China’s annual “two sessions” gives an indication of China’s broad policy direction for the year, covering topics from the economy to industrial strategy to environmental protection. David Chen explains the highlights, and the implications for the nickel value chain.
With global EV sales approaching 14 million cars in 2023 with a year-on-year growth rate of 35% it is clear that EVs are gaining acceptance rapidly.
Just as the EV revolution was gearing up to become consumer driven, there was an increase in raw material prices, semi-conductor shortages and recently a steep rise in electricity prices. At a time of energy crisis, are EVs still a game changer?
Solar farms are blooming in fields across the globe and producing a new crop: solar energy. Photovoltaic (PV) systems made up of solar panels, are fast becoming the most recognisable of renewable energy technologies.
The sudden failure of a building or bridge is mercifully a rare event, thanks largely to international or national standards: structures are designed in accordance with a design standard, using products conforming to a product standard and manufactured using techniques and to a quality level defined in a construction standard.
Think of the largest cruise ship. Then imagine how much it weighs – just over 100,000 tonnes, in fact. Now think about 500 of those ships, and what they weigh. That is the staggering amount of new electronic waste that we generate every year.
Major economies across the globe are setting climate neutrality targets. But proper measurement and methodologies are needed to provide transparency and common benchmarks when assessing carbon footprint. At a recent event in China, there was general consensus on the importance of adopting a harmonized approach to carbon footprint calculation and disclosure.
Even small quantities of nickel in an application can make a big difference to successful deployment.
Nickel-based alloys and nickel-containing stainless are playing key roles in an emerging source of renewable energy known as thermal solar plants or concentrated solar power (CSP). Their use has enabled the industry to overcome challenges in heat transfer and thermal storage technology.
New energy legislation is set to optimize China’s energy structure and boost the use of non-fossil energy. Aligning with China’s regulatory agenda, nickel will play a vital role in tomorrow’s world powered by cleaner energy.
Food safety starts with rigorous hygiene, and nickel-containing stainless steels are the superior, reliable standard at every link of the food chain.