Bojan Stojkovski

Clean energy transition to fuel growth for China’s rare earths sector in 2022

Energy Transition

The world’s dependence on China for rare earth elements has steadily decreased, but the nation is predicted to increase production, exports, and price for the commodity group through 2022, owing to rising global demand for renewable energy, spglobal.com writes. China has historically wielded considerable power in the rare earths market, but its share of global …

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China is the leader both in terms of existing low-carbon energy capacity and the future of hydropower in terms of its annual commissioning.

Switzerland to rise incentives for clean energy

Sustainability

The Swiss government increased its drive to push the nation toward more renewable energy on Thursday, proposing to sweeten incentives for solar panel installation and speed licenses for new hydropower and wind power projects, Reuters reports. With the majority of Switzerland’s hydroelectric growth potential already used, the government is focusing on increasing wind and solar …

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Electric vehicle sales to hit 10 million in 2022

General Motors to power three automotive plants with clean energy

Innovation & Technology

General Motors announced Feb 2 a new agreement to use sustainable energy to power Michigan automobile operations in Flint, Burton, and Wyoming. General Motors collaborated on the idea with Consumers Energy, environmentalleader.com writes. This move gets General Motors one step closer to meeting its goal of procuring 100 percent renewable energy in the United States by …

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Cisco Systems, a technology powerhouse, and LAN pioneer has established net-zero emission objectives for 2040 as part of its bold and successful ESG efforts, Sustainability Mag reports.

Renewable energy slashed down the power bills for Australian households

Sustainability

According to a survey, a flood of renewable energy has helped drive down household power bills to their lowest levels in over a decade, implying that Australia has some of the cheapest electricity in the world. According to new research by the Australian Energy Council (AEC), which represents major power suppliers, average home power bills …

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EU to classify gas, nuclear energy as green transitional energy sources

Finance & Investment

A legislative document showed that the European Commission (EC) had classified nuclear and natural gas energy as transitional green energy sources that contribute to a carbon-free economy. “The European Commission believes that there is a role for private investment in gas and nuclear energy during the transition period,” the document says. In particular, it also …

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China carbon emissions

EU met 2020 renewable energy target in transport

Climate Change

The EU has fulfilled its 2020 aim of 10% renewable energy consumption in transport (including liquid biofuels, biomethane, and ‘green’ electricity). This aim was introduced in Directive 2009/28/EC on the promotion of renewable energy sources. According to Eurostat statistics, the average proportion of renewable energy in transportation climbed from 1.6 percent in 2004 to 10.2 …

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Daimler Truck, BlackRock and NextEra Energy’s $650M joint venture in electric infrastructure

Finance & Investment

Daimler Truck North America (DTNA), BlackRock Renewable Power, and NextEra Energy Resources intend to invest $650 million in a joint venture to construct charging infrastructure for electric and hydrogen fuel cell medium- and heavy-duty trucks, removing a barrier to wider adoption, prnewswire.com writes. The new charging stations and hydrogen filling stations are aimed at commercial …

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A new way to store sustainable energy: ‘Information batteries’

Innovation & Technology

A future fueled by renewable energy sources might rescue the planet from catastrophic climate change while also lowering electricity expenses. However, renewable energy has an intermittent problem: the sun does not generate electricity at night, and winds might quit abruptly. Furthermore, electricity networks must maintain a balance between supply and demand to avoid surges and …

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