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NexGen Announces Commencement of 2021 Field and Regional Exploration Drilling Programs at the Rook I Property

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  • The Rook I property is host to numerous electromagnetic (“EM”) conductors and structural corridors which have yet to be explored as the focus has been on the development of the Arrow Deposit over the last several years.
  • Target high priority areas within a 10 km radius of Arrow including along the Patterson Lake Corridor which hosts the Arrow Deposit. Together with priority targets along the Derkson Corridor which is directly parallel and to the east of the Patterson Corridor that hosts the Arrow Deposit.
    • Arrow 2.0 Target – exploring greater than 300 m below known mineralization at Arrow to test for a replication of Arrow at depth where high grade mineralization remains open.
    • Camp East Target – testing strong geophysical targets along a northeast conductor coincident with a regional north-northeast trend from Camp East through South Arrow and Arrow.
    • Derkson Corridor – Parallel conductor corridor adjacent to the east of the Patterson Lake conductor corridor with highly prospective geophysical targets with known uranium mineralization drilled in historical drilling northeast, off of the SW2 property.
      • Derkson East Target – series of northeast-southwest trending conductors within a strong geophysical and geochemical footprint.
      • Derkson West Target – similar conductor to Patterson Lake Corridor with northeast-southwest trending conductor along magnetic gradient. Also, strong geophysical and geochemical characteristics.

All target areas exhibit similar geophysical characteristics to Arrow, including strong conductive signatures with numerous off-sets coincident with discrete gravity lows and steep magnetic gradients. Structural interpretations across the property suggests several EM conductors lie along significant rheological/lithological contrasts which have been interpreted to possess structural conditions favourable for localizing uranium mineralization. Additionally, analysis of previous drilling has also revealed several target areas contain prospective alteration and geochemical signatures indicative of uranium bearing systems.

Leigh Curyer, Chief Executive Officer, commented: “Recommencement of field activities incorporating regional exploration whilst simultaneously advancing the Rook I Project through final engineering and permitting is an exciting time for NexGen.  The NexGen group has a tremendous track record of discovery and the geological team has been looking forward to recommencing exploration drilling on what they consider to be the most prospective land package globally. Further, the detailed field work this summer is a foundation to future surface and underground infrastructure at the Rook I Project .  “

Troy Boisjoli, Vice-President, Exploration & Community, commented: “We are very excited about the 2021 exploration program. Over the past number of years, exploration and drilling activities have been focussed on optimally developing the strategic Arrow Deposit and this 2021 program is focusing on making new discoveries by evaluating highly prospective exploration targets on the Rook I property. The Derkson Corridor is significantly under-explored. The 2021 exploration program is the culmination of a rigorous process in defining highly prospective drill targets. The NexGen geological team is excited to recommence drilling”.

Exploration Focus:

Arrow 2.0 – The Arrow Deposit is open and remains highly prospective at depth; integration of geophysics (Magnetic and 3D-ZTEM data) and structural interpretation indicate Arrow is hosted on the limb of a large-scale fold that extends to great depth, which suggests the conditions favourable for localizing uranium mineralization also continue to depth. Furthermore, drilling at Arrow shows uranium mineralization, brittle structures, and hydrothermal alteration continue below Arrow. Arrow 2.0 target is designed to be a significant step down-dip from Arrow at depth to test for the replication of high-grade mineralization.

Camp East – Lies along a recently defined north-northeast mineralized trend that includes the Arrow and South Arrow Deposits. Camp East was initially targeted and drilled in 2016 and returned highly prospective alteration, structural disruption, and anomalous geochemistry; intersections of anomalous Boron – a primary pathfinder element – have higher concentrations than the Arrow Deposit. Targeting at Camp East is focused highly prospective geophysical areas where bends and off-sets in the conductor have been interpreted as having increased potential to localize uranium mineralization within the north-northeast mineralized trend from Camp East through South Arrow and Arrow.

Derkson Corridor – Exploration will focus on two target areas on the Derkson Corridor; a parallel conductor to the southeast of the Patterson Lake Corridor (“PLC”) that hosts the Arrow Deposit and several other zones of high-grade mineralization along trend.

The first target area lies on a series of northeast-southwest trending conductors at the edge of a prominent magnetic domain that represents favourable structural conditions for brittle reactivation and focusing mineralizing fluids. The target area is along strike to the southwest of historic drill hole DER-04 that intersected 2.5 m of 0.24% U3O8; an indication of a uranium fertile trend. Previous drilling to the southwest of the first target area has revealed anomalous boron intersections of up to 424 ppm in drill hole RK-15-070. Drilling will target northeast of the boron anomaly at jogs in the conductor that have potential to localize hydrothermal fluids and uranium mineralization.

The second Derkson target lies along a similar northeast-southwest trending conductor to the PLC. Drilling in this area will target zones of structural dilation along the conductor that are interpreted to represent favourable locations for localizing uranium mineralization. A prominent jog on the conductor where the conductive signal weakens along strike of anomalous geochemistry has been prioritized for early program drilling.

2021 Site Investigation:

In addition to the exploration program, field work will be completed in support of Front End Engineering Design (“FEED”) on the Rook I Project through advancement of further site investigations, both underground and surface. Surface investigations will include the completion of test pits and sonic boreholes in locations of planned surface infrastructure. The execution and analysis of these site investigation programs will build upon significant studies that have been incorporated in the recently released Feasibility Study (“FS”) (see News Release dated February 22, 2021). Also, diamond drilling will focus on geological, geotechnical, and hydrogeological characterization of the rock mass proximal to the underground Life of Mine (“LOM”) infrastructure in support of FEED. The drilling will further validate the current design and support the final design of the Underground Tailings Management Facility (“UGTMF”).

About NexGen

NexGen is a British Columbia corporation with a focus on developing the Rook I Project located in the southwestern Athabasca Basin, Saskatchewan, Canada into production. Rook I hosts the Arrow Deposit that hosts Measured Mineral Resources of 209.6 M lbs of U3O8 contained in 2.18 M tonnes grading 4.35% U3O8, Indicated Mineral Resources of 47.1 M lbs of U3O8 contained in 1.57 M tonnes grading 1.36% U3O8, and Inferred Mineral Resources of 80.7 M lbs of U3O8 contained in 4.40 M tonnes grading 0.83% U3O8.  The Rook I Project is supported by a NI 43-101 compliant Feasibility Study which outlines elite environmental performance as well as industry leading economics.

NexGen has a highly experienced team of uranium industry professionals with a successful track record in the discovery of uranium deposits and in developing projects through discovery to production.  The Company is the recipient of the 2018 PDAC Bill Dennis Award for Canadian mineral discovery and the 2019 PDAC Environmental and Social Responsibility Award.

Technical Disclosure

All technical information in this news release has been reviewed and approved by Anthony (Tony) George, P.Eng, NexGen’s Chief Project Officer, and Troy Boisjoli, Geoscientist Licensee, Vice President, Exploration & Community for NexGen. Both are a qualified person under National Instrument 43-101

A technical report in respect of the FS is filed on SEDAR (www.sedar.com) and EDGAR (www.sec.gov/edgar.shtml) and is available for review on NexGen Energy’s website (www.nexgenenergy.ca).

Cautionary Note to U.S. Investors

This news release includes Mineral Reserves and Mineral Resources classification terms that comply with reporting standards in Canada and the Mineral Reserves and the Mineral Resources estimates are made in accordance with NI 43-101. NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. These standards differ from the requirements of the Securities and Exchange Commission (“SEC”) set the SEC’s rules that are applicable to domestic United States reporting companies.   Consequently, Mineral Reserves and Mineral Resources information included in this news release is not comparable to similar information that would generally be disclosed by domestic U.S. reporting companies subject to the reporting and disclosure requirements of the SEC  Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made public by companies that report in accordance with U.S. standards.

Forward-Looking Information

The information contained herein contains “forward-looking statements” within the meaning of applicable United States securities laws and regulations and “forward-looking information” within the meaning of applicable Canadian securities legislation. “Forward-looking information” includes, but is not limited to, statements with respect to mineral reserve and mineral resource estimates, the 2021 Arrow Deposit, Rook I Project and estimates of uranium production, grade and long-term average uranium prices, anticipated effects of completed drill results on the Rook I Project, planned work programs, completion of further site investigations and engineering work to support basic engineering of the project and expected outcomes. Generally, but not always, forward-looking information and statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof.  Statements relating to “mineral resources” are deemed to be forward-looking information, as they involve the implied assessment that, based on certain estimates and assumptions, the mineral resources described can be profitably produced in the future.

Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about NexGen’s business and the industry and markets in which it operates. Forward-looking information and statements are made based upon numerous assumptions, including among others, that the mineral reserve and resources estimates and the key assumptions and parameters on which such estimates are based are as set out in this news release and the technical report for the property , the results of planned exploration activities are as anticipated, the price and market supply of uranium, the cost of planned exploration activities, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment, supplies and governmental and other approvals required to conduct NexGen’s planned exploration activities will be available on reasonable terms and in a timely manner and that general business and economic conditions will not change in a material adverse manner. Although the assumptions made by the Company in providing forward looking information or making forward looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate in the future.

Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual results, performances and achievements of NexGen to differ materially from any projections of results, performances and achievements of NexGen expressed or implied by such forward-looking information or statements, including, among others, the existence of negative operating cash flow and dependence on third party financing, uncertainty of the availability of additional financing, the risk that pending assay results will not confirm previously announced preliminary results, conclusions of economic valuations, the risk that actual results of exploration activities will be different than anticipated, the cost of labour, equipment or materials will increase more than expected, that the future price of uranium will decline or otherwise not rise to an economic level, the appeal of alternate sources of energy to uranium-produced energy, that the Canadian dollar will strengthen against the U.S. dollar, that mineral resources and reserves are not as estimated, that actual costs or actual results of reclamation activities are greater than expected, that changes in project parameters and plans continue to be refined and may result in increased costs, of unexpected variations in mineral resources and reserves, grade or recovery rates or other risks generally associated with mining, unanticipated delays in obtaining governmental, regulatory or First Nations approvals, risks related to First Nations title and consultation, reliance upon key management and other personnel, deficiencies in the Company’s title to its properties, uninsurable risks, failure to manage conflicts of interest, failure to obtain or maintain required permits and licences, risks related to changes in laws, regulations, policy and public perception, as well as those factors or other risks as more fully described in NexGen’s Annual Information Form dated March 11, 2020 filed with the securities commissions of all of the provinces of Canada except Quebec and in NexGen’s 40-F filed with the United States Securities and Exchange Commission, which are available on SEDAR at www.sedar.com and Edgar at www.sec.gov.    

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or statements or implied by forward-looking information or statements, there may be other factors that cause results not to be as anticipated, estimated or intended.   Readers are cautioned not to place undue reliance on forward-looking information or statements due to the inherent uncertainty thereof.

There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.

SOURCE NexGen Energy Ltd.

Related Links

http://www.nexgenenergy.ca/

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Source: https://www.prnewswire.com:443/news-releases/nexgen-announces-commencement-of-2021-field-and-regional-exploration-drilling-programs-at-the–rook-i-property-301340806.html

Energy

Wie doet er mee aan de Race to Zero?

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Introductie van nieuwe tool om te helpen bedrijven te identificeren die zich actief inzetten voor het klimaat

LONDON, 25 september 2021 /PRNewswire/ — Race to Zero, de door de VN ondersteunde campagne die bedrijven, steden, investeerders en andere niet-gouvernementele actoren oproept om voor 2030 wereldwijde emissies te halveren, lanceerde vandaag een nieuwe tool om te zoeken naar leden in hun campagne. De tool is gericht op het prijzen van die entiteiten, die zich inzetten voor robuuste netto nul-emissiedoelstellingen.

De tool, die gratis ter beschikking wordt gesteld door Tableau, een mondiaal topanalyseplatform, plus Salesforce, wereldwijd toonaangevend in CRM, laat het naadloos filteren en zoeken toe van wie meedoet aan de Race to Zero.

Tijdens de opening van Climate Week NYC onderstreepte Al Gore eerder deze week het cruciale belang van transparantie – het gebrek daaraan bleek namelijk een belangrijke reden, waarom actie tot nu toe nog niet ambitieus genoeg was. De nieuwe visualisatietool van Race to Zero, die werd ontworpen met behulp van het Tableau-platform, somt alle entiteiten in de campagne op en draagt bij tot de samenstelling van een duidelijk beeld van die belanghebbenden, die zich actief inzetten voor robuuste netto nul-emissiedoelstellingen, waarmee ze een sterk signaal sturen aan hen die niet in de lijst staan, dat ze een tandje moeten bijsteken.

Elk lid van Race to Zero zet zich in voor hetzelfde overkoepelende doel: het snel en eerlijk verminderen van de uitstoot in alle toepassingsgebieden, in overeenstemming met het Akkoord van Parijs, met transparante actieplannen en robuuste doelstellingen op korte termijn. Samen vormen ze de brede alliantie van niet-gouvernementele actoren die zich inzetten om uiterlijk 2050 netto nul-emissies te bereiken. Race to Zero-leden voldoen allen aan de vereiste minimumcriteria voor deelname aan de campagne en worden gestimuleerd door hun partnerinitiatieven.

De Tableau-tool helpt ook bij de registratie van de vooruitgang per branche, waar specifieke kortetermijnknelpunten liggen voor meer dan 20 sectoren, die samen de wereldeconomie vormen, ook wel 2030 Breakthroughs genoemd. Samen brengen ze tot uitdrukking wat belangrijke spelers moeten doen en wanneer de sectorveranderingen die nodig zijn om uiterlijk in 2050 een volledig CO2-vrije toekomst te bereiken.

Bij de lancering van Climate Week NYC kondigde de UN High Level Climate Action Champions al aan, dat meer dan de helft van de belangrijkste sectoren van de wereldeconomie inmiddels breakthrough-ambities hadden bereikt. In elk van deze 15 sectoren, van schone energie tot farmaceutische producten en medische technologie tot beton en cement, heeft minimaal 20% van de grootste bedrijven in termen van omzet zich geschaard achter sectorspecifieke 2030-doelstellingen – in lijn met het leveren van netto nul-emissie in 2050 – waaronder doelstellingen zoals 60% hernieuwbare energieopwekking in de energiesector en 5% emissieloze brandstof in de scheepvaartsector.

Chris Lindsay, vicepresident EMEA Marketing bij Tableau zegt daarover, “Nu kan iedereen eenvoudig zoeken in de Race to Zero-database en erachter komen wie zich wel en – minstens zo belangrijk – wie zich niet inzet voor onmiddellijke klimaatactie. Wij zijn er trots op samen te werken met Race To Zero aan dit transformerende initiatief.”

Nigel Topping, UN High Level Climate Action Champion, zegt: “Transparentie is vooral belangrijk om precies te weten waar we staan en hoe ver we nog te gaan hebben. We zijn dankbaar voor de steun van Tableau en Salesforce om ons te helpen, al onze Race to Zero-leden onder de aandacht te brengen en om de stelselmatige verandering die gaande is in alle sectoren van de wereldeconomie door te voeren. Voor zover u nog niet op de lijst staat, dan is het nu het moment om mee te doen met de Race to Zero en bij te dragen aan de 2030 Breakthroughs.”

Gonzalo Munoz, Chile COP25 High Level Climate Champion, zegt daarover: “Ik wil graag Tableau en Salesforce hartelijk bedanken voor hun hulp bij het helder in beeld brengen van wie meedoet aan de Race to Zero, en dus ook impliciet, wie niet. Deze radicale transparantie is van cruciaal belang als we allemaal samen naar een halvering van de uitstoot tegen 2030 willen racen en ik kijk ernaar uit, dat de lijst van Race to Zero-leden blijft groeien en dat de voorgang naar de 2030 Breakthroughs blijft versnellen. We hebben geen tijd te verliezen.”

Over Race to Zero

Race to Zero is de door de VN ondersteunde, wereldwijde campagne die niet-gouvernementele actoren, zoals bedrijven, steden, regio’s en financiële, onderwijs- en gezondheidsinstellingen, ertoe aanzet grondig en ogenblikkelijk actie te ondernemen om tegen 2030 de wereldwijde uitstoot te halveren en tijdig een gezondere en eerlijkere, koolstofvrije wereld te bereiken.

Alle leden zetten zich in voor hetzelfde overkoepelende doel: het snel en eerlijk verminderen van de uitstoot in alle toepassingsgebieden, in overeenstemming met het Akkoord van Parijs, met transparante actieplannen en robuuste doelstellingen op korte termijn.

Onder leiding van de High-Level Climate Champions for Climate Action – Nigel Topping en Gonzalo Muñoz – mobiliseert Race To Zero spelers buiten nationale overheden om mee te doen met de Climate Ambition Alliance, die werd gelanceerd op de UNSG Climate Action Summit 2019 door de President van Chili, Sebastián Piñera.

Over de 2030 Breakthroughs

De 2030 Breakthroughs geven aan wat de belangrijkste spelers moeten doen en tegen wanneer, om de systeemverandering te bewerkstelligen die we nodig hebben om een sterke koolstofvrije wereld te bereiken in de meer dan 30 sectoren van de reële economie.

De 2030 Breakthroughs zijn afgeleid van de Climate Action Pathways – een serie uitgebreide sectorale roadmaps om het Akkoord van Parijs te bereiken in overeenstemming met 1,5 °C, ontwikkeld door de UN High Level Climate Champions en het Marrakech Partnership.

Zie ook: Samen onze systemen actualiseren 

SOURCE Race to Zero

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Source: https://www.prnewswire.com:443/news-releases/wie-doet-er-mee-aan-de-race-to-zero–889034506.html

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Automotive

Why MPG should matter for electric vehicles

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If saving the environment is merely a lifestyle choice, the automakers and their latest electric vehicles have got us covered. Tesla’s Plaid touts performance. Leafs, Priuses and Volts preach humility. And Ford is flexing its muscle with launches of electric Mustangs and F-150s.

But if consumers’ choices are going to contribute to a greener future — if they’re going to opt for energy efficiency over flash — they need the ability to make smart purchasing decisions. To enable that, an old-fashioned measuring stick from the gasoline era could come in handy: the concept of miles per gallon.

In the electric vehicle (EV) era, car shopping is no longer a simple matter of finding a high-MPG car and a cheap gallon of gas. Electricity costs are confusing. Price and efficiency information is hard to find and harder to understand. And ultimately, you have to do the math.

That means getting to know electric energy’s unit of choice: the kilowatt-hour, or kWh — a string of characters better suited to an engineering textbook. To determine their costs and carbon footprints, drivers must solve the brain teasers that turn kWh into dollars and miles.

If you don’t do that, you’re trusting the automakers to do the right thing for you and the environment.

The government can lead on this problem. In fact, it has, and it does. Gas pumps have long been required to list the price of a gallon, gallons pumped and total fill-up cost. A vehicle’s EPA-mandated miles-per-gallon rating — displayed on dashboards and on every new car’s MPG sticker — ties it all together.

So maybe we already have a common denominator for the EV age. A familiar, tangible energy unit that gives us an apples-to-apples way to think about cost, efficiency and pollution.

Fellow Americans, say hello — again — to the gallon. Even as we leave the gas-powered car behind, we can keep its energy unit. It’s tangible, and if it works for the energy contained in gas, we can make it work for electricity.

According to the Environmental Protection Agency, a gallon of unleaded gas contains about 34 kWh of energy. Knowing that, you can easily deduce how much your energy purchase costs and how far it can take you. The gallon can even help you better understand your other electricity usage, putting your home energy costs on an apples-to-apples basis with your automobile’s energy costs.

When I gallon-ized my energy bills for the month of August, I learned:

  • My house used 56 gallons (1,888 kWh) worth of electricity.
  • My average home electricity cost was $6.34 per gallon.
  • At a Tesla supercharger, I paid $8.43 per gallon (25 cents per kWh).

The government already publishes an MPG equivalent for electric and hybrid vehicles. Using MPG, it becomes clear that electric vehicles make up for a lot of that high cost-per-gallon in efficiency, often with ratings over 100 MPG.

MPG is already good for more than car shopping. New York City’s MPG mandates have doubled taxis’ fuel efficiency since 2009. (The city also reserves a portion of taxi licenses — medallions — for hybrids.) Uber and Lyft have announced green initiatives, but their lightly regulated status has let them avoid MPG standards.

Smart energy shopping alone will not solve climate change. Energy watchdogs also need to monitor the industry’s carbon impact from both electricity generation and EV-related hardware manufacturing.

All else equal, though, using less energy means less pollution. And common units can steer us toward smart choices that encompass far more than our cars. Should I buy batteries so I can stock up on electricity when it’s cheapest? Do solar panels make sense? What about better insulation or more efficient appliances?

A high-MPG vehicle and a home that also goes a long way on a gallon? Together, that would be a solid lifestyle choice.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://techcrunch.com/2021/09/25/why-mpg-should-matter-for-electric-vehicles/

Continue Reading

Automotive

Why MPG should matter for electric vehicles

Published

on

If saving the environment is merely a lifestyle choice, the automakers and their latest electric vehicles have got us covered. Tesla’s Plaid touts performance. Leafs, Priuses and Volts preach humility. And Ford is flexing its muscle with launches of electric Mustangs and F-150s.

But if consumers’ choices are going to contribute to a greener future — if they’re going to opt for energy efficiency over flash — they need the ability to make smart purchasing decisions. To enable that, an old-fashioned measuring stick from the gasoline era could come in handy: the concept of miles per gallon.

In the electric vehicle (EV) era, car shopping is no longer a simple matter of finding a high-MPG car and a cheap gallon of gas. Electricity costs are confusing. Price and efficiency information is hard to find and harder to understand. And ultimately, you have to do the math.

That means getting to know electric energy’s unit of choice: the kilowatt-hour, or kWh — a string of characters better suited to an engineering textbook. To determine their costs and carbon footprints, drivers must solve the brain teasers that turn kWh into dollars and miles.

If you don’t do that, you’re trusting the automakers to do the right thing for you and the environment.

The government can lead on this problem. In fact, it has, and it does. Gas pumps have long been required to list the price of a gallon, gallons pumped and total fill-up cost. A vehicle’s EPA-mandated miles-per-gallon rating — displayed on dashboards and on every new car’s MPG sticker — ties it all together.

So maybe we already have a common denominator for the EV age. A familiar, tangible energy unit that gives us an apples-to-apples way to think about cost, efficiency and pollution.

Fellow Americans, say hello — again — to the gallon. Even as we leave the gas-powered car behind, we can keep its energy unit. It’s tangible, and if it works for the energy contained in gas, we can make it work for electricity.

According to the Environmental Protection Agency, a gallon of unleaded gas contains about 34 kWh of energy. Knowing that, you can easily deduce how much your energy purchase costs and how far it can take you. The gallon can even help you better understand your other electricity usage, putting your home energy costs on an apples-to-apples basis with your automobile’s energy costs.

When I gallon-ized my energy bills for the month of August, I learned:

  • My house used 56 gallons (1,888 kWh) worth of electricity.
  • My average home electricity cost was $6.34 per gallon.
  • At a Tesla supercharger, I paid $8.43 per gallon (25 cents per kWh).

The government already publishes an MPG equivalent for electric and hybrid vehicles. Using MPG, it becomes clear that electric vehicles make up for a lot of that high cost-per-gallon in efficiency, often with ratings over 100 MPG.

MPG is already good for more than car shopping. New York City’s MPG mandates have doubled taxis’ fuel efficiency since 2009. (The city also reserves a portion of taxi licenses — medallions — for hybrids.) Uber and Lyft have announced green initiatives, but their lightly regulated status has let them avoid MPG standards.

Smart energy shopping alone will not solve climate change. Energy watchdogs also need to monitor the industry’s carbon impact from both electricity generation and EV-related hardware manufacturing.

All else equal, though, using less energy means less pollution. And common units can steer us toward smart choices that encompass far more than our cars. Should I buy batteries so I can stock up on electricity when it’s cheapest? Do solar panels make sense? What about better insulation or more efficient appliances?

A high-MPG vehicle and a home that also goes a long way on a gallon? Together, that would be a solid lifestyle choice.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://techcrunch.com/2021/09/25/why-mpg-should-matter-for-electric-vehicles/

Continue Reading

Energy

$ 3.45 Bn growth opportunity in Global HSS Metal Cutting Tools Market 2021-2025 | Technavio forecasts 3.98% YOY growth in 2021

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Market Dynamics
Factors such as the growing market for fabricated metal products and the demand for superior quality products and CNC machines will drive the growth of the HSS Metal Cutting Tools Market during 2021-2025. However, capital intensive nature of the market might hamper growth.

The growth in the automotive industry will have a positive impact on the growth of vendors. On the other hand, the slowdown in the Chinese economy is expected to reduce the growth potential in the market.

Company Profiles
The HSS metal cutting tools market report includes information on the product launches, sustainability, and prospects of leading vendors including ERASTEEL, Kennametal Inc., LMT Onsrud LP, Morse Cutting Tools, NACHI FUJIKOSHI Corp., OSG USA Inc., Sandvik AB, Stanley Black and Decker Inc., and Sumitomo Electric Industries Ltd.

Competitive Analysis
The report includes the competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. Some of the factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Market Segmentation

  • By Product, the HSS metal cutting tools market is classified into milling, drilling, tapping, and others. The market growth in the milling segment will be significant during the forecast period.
  • By Geography, the market is classified as APAC, North America, Europe, South America, and MEA. APAC will have the largest share of the market.

Related reports on Industrials include:
Global Laser Cutting Machine Market – Global laser cutting machine market is segmented by product (fiber, solid-state, diode, and others), end-user (automotive, aerospace and defense, electrical and electronics, industrial machinery, and others), and geography (APAC, Europe, North America, South America, and MEA).
Download Exclusive Free Sample Report

Global CNC Vertical Machining Centers Market – Global CNC vertical machining centers market is segmented by product (less than 5-axis and 5-axis or more), end-user (automotive, aerospace, metal fabrication, and others), and geography (APAC, Europe, North America, South America, and MEA).
Download Exclusive Free Sample Report

Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Milling – Market size and forecast 2020-2025
  • Drilling – Market size and forecast 2020-2025
  • Tapping – Market size and forecast 2020-2025
  • Others – Market size and forecast 2020-2025
  • Market opportunity by Product

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2020-2025
  • North America – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • ERASTEEL
  • Kennametal Inc.
  • LMT Onsrud LP
  • Morse Cutting Tools
  • NACHI FUJIKOSHI Corp.
  • OSG USA Inc.
  • Sandvik AB
  • Stanley Black and Decker Inc.
  • Sumitomo Electric Industries Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
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Source: https://www.prnewswire.com:443/news-releases/-3-45-bn-growth-opportunity-in-global-hss-metal-cutting-tools-market-2021-2025–technavio-forecasts-3-98-yoy-growth-in-2021–301383701.html

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