Articles by author: Michael Davies
Takeaways Battery technology is progressing slowly and advances in lithium-metal are not yet commercially available Federal EV battery incentives pertain to countries with US free trade agreements: Australia, Canada, and Chile Battery supply is constrained by metal mining and production is limited by complex and costly process technologies More research and product production methods are […]
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Clean Energy Sets $1.1 Trillion Record That’s Bound to Be Broken
(Bloomberg) — Last year was a double milestone for decarbonizing the world’s energy system. It was the first year when investment in the energy transition equaled global investment in fossil fuels, according to the latest data release from clean energy research group BloombergNEF. The money flowing into the upstream, midstream and downstream segments of oil and gas, and […]
American Airlines Sees Profit Above Estimates on Steady Demand
(Bloomberg) — American Airlines Group Inc. expects profit this year to exceed estimates following a slow start, as steady demand for air travel keeps an industry recovery going into 2023. Full-year adjusted earnings will be $2.50 to $3.50 a share, the Fort Worth, Texas-based carrier said in a statement Thursday that also detailed fourth-quarter results. […]
Chipotle Seeks to Hire 15,000 Workers Amid Tech Layoffs
(Bloomberg) — Chipotle Mexican Grill Inc. is adding 15,000 jobs across its North American locations — a sign that demand for restaurant food is robust despite high inflation and economic uncertainty. The burrito chain’s hiring push is meant to ensure its more than 3,000 US restaurants are fully staffed for the company’s busiest season, which […]
The Possible Achilles’ Heel of EVs and Energy Storage
Takeaways Battery technology is progressing slowly and advances in lithium-metal are not yet commercially available Federal EV battery incentives pertain to countries with US free trade agreements: Australia, Canada, and Chile Battery supply is constrained by metal mining and production is limited by complex and costly process technologies More research and product production methods are […]
Transformational Trends in Energy and Data
Speaker of the House Nancy Pelosi’s recent visit to Taipei, Taiwan, sparked controversy when China issued warnings about consequences arising from her making the trip. What led to Speaker Pelosi’s visit in the first place is at the heart of two transformational trends taking place today: energy and data. What’s the connection? Half of the […]
Energy Transformation: EV Charging Capacity and Consumption Impact on Grid
The bipartisan National Electric Vehicle Infrastructure (NEVI) funding bill guidelines offer insight into how EV charging will impact the grid. Grid impact and demand capacity, energy consumption, and the feasibility of renewable energy, as well as energy storage viability, are the lenses upon which to examine grid impact and demand capacity. In our first look […]