Technology

[New] Airport shuttle operators must begin adding zero-emission shuttles to their fleets by 2027 and complete the transition to ZEVs by the end of 2035.
[New] The power of open banking is still relatively untapped and will be an area of massive growth in the next couple of years.
[New] Colombia just announced a new economic recovery plan that will spend $4 billion on renewable energy and energy transmission projects, including nine wind, five solar, three geothermal and one hydropower project.
[New] Investments on operating systems, security software and virtualization technology round out the top five software categories global companies will prioritize in 2021, signaling sustained enterprise interest in enabling remote work.
[New] To take a global energy system that relies on fossil fuels for around 80% of primary energy down to net-zero by approximately 2050, a fundamental transformation at speed and scale will be required, including by China, the United States, Europe, and others.
[New] The cost of battery storage has plummeted by about 80% since 2010, and expects storage system costs to fall another 60% by 2030.
[New] China, the world's second largest economy, is forecast to reach a projected Cloud Computing Services market size of US$ 222.5 Billion by the year 2027 trailing a CAGR of 22.1% over the analysis period 2020 to 2027.
[New] Europe's crop protection industry has adopted a set of ambitious commitments to support Europe's new Green Deal, including an investment of over €14 billion in new technologies and more sustainable products by 2030.
[New] Over the next 10 years, battery storage is expected to be the fastest growing source of power system flexibility, thanks to economies of scale and improvements in technology.
[New] In 2020, the National People's Congress unveiled a five-year plan in which municipalities, provinces, and companies will invest close to $1.4 trillion in building new infrastructure through AI, data centers, 5G, the Industrial Internet, and other new technologies.
[New] Kenya's Organic Consumers Alliance wants to ban use of all GMOs and hopes to scare farmers, consumer and Kenyan regulators into compliance.
[New] The UK is achieving less than half of the required build rate to deliver energy systems that will reach net-zero emissions by 2050.
[New] Economy Recovery, finds that as water infrastructure deteriorates and service disruptions increase, annual costs to American households due to water and wastewater failures will be seven times higher in 20 years than they are today - from $2 billion in 2019 to $14 billion by 2039.
[New] The early hydrogen investments by companies, including NextEra Energy and Dominion Energy, are expected to help commercialize a costly technology that has been slow to develop despite its ability to provide a steady carbon-free power source.
[New] The global market for advanced driver assistance systems (ADAS) is expected to reach more than $67 billion by 2025, growing more than 10% each year, though automotive sensor growth has been slowed by COVID-19.
[New] The UK government expects quantum computing to provide £4 billion of economic opportunities globally by 2024, while in the coming decades productivity gains resulting from quantum computing are expected to surpass over £341 billion globally.
[New] The global sterilization technology market is expected to reach a market value of USD 8,142.61 million by 2023 from USD 5,074.58 million in 2017 at a CAGR of 8.20% during the forecast period from 2018 to 2023.
[New] The World Bank estimates that connecting every African business, individual and government to digital technologies by 2030 can boost growth by up to 2% per year, and reduce poverty by 1% per year.
[New] Global markets for new clean-energy technologies will be worth trillions of dollars in the coming decades.
[New] Of 46 technologies needed to address the climate crisis, only six are advancing on track for mass deployment to enable net-zero emissions by 2070 and restrain global warming below 2 °C.

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Last updated: 21 September 2020