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Global CO 2 emissions decreased 1.3% in 2009, the first decrease recorded this decade, according to an addendum to an earlier study outlining a method for updating global fossil fuel carbon dioxide emissions published in the journal Environmental Research Letters. The decrease in emissions follow the decrease in the global economy.
Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 growth in the industry over the next decade, Pike expects production volumes to fall short of an estimated 71.8 continue to pour into the industry. growth in the global biofuels industry.
Global energy intensity, 1981-2010. Global energy intensity—defined as total energy consumption divided by gross world product—increased 1.35% in 2010, the second year of increases in the context of a broader trend of decline over the last 30 years, according to a new Vital Signs Online article from the Worldwatch Institute.
According to a new report from Pike Research, the increased production and consumption of biofuels will more than double the industry’s market value in the next decade. Pike forecasts that the global market for biofuels will increase from $82.7 drive increased investment in the industry, the report finds. billion by 2021.
The global race for the best hydrogen technologies and the best sites for hydrogen production is already on. The Federal Research Ministry will provide up to 40 million euros in funding from the economic stimulus package for cooperation within the framework of this partnership. It has a lot of vast unused space.
Global light vehicle assembly will reach 81.8 Consumer demands and regulatory requirements are motivating the global automotive industry to push ahead with technological breakthroughs on a larger scale ,” said Rick Hanna, PwC’s global automotive leader. million units in 2013, representing a 3.3% million units in 2019.
The projects announced today under DOE’s SunShot Initiative will spur American innovation to help reduce the costs of clean, renewable solar energy and re-establish US global leadership in this fast growing industry. And is President Obama using stimulus funds to reward his political contributors?
Global hybrid + EV assembly forecast. This is already a reality as governments around the world have offered billions of dollars in the form of loans, grants, and rebates through various stimulus programs. Source: PwC. Click to enlarge. Of that, nearly one third, or three million units, will be plug-in and pure electric vehicles.
Renewable energy technologies could generate 40% of the world’s electricity by 2050, according to research presented at the International Scientific Congress “Climate Change: Global Risks, Challenges & Decisions”. The industrial powerhouse also used 347,000 tonnes of biomass in the same period, up 50% year-on-year.
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% decline in global real GDP in 2020.
The Dow Chemical Company is organizing a new business that will manufacture advantaged battery materials for the energy storage industry. Estimates of the energy storage industry project growth from $24 billion today to $74 billion by 2020, with the largest growth opportunity in the automotive market.
trillion more each year should be invested globally in low-carbon energy, including renewables, and the electrification of economies over the coming decade, while annual expenditure on fossil fuel energy should decrease by $350-600 billion. The report says that $1.5-1.7 It suggests that $1.4
The National Zero-Emission Truck (ZET) Coalition, including some four dozen organizations representing the US’ major heavy truck makers, innovators, suppliers and key stakeholders, sent a letter to Congressional leadership calling on any stimulus or recovery legislative package to prioritize investments that benefit U.S.
Pike Research forecasts that biorefineries globally will attract $170 billion in new capital investment between 2012 and 2022, reaching 81 billion gallons per year (BGY) of installed capacity. —“Industrial Biorefineries”. —“Industrial Biorefineries”. Source: Pike Research. Click to enlarge. Earlier post.).
In a new report , Pike Research forecasts that global sales of electric vehicle (EV) charging equipment (EVSE) will grow at a steady pace from 2012 to 2020 as the global market for plug-in electric vehicles (PEVs) grows. The global top 10 is rounded out by Canada and Australia. in 2013, with initial sales being retrofit units.
KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power and industrial markets. the parent company of Chemetall, is a leading global specialty chemicals and advanced materials company. Rockwood Holdings, Inc.,
At the AABC 2008 conference, Robert King from GE Global Research outlined requirements and challenges for hybrid locomotive batteries, including: 1,300 kW continuous chare/discharge power. The announcement coincides with GE’s submission this week for federal stimulus dollars from the US Department of Energy. Earlier post.).
Mark Little, GE’s Senior Vice President and Director GE Global Research, will join A123Systems’ board of directors. In addition to the private capital, A123 is seeking funds under federal and state stimulus and other programs to ramp up its production capabilities in Michigan.
a leading global producer of specialty lithium salts for lithium batteries, to form a new joint venture platform that will create an integrated global producer of lithium battery electrolytes. Foosung Co., This is an important strategic step for Novolyte and we are delighted to be partnering with Foosung Co. and its leaders.
Eaton will work with grant recipient South Coast Air Quality Management District (SCAQMD) and other affiliates, including the Electrical Power Research Institute (EPRI), Altec Industries, Compact Power Inc., Eaton will work with EPRI to develop plug-in station technology for use by utilities and other customers across the country.
Deutsche Bank’s China Auto analyst, Vincent Ha, continues to see robust light vehicle sales over the next few years, with a slow to about 11% YoY growth in 2011 (due to a high base from the 2010 surge, and reductions in government stimulus), followed by sustainable low double digit growth in 2012. He also believes that sub-1.6L
Additionally, through its stimulus programs and local industrial policies, the Chinese government is providing a range of grants, low-interest loans and related financial and tax incentives. Due to the strategy to focus predominantly on China in both the immediate and longer term, the company is reallocating its global resources.
global sunlight. Today we have just reached an important milestone on the path that will lead us forward to profitable industrial applications. Its efficiency was such that gas bubbles emerged as soon as it was under a light stimulus. The next step will be the development of the industrial process to large-scale manufacturing.
The global automotive industry is receiving close to US$44 billion from governments around the world to develop alternative fuel technologies, analysts at Deloitte reveal. The market for alternative fuel vehicles is being strongly supported economic stimulus packages and other government programs in at least 13 markets.
Globally, more than 100 nations have established renewable energy targets. Why then do we not have the same clarity of goal for the electricity generating industry here in the USA? The 70’s oil crisis came and went; the loss of USA domestic market share occurred and a recent bankruptcy wave that hit the industry.
Global energy-related carbon dioxide emissions can be reduced by 70% by 2050 and completely phased-out by 2060 with a net positive economic outlook, according to new findings released by the International Renewable Energy Agency (IRENA) and the International Energy Agency (IEA). —IRENA Director-General Adnan Z.
Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. by Nick Cunningham of Oilprice.com.
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. “In the near-term, we expect to see some consolidation in the battery industry, with a few leaders taking the lead. Click to enlarge. Earlier post.).
The purpose of the Workshop is to expand the interest in thermoelectrics for automotive as well as other applications, such as directly converting waste heat from industrial processes, geothermal, stationary power prime movers (gas turbines and diesels), rail, marine and off-highway equipment to electricity.
Headwaters said that momentum for creating an entirely new industry surrounding carbon capture and storage has been building since passage of the stimulus bill. The University of Utah has CO 2 expertise and technology developed by a team led by Dr. Brian McPherson.
All the details after the jump- In the civilized world, unprecedented efforts are being made globally to deal with climate change – almost all of which is directly traceable to the use of “dirty&# technologies. Stimulus Package allocated for renewables? Are cities leading the way?
NI’s CEO reports an industry-wide recognition that test data is an underutilized asset and many systems need to be rebuilt to take better advantage of very rich data sets. Q&A with NI CEO Eric Starkloff (Full interview) The sense of urgency in the auto industry is palpable as it undergoes the transition to EVs.
New Delhi: China is expected to amplify its stimulus efforts next year, potentially boosting demand for metals, with copper consumption forecasted to rise, the Commodity Outlook Report 2024 by ICICIDirect said in a report.
One looming artifact of the pandemic that remains in 2023—the global chip shortage —has gratefully begun to recede. As Spectrum reported in the months since this story originally posted, the broken supply chains caused by the chip shortage have practically rewired whole segments of the tech industry. In March of 2023, the U.S.
Grant Thornton LLP is the US member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations. Suppliers struggled to make money when industry volumes were almost double what they are today, and the consolidation that has occurred has been happening mostly among smaller companies at the lower tiers.
more than 50% of demand—will be available for passenger cars, given the potential demand for biofuels from other sectors, such as goods vehicles, aviation, marine, power and heavy industry. Industrial gas companies : Air Liquide, Air Products, The Linde Group. Industrial gas companies : Air Liquide, Air Products, The Linde Group.
The COVID-19 control measures and the economical crisis that followed took a massive toll on the global automotive and manufacturing industries. The main reasons for global automotive sales drop are, The purchasing power of consumers decreased. COVID-19 & Global Electric Vehicle Market. The short distance market.
Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. Compounding this are worries that Chinese producers with excess supply will ramp up exports, depressing prices globally.
If you listen to US President Barack Obama it has been a long time coming – his decision to pour $2.4billion of stimulus money to make America a global leader in electric and hybrid car development comes as the country plays catch up to the likes of Japan and even China in the green car race (see article ). “I Who will benefit?
Similarly, in China, the sheer size of the auto industry and the country’s ambitious clean-energy goals suggest a potentially huge market for electric cars. The firm eTec got $100 million in funding from the US Department of Energy through the stimulus bill. IHS Global Insight in Lexington, Mass.,
However, on 3 March, the European Commission unveiled its Industrial Action Plan for the automotive sector. These proposed measures aim to support the industrys competitiveness and transition to zero-emission mobility in the EU. Global EV-leader BYD also has expansion plans for the region. year-on-year in 2025 to 3.53
Wendel Dreve and Marion Gilliland have dedicated the past five years to pursing their dream of transforming the corn ethanol industry. First, the industry is approaching the ethanol-to-gasoline blend wall of 10% ethanol, 90% gasoline in standard gas engines. All of these issues are contributing to excess capacity in the industry.
The economic stimulus package currently before Congress could include incentives for both buyers of electric vehicles and electric vehicle battery manufacturers. While it is not the first time a future of electric cars has been on the horizon, industry experts say this time its for real. He even knows what a plug-in hybrid is.&#.
Since the onset of the global economic crisis most of us have been cutting back to save cash wherever we can. With few of us having the cash or credit to buy an expensive new addition, the bottom seems to have fallen out of the automotive industry which has been plunged into crisis. billion putting the group only barely in the black.
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