US & South Korean Companies To Onshore More Battery Production To US

Credit to Author: Jennifer Sensiba| Date: Sun, 30 Apr 2023 11:01:17 +0000

The dominance of China in the EV battery supply chain has raised concerns about the geopolitical risks associated with the reliance on one country for essential minerals and battery technology. As Chinese companies control over 70% of lithium-ion battery manufacturing and nearly all stages of the EV battery supply chain, this reliance on China puts […]

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South Korean Companies Snap Up Opportunities to Advance Floating Nuclear, Nuclear Hydrogen, SMRs

Credit to Author: Sonal Patel| Date: Thu, 27 Apr 2023 14:20:43 +0000

Days after Korea Hydro & Nuclear Power (KHNP) announced it would participate in a consortium to develop floating nuclear power plants, the owner and operator of South Korea’s 25 nuclear […]

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Hyundai Motor Group Aims To Become A Top 3 EV Manufacturer By 2030

Credit to Author: Tim Tyler| Date: Sun, 16 Apr 2023 03:05:25 +0000

At the groundbreaking ceremony for Kia’s specialized plant for purpose-built vehicle (PBV) production in Korea, Hyundai Motor Group recently declared its intention to rank among the top three EV manufacturers in the world by 2030 through the combined sales of Hyundai Motor, Kia, and Genesis electric models. Hyundai Motor Group also emphasized its plans to […]

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The POWER Interview: FREYR Leads Wave of New Battery Manufacturing

Credit to Author: Darrell Proctor| Date: Tue, 28 Mar 2023 13:13:16 +0000

Growth in the energy storage market, including the transportation sector, has spurred a ramp-up in global battery manufacturing and investment in new technologies. Passage of the Inflation Reduction Act (IRA) in the U.S. has brought a flurry of announcements from foreign companies eager to build manufacturing plants in America. FREYR, a Norway-based company, late last […]

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POWER Digest [March 2023]

Credit to Author: Sonal Patel| Date: Wed, 01 Mar 2023 05:10:00 +0000

Pakistan Begins Commercial Operation of 1.3-GW Coal Plant. Pakistan on Feb. 7 began commercial operation of a 1.3-GW coal-fired power plant in the Thar Desert in Sindh province, southern Pakistan. The project

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Poland Moves Forward With Country’s First Nuclear Power Plant

Credit to Author: Darrell Proctor| Date: Wed, 22 Feb 2023 15:32:21 +0000

Westinghouse and Poland’s Polskie Elektrownie Jadrowe (PEJ) have finalized a contract for pre-design work on what would be that country’s first nuclear power plant (NPP). The agreement announced Feb. 22 moves forward a project that began late last year when Westinghouse was selected by the Polish government to build a nuclear plant using AP1000 reactor […]

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2022 Set a Global Record for Coal Generation

Credit to Author: Sonal Patel| Date: Wed, 01 Feb 2023 05:12:00 +0000

The recent shake-up in natural gas markets and their ensuing impact on energy security, and geopolitical tension, dramatically altered the trajectory of global coal-fired generation, sending it soaring to

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South Korean President: Country Needs More Nuclear Power

Credit to Author: Darrell Proctor| Date: Tue, 17 Jan 2023 18:24:41 +0000

South Korean President Yoon Suk Yeol said his country’s push to be carbon-neutral by 2050 must include construction of more nuclear power generation, in a reversal of his predecessor’s call to move away from the technology. Yoon, speaking Jan. 16 at an event in the United Arab Emirates (UAE), said his country would renew its […]

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Cute Hyundai Autonomous Robots Now Doing Last-Mile Deliveries

Credit to Author: Zachary Shahan| Date: Wed, 14 Dec 2022 16:30:17 +0000

Robots come in all shapes and sizes, and we are getting a greater variety of autonomous vehicles year after year — or even month after month — as well. They are slipping into more and more locations, and rather than taking over cities in a big explosive way, are performing more services incrementally. I recently […]

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