We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 21 August 20
323 MILLION ELECTRIC VEHICLES WILL BE ON THE ROADS BY 2040 - WOOD MACKENZIE
 Electric vehicle (EV) sales are expected to reach 45 million units per year by 2040, with a total global EV stock of 323 million, according to new research from Wood Mackenzie.
Both projections have been revised down 2% when compared to Wood Mackenzie's pre-coronavirus forecast, with the pandemic delaying total vehicle sales by two years.
Responses to the pandemic from China and Europe have strongly supported a green recovery, whereas the US response has not been as favourable to transport electrification.
“Despite EV stock growing to 35 times its current size, the transport emissions curve will flatten and not fall. The global CO2 emissions contribution of transport will increase by 1.3 megatons between now and 2040.
“Major automakers have set their sights on being climate neutral by 2050 and view battery electric vehicles (BEVs) as the strongest lever to achieving that target,” said Ram Chandrasekaran, Wood Mackenzie Principal Analyst.
Commercial EV adoption has fewer barriers than passenger EV adoption and will be driven by cost rather than emissions regulations.
One of the major drivers of increasing passenger car EV adoption is the strict regulatory targets mandated globally.
In their effort to meet the targets, automakers must manufacture an increasing number of EVs that are favoured by existing mechanisms for measuring emissions. The regulations for commercial vehicles, however, are more lenient.
Wood Mackenzie expects commercial EV adoption to see a step change when the total cost of ownership becomes favourable to EVs in the segment. Commercial EV sales are projected to top 5.5 million a year by 2040, with global stock hitting 40 million by the same year.
“Electric buses in China have represented the entirety of commercial EVs for the past few years. Buses will lead the electrification of the global commercial segment until 2026. Post-2026, light-duty trucks will take over the charge.
“Unlike retail customers, fleet owners are well versed in the capital and operational expenses of their vehicles. They also have well-defined operating routes, as well as overnight parking locations.
“Electrification of the US pick-up truck market is hotly contested with several new players including Rivian, Bollinger, Lordstown Motors and Nikola receiving significant funding and each having at least one product on sale in the next two years,” added Chandrasekaran.
A lack of EV charging infrastructure and the high price of electric cars have been widely cited as barriers to widespread EV adoption. However, Wood Mackenzie sees progress on both fronts.
“The projected price of battery packs keeps dropping. We expect the US$100/KWh threshold to be breached by 2024, one year earlier than our previous projections.
“Cumulative residential and public charging points are projected to grow to 32.5 million and 5.4 million outlets by 2030 and will have an investment value of US$2.7 billion and US$3.3 billion, respectively,” said Chandrasekaran.
Source: Wood Mackenzie
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
|
|
|
Showing 31 to 35 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- Makarim & Taira - Indonesia
- Wilmar Investment Holdings
- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Rio Tinto Coal - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- The University of Queensland
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Madhucon Powers Ltd - India
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Mjunction Services Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Tamil Nadu electricity Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Medco Energi Mining Internasional
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Star Paper Mills Limited - India
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- India Bulls Power Limited - India
- Iligan Light & Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- Minerals Council of Australia
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- Borneo Indobara - Indonesia
- McConnell Dowell - Australia
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
|
| |
| |
|
