IEA

Canada Strengthens Global Cooperation on Energy and Climate at 2024 IEA Ministerial

Retrieved on: 
Wednesday, February 14, 2024

The IEA is the leading global intergovernmental organization that provides independent analysis, data and policy recommendations on the global energy sector.

Key Points: 
  • The IEA is the leading global intergovernmental organization that provides independent analysis, data and policy recommendations on the global energy sector.
  • While at the IEA, Minister Wilkinson advanced the following priorities on behalf of the Government of Canada, all of which were reflected in the final IEA Ministerial Communique :
    1.
  • Implementing the Canada–US Memorandum of Understanding on Energy Cooperation, signed in June 2021, on sustainable and equitable energy transitions, clean energy innovation, connectivity and low-carbon transportation.
  • Canada is pleased to support the international energy and climate cooperation, research and programs of the IEA under the leadership of Dr.

United Kingdom Atomic Energy Authority and Canadian Nuclear Laboratories Partner to Accelerate Fusion Energy Development

Retrieved on: 
Wednesday, February 14, 2024

OXFORD, United Kingdom and CHALK RIVER, Ontario, Feb. 14, 2024 (GLOBE NEWSWIRE) -- The United Kingdom Atomic Energy Authority (UKAEA) and Canadian Nuclear Laboratories (CNL), have signed a collaboration framework agreement to partner on the development of technologies in relation to the management of tritium, a fusion energy fuel.

Key Points: 
  • OXFORD, United Kingdom and CHALK RIVER, Ontario, Feb. 14, 2024 (GLOBE NEWSWIRE) -- The United Kingdom Atomic Energy Authority (UKAEA) and Canadian Nuclear Laboratories (CNL), have signed a collaboration framework agreement to partner on the development of technologies in relation to the management of tritium, a fusion energy fuel.
  • The UK-Canada Memorandum of Understanding enhances collaboration on key focus areas, including research and development, regulatory harmonisation, and skills and workforce development.
  • Stephen Wheeler, UKAEA Executive Director, said: “Fusion energy promises to be a safe, low carbon and sustainable part of the world’s future energy supply.
  • Photos from a recent visit Canadian Nuclear Laboratories visit to UK Atomic Energy Authority’s Culham Campus, in Oxfordshire, can be found here: https://ukaea.canto.global/b/JTQVC

Assessing the macroeconomic effects of climate change transition policies

Retrieved on: 
Friday, February 9, 2024

This box assesses the impact on euro area real GDP and inflation of green fiscal discretionary measures as included in the December 2023 Eurosystem staff macroeconomic projections.

Key Points: 
  • This box assesses the impact on euro area real GDP and inflation of green fiscal discretionary measures as included in the December 2023 Eurosystem staff macroeconomic projections.
  • These simulations suggest modest downside risks to GDP and upside risks to inflation from transition policies to achieve EU targets, but the effects depend on the transition policy mix.

Amperesand raises $12.45M to transform global power grids

Retrieved on: 
Wednesday, February 7, 2024

The Seed funding will enable Amperesand to industrialize and manufacture its groundbreaking technology at scale while building its executive team.

Key Points: 
  • The Seed funding will enable Amperesand to industrialize and manufacture its groundbreaking technology at scale while building its executive team.
  • Utilizing cutting edge SST technology, Amperesand is at the forefront of delivering efficient, intelligent, and resilient electrification solutions.
  • Amperesand’s SSTs revolutionize the conversion and control of power in the grid and protect against the complexities of modern DC/AC loads.
  • By enabling essential grid services and managing power and data more effectively, Amperesand facilitates resilient and adaptable integration of a broad array of energy transition technologies into the grid.

Empowering the Future: Global Electric Vehicle Insulation Market Analysis: BCC Research

Retrieved on: 
Tuesday, February 6, 2024

BOSTON, Feb. 6, 2024 /PRNewswire/ -- "According to the latest research study, the demand for Global Electric Vehicle Insulation Market grow from $3.1 billion in 2023 and is estimated to increase from $9.1 billion in 2028, at a compound annual growth rate (CAGR) of 24.4% from 2023 to 2028."

Key Points: 
  • The Global Electric Vehicle Insulation Market is all about making electric cars better.
  • Unveiling emerging technologies, ESG considerations, and regulatory landscapes, our report is your guide to understanding the electric vehicle insulation market.
  • Stay ahead of the curve with our comprehensive and accessible report on the electric vehicle insulation market.
  • Driving forces behind the global electric vehicle insulation market's growth comprise:
    Investments in EVs-have witnessed a substantial uptick as the world pivots towards sustainable mobility.

Chiyoda Corporation and Toyota Jointly Developing Large-scale Electrolysis System

Retrieved on: 
Monday, February 5, 2024

Toyota City, Japan, Feb 5, 2024 - (JCN Newswire) - Chiyoda Corporation and Toyota Motor Corporation have agreed to jointly develop a large-scale electrolysis system and construct a strategic partnership and have signed a basic agreement on cooperation.

Key Points: 
  • Toyota City, Japan, Feb 5, 2024 - (JCN Newswire) - Chiyoda Corporation and Toyota Motor Corporation have agreed to jointly develop a large-scale electrolysis system and construct a strategic partnership and have signed a basic agreement on cooperation.
  • The production and mass production technologies for electrolysis cell stacks using the fuel cell technology held by Toyota and the processing plant design technologies and large-scale plant construction technologies held by Chiyoda will be brought together to develop a large-scale electrolysis system that can be competitive.
  • Specifically, the goal is to develop an electrolysis system with high hydrogen production efficiency while being the world's smallest in size.
  • With the signing of this basic agreement on cooperation, the introduction of an electrolysis system in Hydrogen Park at the Toyota Honsha Plant will start in FY2025.

Cipher Neutron Appoints Dr. Bruno Pollet to its Advisory Board

Retrieved on: 
Wednesday, January 31, 2024

Canadian company Cipher Neutron Inc. (“Cipher Neutron” or “CN”) is very pleased to announce that it has appointed the renowned Dr. Bruno Pollet to its Advisory Board.

Key Points: 
  • Canadian company Cipher Neutron Inc. (“Cipher Neutron” or “CN”) is very pleased to announce that it has appointed the renowned Dr. Bruno Pollet to its Advisory Board.
  • Dr. Bruno Pollet is a member of the Council of Engineers for the Energy Transition (CEET): An Independent Advisory Council to the United Nations’ Secretary-General, and a CEET Hydrogen Task Force leader.
  • Dr. Bruno G. Pollet, PhD in Physical Chemistry in the field of Electrochemistry and Advisory Board member of Cipher Neutron stated, “In Canada and abroad, Cipher Neutron’s AEM Electrolyser Technology is a hydrogen industry accomplishment to be very proud of.
  • I look forward to applying my years of experience as an advisor to the great team at Cipher Neutron.”
    Gurjant Randhawa, M.Eng., P.Eng., President and CEO of Cipher Neutron, stated, “Cipher Neutron is very pleased to welcome Dr. Pollet to its growing Advisory Board.

91% of industrial businesses hit by resource scarcity, highlighting circularity needs

Retrieved on: 
Wednesday, January 31, 2024

Raw materials (37%) are seen as the scarcest resource, followed by energy (34%), labor (32%), and electronic components (26%).

Key Points: 
  • Raw materials (37%) are seen as the scarcest resource, followed by energy (34%), labor (32%), and electronic components (26%).
  • This resource scarcity has led to increased costs for 37% of businesses, as well as supply chain disruption for 27% and slowdowns in production capacity for 25%.
  • Despite energy being rated as the scarcest resource, two-fifths reported it as their biggest source of waste.
  • While there are challenges to overcome, businesses that fully embrace circularity see significant benefits, from cost control to improved reputation.

Global E-Mobility Market Set to Hit $869.67 Billion, Growing at 14.8% CAGR, Fueled by Expanding Charging Infrastructure, Project Kings Research

Retrieved on: 
Thursday, February 1, 2024

Based on product, the e-mobility market is segregated into electric cars, electric scooters, electric motorcycles, electric bikes, and others.

Key Points: 
  • Based on product, the e-mobility market is segregated into electric cars, electric scooters, electric motorcycles, electric bikes, and others.
  • Moreover, advancements in fast-charging technologies and wireless charging, introducing compelling prospects to enhance user experiences, are supporting market development.
  • Several factors are currently facilitating the growth of the electric vehicle market, such as high initial costs, range anxiety, insufficient charging infrastructure, and prolonged charging times.
  • Government initiatives and policies in the APAC region play an integral role in promoting the expansion of the regional e-mobility market.

Metacon has entered into an exclusive license agreement with PERIC giving Metacon rights to build a 'Gigafactory' for the manufacture of own electrolysis systems

Retrieved on: 
Thursday, January 25, 2024

The agreement gives Metacon an exclusive right for a large number of countries in Europe to manufacture complete Hydrogen Generation Systems (HGS) based on PERIC's world-leading technology for pressurized alkaline electrolysis modules (stacks).

Key Points: 
  • The agreement gives Metacon an exclusive right for a large number of countries in Europe to manufacture complete Hydrogen Generation Systems (HGS) based on PERIC's world-leading technology for pressurized alkaline electrolysis modules (stacks).
  • Metacon will evaluate different forms of financing for the new factory including national and EU support programs.
  • PERIC has also launched a 10 MW electrolysis module, which is the largest in the world today.
  • This information is information that Metacon AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation.