Energy – Morris Young Motors http://morrisyoungmotors.com/ Thu, 25 Nov 2021 12:20:27 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://morrisyoungmotors.com/wp-content/uploads/2021/10/icon-1.png Energy – Morris Young Motors http://morrisyoungmotors.com/ 32 32 Alfa Laval and Orcan Energy sign a cooperation agreement for the maritime market https://morrisyoungmotors.com/alfa-laval-and-orcan-energy-sign-a-cooperation-agreement-for-the-maritime-market/ Thu, 25 Nov 2021 12:20:27 +0000 https://morrisyoungmotors.com/alfa-laval-and-orcan-energy-sign-a-cooperation-agreement-for-the-maritime-market/ Alfa Laval and Orcan Energy sign a cooperation agreement for the maritime market Alfa Laval and Orcan Energy have signed a cooperation agreement for the sale of marine energy efficiency solutions based on Orcan’s organic Rankine cycle (ORC) technology. Decarbonizing the maritime industry by 2050 will require not only new fuels, but also new technologies […]]]>

Alfa Laval and Orcan Energy sign a cooperation agreement for the maritime market

Alfa Laval and Orcan Energy have signed a cooperation agreement for the sale of marine energy efficiency solutions based on Orcan’s organic Rankine cycle (ORC) technology. Decarbonizing the maritime industry by 2050 will require not only new fuels, but also new technologies and a new approach to meeting the energy needs on board. In addition to pursuing related development initiatives, Alfa Laval is establishing partnerships that will accelerate the industry towards its decarbonisation and energy efficiency goals. The last partnership is a collaboration with Orcan Energy.

Founded in 2008, the leading clean technology company Orcan Energy develops and manufactures ORC solutions for the direct conversion of waste thermal energy into electricity. The company’s products can be found in a variety of industries and are the most widely used solution for low temperature waste heat recovery. Under the new cooperation agreement, the company’s technology will be marketed and sold by Alfa Laval in the maritime market.

Alfa Laval, whose innovative plate heat exchangers are an integral part of Orcan Energy’s products, will continue to develop and market renowned ORC solutions as part of its comprehensive portfolio of marine equipment.

“Strategic cooperation is an important part of our commercialization strategy,” said Dr Andreas Sichert, CEO of Orcan Energy. “Alfa Laval, as a trusted global supplier with over 100 years of maritime experience, is a solid partner and the right choice for the implementation of ORC technology in the maritime industry. The partnership has a major impact, supporting the growing need of ship operators for solutions to decarbonize their ships. “

“As the maritime industry continues to decarbonize and transition to new fuels, a wide range of technologies will be needed to improve fuel efficiency and maintain energy balance on board,” said Lars Skytte Jørgensen, Vice President technological development, energy systems, Alfa Laval Marine Division. “Solutions need to be available quickly, which requires us to work together across the industry. Orcan Energy shares our determination to provide comprehensive and reliable energy solutions to maritime customers.

It’s Alfa Laval
Alfa Laval is active in the fields of energy, marine and food and water, offering its expertise, products and services to a wide range of industries in around 100 countries. The company is committed to optimizing processes, creating responsible growth and driving progress, always going the extra mile to help customers achieve their business and sustainability goals.

Alfa Laval’s innovative technologies are dedicated to the purification, refining and reuse of materials, promoting a more responsible use of natural resources. They help improve energy efficiency and heat recovery, improve water treatment and reduce emissions. In this way, Alfa Laval not only accelerates the success of its customers, but also that of people and the planet. Make the world a better place, every day. It’s about Advance Better ™.

Alfa Laval has 16,700 employees. Annual sales in 2020 amounted to SEK 41.5 billion (around € 4 billion). The company is listed on the Nasdaq OMX.

www.alfalaval.com

About Orcan Energy
Orcan Energy AG is Europe’s leading CleanTech company that develops, manufactures and markets efficient energy solutions based on organic Rankine cycle technology for the conversion of waste heat into electricity. Orcan Energy AG was founded in 2008 by Dr Andreas Sichert, Dr Andreas Schuster and Richard Aumann with the aim of offering companies in different industrial sectors a simple, economical and efficient energy solution that exploits the enormous energy potential of the unused industrial waste heat. sources. Orcan Energy customers benefit from clean energy at the lowest electricity production costs in the world. Given the enormous global potential for waste heat, the company sees itself as an important player in the energy world of tomorrow.

Orcan Energy AG has sold 500 units worldwide to date. This makes Orcan Energy Efficiency PACKs the most widely used low temperature installation in the world. For the development of new sales markets, Orcan Energy has cooperations with strong partners such as E.ON for the industrial sector and with MAN SE for engine applications. In Asia, Orcan Energy has established a joint venture with VPower Group International Holdings LTD, China’s leading integrated power generation company, and CITIC Pacific Ltd, a financially strong company. Orcan Energy AG employs 60 people and is headquartered in Munich, Germany.

You can find more information about the company, products, range of services and careers at Orcan at www.orcan-energy.com


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Saudi Aramco plans new investments in India after deal with Reliance, Energy News, ET EnergyWorld breaks https://morrisyoungmotors.com/saudi-aramco-plans-new-investments-in-india-after-deal-with-reliance-energy-news-et-energyworld-breaks/ Tue, 23 Nov 2021 02:17:00 +0000 https://morrisyoungmotors.com/saudi-aramco-plans-new-investments-in-india-after-deal-with-reliance-energy-news-et-energyworld-breaks/ New Delhi: Saudi Aramco said it would continue to seek investment opportunities in India, days after Reliance Industries Ltd abandoned a plan to sell a stake in its petroleum-to-chemicals unit to the Middle Eastern company. “India offers huge opportunities for long-term growth,” Aramco said in a statement Sunday. He “will continue to assess new and […]]]>
New Delhi: Saudi Aramco said it would continue to seek investment opportunities in India, days after Reliance Industries Ltd abandoned a plan to sell a stake in its petroleum-to-chemicals unit to the Middle Eastern company.

“India offers huge opportunities for long-term growth,” Aramco said in a statement Sunday. He “will continue to assess new and existing business opportunities with our potential partners.”

Aramco signed a non-binding letter of intent in August 2019 for a potential 20% stake in Reliance’s oil-to-chemicals unit, valued at around $ 15 billion. Reliance said the companies would pull out of the deal on Friday.

“Reliance and Aramco have a long-standing relationship and will continue to seek investment opportunities in India,” said Aramco.

Reliance, in its statement, also said it would continue to be Aramco’s preferred partner in India and that it “has committed” to a pact with the company, without specifying further.

As recently as June of this year, Reliance said it plans to finalize the investment deal with Aramco and appointed the latter’s chairman, Yasir Al-Rumayyan, as an independent director on its board of ‘administration.

This rekindled hopes for a deal after Mukesh Ambani, Asia’s richest person, said in 2020 that the pandemic and its impact on fuel demand created obstacles for the deal.


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Government orders airlines and ground handlers to use energy efficient equipment https://morrisyoungmotors.com/government-orders-airlines-and-ground-handlers-to-use-energy-efficient-equipment/ Sat, 20 Nov 2021 14:01:00 +0000 https://morrisyoungmotors.com/government-orders-airlines-and-ground-handlers-to-use-energy-efficient-equipment/ The Ministry of Civil Aviation has asked airlines and ground handling companies (GH) to phase out airport equipment over twelve years old and switch to electric or fuel-efficient variants by May 2022 . While companies praised the ministry’s green initiative, they said the implementation timeline is tight, especially following the financial challenges facing the aviation […]]]>

The Ministry of Civil Aviation has asked airlines and ground handling companies (GH) to phase out airport equipment over twelve years old and switch to electric or fuel-efficient variants by May 2022 .

While companies praised the ministry’s green initiative, they said the implementation timeline is tight, especially following the financial challenges facing the aviation industry during the pandemic.

Ground assistance covers functions such as check-in, passenger boarding, cargo loading and unloading, aircraft cleaning, etc. While domestic airlines are allowed to perform self-handling, foreign airlines are dependent on GH companies.

Airlines and GH companies use motorized and non-motorized equipment such as low-floor buses, step ladders, pushback tugs, cargo loaders, baggage tractors, pallet trucks, tow bars , among others.

“It has been decided that all GH agencies and self-handling airlines at airports with passenger movements of more than 3.5 million passengers per year will have to comply with the minimum equipment standard. and ground support vehicle, ”the civil aviation ministry said in a November statement. 1 order. The order would cover around twenty-five major airports in the country.

He said the decision was taken in order to ensure the use of state-of-the-art equipment and best practices in accordance with the International Air Transport Association’s Airport Management Manual, as well as to maintain an environmentally friendly environment. environment in airports. All self-handling companies and airlines in GH must ensure strict adherence to the minimum standards for ground support equipment (GSE) and vehicles within six months.

According to the decree, the maximum age limit for GSEs will be twelve years. Refurbished equipment will also not be allowed under any circumstances, he said. The government also wants companies to install electrical equipment or use diesel vehicles that meet Bharat-VI emission standards.

“After a careful assessment of the guidelines for our equipment, we will submit a feasibility report to the ministry. As IndiGo is committed to sustainable growth, we have already implemented a switch from diesel-powered GSEs to electric GSEs at various airports, ”said a spokesperson for the airline.

R Ramana, Director and CEO of GH AISATS, said: “The standards will force us to make investments of millions of dollars. Equipment such as pushback tractors or low loaders (pallet loaders) are made to order. Usually it takes 6-8 months to receive them after placing an order. The intention of the policy is correct. Each airport in the country came with its own policy, so common standards will help. But its implementation schedule needs to be extended and adapted so that airlines and ground handling companies are able to meet the conditions based on the implications of capital spending. “

AISATS is one of two GH companies owned by Air India and operates at five airports. AISATS is in the process of being acquired by the Tata group with the airline. The other company AI Airport Services Limited operates at the other airports. Its CEO, Rambabu CH, said the government issued the order based on recommendations from GH agencies, but called for an extension of the six-month deadline due to the funds crisis facing the company. .

“Overall, it is a good policy that will lead to the standardization of equipment, bring it up to international standards and, above all, help reduce pollution. We welcome the initiative. There are still some challenges. One is the ability to implement as stated due to the unavailability of electrical versions of some specialized equipment. Second, the time it takes for the entire industry to switch. The Ground Handling Association will make a representation to the government regarding these points, ”said Murali Ramachandran, Indian CEO of Celebi Aviation Holding, a GH

agency.

“We have moved to electric units while making new investments over the years. All of our baggage tractors are electric. Many luggage loaders and passenger ladders are electrically powered. We have also invested in robot taxis (which allow planes to run without an engine), ”added Ramachandran.

Industry sources also point out that an adequate number of charging points will also need to be provided at airports to support the use of electrical ground assistance equipment.

Some heavy equipment such as low loaders can also be refurbished and used for up to twenty years if refurbished according to the recommendations of the original equipment manufacturers. The policy could likely allow the use of equipment of this value that is refurbished and certified safe for use by OEMs, a source said.

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Heliogen and Bloom Energy Demonstrate Low Cost Green Hydrogen Production; concentrated solar electrolysis and high temperature https://morrisyoungmotors.com/heliogen-and-bloom-energy-demonstrate-low-cost-green-hydrogen-production-concentrated-solar-electrolysis-and-high-temperature/ Thu, 18 Nov 2021 10:41:15 +0000 https://morrisyoungmotors.com/heliogen-and-bloom-energy-demonstrate-low-cost-green-hydrogen-production-concentrated-solar-electrolysis-and-high-temperature/ Heliogen and Bloom Energy have succeeded demonstrated production of green hydrogen by integrating company technologies: Heliogen’s concentrated solar energy system and the Bloom electrolyser. Heliogen’s AI-enabled concentrated solar power system is designed to create carbon-free steam, electricity and heat from abundant, renewable sunlight. When combined with Bloom’s proprietary solid oxide high temperature electrolyzer, hydrogen can […]]]>

Heliogen and Bloom Energy have succeeded demonstrated production of green hydrogen by integrating company technologies: Heliogen’s concentrated solar energy system and the Bloom electrolyser.

Heliogen’s AI-enabled concentrated solar power system is designed to create carbon-free steam, electricity and heat from abundant, renewable sunlight. When combined with Bloom’s proprietary solid oxide high temperature electrolyzer, hydrogen can be produced 45% more efficiently than low temperature PEM and alkaline electrolyzers.

Electricity represents nearly 80% of the cost of hydrogen from electrolysis. By using less electricity, hydrogen production is more economical and speeds up adoption. In addition, the ability to use heat, which is a much cheaper source of energy than electricity, further improves the profitability of green hydrogen production.

Heliogen’s concentrated solar technology is different from traditional photovoltaic solar energy; it facilitates the production of hydrogen for longer periods, operating nearly 24/7 by storing solar energy, resulting in more compact and lower cost production. Heliogen’s extended uptime technology and Bloom Energy’s ability to efficiently use heat are designed to lower the cost of green hydrogen production compared to competitive solutions.

Source: Héliogene


Bloom Energy officially introduced The Bloom Chlorinator in July 2021. The Bloom Chlorinator is based on the same patented and commercially proven solid oxide technology platform used by Bloom Energy Servers to provide on-site electricity with high energy efficiency. Highly flexible, the electrolyzer offers unique advantages for deployment in a wide variety of hydrogen applications, using multiple energy sources, including intermittent renewable energy and excess heat.

Because it operates at high temperatures, the Bloom electrolyzer requires less energy to break down water molecules and produce hydrogen. As a result, Bloom Energy’s electrolyzer uses 15% less electricity than other electrolyzer technologies to produce hydrogen when electricity is the only input source.

Unlike low temperature, alkaline PEM electrolysers which primarily require electricity to produce hydrogen, the Bloom electrolyzer can take advantage of both electricity and heat to produce hydrogen. Bloom Energy’s high temperature electrolyzer technology has the potential to use up to 45% less electricity when integrated with external heat sources than low temperature PEM and alkaline electrolyzers.

Hydrogen use is expected to increase from 115 million metric tonnes currently to 500-800 million metric tonnes per year by 2050, which represents 15-20 percent of total global energy demand. Already announced hydrogen projects represent more than $ 300 billion in spending across the value chain, and analysts at McKinsey & Company expect at least $ 150 billion of that spending to be linked. hydrogen production, which Heliogen and Bloom Energy are tackling as part of their collaboration.

Helogen

Source: Héliogene


The companies said their successful demonstration is an important step towards the goal of replacing fossil fuels with green hydrogen in commercial and industrial applications. Responsible for more than a third of global energy consumption and a quarter of global CO22 emissions, industrial companies are particularly well suited to low-cost, large-scale use of hydrogen given their high energy needs and significant carbon emissions.

Our demonstration project with Bloom Energy represents an important step towards the large-scale production of green hydrogen, which will play an important role in the decarbonization of heavy industry. Following this successful integration of Heliogen’s near 24/7 solar steam generation with the Bloom electrolyser, we anticipate that commercial projects will also use Heliogen technology to deliver their electrical power, providing 100 percent of the thermal and electrical energy required to produce green hydrogen. .

—Bill Gross, Founder and CEO of Heliogen

Heliogen and Bloom Energy plan to continue their testing efforts and look forward to sharing more information at a future date.


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Analyst Notes for Valero Energy – Valero Energy Corp. (VLO) https://morrisyoungmotors.com/analyst-notes-for-valero-energy-valero-energy-corp-vlo/ Mon, 15 Nov 2021 17:00:00 +0000 https://morrisyoungmotors.com/analyst-notes-for-valero-energy-valero-energy-corp-vlo/ In the past 3 months, 6 analysts have published their opinion on the Valero Energy share (NYSE: VLO). These analysts are typically employed by large Wall Street banks and tasked with understanding a company’s operations in order to predict how a stock will trade over the coming year. Bullish Rather bullish Indifferent A little bearish […]]]>

In the past 3 months, 6 analysts have published their opinion on the Valero Energy share (NYSE: VLO). These analysts are typically employed by large Wall Street banks and tasked with understanding a company’s operations in order to predict how a stock will trade over the coming year.

Bullish Rather bullish Indifferent A little bearish Bearish
Total scores 2 4 0 0 0
Last 30 days 0 1 0 0 0
There is 1 M 2 1 0 0 0
There are 2 M 0 1 0 0 0
There are 3M 0 1 0 0 0

These 6 analysts have an average price target of $ 92.17 from Valero Energy‘s current price of $ 76.57, which implies a rise.

Below is a summary of how these 6 analysts have rated Valero Energy over the past 3 months. The higher the number of bullish ratings, the more positive analysts are on the stock and the higher the number of bearish ratings, the more negative analysts are on the stock.

This current average is up 4.5% from the previous average price target of $ 88.20.

Ratings come from analysts or specialists in banking and financial systems who publish reports for specific stocks or defined sectors (usually quarterly for each stock). Analysts typically get their information from conference calls and company meetings, financial statements, and conversations with important insiders to make their decisions.

Some analysts also offer forecasts for useful metrics such as earnings, income, and growth estimates to provide additional guidance on what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only predict their beliefs from traders.

This article was generated by Benzinga’s automated content engine and edited by an editor.


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Latest Research Report On Supercapacitors Market https://morrisyoungmotors.com/latest-research-report-on-supercapacitors-market/ https://morrisyoungmotors.com/latest-research-report-on-supercapacitors-market/#respond Wed, 10 Nov 2021 05:37:24 +0000 https://morrisyoungmotors.com/latest-research-report-on-supercapacitors-market/ Supercapacitors market research report provides details about industry chain structure, market competition, market size and share, SWOT analysis, technology, cost, raw material, consumer preferences, development and trends, regional forecast, company and profile and products and services. The Global Supercapacitor market The report combines a comprehensive analysis of foreign markets with new information on the target […]]]>

Supercapacitors market research report provides details about industry chain structure, market competition, market size and share, SWOT analysis, technology, cost, raw material, consumer preferences, development and trends, regional forecast, company and profile and products and services.

The Global Supercapacitor market The report combines a comprehensive analysis of foreign markets with new information on the target industry. Market size, driving forces and vulnerabilities, major players, overview of segments, and geographic perspective are among the variables addressed in the study. It also contains data on the business environment, value / volume results, marketing tactics and expert knowledge. The research also examines the importance of fields and evidence for prediction, as well as their various aspects. The report also includes company profiles, specifications, product photos, capacity, price, cost, revenue, growth, and contact details of the major global industry players in the global supercapacitors market.

Download a sample copy of the report to understand the structure of the full report (including full table of contents, table and figures) @ https://globalmarketvision.com/sample_request/21115

Leading companies in the global supercapacitor market are likely to increase competition in the market due to the technological advancements they bring to the industry through exhaustive investments in research and development.

Some of the major players in the Global Supercapacitor Market are company coverage (Company Profile, Revenue, Price, Gross Margin, Major Products etc.):

Maxwell, Panasonic, Ningbo CRRC New Energy Technology, LS Mtron, Nippon Chemi-Con, AVX, ELNA, Supreme Power Solutions, KEMET, Samwha, Jianghai Capacitor, Man Yue Technology Holdings Limited (Samxon), Ioxus, Jinzhou Kaimei Power, Beijing HCC Energy, Skeleton Technologies, VINATech, Cornell Dubilier Electronics, Inc., Yunasko, Shanghai Aowei Technology, Shandong Goldencell Electronics Technology Co., Ltd., CAP-XX.

The purpose of qualitative research, on the other hand, is to offer descriptive data to report readers. The qualitative methodologies used in the study were Porter’s five forces, PESTEL, SWOT and the feasibility analysis. Customers can use it to learn more about drivers, restraints, challenges, and opportunities in the Supercapacitors market. The study also contains important data on the product offerings, as well as the suppliers and distributors in the market. The study also includes a brief description of end user industries and demand forecasts.

Global segmentation of the supercapacitors market:

By type

Double Layer Capacitors, Pseudocapacitors, Hybrid Capacitors, Composite Hybrids, Asymmetric Hybrids, Battery Type Hybrids

By application

Laptop computer, Audio system, Camera, Solar watch, Smoke detector, Emergency power supply, Motor, UPS, Bus

The regional analysis of the supercapacitors market includes:

  • Asia Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia and Australia)
  • Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
  • North America (United States, Mexico and Canada.)
  • South America (Brazil etc …)
  • The Middle East and Africa (GCC countries and Egypt.)

This report on Global Supercapacitors Market is a comprehensive research study which helps to get answers to relevant questions regarding development trends and growth opportunities in this specific industry. It helps in identifying each of the salient obstacles to growth besides recognizing trends within various application segments of the global Supercapacitors market.

COVID-19 immediately put an end to many commercial activities around the world, as several countries had closed their ports. Activities. Over a period, this had a negative impact on sales and revenue.

Some of the key questions this report answered:

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  • What will be the cost structure, price analysis, and project economics for the global supercapacitors market?
  • What will be the geographic segmentation, regional outlook of the global Supercapacitors market?
  • What are the sales volume, revenue, and price analysis of the major manufacturers of the Supercapacitor market?
  • What are the opportunities and threats in the Supercapacitor market faced by the vendors in the global Supercapacitor market?

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  • This report helps in understanding where the market opportunities will be.
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The report conclusion leads to the overall scope of the Global Market with respect to feasibility of investments in various market segments along with a descriptive passage that describes the feasibility of new projects that may be successful in the Global Supercapacitors Market in the near future. to come up. The report will help to understand customer requirements, uncover problems and the possibility to go further, and help in the basic way of leadership of any organization. It can guarantee the success of your promotional attempt, helps reveal the customer’s competition, giving them a head start and limiting losses.

If you have any special requirements, please let us know and we will offer the report to you at a custom price.

About Global Market Vision

Global Market Vision is made up of an ambitious team of young, experienced people who focus on the details and deliver the information according to the client’s needs. Information is vital in the business world and we specialize in disseminating it. Our experts not only have in-depth expertise, but can also create a comprehensive report to help you grow your own business.

With our reports, you can make important tactical business decisions with the confidence that they are based on accurate and well-founded information. Our experts can allay any concerns or doubts about our accuracy and help you tell the difference between reliable and less reliable reports, reducing the risk of making decisions. We can make your decision-making process more precise and increase the likelihood of your goals succeeding.

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Franks: Energy – America has it, we should keep using it https://morrisyoungmotors.com/franks-energy-america-has-it-we-should-keep-using-it/ https://morrisyoungmotors.com/franks-energy-america-has-it-we-should-keep-using-it/#respond Sun, 07 Nov 2021 04:19:46 +0000 https://morrisyoungmotors.com/franks-energy-america-has-it-we-should-keep-using-it/ Today, the United States is being asked to stop using one of our God-given treasures – our natural resources that produce energy, the driving force behind our economic engine. Who is asking us to do this? Countries ruled by European nations which do not have a large number of natural energy-producing resources. Hmm. America has […]]]>

Today, the United States is being asked to stop using one of our God-given treasures – our natural resources that produce energy, the driving force behind our economic engine. Who is asking us to do this? Countries ruled by European nations which do not have a large number of natural energy-producing resources. Hmm.

America has been blessed with rich soil and natural resources that can produce a variety of delicious foods and energy, respectively. We should be very grateful.

From 1997 with the Kyoto Protocol, a new industry / movement developed based on the claim that humans can significantly and dramatically affect temperature or weather.

Republicans believe in science and believe in protecting our environment. We all believe and understand that humans can cause problems to our environment – air pollution, smog, toxic landfills, oil spills and their environmental impact, polluted rivers and oceans, water contaminated drinking, are all evidence of man-made problems which, to a degree, we have solved. But the other side, I would joke, would probably profess that the floods that Noah faced were caused by global warming.

Not using the God-given resources that have helped make our nation great and provide millions of jobs seems irrational. It would be like playing a game of cards and returning all your aces because the people and countries that lack aces have convinced you that aces are bad. The result? We lose if other countries don’t give up their aces.

The leaders of some of the biggest producers of greenhouse gas emissions, China and Russia, have decided not to attend the last major climate summit in Glasglow, Scotland. What message does it send? Without a truly dedicated China, Russia, India, Brazil and other major industrialized countries alongside the United States, the desired climate change goals cannot be achieved.

The willingness to spend hundreds of billions of dollars to change the country’s economy is a huge gamble when you cannot control the actions of other countries or establish an enforcement mechanism to penalize countries that fail to develop and to implement a realistic plan to reach net zero emissions by a certain date.

Since the signing of the Paris Agreement in 2015, the rating that the agreement would likely get objective observers for the first five years would be an F for failure. Yet the Build Back Better plan would seek to spend half a trillion dollars in part through corporate social spending in an effort to tackle climate change by seeking to phase out fossil fuels and establish new ways of producing gas. energy Americans desperately need. We can’t forget Solyndra’s $ 570 million renewable energy investment that was funded by the federal government and botched when Biden was vice president.

In 2019 and 2020 America has become a net exporter of energy, but now we plead with other countries for fossil fuels and crude oil as prices at the pump skyrocket.

On energy, we should be full. We should not be trying to destroy or kill our fossil fuel industries. We should implore them to do better as they have done over the decades. They must continue to conserve and develop nuclear and hydroelectricity. We’ve been doing both for decades without the Build Better plan.

There are no carbon emissions in nuclear power. It is the largest source of clean energy in the country and already provides more than half of the country’s emission-free electricity. Here, too, we need to make improvements and reduce their costs while speeding up the construction of smaller nuclear generation systems.

We are America. We don’t need to follow those whose agendas may not be in line with promoting America’s greatness. Finally, we must not give China, or any other nation, any competitive advantage. We are not good enough to win with a hand tied behind our back. We are the world’s No. 1 in energy production and nothing should allow us to move away from this position.


Gary Franks served three terms as the United States Representative for Connecticut’s 5th District. He was the first black Republican elected to the House in nearly 60 years and the first black New England member of the House. He is the host of the “We Speak Frankly” podcast.


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Commentary: Washington’s current energy strategy needs to be rethought https://morrisyoungmotors.com/commentary-washingtons-current-energy-strategy-needs-to-be-rethought/ https://morrisyoungmotors.com/commentary-washingtons-current-energy-strategy-needs-to-be-rethought/#respond Fri, 05 Nov 2021 23:24:00 +0000 https://morrisyoungmotors.com/commentary-washingtons-current-energy-strategy-needs-to-be-rethought/ By Don Brunell For years, Washington state has masked its high commercial and regulatory costs with largely reliable, low-cost electricity. However, Tennessee offers reliable, low-cost electricity and a very favorable business climate to attract $ 1 billion in new investment in the auto industry. Today, electricity costs are higher than ever and investors want CO2-free […]]]>

By Don Brunell

For years, Washington state has masked its high commercial and regulatory costs with largely reliable, low-cost electricity. However, Tennessee offers reliable, low-cost electricity and a very favorable business climate to attract $ 1 billion in new investment in the auto industry.

Today, electricity costs are higher than ever and investors want CO2-free electricity in their facilities. Hydroelectricity meets this requirement.

For example, Ford and SKI Innovative just announced an $ 11.4 billion partnership to build the next generation of F-150 Lightning (all-electric pickup trucks) and set up three new battery factories in Kentucky and Tennessee for the ‘feed.

Energy costs were a big consideration for battery factories because of the immense amount of electricity they use – five times more than Ford’s typical assembly plan,” said Lisa Drake, chief operating officer. of Ford for North America, to the Wall Street Journal (WSJ).

Despite huge electrical loads for semiconductor manufacturing, carbon fiber production, and computer server farms, data from the US Energy Information Office for July shows Washington still has the lowest electricity rates in the world. country (10.4 cents per kilowatt hour); however, Tennessee is just behind at 11.26 cents.

Tennessee has long had a head start in the area of ​​available and affordable electricity, a benefit known as the Tennessee Valley Authority (TVA), established in the 1930s as a federal utility. Today, it is a wholesale public electricity supplier serving more than 150 local power companies, and customers in its region have tariffs below 70 percent of the country.

Interestingly, TVA’s facilities are very diverse, and customers, like Ford, view its 19 hydroelectric dams and one pumped storage hydroelectric plant as renewable, CO2-free power generation.

TVA supplements its hydroelectric dams with seven natural gas power stations, four coal power stations and two nuclear power stations.

In Washington, on the other hand, steps are being taken to reduce the hydroelectric base by crossing the four lower dams of the Snake River. These dams can provide enough electricity for 1.87 million homes when producing at full capacity.

The state’s last coal-fired power plant at Centralia will close in 2025. TransAlta Corp. has already stopped producing electricity from the first of the two coal burners. The closure of the two factories creates a 10% hole in our state’s electricity production.

On the other hand, Tennessee rulers continue to leverage electricity and the availability of cheaper electricity to their advantage. The certainty of energy supply is a big selling point and has worked for automakers and battery makers considering building huge electric car and lithium battery facilities.

Tennessee auto production began in 1983 when Nissan built its first US assembly line in Smyrna, located a half-hour drive southeast of Nashville.

Nissan employs 11,000 people. Statewide, nearly 66,000 jobs in Tennessee are related to the manufacturing of motor vehicles.

“Tennessee is emerging as a leader in a national struggle to expand production of electric vehicles and batteries, as states compete to attract multibillion dollar investment from automakers moving away from the engine. combustion, ”according to the Wall Street Journal.

In the 2021 ranking of states with the best business climate, Tennessee moved up to second place, ranking at or near the top of various rankings in the business friendliness and positive climate categories, according to AreaDevelopment.com. Georgia is still number one.

Finally, in the last of the most important regional development states for doing business, the only states outside of the southeast were Indiana, Ohio, and Arizona. Washington was not in the top 20, and that should be a wake-up call to heads of state that we should step up our game and no longer rely on cheap electricity to bail us out.

It should also tell us that our current energy strategy needs to be seriously rethought.

•••

Don C. Brunell is a business analyst, writer and columnist. He retired as president of the Association of Washington Business, the state’s oldest and largest business organization, and now lives in Vancouver. He can be contacted at theBrunells@msn.com.


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Saudi Arabia Appoints Financial Advisors For Green Debt Issue, Energy News, ET EnergyWorld https://morrisyoungmotors.com/saudi-arabia-appoints-financial-advisors-for-green-debt-issue-energy-news-et-energyworld/ https://morrisyoungmotors.com/saudi-arabia-appoints-financial-advisors-for-green-debt-issue-energy-news-et-energyworld/#respond Mon, 01 Nov 2021 03:17:00 +0000 https://morrisyoungmotors.com/saudi-arabia-appoints-financial-advisors-for-green-debt-issue-energy-news-et-energyworld/ DUBAI: Saudi Arabia has appointed financial advisers for a planned green debt issue but has not yet decided on the format, Finance Minister Mohammed al-Jadaan said on Sunday. He also told Reuters in a virtual interview that the Saudi economy was recovering well from the COVID-19 pandemic and that he expected the non-oil economy to […]]]>
DUBAI: Saudi Arabia has appointed financial advisers for a planned green debt issue but has not yet decided on the format, Finance Minister Mohammed al-Jadaan said on Sunday.

He also told Reuters in a virtual interview that the Saudi economy was recovering well from the COVID-19 pandemic and that he expected the non-oil economy to grow between 4.7% and 5% this year, with an overall GDP growth of 2.8%.

The authorities have no plans at this time to adjust the value added tax, he said, after tripling UPDATE 1 – Saudi Arabia posts a budget surplus in the third quarter, the first in over two years – Reuters hit it last year at 10% to offset the impact of falling oil revenues on state finances.

Speaking from Rome, where he attended a Group of 20 major economies summit, Jadaan said the kingdom, the world’s largest oil exporter, is working for a sustainable economy, income and energy sources.

“The Sovereign has several green projects. We have a lot of solar, wind and power plants that require funding and we have several new projects underway,” he said.

He said Saudi Arabia had appointed financial advisers, but had not yet decided on details, such as whether the new funding would be syndicated, bond or sukuk, local or international.

“We are working on it and we will announce it very soon,” he said.

Ahead of the UN climate talks that began in Glasgow, Scotland on Sunday, Saudi Arabia said last month that it planned to achieve “net zero” in greenhouse gas emissions. ‘by 2060, which climatologists say is too slow.

“We take climate change very seriously … (but) we have to make sure that we are also realistic about the transition,” Jadaan said.

The world’s largest oil exporter has repeatedly stressed the continued importance of fossil fuels for the security of global energy supplies.

The Vision 2030 program launched by Crown Prince Mohammed bin Salman aims to gradually wean the economy off oil exports by creating new sectors and mobilizing the private sector in the Gulf State.

As part of the economic diversification efforts, the crown prince announced in March a program called Shareek in which the local private sector would invest 5,000 billion riyals ($ 1.3 trillion) by 2030.

The Minister of Finance said that this is a medium to long term program, but to date he has achieved a total of 470 to 500 billion riyals of investments from private and listed companies in stock Exchange.

The sovereign wealth fund PIF, the engine of the kingdom’s economic transformation, also plans to inject some 150 billion rials into the national economy each year until 2025.

Jadaan said the PIF had “sufficient liquidity” and that there was “no consideration at this time for further transfers” after a $ 40 billion transfer from the central bank’s foreign exchange reserves to the last year to help the PIF finance investments.


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Superconducting Magnetic Energy Storage (SMES) System Market Growth 2021 Challenges, Opportunities and Developments https://morrisyoungmotors.com/superconducting-magnetic-energy-storage-smes-system-market-growth-2021-challenges-opportunities-and-developments/ https://morrisyoungmotors.com/superconducting-magnetic-energy-storage-smes-system-market-growth-2021-challenges-opportunities-and-developments/#respond Sun, 31 Oct 2021 00:13:18 +0000 https://morrisyoungmotors.com/superconducting-magnetic-energy-storage-smes-system-market-growth-2021-challenges-opportunities-and-developments/ “Reporthive.com presented key new research reports encompassing the Superconducting Magnetic Energy Storage Systems (SMES) market. The aim of the study is to provide market leaders with a revolutionary decision support tool that covers the fundamentals of the Superconducting Magnetic Energy Storage Systems (SMES) market. The report covers market size, share, product segmentation, CAGR, key vendors, […]]]>


Reporthive.com presented key new research reports encompassing the Superconducting Magnetic Energy Storage Systems (SMES) market. The aim of the study is to provide market leaders with a revolutionary decision support tool that covers the fundamentals of the Superconducting Magnetic Energy Storage Systems (SMES) market. The report covers market size, share, product segmentation, CAGR, key vendors, competitive landscape, growth trends, regional analysis, SWOT analysis, historical and forecast market growth between 2021-2026.

This report covers manufacturer data including: sales volume, price, revenue, gross margin, trade distribution, etc., this data helps the consumer to know the competition better. This report also covers all the regions and countries in the world, which show the regional development status including market size, volume and value along with the price data. Besides, the report also covers segment data including: With respect to Type, Industry, Channel etc. All data period is 2015-2021E, this report also provides forecast data for 2021-2026.

The research process involves the study of various factors affecting the industry including government policy, market environment, competitive landscape, historical data, current market trends, technological innovation, technologies to upcoming and technical advancements in the related industry, and market risks, opportunities, obstacles and challenges in the market.

Due to the COVID-19 pandemic, according to World Bank statistics, global GDP declined by about 3.5% in 2020. As 2021 dawned, economic activity in many countries began to decline. recover and has partially adapted to the pandemic restrictions. The world has entered the period of recovery from the COVID-19 epidemic.

Get a sample PDF report of the exploration report @width = 361

Key companies featured in the report:

Super Power Inc
American Society of Superconductors
Bruker Energy & Supercon Technologies
Fujikura
Hypertech research
Southwire Company
Sumitomo Electric Industries,
General Cable’s superconductors.
Nexans SA
ASG Superconductors SpA
Luvata United Kingdom
SuNam
Superconducting Technologies Inc.

Regional and country level analysis:
This research report covers almost all major regions of the world, such as North America, Europe, South America, Middle East, Africa and Asia Pacific. Europe and North America are expected to increase over the next few years. In the Superconducting Magnetic Energy Storage System (SMES) market, the Asia-Pacific region is expected to grow significantly during the forecast period. The latest technologies and innovations are the most important features of North America and the main reason the United States dominates the world market. The South American market for Superconducting Magnetic Energy Storage (SMES) systems is also expected to grow in the near future.

report

The competitive scenario of the global market and the detailed profiles of the participants:

The Superconducting Magnetic Energy Storage Systems (SMES) report is created to combine qualitative and quantitative aspects of the industry in each of the regions and countries involved in the Superconducting Magnetic Energy Storage Systems (SMES) study. The report includes the business data including purchase, cost, wealth, total profit, account report, sales setup etc. This data helps consumers better understand the competition. This report also integrates all regions and countries in the world, showing a development situation in cross-section, which includes company size, strength and utility of Superconducting Magnetic Energy Storage (SMES) systems, as well as price data.

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Research methodology :

This research study involves the intensive use of primary and secondary data sources.

data triangulation

Market segmentation :

Superconducting Magnetic Energy Storage Systems (SMES) Market, By Type –

Low temperature PME
High temperature PME

Superconducting Magnetic Energy Storage Systems (SMES) Market, By Application –

Power system
Industrial use
Research establishment
Others

Research / Design Programs table for this report

Table

Marlet

Superconducting Magnetic Energy Storage Systems (SMES) Market: Key Questions Answered In The Report

The precise study of the Superconducting Magnetic Energy Storage System (SMES) market offers comprehensive information about the market growth in the most understandable way for the users to better understand. The statistics offered in the Superconducting Magnetic Energy Storage Systems (SMES) market report answer some of the most significant questions which are helping stakeholders to measure all emerging possibilities.

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– What are the key trends constantly shaping the growth of the Superconducting Magnetic Energy Storage Systems (SMES) market?
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The main objectives of the Superconducting Magnetic Energy Storage Systems (SMES) Market research report are as follows:

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Report Hive Research provides strategic market research reports, statistical surveys, industry analysis and forecast data on products and services, markets and companies. Our client base is made up of global business leaders, government organizations, SMEs, individuals and start-ups, top management consulting firms, universities, etc. Our library of over 700,000 reports targets high-growth emerging markets in the United States, Europe, Middle East, Africa, Asia-Pacific covering industries such as IT, Telecommunications, Semiconductors , chemicals, health care, pharmaceuticals, energy and electricity, manufacturing, automotive and transportation, food and beverage, etc.

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