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Manufacturers have long complained of cost disadvantage to European peers
...This will change the car manufacturing industry,” said Fatih Birol, executive director of the IEA, which expects oil demand for transport to peak as soon as next year....
...Manufacturing leaving contraction nixes one of the economy’s last few soft spots: Consumer balance sheets have normalised....
...Together with the rapidly increasing investments going into battery manufacturing, this makes a U-turn away from them improbable and impractical....
...It might help to find clever ways of cutting energy use in farming, manufacturing, supply chains and office buildings....
...Utilities and wholesalers, burnt by pandemic supply chain problems, have taken advantage of falling prices to build up stockpiles as Europe works towards green targets....
...Services output grew 0.1 per cent in February, while production — including manufacturing, utilities and mining — increased 1.1 per cent. Construction output fell 1.9 per cent....
...Privately, the company has told investors it is winning as much as a 30 per cent share of the utility-scale US market, according to one Shenzhen-based analyst who asked not to be named....
...I was told that the output of the factory fills between four and seven 53-foot semi-trailers a day, depending on size mix (with 1mn units in each trailer)....
...Some utilities were delaying connecting industrial and data centre customers because of reliability concerns, a trend that risks undermining Biden administration policies aimed at repatriating manufacturing...
...To ensure the west doesn’t become dependent on Beijing for our wind technology in the way it has historically relied on Russia for gas, we need to boost domestic manufacturing....
...In January 2022, on the eve of the full-scale invasion, official Chinese data suggests Russia bought $32mn worth of heavy goods vehicles and trailer trucks....
...He cites conventional car manufacturing. However, the long-term trend away from fossil fuels remains undiminished....
...While European and US politicians complain about Beijing’s generous state support for manufacturing of clean tech products, Dong points to benefits stemming from China’s centralised command and control structure...
...The British utility is in a lot of debt and it’s struggling to control sewage and water leaks....
...A hydrogen hype cycle in early 2020 lifted the market capitalisation of companies such Ceres Power close to that of FTSE 100 utility Centrica. Ceres, worth £2.7bn in early 2021, today is just £419mn....
...More to the point, perhaps, is the fact that the US receives a premium to Europe in every sector save one — even relatively slow-growing ones like financials, energy, utilities and materials....
...Solar power installation is still rising quickly and solar manufacturing capacity rose 70 per cent in 2022 and is on track to double again by 2024....
...People or the company or manufacturing facility are quite familiar with receiving utility bills and pay the bill afterwards....
...Ceres licenses its technology and hopes to reap royalties from manufacturing partners. It thus has a less capital-intensive business than, say, local peer ITM Power which does make its equipment....
...Sadek Wahba, managing partner of I Squared Capital, said investments into infrastructure assets with regulated returns, such as water utilities in the UK, had been hit hardest by rising rates because they...
...Oklo is aiming to build its reactors for under $60mn, a fraction of the cost of the larger utility scale projects that make-up the existing US reactor fleet....
...Manufacturing further up the supply chain, though, has been slower to catch up. The first US cell, wafer and ingot manufacturing plants are expected to come online later this year....
...A new Big Read discusses what’s next as the country tries to reduce its dependence on manufacturing....
...The utility Dominion Energy this week won regulatory approval to build a 2.6GW offshore wind farm in Virginia....
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