Global Escape 2020 360

Green Car Congress

NOVEMBER 23, 2022

Powerful permanent magnets are necessary components of electric vehicle motors, wind turbines, efficient industrial motors, and many other modern technologies essential to the clean energy transition. With demand expected to triple by 2035, shortages and price increases are also forecasted. One of the top 5 global wind turbine OEMs.

Grant 345

Grant Production Wind Clean 345

Green Car Congress

FEBRUARY 4, 2023

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

Motor Motors Motoring Wind 221

Green Car Congress

OCTOBER 15, 2022

million tonnes LCE will be needed by 2050 with energy storage making up two-thirds of battery demand by that date, due to the growth of renewable energy sources such as wind and solar. million tonnes of cumulative global production of lithium between 2015 and 2022, according to Benchmark’s Lithium Forecast. Annual production of 11.2

Lithium Ion 360

Lithium Ion Energy Storage 2015 Supplies 360

Green Car Congress

JANUARY 11, 2023

US oil production is the largest source of production growth in the forecast, but that growth remains uncertain because of relatively low capital investment from oil producers, EIA noted. Areas of uncertainty include Russian oil supply and OPEC production. EIA forecasts US gasoline prices to average around $3.30

Oil Prices 210

Oil Prices Oil Global Price 210

Green Car Congress

SEPTEMBER 20, 2017

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.

Hydrogen 170

Hydrogen Transportation Gas Power 170

Green Car Congress

OCTOBER 18, 2013

In a new report, Navigant Research forecasts that global vehicle-to-grid (V2G)-enabled plug-in electric vehicles (PEVs) servicing the ancillary services market will grow at a compound annual growth rate (CAGR) of 64.3% Globally, Navigant Research forecasts that frequency regulation revenue will reach $190.7 from 2013 to 2022.

Grid 225

Grid North America South Korea Energy Storage 225

Green Car Congress

DECEMBER 3, 2022

IDTechEx has researched the electric motor market for electric vehicles, including analysis, benchmarking, and demand forecasts of different motor technologies resulting in its report: “ Electric Motors for Electric Vehicles 2022-2032 ”. Induction motors use a copper cage or windings on the rotor and use an asynchronous operating principle.

Market 259

Market Motor Motors Motoring 259

Green Car Congress

APRIL 7, 2021

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.

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2019 Fuel Coal Motor 186

Green Car Congress

NOVEMBER 4, 2013

A new European Joint Research Centre (JRC) study looking into the supply of raw materials for the manufacture of low-carbon energy technologies found that eight metals were at high risk of shortages. The applications, i.e. technologies, of particular concern as a result are electric vehicles, wind and solar energy, and lighting.

Wind 290

Wind Light Solar Carbon 290

Green Car Congress

JANUARY 24, 2014

The magnitude of these savings is ~5% to 15% higher in a system with 20% wind penetration compared to a system with no wind power, and the savings are 50–60% higher in a system that requires capacity expansion. Controlled charging can also take advantage of the high levels of wind generation that commonly occur at night in the US.

Wind 286

Wind PHEV Cost Of Charging 286

Green Car Congress

APRIL 6, 2020

Enovix replaces electrode winding in a standard pouch lithium-ion battery production process with proprietary laser patterning and high-speed stacking tools to increase line MWh capacity by 30%. Enovix expects to supply the EV market within 5 years. The result is both a significant increase in energy density and high cycle life.

Lithium Ion 416

Lithium Ion Market Automobile Manufacturer Batteries 416

Green Car Congress

AUGUST 31, 2020

Further, according to Rystad Energy, Big Oil is expected to pump in $166B into new oil and gas ventures over the next five years, thus dwarfing the currently specified outlay of just $18B (less than 10% of capex) for solar and wind energy projects. Good case in point: Italian multinational oil and gas giant Eni S.p.A. 2 Total SA.

Oil 418

Oil Renewable Wind Gas-Electric 418

Green Car Congress

SEPTEMBER 3, 2020

As magnet rare earth prices rise and supplies become increasingly scarce through the second half of the decade, cerium, lanthanum and terbium will help fill the gap, according to Adamas Intelligence.

Waste 207

Waste Supplies Global Wind 207

Baua Electric

APRIL 12, 2024

CNESA forecast improvements in the economics of battery energy storage in China this year, without providing specifics. Grid-connected battery farms back up renewables when the sun is not shining or the wind is not blowing and are considered important to help integrate clean energy into power grids.

Auto 52

Auto Energy Storage Batteries Battery 52

Green Car Congress

APRIL 17, 2021

A 410-megawatt electrolysis plant is also planned, which—in combination with the import terminal—would be capable of supplying around 295,000 metric tons or 10% of the demand expected for the whole of Germany in 2030. This approach will help to solve one of the key problems of energy transition: security of supply.

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Green Hydrogen Germany CO2 273

Green Car Congress

APRIL 29, 2021

These metals are vital for the infrastructure required to accommodate an urban population forecast to grow by 2.3 Furthermore, the deployment of clean energy technologies such as electric vehicle batteries and wind turbines will only widen the supply gap. billion by the 2060s. They haven’t.

New York City 418

New York City Hawaii Mariner New York 418

Green Car Congress

MAY 13, 2021

With the target year set as 2022, Doosan has been working on constructing a hydrogen liquefaction plant within the complex of its Changwon plant, which will be used to produce blue hydrogen for future supply and utilization. The production of green hydrogen using wind power is also well underway on Jeju island. million tons by 2040.

Waste 320

Waste Hydrogen Industrial Industry 320

Baua Electric

APRIL 11, 2024

“In 2024, the entire world is in a stage of reconfiguring supply chains, geopolitics are bringing new challenges to supply chains,” CNESA said in the white paper. CNESA forecast improvements in the economics of battery energy storage in China this year, without providing specifics.

Auto 52

Auto Energy Storage Batteries Battery 52

Baua Electric

FEBRUARY 29, 2024

China leads the pack with a 40-70% cost reduction in utility-scale solar, onshore wind, and offshore wind compared to other Asia Pacific markets. Solar is cheapest and falling The significant drop in solar power costs, by 23% in 2023, signals the end of supply chain disruptions and inflationary pressures.

Asia 52

Asia Coal Solar Power 52

Green Car Congress

APRIL 17, 2014

Furthermore, the energy storage system for such power supplies must be highly safe and reliable due to the need for an efficient and stable source of high capacity power. Sony and Hydro-Québec plan to establish the new company in June, 2014.

Power Grid 271

Power Grid Energy Storage Grid Li-ion 271

Green Car Congress

MAY 10, 2011

Up to 77% of the world’s energy supply could be met by six key renewables by mid-century under the most optimistic scenario if backed by the right enabling public policies, according to a new report by more than 120 researchers working with the Intergovernmental Panel on Climate Change (IPCC). Wind energy, including on- and offshore systems.

Renewable 218

Renewable Supplies Global Energy 218

Green Car Congress

JULY 21, 2021

This study uses recent data on industrial-scale battery production and considers regional battery supply chains. There will not be sufficient supply of very low-GHG biofuels, biogas, and e-fuels to decarbonize internal combustion engine vehicles, according to the ICCT. Source: The ICCT.

Hydrogen 418

Hydrogen Fuel Batteries Battery 418

Green Car Congress

JULY 25, 2013

However, fossil fuels continue to supply nearly 80% of world energy use through 2040. Natural gas is the fastest-growing fossil fuel, as global supplies of tight gas, shale gas, and coalbed methane increase. per year over the projection period, but remain a relatively minor share of total liquids supply through 2040.

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2010 Transportation Fuel Energy 317

Green Car Congress

AUGUST 26, 2013

A new Energy Department study conducted by the National Renewable Energy Laboratory (NREL) indicates that by 2025 wind and solar power electricity generation could become cost-competitive without federal subsidies, if new renewable energy development occurs in the most productive locations. Source: Hurlbut et al. Click to enlarge.

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Renewable Wyoming Wind Montana 230

Green Car Congress

DECEMBER 18, 2020

A combination of falling costs for solar and wind power, improved performance as well as economies of scale for electrolyzers could make it possible. Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA).

Hydrogen 482

Hydrogen Renewable Low Cost Green 482

Green Car Congress

JULY 6, 2020

Hydrogen has the ability to assist in variable power output from renewable energy sources such as solar PV and wind. The availability of these sources is not always commensurate with demand for power. —Sneha Susan Elias, Senior Analyst of Power at GlobalData.

Hydrogen 199

Hydrogen Cleaner Power Powered 199

Green Car Congress

MAY 13, 2011

Audi will supply three sources of green energy in the scope of the e-gas project: electricity, hydrogen and methane gas. The e-gas project consists of two main components: Audi is contributing to the construction of offshore North Sea wind turbines which will generate clean power,that is then fed into the public power grid.

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Audi Gas Hydrogen 2013 370

Green Car Congress

OCTOBER 5, 2010

The cost forecast is generated using these scenarios and covers all aspects of the decommissioning from the plugging and abandonment of subsea wells to onshore deconstruction and recycling.

Cost Of 170

Cost Of Oil Gas Wind 170

Green Car Congress

JANUARY 25, 2016

Global energy demand will increase 25% between 2014 and 2040, driven by population growth and economic expansion, ExxonMobil forecasts in the 2016 edition of its annual The Outlook for Energy. The company forecasts modest gains for plug-in electric cars, with cost and functionality remaining barriers. Source: ExxonMobil.

2014 150

2014 Carbon Energy Fuel Economy 150

Green Car Congress

MARCH 19, 2015

Electricity generated by wind and solar power will be used to power a hydrogen-producing water electrolysis system. In the project, Toshiba will deploy its hydrogen energy management system (H 2 EMS), which is designed for optimal production and storage of hydrogen based on electricity supply and demand forecasts.

Hydrogen 150

Hydrogen Power Powered Fuel 150

Green Car Congress

JULY 2, 2021

The new crossover will be built on the Alliance CMF-EV platform, with a forecasted production capacity of up to 100,000 units to be installed. Production in Sunderland will create 909 new jobs at the plant, and more than 4,500 in the UK supply chain, while safeguarding a further 75 R&D jobs.

Nissan 170

Nissan Batteries Battery Renewable 170

Green Car Congress

FEBRUARY 18, 2010

has signed a multi-year supply agreement with BJ Technologie, a subsidiary of Bénéteau Group, the world’s largest sailing yacht manufacturer. Order estimates by Bénéteau Group forecast up to $9 million in revenue to Valence Technology during the ensuing 12 months. Valence Technology, Inc. Earlier post.).

Li-ion 186

Li-ion Supplies Hybrid Mariner 186

Green Car Congress

JUNE 10, 2016

The contract takes into consideration the forecasted hourly energy consumption for the approximately 2.1 The remaining electricity MP2 procures for Toyota will be 100% renewable, sourced from various resources including local Texas wind and offsite solar. The five-year deal also supports 7.75

Toyota 150

Toyota Renewable Energy Motor 150

Green Car Congress

FEBRUARY 23, 2015

Forecasts for energy storage and conservation show strong growth. The main areas of application include integrating renewable energy (wind, hydrokinetic, solar, hydro), fast-charging networks for electric vehicles, both hybrid and all-electric, and emergency power supply systems.

Energy Storage 150

Energy Storage Batteries Battery France 150