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Looking by application, Portables and Standbys were slightly positive, while Temporary, Peak Shaving, Baseload, and Cogeneration were all negative by double digits compared to Q1 2020. This translated into a 5% increase in sales to Private consumers, and about 6% decreases in Institutional and Industrial sales.
On a Year-on-Year basis, overall unit sales for Q2 2020 were up 1% compared to sales levels in Q2 2019, with Q1 2020 having almost completely wiped out the gains earned in Q3 2020 of last year.
Eurac Research scientists have analyzed data from 21 fuel cell electric buses (FCEB) and battery electric buses (BEB) in Italy, comparing efficiency, consumption, temperature sensitivity, distances, and cost, and they discovered that Hydrogen buses’ tank-to-wheel (TTW) efficiency is lower than battery electric buses, indicating higher consumption variation for BEBs.
Frontier Energy conducted a pre-feasibility study (PFS) at its Bristol Springs Solar project in Australia to show that it has the potential to be a low-cost green hydrogen producer, with power sourced from the company’s planned first stage 114 MW DC solar farm. The solar would power a 36.6 MW alkaline electrolyser, producing an estimated 4.4m kilograms of green hydrogen per year.
PSR Analysis: With green hydrogen costs being around $3/kg to $6.5/kg, production of green hydrogen at this cost significantly boosts the use of hydrogen as a fuel for either Hydrogen ICEs or FCEVs. It also closes the price gap with dirty hydrogen which is generated using fossil fuels. Dirty hydrogen costs around $1.8 per kg, according to S&P Global. PSR
Guy Youngs is Forecast & Adoption Leadat Power Systems Research
Natasa Mulahalilovic is PSR MarineLink Product Manager
Emiliano Marzoli is Senior Business Development Manager – Europe
Dalibor Sablic is Senior Business Development Manager – Europe
SUMMARY: The general mood at Boot 2020 this year was very positive. Most builders said they had a very successful nautical 2018/2019 year, and most said they are looking forward to a good year in 2020. The show drew 240,000 visitors who had an opportunity to meet 1,900 exhibitors from 71 countries.
The Sailing boats segment is coming back on track, motorboats of all sizes are doing well, the super yachts segment remains strong, and inflatable boats and tenders have gained in popularity. The optimistic view for 2020 is based on good year-end results, continuous investments in new technologies, materials, equipment, design and exciting new boat concepts.
Natasa Mulahalilovic
Modern designs, completely new looks, use of light and solid material, work on multi-functionality and openness of the boats is visible everywhere and in all segments. Boats are open more than ever, providing more space and light, and bringing riders closer to the water.
The environmental awareness is growing, and a new generation of boaters is looking for cleaner solutions, not just comfort. That’s why the sailing segment is gaining ground, electric boats are appealing to the general curiosity, and small and medium motorboats are more attractive than in last 10 years when the trend was towards bigger motor yachts and super yachts.
17 Halls of Boats, Boats and More Boats
Duesseldorf, Germany–The Power Systems Research (PSR) team spent several days exploring the 17 halls at this year’s Boot 2020 Show, reviewing products and talking with pleasure boat builders, traders and other industry professionals about the latest achievements, innovations and trends.
The 51st edition of Boot 2020, Europe’s largest boat show, wrapped up January 26, after drawing attendance of 240,000 for the nine-day event. People came mainly from Europe, but they came from all over the world, as well.
SUMMARY. As we are halfway through 2023, there is more uncertainty with the economy than earlier in the year. The general consensus is there will be a recession coming soon in the United States, and now it is just a matter of whether this will happen later in 2023 or the first of part of 2024.
The latter may be more assumed recently. The stock market has not fallen, and the US economy has not entered a recession this year, 2023. Some of the factors that have prevented this are market investors being enthusiastic over AI (Artificial Intelligence) potential, the Federal Reserve’s pause in interest rate increases, and the slowdown of inflation. So seemingly the pause button has been hit on recession scenarios.
MOSCOW–The Moscow Boat Show conducted here March 5-9 in the Crocus City Expo center occupied two exhibition halls with total square of 19,000 sq.m., but it was much different in several ways than previous shows.
Maxim Sakov
The number of boats shown was 30% less than during last year’s event. And the organizers of the show left a lot of empty space even in the dedicated halls. This looked strange because often there were only narrow passages between boats.
Surprisingly, more than 50% of the boats at the fair were produced domestically. Jeanneau, Beneteau and some other brands were also here, brought by a local dealer, but in smaller sizes and numbers than last year’s show. Some EU and Turkish shipyards exhibited at the fair, but did not bring anything besides marketing materials.
Rolls Royce Holdings’ 2022 Annual Report shows significant performance improvement compared to 2021. Its four business units posted revenue of £12.691 m (£10.947 m in 2021), gross profit of £2.477 m (£1.996 m in 2021) and operating profit of £652 m (£441 m in 2021). Civil aerospace business unit made 49% of the revenue, Defense 29%, and Power Systems 26%.
The Power Systems business unit is the home for the mtu brand developing and manufacturing power systems and solutions for commercial marine, industrial, defense and yachts as well as power generation. Headquartered in Germany, it closed the year with a record revenue of £3.347 m, a gain of 23 % comparing to the prior year. Orders for 2022 were £4.3 billion, 29% higher than the orders placed in 2021.
SUMMARY: In this article we provide a global overview on a regional basis of the medium and heavy commercial vehicle market (GVWR > 6 MT’s) along with current trends and OEM happenings in North America.
NORTH AMERICA. MHCV production in North America is expected to decline by 35% in 2020 compared to 2019. However, orders for class 8 trucks improved significantly in Q4 2020 as large fleets placed their orders for a 2021 build. This appears to signal an improvement in demand for 2021 as the market aligns itself with the expected freight level moving forward. The consumer segment was strong during the last half of the year and the industrial segment is now expected to improve, as well.
German boat manufacturer HanseYachts AG has announced preliminary financial results for 2020-2021 that it has described as “exceptional for the company in all respects.”
The group, established in 1990, manufactures sailing, motor yachts and luxury sailing, and motor catamarans under the brands Hanse, Dehler, Moody, Privilege, Fjord and Sealine. Boats are produced in Germany and France, and are equipped with Volvo, Yanmar and Mercury engines.
Despite the production problems caused by delays in parts supply, the group achieved record results in 2020/2021, with the order book counting more than 1,000 boats. Previously, the group’s best year was 2007/2008 when 940 boats were ordered. The revenue this year is expected to be more than € 230 million.
“By 2025, the national gas storage capacity of intensive layout will reach 55 billion ~ 60 billion cubic meters, accounting for about 13% of natural gas consumption. Build a green and low-carbon transportation system, optimize and adjust the transportation structure, vigorously develop multi-modal transport, promote the medium and long-distance transportation of bulk goods “from rail to water”, encourage the use of clean fuels such as LNG in the field of heavy-duty trucks and ships, and strengthen the guarantee of clean energy supply in the transportation industry. It is emphasized that the LNG storage and transportation system in Bohai Rim region, Yangtze River Delta region and Guangdong Hong Kong Macao Bay area should be continuously improved, and the core is the construction of LNG terminal.”
PSRAnalysis. China’s LNG import volume in 2022 is expected to surpass Japan and become the world’s largest LNG importer. At the same time, China has built 22 LNG terminals. There are more than 200 LNG manufacturers in China, with an annual capacity of about 30 million tons.
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