The global market for battery energy storage systems (BESS), used for stationary applications, is set to grow by a rate of between 18 and 36 per cent per year and will be dominated by lithium-ion batteries, a recent study published by German Fraunhofer Society finds. Decentralised systems will soon gain importance over centralised systems, like pumped […]
Green Energy
Closing the loop on battery recycling
A novel model developed at the U.S. Department of Energy’s (DOE) Argonne National Laboratory allows industry, the Department and others to gauge the impact of recycling batteries in electric vehicles. It could further energize this market. “Argonne has a long track record of expertise in battery research and development, and now we have added the […]
BMW unveils electric-car plans for 2021 and beyond
BMW unveils its electric-car plans for 2021 and beyond: a modular approach that will let the auto maker, and the driver, adapt to whatever the future might be From 2021, new BMWs will be built on modular platforms capable of accommodating fully electric, plug-in hybrid or internal combustion powertrains. These cars won’t look radically different […]
World’s Biggest Producer Doubles Cobalt Taxes Amid Electric-Vehicle Boom
The Democratic Republic of Congo’s Senate approved legislation that raises taxes and royalties on metals including copper and cobalt under reforms fiercely opposed by the mining industry. The Upper House of Congo’s parliament adopted the law on Wednesday in a form that is “not identical” to that passed by the National Assembly on Dec. 8, […]
Benchmark downplays investor fears of looming lithium oversupply, subsequent price crash
London-based Benchmark Mineral Intelligence has downplayed top-level investor fears this week regarding the potential for lithium market oversupply and an inevitable price crash to follow. The energy metals-focused research company pointed out that rumours about up to 180 000 t/y of added lithium carbonate equivalent (LCE) units coming on line in China over the next 12 months are probably […]
Auckland Transport adds 20 electric vehicles to its fleet
Auckland Transport adds 20 electric vehicles to its fleet Auckland Transport has joined the EV revolution by adding 20 Hyundai Ioniq Electric Vehicles (EVs) to its fleet. This is the single largest EV purchase as part of the Government procurement programme. The cost of the cars and the charging infrastructure is just under $1.2m. Auckland […]
