Remove Gas-Electric Remove Global Remove Installation Remove Supplies
article thumbnail

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

Green Car Congress

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). Record electricity prices are forcing consumers to consider new forms of energy supply, driving the residential storage market in the near term.

article thumbnail

IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

Green Car Congress

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report.

Global 344
article thumbnail

Roadmapping Your Airport EV Charging Installation

Blink Charging

The world is turning to electricity to help clean up the transportation sector, and that includes airports and airline travel. Including cars, trucks, commercial aircraft, and railroads, transportation was responsible for 29% of total greenhouse gas emissions in the United States in 2021 and 20% of emissions globally.

article thumbnail

Skeleton, Martinrea Effenco to collaborate on fast-charging batteries in refuse collection vehicles

Green Car Congress

Effenco’s Hybrid Electric solution eliminates the need to run engines when trucks are stationary. Effenco’s Hybrid Electric system. The solution developed by the two companies can be installed on new heavy-duty vehicles or existing fleets. It can be adapted to new heavy-duty vocational trucks as well as existing fleets.

Li-ion 259
article thumbnail

Repsol and Talgo to develop hydrogen-powered trains

Green Car Congress

Spain-based global energy company Repsol and Talgo, a manufacturer of intercity, standard, and high speed passenger trains, will promote a renewable-hydrogen-powered train, fostering emission-free rail transport in the Iberian Peninsula. To do so, it will have an installed capacity of 400 MW by 2025 and will exceed 1.2 GW by 2030.

Hydrogen 435
article thumbnail

Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. The latest IEA Outlook report asserts that global EV sales are set to remain “robust” in 2024, reaching around 17 million by the end of the year.

Global 52
article thumbnail

Shell introduces new lifecycle approach to cut carbon footprint of aviation lubricants

Green Car Congress

Shell Aviation has introduced a new lifecycle sustainability approach for its AeroShell aviation lubricants to avoid, reduce and then compensate for lifecycle carbon emissions, improving aircraft performance while helping customers meet their net-zero greenhouse gas (GHG) or carbon emissions ambitions. million miles since 2021.

Carbon 284