Tag: Natural resources

As electric vehicle production ramps up worldwide, a supply crunch for battery materials is looming

As car manufacturers ramp up production of electric cars, metals used to make the vehicles’ batteries may face a supply crunch by the mid-2020s, according to a Wood Mackenzie report released Wednesday. Lithium, cobalt, and nickel supplies are expected to be worst hit. As car manufacturers ramp up production of electric cars, the metals used…
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1st August 2019 0

Can Metals Supply Keep Up With Electric Vehicle Demand?

Battery raw materials could face a supply crunch by the mid-2020s. In every electric vehicle (EV) battery, there’s a complex chemistry of metals – cobalt, lithium, nickel and more. The electrification of transport is transforming the demand and supply of those battery raw materials. In fact, we expect to see double-digit growth for battery raw…
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25th July 2019 0

India scrambles to look overseas for rare earths used in EVs

MUMBAI/NEW DELHI — Three Indian state-run companies are forming a joint venture to secure minor metals such as lithium and cobalt that could fuel India’s plan for mass adoption of electric vehicles by 2030. National Aluminum, Hindustan Copper and Mineral Exploration Corp. plan on exploring mines in Argentina, Bolivia, Chile and other countries for metals…
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1st July 2019 0

A 100% renewable grid isn’t just feasible, it’s in the works in Europe

Europe will be 90% renewable powered in two decades, experts say. The myth that a very high level of renewables can’t be integrated into the electric grid is being demolished by the cleantech and battery storage revolution. “By 2040, renewables make up 90% of the electricity mix in Europe, with wind and solar accounting for…
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28th June 2019 0

Clean electricity overtaking fossil fuels in Britain

For the first time since the Industrial Revolution, Britain is obtaining more power from zero-carbon sources than fossil fuels. The milestone has been passed for the first five months of 2019. National Grid says clean energy has nudged ahead with 48% of generation, against 47% for coal and gas. The rest is biomass burning. The…
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21st June 2019 0

Solar, Wind, Batteries To Attract $10 Trillion to 2050, But Curbing Emissions Long-Term Will Require Other Technologies Too

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). In its New Energy Outlook 2019 (NEO), BNEF sees these technologies ensuring that – at least until 2030 – the power sector…
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19th June 2019 0

UK’s biggest battery ever seen to cover area half the size of a football pitch at Glasgow wind farm

‘This is a significant step forward on the road to baseload for renewable energy,’ says ScottishPower chief executive A vast “super battery” is set to be installed at the UK’s largest onshore wind farm where it will store power generated by 215 turbines.  The battery – which will be half the size of a football pitch – has twice the…
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12th June 2019 0