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Industry News
Making the switch to Electric Vehicles

By 2040, the UK plans to have phased out the sale of petrol and diesel powered vehicles. The UK joins a growing number of countries wanting to clean up their act and do their part to reduce climate change by implementing these plans. The UK is not the first country to have made such an announcement, in fact it follows a direct lead from France who is also set to have emission-free vehicle only sales from 2040.

Indeed, a joint effort will be required not only from countries, but also automakers. Volvo, for its part has already announced that all vehicles launched in 2019 and beyond will be Electric or Hybrid Electric.

From a press release the company states “It will launch five fully electric cars between 2019 and 2021, three of which will be Volvo models and two of which will be high performance electrified cars from Polestar, Volvo Car’s performance car arm.” With this initiative, Volvo is looking to make good on its promise to have sold 1 million electric cars by 2025.

US Passes test of Solar Eclipse on the Grid

While the great coast-to-coast eclipse of 2017 was a spectacle to behold, workers at power grid operators and solar plants were holding their breath for different reasons.

Even though only a 70-mile swath of land was plunged into darkness for a maximum of 2 minues and 40 seconds, the entire continent of North America (with the exception of the extreme arctic) saw reduced insolation on August 21.

Grid operators took this opportunity to field test large scale contigency plans and managed to succesfully employ gas and hydro spinning reserve plants during the eclipse.

California, one of the furthest developed states when it comes to Solar Power, was not in the path of totality, lost 3,400MW of solar capacity according to a statement made by Eric Schmitt, VP-Operations of California ISO. This was less than the 4,600MW forecast, and overall the grid operator is looking back positively on the outcomes.

News Headlines
  • JPMorgan thinks the electric vehicle revolution will create a lot of losers - CNBC
  • Supplying Lithium for the Electric Revolution Is Getting Harder - Bloomberg
  • BHP to quit U.S. shale business as annual profit surges - Reuters
  • Brazil’s Government to Reduce Stake in Electrobras - The Wall Street Journal
  • Total to Buy Maersk’s Oil and Gas Business for $4.95 Billion - The New York Times
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