Demand for lithium from the EV industry is growing rapidly as the energy transition moves forward. One of the interesting things for the U.S., is that the production of EV batteries for this industry is being onshored, partly due to the growing market and partly due to provisions of the recently enacted IRA place sourcing […]
ICE car bans: What? Where? When?
Internal combustion engine (ICE) vehicles have been commercially available since the late 1800s when Carl Benz patented the now historic Benz Patent Motor Car, model no. 1, and for over 100 years they have been integral to transportation around the world. But now with the world advancing with energy transition, we are seeing steps towards […]
Energy security over energy transition
From the start of the Russia-Ukraine war, we have seen global interest fragment across both energy transition and energy security. With several countries being overly reliant on Russian oil and gas, we saw a return to energy sources that the world had been weaning off. For example, Exhibit 1 shows how coal, oil, and nuclear […]
The European IRA
President Joe Biden kicked off the decarbonization race by signing two monumental pieces of legislation: the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA), which designated $370 billion in new funding for green infrastructure. In response, the European Commission recently announced the Green Deal Industrial Plan (GDIP). The plan will divert […]
Water and batteries supporting the grid
One of the biggest challenges to renewable energy projects is the intermittency of these resources; the sun doesn’t always shine, and the wind doesn’t always blow. These challenges have been made apparent around the world from wind droughts in Europe to winter storms in Texas. One solution to this challenge is expanding grid-scale energy storage […]
Renewables versus fossil fuels: Who is winning the funding battle?
Following the pandemic-induced recession and drop in investments in 2020, global investments in energy have increased. Investments in both fossil fuels and renewables have steadily increased, with renewable energy gaining the most. In fact, investments in renewable energy (solar and wind) are set to surpass oil and gas for the first time ever, with $494 […]
2023 Energy Transition Outlook: A transformative year
The energy transition continued to move full steam ahead in 2022 with passage of the Inflation Reduction Act (IRA) in August 2022 kicking it into full gear. This monumental legislation supplemented the previous Infrastructure, Investments and Jobs Act (IIJA), passed in 2021 and provided unprecedented funding to clean energy and climate initiatives. These incentives include […]
New materials and chemistries for lithium-ion batteries
The surging prices and demand for lithium-ion batteries (LiBs) are a matter of concern for their end-use markets such as critical infrastructure, automotive electrification, renewables, and other smart devices. What makes LiBs a preferable choice is their longer life spans, faster charging, size customizability, low self-discharge rate, and extended run times. Surging LiBs prices and […]
LNG market opportunities in the Philippines
A key growth driver behind liquefied natural gas (LNG) demand has been environmental policy and regulatory pressure driven by decarbonization and air quality improvement goals. The Paris Agreement signed in 2016 aims to restrict greenhouse gas (GHG) emissions and slow the global temperature rise to 2 °C above pre-industrial levels. The Philippines is one of […]
Going Blue: Advancing direct air capture
One of the biggest challenges to direct air capture (DAC) has been the costs, as discussed in our previous blog that can be found here. Notable interest in carbon capture and DAC from both the public and private sector are providing new funding and incentives to promote the advancement of these technologies. Numerous projects are […]
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