OMNI Features｜DOE Allocates $131 Million for EVB Research / Northern Sweden's Green Transition Industry Faces the Risk of High Electricity Prices / Taichung District Agricultural Research and Extension Station Implements 3-Stage Carbon Reduction in Rice Production

｜Department of Energy Allocates $131 Million for EVB Research
The U.S. Department of Energy (DOE) has announced funding of $131 million for truck manufacturers like Cummins and Paccar. This fund aims at battery research, reducing electric truck battery costs, and advancing electric vehicles in the transportation sector. The funding is part of the Biden administration's efforts to diversify the country's battery compositions, seeking cheaper and more accessible components to drive the U.S. energy transition.

｜Northern Sweden's Green Transition Industry Faces the Risk of High Electricity Prices
David Sundén, a researcher at the Stockholm School of Economics (SSE), suggests that the green transition industry plans in northern Sweden may pose a significant risk of soaring electricity prices in the Nordic region. This is primarily due to the growth in energy demand from Swedish steel giants such as LKAB, SSAB, H2 Green Steel, and Fertiberia, planning to produce green steel, ammonia, and fertilizers. Sundén warns that the surge in electricity costs could lead to lower-than-expected revenues for the green industry, advising Nordic countries to expand their energy capacity.

｜Taichung District Agricultural Research and Extension Station Implements 3-Stage Carbon Reduction in Rice Production
Recognizing agriculture as a source of carbon emissions, the Taichung District Agricultural Research and Extension Station is reducing carbon emissions in rice production. Through a 3-stage carbon reduction technology improvement, approximately 0.63 kilograms of carbon dioxide equivalent can be reduced per kilogram of rice produced, contributing to both carbon reduction and the enhancement of rice quality.

Reference: International Trade Administration, MOEA (TITA)｜CNA