During 2011, permanent magnet machine manufacturers experienced moments of fear. The prices for rare earth materials were spiraling upwards uncontrollably. Since then, the situation has stabilized to a level slightly higher than before the crisis. But what’s the overall situation right now?
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PM machines help reboot the ROPAX industry
Today, two market conditions mark the ROPAX industry as ready for environmentally friendly innovations, such as permanent magnet machines. First, fuel prices have gone up.
The Tesla of the Seas
Quiet yet powerful. Practical yet stylish. Fast yet environmentally responsible. The must-get automobile of the jet set, Tesla has taken the world’s highways by storm. But is there a similar craft that can conquer the oceans? What is the “Tesla of the Seas”?
Will hydrogen fuel power the shift to a greater use of renewables?
The global maritime industry is now on the threshold of a committed move towards renewable energy, with hydrogen as the potential acid test in the shift away from fossil fuels.