“You can’t have #GreenEnergy without #Mining.”

There aren't enough raw materials being produced to replace millions of ICE vehicles with #EVs

See the whole post here: “You can’t have #GreenEnergy without #Mining.” There aren't enough raw materials being produced to replace millions of ICE vehicles with #EVs:

Shell $RDS Buys #UK’s Largest #EV #BatteryCharging Network from #Ubitricity

Acquisition of Ubitricity comes as oil major expands presence along power supply chain

Street charging is expected to expand rapidly as customers who lack private driveways and those that wish to charge their vehicles overnight seek greater options

Royal Dutch Shell has agreed to buy Ubitricity, owner of the largest public charging network for electric vehicles in the UK, as the oil major expands its presence along the power supply chain.

Shell said on Monday it would buy 100 per cent of the company for an undisclosed amount. Ubitricity, founded in Germany, is a leading European provider of on-street charging for electric vehicles.

The company, which integrates electric car charging into street infrastructure such as lamp posts, has more than 2,700 charge points in the UK, giving it a market share of 13 per cent.

Shell said the acquisition would help it expand into on-street charging. It already has more than 1,000 fast and ultrafast charging points at 430 Shell retail stations and a greater number including those owned by partners and affiliates at forecourts and motorway service stations.

Shell buys UK’s largest electric vehicle charging network:

2019 Electric Vehicles #EV’s Sales expected to go up by “only” 40%

Electric vehicle sales are Charging Ahead

In 2019 Electric vehicle sales are expected to go up by “only” 40%

There are now almost 5 million passenger electric vehicles on the road globally (over 5 million including buses and other commercial vehicles). We expect another 2.6 million to be sold in 2019. This will represent around a 40% growth rate, down from the 70% growth rate in 2018. China will again lead, with some 1.5 million of those sales, representing around 57% of the global market.

How “Green” is your #EV? Depends, says @WEF

Though electric cars are greener than conventional ones, much of their power still comes from coal.

The surprising truth behind the world's electric cars

Image: REUTERS/Norihiko Shirouzu

The production and sale of electric vehicles accelerated in 2016, with two million cars manufactured and over 750,000 sold globally, according to the International Energy Agency's (IEA) 2017 Global Electric Vehicle report.

And the market is expected to boom further in the coming years. The report predicts electric car stocks will range from between nine million and 20 million by 2020 and between 40 million and 70 million by 2025. Countries around the world are also attempting to ban the sale of petrol and diesel cars, and are encouraging motorists to go green.

However, electric vehicles are not emissions-free. While these vehicles obviously run on electricity, that electricity typically comes from a mix of emissions-intensive fossil fuels, nuclear energy, and power from renewables. That is, unless you live in country like Norway, which generates virtually all of its electricity from hydropower. But Norway is the exception rather than the rule.

Grid cost parity is coming sooner than you think. How will #utilities react? #Renewables #batteries

Great report from @EY 

Utilities are on a countdown to reinvention

The energy industry has long known that radical transformation is coming. Revenues have been under pressure from the rise in renewables; in 2016, clean energy accounted for almost two-thirds of net new power capacity around the world.[1]

The maturing of renewable energy technologies, the proliferation of distributed energy resources, the falling cost of battery storage, and changing, more empowered consumer behavior are shifting how we produce, use, value and trade electricity.

Together these forces have put the energy sector on a path to three critical tipping points:

These dates will vary across global regions, because the trends driving change in the energy sector are different for different markets. But what is certain across all is that change is coming sooner than most of us previously expected. 

Grid cost parity is 2021 

1. Tipping point 1 – when off-grid energy reaches cost and performance parity with grid-delivered energy – will arrive as early as 2021 in Oceania.
2. Tipping point 2 – when electric vehicles (EVs) reach price and performance parity with combustion engine vehicles – will follow from 2025 across the globe. 
3. And tipping point 3 – when the cost of transporting electricity exceeds the cost of generating and storing it locally – will hit the US Northeast region first in 2039.

See the full report here:

https://betterworkingworld.ey.com/digital/energycountdownclock