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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

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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. trillion in 2022, IRENA said.

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US DOE releases national clean hydrogen strategy and roadmap

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Deployments of clean hydrogen to decarbonize industry, transportation, and the power grid can enable 10 MMT/year of demand by 2030, ~20 MMT/year of demand by 2040, and ~50 MMT in 2050. Source: DOE. It also complements the massive $9.5-billion It also complements the massive $9.5-billion

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Unifrax to build large-scale silicon fiber anode manufacturing line

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The proven industrial-scale processes eliminate supply chain concerns over mass adoption. Along with greater energy density, SiFAB is expected to provide faster charges and longer battery life for applications including electric vehicles, portable electronics, power tools, energy grid storage and aerospace. Source: Unifrax.

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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

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A green industrial policy focused on batteries with EU-wide support for scaling up production is urgently needed to react to US subsidies and China’s years of dominance. A central fund accessible to all member states should prioritise battery value chains, renewables and smart grids. Europe must act or risk losing it all.

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kWh Billing and New EV Charging Tax Policies: What You Need to Know

Blink Charging

As both EV adoption increases and internal combustion engine vehicles have become more fuel efficient, states are seeking to offset lost revenue from the gas tax. With states enacting new kWh taxes on EVs and EV charging, we want to make sure you have the right information. By the end of 2022, there were 2.7

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Proposed California Bill SB-233 Mandates Bidirectional Charging for EVs to Advance Grid and Climate Protection

Driivz

The bill, SB-233 , aims to advance grid resilience and protect the climate by using EVs as “batteries on wheels,” tapping their stored energy to balance electricity supply and demand rather than bringing high-polluting peak generators online. Vehicle-to-building works much the same way but on a larger scale.

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CPUC proposes revising Net Energy Metering rules to push customers to install storage with rooftop solar

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Now that California has nearly 25 gigawatts (GW) of solar on its grid, needs have shifted, according to the California Public Utilities Commission (CPUC). It is now essential to address grid reliability shortfalls during “net peak” hours in the early evening when the sun is down and the grid has to rely on fossil fuels to meet demand.

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