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by Lewis Black, CEO of Almonty Industries. and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% in the April report for the Institute for Supply Management’s Manufacturing Index. Source: Almonty. Should the U.S.
eFuels company HIF Global ( earlier post ) and Siemens Energy reached an agreement under which Siemens Energy will supply electrolyzers to the HIF Matagorda eFuels Facility. We face a time of incredible expansion in hydrogen production amid globalsupply chain challenges.
Anticipating increasing desire from airlines to reduce emissions, Neste and Shell Aviation have entered into a sustainable aviation fuel (SAF) supply agreement. This agreement significantly increases the supply and availability of SAF for the aviation industry with effect from October 2020. million tons of SAF annually by 2023.
Canada has released a list of 31 minerals considered critical for the sustainable economic success of Canada and its allies—minerals that can be produced in Canada, are essential to domestic industry and security and have the potential to support secure and resilient supply chains to meet global demand.
Following initial contracts with European suppliers, the BMW Group has now concluded further 2 -reduced-steel-for-global-production-network">agreements for the supply of CO 2 -reduced steel in the US and China. Steel is one of the main sources of CO 2 emissions in our supply chain.
A new report sponsored by ABB Robotics and authored by the automotive intelligence unit of Ultima Media auggests that concerns over EV battery supply to meet the escalation in demand poses serious risk to the growth of market share of electric vehicles, despite plans for 80 new global battery gigafactories.
DANNAR manufactures the DANNAR Mobile Power Station (MPS), a configurable platform that serves as both a multi-purpose work utility vehicle as well as a mobile power supply. Nuvera is a developer of fuel cells for commercial power, especially for motive applications. Nuvera is a subsidiary of Hyster-Yale Group, Inc., The DANNAR 4.00
The European Commission’s Joint Research Centre (JRC) has released a report by Roskill that analyzes the EU’s nickel requirements for EV batteries within the context of the global market over a twenty-year forecast horizon to 2040. Investment in both new primary supply and recycling is required to de-risk future supply security.
The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2022 and by an additional 1.6
Neste and CIM, part of NOVEN Group in France, the leading independent French group of companies providing oil storage and supply services, are collaborating to enable the supply of Neste MY Sustainable Aviation Fuel into France. Neste is committed to contribute significantly as we are increasing our global SAF production capacity to 1.5
to supply REG Ultra Clean at 12 locations in Northern California. REG is North America’s largest producer of biodiesel and an industry-leading producer of renewable diesel. REG utilizes a global integrated procurement, distribution and logistics network to operate 13 biorefineries in the US and Europe.
Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Global investment in technologies to help the energy transition reached a record $1.3 trillion in 2022, IRENA said.
and Toyota Motor Corporation have jointly developed a fuel cell power supply vehicle that uses hydrogen to generate electricity. Denyo and Toyota are both actively engaged in efforts for the global environment as they see related problems as important issues for management.
The US Department of Energy (DOE) released its 2023 Critical Materials Assessment (2023 CMA), which evaluated materials for their criticality to global clean energy technology supply chains. The Assessment focuses on key materials with high risk of supply disruption that are integral to clean energy technologies.
Vale Canada and lithium-ion cell producer Northvolt AB announced a multi-year agreement for Vale to supply low-carbon nickel products to Northvolt, reinforcing the companies’ shared commitment to sustainability in the electric vehicle supply chain and electrification of the broader mining industry.
ArcelorMittal published a concept for a low-carbon emissions steel standard to help incentivize the decarbonization of steelmaking globally and support the creation of market demand for physical steel products which would be classified as lower, and ultimately near-zero, carbon emissions steel.
The lithium industry needs $42 billion of investment if it is to meet 2030 demand, according to analysis by Benchmark Mineral Intelligence. This works out at approximately $7 billion a year between now and 2028 if the industry is to meet lithium demand by the end of the decade. Benchmark forecasts lithium demand in 2030 will reach 2.4
The ICCT study finds that the United States’ share of cumulative global EV production decreased from 20% to 18% since 2010 and only 15% of the approximately $345 billion in global automaker EV investments are flowing to the US. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017.
billion in 2022 as 200mm fab utilization remains at high levels and the global semiconductor industry works to overcome the chip shortage. After climbing to $5.3 billion last year, 200mm fab equipment spending is expected to be $4.9 200mm installed semiconductor capacity and fab count, 2013 to 2024. Source: SEMI.
Seamless electrified ecosystem required from rock to road to secure the North American automotive industry Battery development and production is strategically important for the transition to clean-energy economy and to remain globally competitive Sustainable lithium mining and processing is an essential component of this ecosystem.
time, it announced it had signed initial MoUs to scope the supply of hydrogen to chemicals ?manufacturer development of the Teesside hydrogen cluster and decarbonization of industrial users in the area. CF Fertilisers, one of the largest global producers of ammonia and ammonia-based fertilizers ?products, At the same ?time,
Broadly, the investments announced focus on the development of production facilities, technology, EV batteries, new product and securing future raw material supply (primarily semiconductors and battery materials). and is an innovation leader with the highest number of patents filed amongst other global automakers.
The partnership is part of Europe’s strategic industry initiative, the European Battery Alliance, aimed at building an independent, sustainable, and resilient battery industry in Europe. Europe is already the fastest growing lithium-ion battery production center in the world, with zero local supply of lithium hydroxide.
Hydrogen FCEVs are currently being developed by most leading global truck manufacturers, with the Hydrogen Council reporting that more than 130 FCEV models are expected to be assembled during 2023, of which the majority consists of commercial vehicles. Earlier post.)
In February 2022, GTI Energy, S&P Global Commodity Insights and the National Energy Technology Laboratory (NETL) launched the Open Hydrogen Initiative (OHI), a collaboration to further transparency into the environmental impact of hydrogen production and help unlock its full potential as an important driver of energy transitions.
Demand is expected to initially build on the decarbonization of existing industrial uses of hydrogen (95 MtH 2 eq), most notably for fertilizer production. Decarbonizing current and developing new end-uses, it can abate up to 85 GtCO 2 eq in cumulative emissions by 2050, more than twice global CO 2 emissions in 2021.
The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. Global Nickel Trade and Chinese Dominance.
The lithium industry needs to invest $116 billion by 2030 if the world is to meet the ambitions targets set by governments and the largest automakers, according to a Benchmark analysis. Globally, Benchmark’s Lithium ion Battery Database forecasts that 43.7% The EU has an ICE ban from 2035. of new vehicle sales will be electric by 2030.
The supply of rare earths has become an increasingly geopolitical issue in the US, Europe and Japan, with Chinese market dominance seen as a supply risk for critical elements including neodymium (Nd), praseodymium (Pr) and dysprosium (Dy).
One of the challenges of constructing a global hydrogen economy is hydrogen transportation by sea. 2023) Another advantage of solidifying air for energy recovery in the hydrogen liquefaction supply chain is the extra production of oxygen. An open-access paper on the work is published in the International Journal of Hydrogen Energy.
BayoTech is committed to addressing the global need for consistent, cost-effective, low-carbon supply of hydrogen. Hydrogen possesses many attributes that will drive long-term demand as a fuel source, including its role in global decarbonization efforts.
Unifrax, a global manufacturer of high-performance specialty materials, plans to build its first large-scale SiFAB (silicon fiber anode material) manufacturing line at its north central Indiana facility. The proven industrial-scale processes eliminate supply chain concerns over mass adoption. Source: Unifrax.
Volvo Cars is teaming up with Swedish steel maker SSAB to jointly explore the development of fossil-free, high-quality steel for use in the automotive industry. In 2026, SSAB aims to supply the market with fossil-free steel at a commercial scale. This steel will be used for testing purposes and may be used in a concept car.
Chart Industries and ZEV Stations executed a Memorandum of Understanding (MoU) enabling the two companies to collaborate on novel deployment for US-based, multimodal hydrogen stations with Chart equipment.
million) ammonia cracker prototype designed to produce green hydrogen at industrial scale. This innovative green ammonia cracker could be a game-changer for scaling up the green hydrogen industry – an important step to drive the energy transition. A Siemens Energy-led consortium has begun work in Newcastle, UK on a new £3.5
Rising global demand for electric vehicles and economic energy storage systems has led to projections showing an orders-of-magnitude increase in demand for lithium. In 2020 globalsupply was roughly 315k tons; this is expected to rise to 5.5M Earlier post.) EnergyX and Orocobre plan to deploy their pilots in the near future.
NYK Line, Toshiba Energy Systems & Solutions Corporation, Kawasaki Heavy Industries Ltd., NYK Line, Toshiba Energy Systems & Solutions Corporation, Kawasaki Heavy Industries Ltd., The partners will begin a feasibility study in September 2020 and start designing the vessel and hydrogen-fuel-supply equipment in 2021. Background.
This will be the first volume production of fuel cells in Norway and a hub for the Norwegian hydrogen industry. We combine a best-in-class fuel cell solution with a long history of being a trusted engineering partner to leading companies in the global maritime industry. —Tore Enger, CEO of TECO 2030 ASA.
E) will award $39 million in funding to 16 projects across 12 states to develop market-ready technologies that will increase domestic supplies of critical elements required for the clean energy transition. Idaho National Laboratory. Johns Hopkins University. Columbia University.
The Volvo Cars manufacturing plant in Chengdu, the company’s largest in China, is now powered by 100% renewable electricity, taking the company’s global renewable electricity mix in its manufacturing network to 80%. Until recently, the Chengdu plant already sourced 70% of its electricity from renewable sources.
Cummins has entered into a definitive agreement to acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Meritor is an industry leader in axle and brake technology. Under the terms of the agreement, Cummins will pay $36.50
This award marks the first Advanced Class Gas Turbines in the industry specifically designed and purchased as part of a comprehensive plan to sequentially transition from coal, to natural gas and finally to renewable hydrogen fuel, and creates a roadmap for the globalindustry to follow. Earlier post.). and Hitachi, Ltd.
A global Automotive Manufacturing Outlook survey commissioned by ABB Robotics and industry publication Automotive Manufacturing Solutions found that more than half (59%) of respondents believe the shift to pure electric vehicle production is not achievable within current legislative timelines. Only 4% felt it would not be possible.
Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries.
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