Electric vehicle drivers can estimate their personalized fuel savings with new Argonne tool

Argonne National Laboratory’s new tool lets drivers estimate personalized fuel savings for electric vehicles, based on local factors.

Argonne drops data on the question of efficient drone use for e-commerce deliveries

New models developed by Argonne can help industry discover the energy impact of drone delivery for e-commerce goods. A new study focuses on drone energy consumption compared to using conventional diesel trucks and battery-operated electric vehicles.

Li-Bridge outlines steps for U.S. to double annual lithium battery revenues to $33 billion and provide 100,000 jobs by 2030

A public-private alliance, convened by the U.S. Department of Energy and managed by Argonne National Laboratory, released an action plan to accelerate the creation of a robust domestic manufacturing base and supply chain for lithium-based batteries.

New model predicts US recessions, slowdowns based on level of financial misreporting in economy

Researchers at the Indiana University Kelley School of Business and the University of Missouri have devised a more accurate model to predict recessions and economic slowdowns, based on the aggregate probability of financial misreporting in the economy. Kelley School accounting professors Messod D. Beneish and David B. Farber found that recessions and economic slowdowns are more probable when there is a higher likelihood that financial statements have been manipulated.

What will it cost to cut the carbon footprint of cars sold in the U.S?

Argonne worked with automakers and energy companies to conduct a cradle-to-grave analysis of light-duty vehicles, which estimated the current and potential future costs and greenhouse gas emissions for vehicles over the entire course of their life cycle.

WVU researchers see inflation hitting some businesses harder than others

As inflation surpasses 9% and investors brace for the possibility that the Federal Reserve will raise interest rates a full percentage point, two West Virginia University economists point out that the pain is not created equal, with the economic tailspin…

A 10-year look at the battery supply chain in America

A new report summarizes the manufacturing and production locations of lithium-ion battery cells and packs by make and model for PEVs sold in the U.S. from 2010 to 2020. It also summarizes the annual and cumulative Li-ion battery capacity installed in hybrid electric vehicles (HEVs) sold in the U.S.

Argonne leads creation of definitive valuation guide for pumped storage hydropower

Argonne scientists led four other laboratories in developing definitive guidance on how to value pumped storage hydropower projects. Their efforts resulted in DOE publication of the Pumped Storage Hydropower Valuation Guidebook: A Cost-Benefit and Decision Analysis Valuation Framework. The guide provides an objective, transparent valuation methodology and helps measure both monetary and non-monetary value streams.

MAPPING COVID RISK IN URBAN AREAS: A WAY TO KEEP THE ECONOMY OPEN

As COVID-19 vaccines slowly roll out across the world, government officials in densely populated countries must still manage vulnerable communities at highest risk of an outbreak. In a new study published in the journal Risk Analysis, researchers in India propose a COVID Risk Assessment and Mapping (CRAM) framework that results in a zoned map that officials can use to place more targeted restrictions on high-risk communities. Successfully used by officials in Jaipur at the peak of the pandemic last spring, their framework could help other vulnerable countries avoid a shutdown of their regional economies.

Great expectations: Argonne scientists weigh benefits of increased hydrogen production

Hydrogen technology has the potential to transform aspects of the energy landscape, according to a new report from Argonne scientists.

UA Little Rock receives $300,000 grant to create statewide economic recovery plan

The University of Arkansas at Little Rock has received a $300,000 grant from the U.S. Department of Commerce’s Economic Development Administration. The two-year project will include the creation of an economic recovery plan as well as the development of a history of the economic impact of COVID-19 on the state.

ReCell Center could save costly nickel and cobalt, transform battery recycling worldwide

Argonne’s ReCell Center has already made pivotal discoveries as scientists create and test new recycling processes and battery designs. These discoveries will help grow a globally competitive U.S. recycling industry.

Nobel laureate Oliver Williamson, pioneer of organizational economics, dies at 87

Oliver Williamson, a UC Berkeley and Haas School of Business professor for nearly three decades whose elegant framework for analyzing the structure of organizations won him a Nobel Prize in Economic Sciences, passed away on May 21, 2020 in Berkeley, Calif. at the age of 87. His death followed a period of failing health. Williamson’s work permanently changed how economists view organizations.

Precision medicine guides choice of better drug therapy in severe heart disease

Is personalized medicine cost-effective? Researchers have answered that question for one medical treatment, genotype-guided antiplatelet therapy for acute coronary syndrome patients with PCI. Their study uses pharmacogenomics and economic analysis of real-world clinical data.

EXPERT PITCH: Disruption of sports has ‘substantial, uncertain’ impact on long-term broadcast rights, ticket sales, fan attendance, says WVU economist

With fears over the novel coronavirus shuttering the sports world, Brad Humphreys, economics professor at West Virginia University, said the long-term economic impact could be “substantial” and “uncertain.”  Humphreys, whose area of expertise is the economics and financing of sports,…

Expert analysis by Thunderbird’s Doug Guthrie: The Age of Cooptation: The Cost of Doing Business in Xi’s China

The Age of Cooptation: The Cost of Doing Business in Xi’s China (Business, China, China Capitalism, International Trade, Supply Chain, Xi Jinping, Covid19, Coronavirus)   By Doug Guthrie The cost of doing business in China today is a high one,…