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UK-based Expleo, a global engineering, technology and consultancy service provider, has developed a closed-loop fuel solution for global shipping that delivers a 92% reduction in greenhouse gas emissions (GHGe) in the model vessel. —Jonathan Taylor, VP of Marine, Expleo. million (US$1.7
Disruptions to this supply can have wide-ranging consequences, but the understanding of how those disruptions play out in global markets is limited. China dominates the global rare earths market. Causes of supply disruptions. The researchers at Argonne are using a unique computer model to understand the effects.
A green power supply contract ensures the purchase of electricity from renewable energy sources at all times. The CO 2 -free electricity from solar, wind and hydro sources is generated in various power plants, most of which are located in Germany. The intelligent mix is supplemented by electricity from flexible hydropower plants.
million for the next phase of Gigastack, a new renewable hydrogen project, as part of the Department for Business, Energy and Industrial Strategy (BEIS) Hydrogen Supply Competition. from an offshore wind farm—the process of producing hydrogen from water (electrolysis) can be decarbonized. We’ve seen this happen in offshore wind.
BorgWarner will supply dual inverters for two premier Chinese OEMs. BorgWarner also recently announced it will be supplying its iDM220 integrated drive module to a leading Chinese luxury New Energy Vehicle (NEV) brand. iDM220 integrated drive module.
Mercedes-Benz Cars has entered into a power purchase agreement with Statkraft, Europe’s largest producer of renewable energy, enabling Mercedes-Benz Cars to source electricity directly from wind farms in Germany, whose subsidies from the Renewable Energy Act (EEG) expire after 2020. Statkraft is an important player in energy trading.
bp and EnBW have been awarded a lease option off the east coast of Scotland to develop a major offshore wind project to be known as Morven. The E1 lease is in an advantaged area, allowing the partners to develop it as a fixed-bottom offshore wind project with a total generating capacity of around 2.9
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.
The challenge of meeting Net-Zero Emissions by 2050 “will be short-circuited and remain out of reach” unless significant new copper supply comes online in a timely way, according to a new study by S&P Global that examines the growing mismatch between available copper supply and future demand resulting from the energy transition.
Cargill and BAR Technologies have embarked on a strategic project with naval architect Deltamarin to bring cutting edge wind propulsion technology to commercial shipping. Through this partnership we will bring bespoke wind solutions to customers who are actively seeking to reduce CO 2 emissions from their supply chain.
The global auto market is very sensitive to macroeconomic conditions and will be hit hard by the coronavirus and any economic contraction that accompanies it, BNEF says. Other elements of the note: BNEF cut the global solar demand forecast for 2020 from 121-152GW to 108-143GW. Chart: BloombergNEF.
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.
The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. trillion of that going to wind and solar and a further $1.5 BNEF sees $1.3
Enviva, a global renewable energy company specializing in sustainable wood bioenergy, and Mitsui O.S.K. Lines (MOL), a leading global marine transport group, signed a memorandum of understanding agreement to develop and to deploy an environmentally friendly bulk carrier. The first Wind Challenger is scheduled to be released in 2022.
This development is part of the company’s strategy to future-proof its engine technology in line with the global trend towards decarbonization of the energy and marine markets. During the energy sector’s transition to carbon neutrality, wind, solar, and battery storage will form an increasing share of power systems.
Global energy-related carbon dioxide emissions rose by 6% in 2021 to 36.3 The rebound of global CO 2 emissions above pre-pandemic levels has largely been driven by China, where they increased by 750 million tonnes between 2019 and 2021. billion tonnes, accounting for 33% of the global total. billion tonnes. billion tonnes.
Leading Australian energy infrastructure company Jemena has signed a new deal to supply Australia’s emerging zero emission vehicle industry with renewably generated green hydrogen. Jemena’s Managing Director, Frank Tudor, said the deal will make hydrogen gas generated from solar and wind power available to the vehicle industry.
Exxon Mobil Corporation’s new The Outlook for Energy: A View to 2040 , released last week, projects that global energy demand in 2040 will be about 30% higher than it was in 2010 as population grows to 9 billion and global GDP doubles. Click to enlarge. —ExxonMobil Outlook. billion units.
the leading global provider of auxiliary wind propulsion systems, announced its first newbuild order—the installation of a record five tilting Rotor Sails ( earlier post ) on board a large bulk carrier. Two Rotor Sails 30x5 are expected to reduce average fuel consumption on typical global shipping routes by 7-10%.
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.
China is positioning itself to dominate the globalsupply of copper, a material in high demand as the world transitions to alternative energy systems, according to experts from Rice University’s Baker Institute for Public Policy. “If China’s domestic production of copper is inadequate relative to demand, according to the authors.
The special report, The Role of Critical Minerals in Clean Energy Transitions , is the most comprehensive global study to date on the central importance of minerals such as copper, lithium, nickel, cobalt and rare earth elements in a secure and rapid transformation of the global energy sector. Source: IEA. Source: IEA.
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. One of the top 5 globalwind turbine OEMs. Today, these magnets rely on rare earth elements. 2019.165962.
and Sumitomo Corporation announced an agreement to diversify and strengthen rare earth supplies in Japan. Further, the companies will collaborate on the supply of rare earth metals and other products. The effort to electrify and decarbonize the global economy is causing demand for rare earths to grow rapidly, outpacing new supply.
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.
Rare earth products are widely used in the generation of renewable energy and in zero-low emissions transport, via the use of rare earth permanent magnets in wind turbines and in the drivetrains of hybrid and electric vehicles.
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.
E-Fuels company HIF Global, together with partners, authorities, and community representatives, celebrated the production of the first liters of synthetic gasoline at the Haru Oni Demonstration Plant in southern Chile. Haru Oni will produce green hydrogen via electrolysis using renewable energy from the wind. Earlier post.).
Surging global demand for electric vehicles (EVs) and other motorized devices has highlighted global dependency on the unsustainably-produced rare earth materials currently required for the magnets needed in electric drivetrains and motors. The company’s second-generation magnet will offer a magnetic field strength of 1.5
Ford Motor Company intends to achieve carbon neutrality globally by 2050, while setting interim targets to address climate change challenges more urgently. To achieve its goal, Ford will focus initially on three areas that account for approximately 95% of its CO 2 emissions: vehicle use, its supply base and the company’s facilities.
Energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany.
Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. Initiated by Porsche and implemented with partners including Siemens Energy and ExxonMobil, production of eFuels from hydrogen and CO 2 using wind energy is expected to start there in mid-2022.
Therein lies the real defining challenge and opportunity facing the global rare earth industry today, the company said. from 2015 through 2019, global consumption of NdFeB alloys and powders will drop by 9.3% 6,000 tonnes per annum) that it is simply implausible for the already-lagging supply-side to catch up and keep up. .
This system will be installed in the Eurus Tashirotai Wind Farm by Toyota Tsusho Corporation and Eurus Energy Holdings Corporation, and the four companies will begin a collaborative verification project around fall of this year.
Total visible copper stocks (LME + COMEX + SHFE + Chinese bonded warehouses) amounted to just 560kt at the end of January, noted critical materials supply chain intelligence company Roskill—only 11kt more than the lowest recent stock level of 549kt in December 2019.
The project is a first step toward realizing the 2030 vision of a low-carbon hydrogen supply chain formulated by the Aichi Low-carbon Hydrogen Supply Chain Promotion Association, a body which includes the Aichi prefectural government, companies operating within the prefecture, municipal authorities, and experts. The project.
The program will address vulnerabilities in the domestic critical materials supply chain. Critical materials, which include rare-earth elements, lithium, nickel, and cobalt, are required for manufacturing many clean energy technologies, including batteries, electric vehicles, wind turbines, and solar panels.
The growth of global industrialization, increasing demand on energy resources and rising carbon emissions are deepening the need for energy infrastructure that is increasingly green, distributed, flexible, and resilient. Increasingly, wind and solar are replacing fossil fuels as our principle source of energy.
Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Global power generation mix. Wind and solar grow from 7% of generation today to 48% by 2050.
The ICCT has conducted a comprehensive global and temporal life-cycle assessment of GHG emissions from a variety of alternative passenger car powertrains and fuels. This study uses recent data on industrial-scale battery production and considers regional battery supply chains. Source: The ICCT.
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 global industry to follow.
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. This includes spending on renewables such as wind and solar as well as grid and other infrastructure. The rise of gigafactories.
A new Offshore Wind Installation Vessel (WIV) being built for Dutch contracting company Van Oord at Yantai CIMC Raffles shipyard in China will be powered by five Wärtsilä 32 engines capable of operating with methanol. Furthermore, the globalsupply infrastructure is already established. Van Oord.
The global rare earth market, driven by demand from industries including electric vehicles and offshore wind, is expected to increase five-fold by 2030 and the NdPr oxide price is forecast to increase at a CAGR of 4.8 - 9.9%, underpinning strong economics for the investment. China currently supplies 98% of Europe’s rare earth magnets.
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