As the world gears up for the United Nations Climate Change Conference (COP-29) in November this year, nations which are most vulnerable to climate change are launching and executing strategies to mitigate the extreme variability and erratic fluctuations in global weather.
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?
Materials selection for any piece of equipment or a process system is rarely a simple task, unless you are exactly replicating something successful. Often engineers will have a checklist to help them narrow down the choices, eliminating groups of materials that are not suitable for various reasons. Austenitic 300 series stainless steels containing 7-35% nickel will have most if not all of the boxes checked for being suitable where a stainless steel is desired.
The selection of an alloy should be guided by careful examination of the needs of the application. Before making a switch, it’s important to fully investigate an alloy’s strengths, weaknesses and applicability to your structure.
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.
Electrification of light-duty vehicles is trending in many parts of the world and is on track to become a consumer driven phenomenon but let’s not forget the heavy-duty vehicles such as trucks and buses.
Geothermal energy for electric power production has a low profile yet is significant in the current and potential energy mix for a number of countries. It has also been described as the most reliable of the renewable energy sources, above weather-dependent wind, solar and hydropower.
The many new and innovative applications of hydrogen as fuel show great promise for a greener future.
The present-day principal driver in the Li-ion industry is the large batteries required for electric vehicles. Due to the size of these batteries and the relative growth of electric vehicles it is predicted that the total Li-ion energy capacity will exceed one tera watt-hour by 2030. This anticipation for a dramatically rapidly expanding industry has stakeholders all along the value chain very motivated to be ready.
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.