By Shubhendra Anand, 10 May, 2024

The clean energy transition is growing daily due to consumer awareness of the importance of sustainability. Different countries around the world are investing in renewable energy growth in 2024. China is the leading country in producing renewable energy to support green energy transition by the end of 2050. China's economy is increasing with the clean energy transition in 2024.

Based on a 2024 survey, China's economic condition is gaining economically from investments in the clean energy transition. The country is receiving better economic growth from the investments made in the green energy transition sector compared to other industries in 2024. The surveys reveal that China's economic growth due to clean energy investments is mainly from…

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By Shubhendra Anand, 10 May, 2024

Electric vehicles are gaining momentum in China with the rapid growth of the clean energy transition in 2024. China surprises the world with the country's increasing growth in the automotive sector with electric vehicles. China's April 2024 market shows rapid sales of electric cars in the nation due to a drastic fall in electric vehicle prices.

According to the survey reports on electric vehicle sales, the industry will experience a surge in sales in 2024. This is due to the reduction in electric vehicle prices by China's automotive industry manufacturers. Chinese electric vehicles have faced some challenges in the past economic quarters in order to uplift the market. However, cheaper electric vehicle prices altered the Chinese automotive…

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By Shubhendra Anand, 08 May, 2024

The copper market is experiencing a surge in demand in light of the increasing production of electric vehicles. The surveys conducted in 2024 suggest that the copper market will experience exponential growth by 2035. Artificial intelligence (AI) will play an important role in the copper hike and the demand for electric vehicles in 2024.

The survey reports show that copper demand is expected to surpass 10 million metric tons by the end of 2035. The copper market is soaring high due to the increasing production of electric vehicles in the light of the clean energy transition. The green energy transformation will lead to the set-up of power infrastructure in 2024. Therefore, the copper market sees increasing demand for the metal to power such…

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By Shubhendra Anand, 07 May, 2024

The oil market faces several issues with its price bar in the first half of 2024. Recently, a survey suggested that crude oil prices are affected for several reasons. Geopolitical conflicts in different regions are the foremost reason behind the surge in oil prices 2024.

According to surveys conducted in 2024, crude oil prices are expected to climb higher in the price chart due to ongoing geopolitical issues, inflation conditions, and Federal Reserve policy decisions. These reasons mentioned above will affect the oil market's behavior in 2024. Experts note that geopolitical issues create hurdles in stabilizing economic oil prices. The conflicts in certain oil-producing countries have led to higher oil prices in the last two months of 2023…

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By Shubhendra Anand, 06 May, 2024

Carbon dioxide prices are changing due to fluctuating market conditions in 2024. The trading markets of the European Union experienced a lower carbon emissions rate in 2024. This indicates that the harmful carbon emissions have lowered in the industries. Hence, it is a good sign for the ongoing clean energy transition.

Based on a survey, carbon emissions are decreasing, indicating that industries following the net zero emissions rules emit less carbon dioxide. The survey was conducted at the beginning of 2024. However, the results of less carbon emissions may lead to less funds needed for the green energy transition. At the beginning of 2024, the price per carbon permit on the Emissions Trading Systems (ETS) was at USD 58. It is the lowest…

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By Shubhendra Anand, 02 May, 2024

Artificial intelligence is growing exponentially in today’s world. It is used in different applications ranging from tech to healthcare. Artificial intelligence can transform the efficiency of work in every sector if used wisely. International Monetary Fund (IMF) reports that artificial intelligence has the power to boost the economy of the United Kingdom by 16 percent in the next ten years from 2024. The survey conducted by IMF in 2204 reveals this result recently.

The United Kingdom has been a victim of slow growth and heavy national debt in the last twelve months, from 2204. However, the IMF suggests artificial intelligence can be responsible for improving the economic condition of the country in 2024. International Monetary Fund…

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By Shubhendra Anand, 02 May, 2024

The magnesium metal market is growing due to its versatility in various sectors. The metal is widely used in different industrial applications. Thus, magnesium metal is expected to grow throughout 2024. Magnesium batteries will be an alternative to lithium-ion batteries in 2024. Therefore, recent surveys in 2024 suggest that magnesium metal as an alternative to lithium-ion batteries can be challenging.

Based on the research done by Tohoku University in 2024, magnesium batteries can be recharged, leading to efficient charging and discharging according to temperature changes. Magnesium batteries have been researched to replace lithium-ion batteries in the market for economical and sustainable reasons. It is to be noted that magnesium…

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By Shubhendra Anand, 02 May, 2024

The magnesium metal market is growing due to its versatility in various sectors. The metal is widely used in different industrial applications. Thus, magnesium metal is expected to grow throughout 2024. Magnesium batteries will be an alternative to lithium-ion batteries in 2024. Therefore, recent surveys in 2024 suggest that magnesium metal as an alternative to lithium-ion batteries can be challenging.

Based on the research done by Tohoku University in 2024, magnesium batteries can be recharged, leading to efficient charging and discharging according to temperature changes. Magnesium batteries have been researched to replace lithium-ion batteries in the market for economical and sustainable reasons. It is to be noted that magnesium…

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By Shubhendra Anand, 01 May, 2024

The Chinese government decides to soar in gasoline and diesel prices in between the increasing crude oil prices in 2024. Around the beginning of the first quarter of 2024, crude oil prices are experiencing a sudden price hike. Therefore, the gasoline and diesel prices are set to increase in China as decided by the Chinese government in April 2024.

According to recent reports on the increasing gasoline and diesel prices in China, the prices will increase to USD 27.60 per ton for gasoline and up to USD 27 per ton for diesel in 2024. The Chinese government reveals that gasoline and diesel prices are increasing due to rising crude oil prices. Globally, the rise in crude oil prices affects the domestic oil market in various regions. The Chinese…

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By Shubhendra Anand, 30 April, 2024

The clean energy transition will gain momentum in different nations in 2024. The economies around the world are planning to transform their energy sector to adopt renewables. This is due to the goal of achieving clean energy by the end of 2050.

According to surveys, sustainable development should be established in different developed and developing economies for a better future. However, transforming the energy sectors is expensive for developing nations as it is challenging to eliminate fossil fuels. China is the leading country contributing towards the clean energy transition in 2024. China will support green energy transformation by producing more renewable sources for power generation, such as wind and solar, in 2024. However, China is…

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By Shubhendra Anand, 29 April, 2024

The green energy transition is achieving new heights with the interest of consumers. Clean energy transformation aims to reduce carbonization and other harmful environmental emissions by the end of 2050. Therefore, much research in this regard is gaining momentum in 2024. Recently, a study showed paper can be used to build batteries in greener ways in 2024.  

Researchers mention that the experiment inspired the paper battery from how a plant breathes. They considered the lightweight and recyclability nature of the paper to make this research for plant batteries a success. Thus, the researchers, keeping the nature of paper and plants in general, developed this engineered battery in 2024. This plant-paper-based battery is expected to be…

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By Shubhendra Anand, 26 April, 2024

Globally, the clean energy transition is taking a new shape to transform the face of countries regarding sustainability. Countries worldwide aim to achieve this goal by the end of 2050. The green energy transition demands a lot of changes in the industrial and energy sectors to make the transformation process faster. Recently, surveys have proven that China is leading the world in recycling batteries in 2024.

The demand for electric cars is rising due to the transition to clean energy worldwide. Therefore, there is a need for a more significant number of batteries to be produced to meet the demand of growing electric vehicles in the industry. The clean energy transition alters the face of the automotive industry with a new era of electric…

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By Shubhendra Anand, 25 April, 2024

The automotive industry follows different trends since the beginning of 2024. The automotive industry has experienced many issues in the past two years due to the insufficiency of raw materials and disruptions in the supply chain. However, the sector expects stability in the automotive market throughout 2024.

In 2023, the global automotive industry suffered with fewer vehicles in production. It was due to supply chain disruptions and the lower availability of semiconductors. Thus, the automotive sector anticipates many new trends due to the fluctuating markets of 2024. The clean energy transition also focuses on increasing the production of electric vehicles, as the phenomenon targets reducing emissions by a certain amount by the end of…

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By Shubhendra Anand, 24 April, 2024

Oil consumption maintains a certain level, although oil prices are elevating at a standard rate in 2024. Organization of the Petroleum Exporting Countries (OPEC) suggests that global oil demand is expected to increase in the summer of 2024.

The surveys for the global oil market suggest that oil demand tends to increase in the summer of 2024 due to an increase in the number of travels from consumers. Consumer travel plans elevate the price of oil demands as transportation increases. According to OPEC suggestions, the second and third quarters 2024 will experience robust oil demand. This is due to consumers increasing the rate of travel in the months of summer. Oil prices are expected to increase in the summer of 2024 due to jet fuel…

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