Category: Report

September 10 2020

Japan Dives to Secure Cobalt and Nickel in the Ocean

Japan Oil, Gas & Metals National Corp. (JOGMEC) confirmed that it has conducted the world’s first successful excavation test of a cobalt-rich crust on the seabed in Japan’s exclusive economic zone.

September 10 2020

U.S. Driving Season Suffers Hit From Covid-19 Pandemic

Driving activity in the U.S. has recovered somewhat since the early days of the Covid-19 pandemic, but still rests well below business-as-usual expectations. The recovery is more pronounced in some states than others.

September 3 2020

Vale to Install Brazil’s Largest Battery Storage System

Brazilian mining giant Vale is partnering with Siemens and MicroPower Comerc on a 5MW/10MWh lithium-ion battery system at a large port facility in Rio de Janeiro.

September 3 2020

Chinese Refiners Ramp Up Chemical Feedstocks Amid Covid-19

The supply of petrochemical feedstocks in China has proven resilient throughout the Covid-19 demand shock.

September 3 2020

Energy Policy Shift Unlikely as Japan Ushers in New Leader

Japan is likely to have a new prime minister by mid September after the ruling Liberal Democratic party set the timeline and rules for replacing Shinzo Abe. The leadership shift is unlikely to have much impact on energy policy as the candidates expected to seek the top post haven't staked strong positions.

September 2 2020

U.K.’s New Rules Set Stage for Europe’s Largest Batteries

New rules will relax planning requirements for batteries of more than 50 megawatts (MW) in the U.K., Europe's largest utility-scale battery storage market.

September 1 2020

Downstream Oil Investment Shrugs Off Covid-19

Global oil refining capacity is set to continue to expand despite the demand and price shock caused by Covid-19.

August 20 2020

Waymo, GM Robotaxis Coming to a Street Near You by 2040

Sales of completely autonomous cars will scale rapidly from the mid-2030s, according to BloombergNEF.

August 20 2020

China EV Sales Inch Toward Recovery with 30% Jump in July

Sales of passenger electric vehicles (EV) in China grew by nearly 30% in July from a low base last year, ending a year long decline.

August 13 2020

Power Sector To Spend $5 Billion on Software by 2025

New BloombergNEF research shows that the power sector will spend $3.2 billion on software in 2020 to optimize the performance, costs and revenues of generation and grid assets.