Engine – Morris Young Motors http://morrisyoungmotors.com/ Sat, 24 Sep 2022 01:55:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://morrisyoungmotors.com/wp-content/uploads/2021/10/icon-1.png Engine – Morris Young Motors http://morrisyoungmotors.com/ 32 32 ENGINE: Americas Bunker Fuel Availability Prospects https://morrisyoungmotors.com/engine-americas-bunker-fuel-availability-prospects-2/ Fri, 23 Sep 2022 21:33:33 +0000 https://morrisyoungmotors.com/engine-americas-bunker-fuel-availability-prospects-2/ North AmericaFast VLSFO and LSMGO grades are readily available in the Houston area and off the US Gulf Coast. LSMGO can be tight for very fast delivery (0-3 days) to New Orleans. A supplier has a tight schedule and requires lead times of approximately 4-5 days. Another supplier can commit stems with a shorter lead […]]]>

North America
Fast VLSFO and LSMGO grades are readily available in the Houston area and off the US Gulf Coast. LSMGO can be tight for very fast delivery (0-3 days) to New Orleans. A supplier has a tight schedule and requires lead times of approximately 4-5 days. Another supplier can commit stems with a shorter lead time.

Availability remains good for VLSFO and LSMGO in the Galveston Offshore Lightering Area (GOLA). A supplier is able to accommodate both rods for very quick dates. Another has held bids for smaller quantities of VLSFO to increase its use of barges, sources say.

VLSFO and LSMGO grades are available for fast delivery dates in New York.
Some vendors in Los Angeles and Long Beach can accommodate quick rods. A supplier can deliver both grades with a 4-5 day lead time, but longer lead times of around 10 days are generally recommended to ensure full coverage from all suppliers.

VLSFO supply has improved slightly in Vancouver, Canada, as a supplier received a resupply shipment late last week, sources said. Over the past few weeks, bunker buyers have struggled to secure VLSFO rods for early and more distant dates in the Canadian port as suppliers have run out of stock.

Another Vancouver supplier is holding VLSFO offers for quick dates because it is fully booked for the remaining days of the month.
Availability is normal for all grades in Manzanillo, Mexico. Recommended lead times for HSFO, VLSFO and LSMGO are approximately five days. Quick deliveries can be arranged based on inquiries, sources say.

Caribbean and Latin America
All qualities remain in tight availability for very quick dates in Balboa and Cristobal in Panama. Delivery times for VLSFO and LSMGO are approximately 6-8 days from several vendors in Balboa. Some may even offer deliveries on specific dates, sources say.

VLSFO and LSMGO availability is limited for fast dates off Trinidad. The first delivery date with a supplier is approximately 10 days.
The availability of VLSFO and LSMGO is normal in Santa Marta, Colombia. The earliest delivery date to a supplier is approximately seven days. Another may offer with a shorter lead time.

VLSFO’s offer is tight for quick dates in Santos Brazil. Recommended delivery times are approximately 10-11 days.

Securing VLSFO for quick dates at the Zona Comun anchorage can be tricky. A supplier has a busy schedule and is reluctant to deliver on specific dates. Some suppliers are willing to commit to rods with delivery times of 7 to 10 days, says a trader.
Source: ENGINE, by Nithin Chandran (https://engine.online/)

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A local company starts producing engine filters https://morrisyoungmotors.com/a-local-company-starts-producing-engine-filters/ Wed, 14 Sep 2022 22:01:44 +0000 https://morrisyoungmotors.com/a-local-company-starts-producing-engine-filters/ the herald Michael Tome Business Journalist LOCAL company, Mwana Group has ventured into the manufacture of engine filters to exploit the opportunities presented by the economic deficiencies which have seen the country spend millions of dollars on imports of motor vehicle accessories. The company, which began operations in April this year, now assembles air, oil, […]]]>

the herald

Michael Tome Business Journalist

LOCAL company, Mwana Group has ventured into the manufacture of engine filters to exploit the opportunities presented by the economic deficiencies which have seen the country spend millions of dollars on imports of motor vehicle accessories.

The company, which began operations in April this year, now assembles air, oil, fuel and hydraulic filters for all equipment using fuel engines, including trucks, buses, earth-moving and agricultural machinery. .

This represents a creditable effort by a local company amid growing calls to reduce the skyrocketing import bill, especially on the motor vehicle accessories side.

Imports of automotive equipment have been on the rise lately, a position that causes the country to frequently lose much-needed foreign currency.

According to the Observatory of Economic Complexity (OEC) in 2020, parts and accessories were the 21st most imported product in Zimbabwe.

In the same year, the total import bill for motor vehicles, parts and accessories was $44.8 million, making Zimbabwe the 117th largest importer of motor vehicles; parts and accessories worldwide.

Zimbabwe imports its engine equipment from South Africa, United Arab Emirates (UAE), China, United States of America and France.

Although the Mwana Group has said it will produce at a competitive price, the company still imports much of its raw materials from Germany, China and India.

According to the company, the company’s operations remain profitable to compete with fully assembled gadgets imported into the country.

Speaking at the just-concluded annual conference of the Confederation of Zimbabwe Industries (CZI), Managing Director of Mwana Group Private Limited, Kuda Mutenda, said the local market was receptive to products from the business, although it continues to struggle to supply the mining industry.

He further indicated that the automotive industry, if fully developed, would undoubtedly create much-needed jobs for Zimbabwe.

“As a company, our goal is to improve our production until we are able to produce our own vehicles, we started with filters, then it will be brakes, batteries and windscreens, including leather upholstery until we produce a whole car.

“It’s one of the ways we can grow our economy and jobs because in a car there are over 10,000 moving parts so imagine producing this you would have employed a lot of people in the country” , said Mr. Mutenda.

According to Mr. Mutenda, bus companies, agricultural institutions and transport truck operators have been the main buyers of their product, but would like to see more traction towards the agricultural sector and the mining sector which remains a closed industry in which they wish to penetrate forward.

Lately, the Zimbabwean government has been determined to revive the once vibrant automotive industry as part of its efforts to promote the consumption of local products.

Industry and Trade Minister Dr Sekai Nzenza has publicly stated that reviving the local auto industry is one of the government’s priorities.

The automotive industry is considered strategic in economic recovery given its invaluable impact on job creation, foreign exchange generation, added value and contribution to GDP.

This decision will also ensure the development of the value chain.

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Ursa Major will develop a ready-to-fly rocket engine for the US Air Force https://morrisyoungmotors.com/ursa-major-will-develop-a-ready-to-fly-rocket-engine-for-the-us-air-force/ Tue, 13 Sep 2022 06:04:22 +0000 https://morrisyoungmotors.com/ursa-major-will-develop-a-ready-to-fly-rocket-engine-for-the-us-air-force/ the Great Bear, a privately funded US company that focuses solely on rocket propulsion, has been awarded a contract under the US Air Force’s Tactical Funding Augmentation (TACFI) program. Under the agreement, Ursa Major will supply a 5,000 lb thrust, oxygen-rich staged combustion Hadley rocket engine suitable for both the booster and upper stage phases […]]]>

the Great Bear, a privately funded US company that focuses solely on rocket propulsion, has been awarded a contract under the US Air Force’s Tactical Funding Augmentation (TACFI) program. Under the agreement, Ursa Major will supply a 5,000 lb thrust, oxygen-rich staged combustion Hadley rocket engine suitable for both the booster and upper stage phases of satellite launch into Earth orbit. low.

Although more difficult to design than other systems, oxygen-rich staged combustion (ORSC) is more efficient for better engine performance and is the architecture preferred by the world’s advanced space programs. This effort continues to build on past investments in ORSC technology by the Air Force Research Laboratory (AFRL) to provide ORSC systems to the nation.

“We are proud of the Air Force’s continued support and recognition of Ursa Major’s leadership in the development of reliable, high-performance American-made rocket propulsion,” said Ursa Major Founder and CEO, Joe Laurenti. “Choosing Ursa Major and the Hadley Engine means more American satellites in space, which is more important than ever to our national security and global technical leadership.”

Hadley was developed by Ursa Major’s team of world-class propulsion experts, who have over 1,000 combined years of collective engine development experience over numerous successful engine launches and programs. Like all Ursa Major engines, Hadley delivers high performance, flexibility and reliability at a significantly lower cost using state-of-the-art manufacturing (3D printing) and a technology-driven, market-driven design approach.

Hadley features active throttle, active thrust vector control and configurable fuel mixture ratio. It is qualified to operate in flight at various power levels and capable of continuously throttling from minimum flight power levels to nominal levels. Ursa Major has already delivered many Hadley engines to customers from its unique 90-acre integrated facility in Colorado, which houses its engineering, manufacturing and testing functions on a single property.

“We selected Ursa Major and its Hadley rocket engine based on the company’s experienced engineering and management teams and the engine’s proven performance,” said Shawn Phillips, head of the rocket propulsion division of the Air Force Research Lab (AFRL) (aka The AFRL Rocket Lab). . “This partnership is an example of how the federal government is advancing its progress in research and development by engaging with our country’s promising entrepreneurs and innovators.

As part of the AFRL contract deliverables, Ursa Major will also provide the Air Force Research Laboratory with statistically significant data sets from extensive testing of multiple Hadley engines, including specific impulse, or ISP, measurements of combustion stability, vibration and shock profiles, and range of inlet pressures and temperatures.

Hadley will be qualified using similar metrics under an internal test plan based on industry guidelines and best practices, focusing on motor life, operating space, functional requirements and performance . The qualification test campaign as part of this effort will include runtime at and beyond the extremes of the power level and mix ratio targets, demonstrating that Hadley operates safely and reliably in the level of power and mix ratio required for Department of Defense (DOD) missions of interest.

Reliable rocket propulsion is essential to sustaining the space supply chain and growing the space industry. Ursa Major’s flexible rocket engines can be used for a variety of DOD and non-DOD missions, from air launch to hypersonic flight and in-orbit missions. Enterprise customers can launch faster and without the development costs of building engines in-house. Ursa Major has built and tested more than 50 staged combustion rocket engines and plans to deliver 30 to customers by the end of the year. Ursa Major engines have accumulated more than 50,000 seconds of autonomy.

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CUC will purchase an 8MW-10MW engine for $5 million | New https://morrisyoungmotors.com/cuc-will-purchase-an-8mw-10mw-engine-for-5-million-new/ Sun, 11 Sep 2022 16:00:00 +0000 https://morrisyoungmotors.com/cuc-will-purchase-an-8mw-10mw-engine-for-5-million-new/ The Governor’s Office has awarded the Commonwealth Utilities Corporation $5 million to purchase an 8 to 10 megawatt generator replacement unit for Power Plant 1, CUC Executive Director Gary Camacho said Friday. “Governor Torres has supported the needs of CUC since he was a senator and continues to support the partial contribution for this much-needed […]]]>

The Governor’s Office has awarded the Commonwealth Utilities Corporation $5 million to purchase an 8 to 10 megawatt generator replacement unit for Power Plant 1, CUC Executive Director Gary Camacho said Friday.

“Governor Torres has supported the needs of CUC since he was a senator and continues to support the partial contribution for this much-needed acquisition for CNMI,” Camacho added.

He said CUC is constantly repairing many of its aging diesel engines, many of which are 50 years old.

“The replacement of this critically important infrastructure is necessary to stabilize the electricity supply to residences, businesses, government offices and other economic sectors,” he added. “With the additional new engine, sufficient electricity will be generated to keep our water systems and wastewater treatment plants operational. It will also solve many of CUC’s biggest problems with grid stability, overheating of engines and the cycle of its engines.

According to CUC, the new fuel-efficient engine “will add the necessary infrastructure for CUC to begin its journey into emerging technologies with a 20 MW solar photovoltaic farm with battery storage units in the near future.”

“The first unit replacement has been acquired and is currently in transit from South Korea awaiting logistics to be finalized at the CNMI port,” Camacho said. “With the most recent funding, CUC will soon begin the procurement process.”

He said: “Part of this is a huge investment in the right direction for the utility sector. The public will also reap the benefits of this technology acquisition, as it will help reduce tariffs and secure our infrastructure…. »

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2022 Hyundai Venue N-Line Live Launch: Price, Features and Engine Specs https://morrisyoungmotors.com/2022-hyundai-venue-n-line-live-launch-price-features-and-engine-specs/ Tue, 06 Sep 2022 07:53:56 +0000 https://morrisyoungmotors.com/2022-hyundai-venue-n-line-live-launch-price-features-and-engine-specs/ Hyundai Venue N-Line Launch in India, All New Hyundai Venue N-Line On-Road Price in India, Specs, Live Updates: Hyundai Venue 2022 price is expected to start from Rs 11 lakh (ex-showroom) . Hyundai Venue N-Line Launched in India Live Updates: Hyundai is gearing up to launch a much sportier version of its popular Venue compact […]]]>

Hyundai Venue N-Line Launch in India, All New Hyundai Venue N-Line On-Road Price in India, Specs, Live Updates: Hyundai Venue 2022 price is expected to start from Rs 11 lakh (ex-showroom) .

Hyundai Venue N-Line Launched in India Live Updates:

Hyundai is gearing up to launch a much sportier version of its popular Venue compact SUV as the Venue N-Line. It will be the brand’s second N product for India, the first being the i20 N-Line sedan. Hyundai has already started bookings for the same against a token amount of Rs. 21,000.

In terms of design, and to differentiate it from the standard model, the Hyundai Venue N-Line will receive slightly subtle updates, and nothing like the full-fledged N performance models that go on sale in international countries like the Hyundai i20 N, the Hyundai i30 Fastback N, and even the Elantra N! While the N-Line models offered in India don’t get the same specs, or even anything close, with the Venue N-Line, we’ll get the N-line branding on a modified grille, new diamond-cut alloy wheels 16 inches, and an improved rear. The Hyundai Venue N-Line might just up its quotient with red-accented dual exhaust tips!

New Hyundai Venue N-Line Launch Live: 2022 Hyundai Venue N-Line Price in India, Specs, Pictures, Color Variants, Features, Mileage

An all-black interior with red accents and an up-to-date feature list with over 30 safety features could give the Hyundai Venue N-Line a competitive edge. In comparison, the price of the standard Hyundai Venue is between Rs. 7.53 lakh to 12.72 lakh, ex-showroom, we expect the N-Line model to attract a bit of a premium and have a starting price of around Rs. 11 lakh, ex-showroom.

Live updates

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Israel bans four-engine planes from its airports https://morrisyoungmotors.com/israel-bans-four-engine-planes-from-its-airports/ Sun, 04 Sep 2022 03:51:50 +0000 https://morrisyoungmotors.com/israel-bans-four-engine-planes-from-its-airports/ Israel says it is banning four-engine planes from serving the country from March 2023, but it appears only cargo carriers, including El Al’s cargo subsidiary, will be directly affected. The Israel Airports Authority says environmental, noise and sustainability concerns are behind the ban, though the math doesn’t always confirm this. “The increase in passenger and […]]]>

Israel says it is banning four-engine planes from serving the country from March 2023, but it appears only cargo carriers, including El Al’s cargo subsidiary, will be directly affected. The Israel Airports Authority says environmental, noise and sustainability concerns are behind the ban, though the math doesn’t always confirm this. “The increase in passenger and aircraft traffic at Ben Gurion Airport is an environmental challenge,” said Hagai Topolansky, director general of the Israel Airports Authority. “Stopping the landing of four-engine aircraft at Ben Gurion Airport is one step and the first step in a larger plan that is currently being worked on.” In terms of fuel per passenger mile, a fully loaded A380 beats many widebody twins, especially older models like the Boeing 767, which is still widely used by charter and cargo carriers.

Whatever the reason for the ban, operators of four-engine aircraft will need prior permission and a damn good reason to fly to Tel Aviv, which has the only airport where this will be a problem. There is currently no airline that operates four-engine aircraft (A380, A340 or Boeing 747) with passengers, although Emirates has considered putting the A380 on its London-Tel Aviv route, which is now served by a 777. That leaves cargo carriers as the only airlines potentially facing equipment changes for Tel Aviv. El Al uses a 747-400 for flights to Liege and New York.

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Recent Internal Combustion Engine Market Industry https://morrisyoungmotors.com/recent-internal-combustion-engine-market-industry/ Fri, 26 Aug 2022 12:09:25 +0000 https://morrisyoungmotors.com/recent-internal-combustion-engine-market-industry/ The global internal combustion engine market size is expected to be valued at USD 235.3 billion in 2022 and grow at a CAGR of 5.9% over the forecast period. Internal combustion engine, any device of a group of devices in which combustion reactants (oxidant and fuel) and combustion products serve as the working fluids of […]]]>

The global internal combustion engine market size is expected to be valued at USD 235.3 billion in 2022 and grow at a CAGR of 5.9% over the forecast period. Internal combustion engine, any device of a group of devices in which combustion reactants (oxidant and fuel) and combustion products serve as the working fluids of the engine. Such an engine draws its energy from the heat released during the combustion of the unreacted working fluids, the oxidizer-fuel mixture. This process occurs in the engine and is part of the thermodynamic cycle of the device. The useful work generated by an internal combustion (IC) engine results from the hot gaseous combustion products acting on the engine’s moving surfaces, such as the face of a piston, turbine blade, or nozzle.

See the detailed description of the report here – https://precisionbusinessinsights.com/market-reports/internal-combustion-engine-market/

Automotive accounted for a higher revenue share in the global internal combustion engine market:
Based on type of application, the global internal combustion engine market is segmented into automotive, aircraft, marine, others. The automobile is counted for higher income. Automotive industry means all businesses and activities involved in the manufacture of motor vehicles, including most components, such as engines and bodies, but excluding tires, batteries and fuel. The industry’s main products are passenger cars and light trucks, including pickup trucks, vans and sport utility vehicles. Utility vehicles, while important to industry, are secondary.

North America leads the global internal combustion engine market:
Based on regional analysis, the global internal combustion engine market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The global internal combustion engine market in North America contributed the largest share in 2021. The development of the internal combustion engine helped free men from the hardest manual labor, made possible the aircraft and d other forms of transportation, and helped revolutionize electricity generation by stimulating the market spontaneously. In 2018, jet fuel consumption by the transport sector in the United States was some 2.95 quadrillion British thermal units.

Ask for a sample report at https://precisionbusinessinsights.com/request-sample?product_id=58173

Global internal combustion engine market segmentation based on product type, application and region:
By product type
• Oil
• Natural gas
• Others

By request
• Automotive
• Plane
• Sailor
• Others

Ask for the methodology at https://precisionbusinessinsights.com/request-methodology?product_id=58173

Profiles of key players in the global internal combustion engine market are: Toyota Motor Corporation, AGCO Corporation, Volkswagen AG, MAN SE, Ford Motor, Fiat SpA, General Motors, Volvo AB, Caterpillar Incorporated, Rolls-Royce Holdings plc, Shanghai Diesel Engine Company Limited,
Renault SA, Mitsubishi Heavy Industries, Bosch, Mahindra and Mahindra Limited.

Contact:
Mr Satya
Precision Business InsightsTM | Toll free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 – 160 City Road, London EC1V 2NX
The Web: https://precisionbusinessinsights.com/ | DUNS® Number: 852781747

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research information. Our various market research experts are passionate about market research and hence produce high quality research reports. We have over 500 clients with whom we have a good business partnership and the ability to provide in-depth research analysis for over 30 countries. In addition to providing over 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost effective and customized research services to meet research requirements. We are a leading research service provider due to our extensive database built by our experts and the services we provide.

This press release was published on openPR.

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Rolls Royce achieves 10 million engine flight hours on the Trent XWB https://morrisyoungmotors.com/rolls-royce-achieves-10-million-engine-flight-hours-on-the-trent-xwb/ Mon, 22 Aug 2022 16:27:29 +0000 https://morrisyoungmotors.com/rolls-royce-achieves-10-million-engine-flight-hours-on-the-trent-xwb/ LONDON – Rolls Royce today announced that the Trent XWB-84, which powers the Airbus A350-900, has achieved 10 million engine flight hours. The XWB-84 entered service in 2015 and powers more than 30 A350-900 operators, operating on a variety of flights from short-haul to ultra-long-haul. Cholerton: a great success… Chris Cholerton, President of Rolls-Royce Civil […]]]>

LONDON – Rolls Royce today announced that the Trent XWB-84, which powers the Airbus A350-900, has achieved 10 million engine flight hours.

The XWB-84 entered service in 2015 and powers more than 30 A350-900 operators, operating on a variety of flights from short-haul to ultra-long-haul.

Cholerton: a great success…


Chris Cholerton, President of Rolls-Royce Civil Aerospace, said:

“Achieving 10 million flight hours is another great achievement for the Trent XWB. It is the last engine in the Trent family to reach this milestone and it has done so faster than any other Trent engine in just over seven years of operation.

“We are incredibly proud of the Trent XWB as it continues to set new benchmarks for durability, reliability and versatility.”

An impressive engine…


The Trent XWB is the world’s most efficient in-service aircraft engine and supports airlines in their sustainability journey.

The engine has a 15% fuel economy advantage over the first Trent engine, burns less fuel and delivers industry-leading performance and noise levels. It is also ready to run on 50% sustainable aviation fuel as they become more available to airlines in the future.

Additionally, the Trent XWB-84 has helped avoid more than 15 million tonnes of CO2 since its launch in 2015 – that’s the same amount of CO2 it takes to power nearly two million homes each year.

On top of that, the Trent XWB-84 has consistently offered a 99.9% dispatch reliability rating since the engine also entered service.

Achieving this level of consistency in dispatch reliability is a testament to the quality that has been given to A350-based propulsion, and this figure is expected to remain the same for years to come.

The XWB legacy will continue…


It is clear that the XWB-97, which powers the A350-1000 variant, will not be far from reaching this figure, as it will probably be in the next few years.

Based on information as of July 31, 2022, 491 Airbus A350s have been delivered to their respective customers, with Rolls Royce powering the -900 and -1000 variants.

There are still 447 A350s to be delivered, with that number increasing from time to time with orders from potential past and future air shows.

As for the A350 Freighter, there are currently 31 on order at the time of writing, with Rolls Royce also powering this aircraft type when it enters revenue service in the next few years.

Globally…


It remains clear that the Trent XWB is delivering impressive results for Airbus A350 operators. As the XWB-84 continues on its high reliability path, it won’t be far off until the XWB-97 produces the same results.

Going forward, Rolls Royce will look to continue this long streak of positive results, especially as the A350 is one of the latest next-generation technologies for long-haul travel.

The next test will take place before Project Sunrise, where we can see in more detail how well the engine’s performance holds up to 19-20 hour flights.

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How to prevent a global slowdown from stalling Canada’s high-tech engine https://morrisyoungmotors.com/how-to-prevent-a-global-slowdown-from-stalling-canadas-high-tech-engine/ Sat, 20 Aug 2022 11:17:43 +0000 https://morrisyoungmotors.com/how-to-prevent-a-global-slowdown-from-stalling-canadas-high-tech-engine/ The last time inflation peaked this high, China was the world’s 10th largest economy, the New York Islanders were a Stanley Cup dynasty, and Mark Zuckerberg was still three years away from his birth. Anyone who really remembers those days, and the recession caused by the combination of persistent inflation and rising interest rates, is […]]]>

The last time inflation peaked this high, China was the world’s 10th largest economy, the New York Islanders were a Stanley Cup dynasty, and Mark Zuckerberg was still three years away from his birth.

Anyone who really remembers those days, and the recession caused by the combination of persistent inflation and rising interest rates, is now over 55. We’ve had recessions since, but we’ve also had a steady wave of technological innovation, expanding global trade, historically low central bank interest rates and low inflation to weather the storm.

But today we live in a different world. A global pandemic that will not go away; the supply chain chaos tearing the economy apart and a bloody war in Europe that could become something we would rather not consider. With a global slowdown looming, the pressure is on policymakers to manage volatility and get the right response.

One thing Canada lacked the last time we were hit by multiple inflationary forces was a thriving innovation sector driven by startups. According to Innovation Economy Council. Moreover, it is growing more than three times faster than any sector. The innovation economy is key to Canada’s future economic growth.

The most promising startups are led by founders with no safety nets at the best of times, and they rely on venture capital in the race to scale their innovations, attract customers, and hire talented workers. But venture capital investment fell dramatically, an unintended consequence of interest rate hikes as central banks battled inflation.

This is a time when we need to ensure the availability of capital for our tech startups. Without risk capital, they will have to scale back their operations to keep the lights on. This means no investment in infrastructure, talent, people, processes and systems to support growth; which then means lost opportunities to establish new markets, increase productivity and get ahead of global competitors.

Policymakers need to deploy surgical measures to address the declining availability of venture capital and investments in productive capacity. Stifling capital in this sector right now is like stepping on the hose that waters the vegetable garden when you need produce to survive.

The innovation economy is the backbone of Canada’s future economy. But let’s also understand that a drop in capital for the innovation economy has repercussions that go far beyond the start-ups themselves. It depends on the impact these companies have in delivering transformational solutions that create a better future for us all.

Take the cleantech sector. As the world experiences the highest temperatures on record, Canadian innovations in direct air capture and carbon capture and storage are being touted as leading measures to truly eliminate greenhouse gases of the atmosphere. We cannot afford to see a reset in this and other cleantech developments. And to be clear, there is no path to net zero emissions without innovation. We must lead interventions that maintain the momentum of our clean technology sector and its crucial role in the fight against climate change.

from Canada Emission reduction plan has set ambitious greenhouse gas reduction targets for 2030, and the clean technology solutions that can help us meet those targets are available right here now. Encouraging large energy consumers to adopt these solutions is not only an economic opportunity but an existential imperative.

The recently announced GHG Offset Credits Regulations can be expressly approved by the Canadian Securities Administrators as producing high-quality offsets that can be used to achieve corporate net zero goals. This small change will encourage innovation financing with ESG benefits for investors. An updated offset system could also accommodate venture capital investments in cleantech portfolio companies, allowing offset credits to flow back to investors and fund sponsors who invest in innovative cleantech startups.

We should also consider directing some funds raised through Canada’s Greenhouse Gas Pollution Pricing Act (GGPPA) to programs that support the creation, growth and scale of these clean technology companies. For example, there is a clear opportunity for governments to up their game when it comes to clean technology procurement. A one-stop marketplace for cleantech and circular economy innovations would give this sector an instant boost. These programs are the innovation infrastructure that forms a recurring launch pad for the companies that will pave the way to net zero and create jobs for the future in a multi-trillion dollar global climate economy.

With respect to the wider innovation economy, policymakers could consider creating accessible funding programs to automatically match investments from savvy global investors with the best global track records.

We should seriously consider taking a page out of Israel’s playbook: allowing founders who have successfully completed liquidity events to reinvest their proceeds, free of capital gains tax, into new innovations and innovators within two years. their exit. This creates a multigenerational flywheel for experience and capital to invest in successive generations of entrepreneurs.

Given the momentum in our startup community, Canada must not let go of an innovation ecosystem that we have carefully nurtured over the past 20 years to become one of the great growth engines of our economy.

Yung Wu is CEO of MaRS Discovery District, one of the largest innovation hubs in the world.

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Quieter, slower and less ICE power https://morrisyoungmotors.com/quieter-slower-and-less-ice-power/ Tue, 16 Aug 2022 20:26:26 +0000 https://morrisyoungmotors.com/quieter-slower-and-less-ice-power/ Formula 1 published technical guidelines for its next generation of engines on Tuesday, which will hit the track in 2026. The new set of rules rebalances power outputs to put more emphasis on the hybrid system, which, to the dismay of fans, can be at the expense of exhaust gases. noise. The FIA ​​documents outlining […]]]>

Formula 1 published technical guidelines for its next generation of engines on Tuesday, which will hit the track in 2026. The new set of rules rebalances power outputs to put more emphasis on the hybrid system, which, to the dismay of fans, can be at the expense of exhaust gases. noise.

The FIA ​​documents outlining the rules were shared on Twitter by racing technical analyst Craig Scarborough, who detailed their key takeaways in a series of posts. Basically, not much will change with this new iteration of F1 engines: they will still be turbo V6s producing around 1,000 horsepower. However, they will generate less of that internal combustion engine power and fill the gap with a simpler, but much more powerful hybrid system.

In 2026, F1 engines will almost triple the power of their MGU-K (or KERS) systems from 161 to 469 horsepower. The increase in regenerative braking will nearly eliminate the role of friction brakes on the rear axles, much like the third-generation Formula E cars forgo rear friction brakes entirely. F1 will also eliminate the controversial MGU-H system attached to the turbo, which has long been a costly hurdle for potential new engine suppliers (like Porsche) to overcome.

As the MGU-H was used to spin the turbo and reduce lag, removing it will dampen throttle response, even more in conjunction with changes to the combustion engine. This new generation of engines will not be allowed to use variable-length intake trumpets, which will further reduce throttle response, which the powered hybrid system is meant to replace. Overall combustion power will be reduced by changes in fuel regulations. This will cap the amount of fuel energy flowing through the engine and require the use of carbon capture or biofuels.

Target power output will be 536 horsepower, about 38 percent less than current V6s. Decreasing fuel flow virtually guarantees reduced engine speed, as well as reduced exhaust volume. These new engines will definitely be not be howlers, according to Scarborough. Additionally, one of F1’s technical chiefs, Ross Brawn, has predicted that the 2026 cars will become smaller as a result of these changes, but probably not lighter.

Some of the changes align with the recommendations for next-gen F1 engines that I called for in 2018, including the elimination of the MGU-H and the partial delineation of the MGU-K. I think they missed the mark by capping fuel flow rates and continuing to push the V6 format, though that’s understandable given the apparent emphasis on parts standardization and cost control.

F1’s claimed emphasis on “net exhaust CO2 emissions” rings hollow, as does its supposed commitment to become carbon neutral by 2030. On the contrary, the new ruleset shows that F1 still has tons of progress to be made in the engine department, because if years of pressure from current engine suppliers only has an effect nowGod knows when we’ll see engines other than V6s in F1 again.

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