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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. During 2022, over 393 deals related to hydrogen were closed, representing a significant increase compared to 277 deals registered in 2021.

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IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

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Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9

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International Lithium Association (ILiA) established to be the voice of the global lithium industry

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The International Energy Agency (IEA) has estimated that the growth in EVs could see lithium demand increase by more than 40 times by the year 2030. Orocobre Ltd; and Pilbara Minerals, which between them account for well more than half of global lithium production. The five founding members of ILiA are SQM; Ganfeng Lithium Co.,

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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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The Global Carbon Project (GCP) published its annual analysis of trends in the global carbon cycle in the journal Earth System Science Data , including an updated full-year projection for 2022. Global fossil CO 2 emissions are expected to grow 1.0% (with an uncertainty range of 0.1% Turmoil in energy markets.

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Study finds global emissions of several banned ozone-destroying CFCs are increasing

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The research, published in Nature Geoscience and led by the University of Bristol and National Oceanic and Atmospheric Administration (NOAA), puts the rise in part down to the chemicals, known as chlorofluorocarbons or CFCs, being used to make other ozone-friendly alternatives to CFCs. —Dr Western Resources Western, L.M., Vollmer, M.K.,

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Volvo Trucks had 42% market share of heavy-duty electric trucks in Europe in 2021

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New statistics show that Volvo Trucks was the market leader for heavy all-electric trucks in Europe 2021 with a market share of 42%. The international trucking industry is undergoing a transformation towards more sustainable transport as sales of heavy battery electric trucks are starting to pick up, with Europe in the lead.

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Deutsche Post DHL Group introduces Green Carrier Certification as part of its sustainability roadmap

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Deutsche Post DHL Group is introducing a global DHL Green Carrier Certification to reward road transport subcontractors for their efforts to become more sustainable. As part of its sustainability roadmap, Deutsche Post DHL Group aims to reduce greenhouse gas emissions to below 29 million tons by 2030 and net-zero by 2050.

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