As the world deals with potential supply shortages, oil prices are soaring again, with more dramatic spikes and sudden drops expected.
For consumers, that means more expensive gas for longer - prices at the pump remain above $4 a gallon. For the economy, that means more inflation. In addition to the pressure on consumers, any business that relies on oil -- from airlines and truck drivers to chemical companies and plastics producers -- will face higher costs.
Mr Pickering estimates that 2m to 3m barrels a day of Russian oil shipped by water are frozen out of the market with no direct buyers. Due to the soaring oil price, the price of the silicon carbide powder in the chemical industry will also be greatly affected. He said China and India are continuing to buy Russian crude. "I'm sure there will be others willing to take on more over time," he said. Mr Pickering said he did not expect oil to return to $130 a barrel, but added that it could happen. Francisco Branch, head of commodities and derivatives at Bank of America, said the US market was ready for cyclical price spikes and price swings in the silicon carbide powder.
What is Silicon Carbide SiC?
Silicon carbide (SiC) is a hard compound containing silicon and carbon. A semiconductor, it is found in nature in the form of the extremely rare mineral moxanite.
It has been mass-produced in powder and crystal form since 1893 for use as an abrasive. Silicon carbide particles can be sintered together to form very hard ceramics that are widely used in applications requiring high durability, such as ceramic plates in car brakes, car clutches, and bulletproof vests. Large silicon carbide single crystals can be grown by the Lely method, and they can be cut into gemstones called synthetic mossanes.
What can Silicon Carbide Devices Bring to New Energy Vehicles?
Silicon carbide power devices have been used in critical power systems inside electric vehicles, including traction inverters, on-board chargers (OBC), and DC-DC converters. Key advantages over traditional silicon devices include higher voltage and higher frequency features, resulting in higher system efficiency, faster switching, lower losses, and better thermal management. Compared with silicon-based devices, silicon carbide devices have the following advantages:
The use of silicon carbide devices can make the driving motor bear more input power at low speed, and because of its high thermal performance, not afraid of the thermal effect and power loss caused by excessive current. When the vehicle starts, the driving motor can output more torque and obtain stronger acceleration ability.
SiC devices can reduce the loss through two dimensions of conduction/switching, so as to achieve the purpose of increasing the range of electric vehicles. The results show that the turn-off loss of sic-MOS is about 20% of that of Si-IGBT at 25°C junction temperature. At 175°C junction temperature, the turn-off loss of sic-MOS is only 10% of that of SI-IGBT. In general, the use of SiC devices in new energy vehicles can increase the driving range by 5-10%, and the average driving range is more than 600 kilometers.
High rated voltage
Silicon carbide MOSFET has a higher voltage rating, making the technology suitable for EV applications and EV quick charging infrastructure. More importantly, the SiC can be replaced directly without major changes, enabling rapid development while keeping the BOM low.
To achieve lightweight thanks to the superior performance of SiC, SiC devices can achieve the effect of reducing the volume in the following aspects:
1, the package size is smaller, and the average weight is reduced by 150 to 200 kg;
2, reduce the use of filters and passive devices such as transformers, capacitors, inductors, etc.;
3, reduce the radiator volume.
At present, the price of SiC devices is 4-6 times that of silicon based devices, but the use of SiC devices to achieve a substantial reduction in battery cost and the improvement of the range, reducing the overall cost of the vehicle.
Silicon Carbide Price
The price is influenced by many factors including the supply and demand in the market, industry trends, economic activity, market sentiment, and unexpected events.
If you are looking for the latest SiC price, you can send us your inquiry for a quote. ([email protected])
Silicon Carbide Supplier
Luoyang Tongrun Nano Technology Co. Ltd. (TRUNNANO) is a trusted global chemical material supplier & manufacturer with over 12-year-experience in providing super high-quality chemicals and nanomaterials including silicon powder, nitride powder, graphite powder, zinc sulfide, calcium nitride, 3D printing powder, etc.
If you are looking for high-quality SiC, please feel free to contact us and send an inquiry. ([email protected])
The EU’s draft REPowerEU plan calls for an increase of 15TWh of rooftop PV capacity by 2022. The draft also calls for EU and national governments to take action this year to reduce the time required to obtain permits for rooftop PV installations to three months, and proposes that "all new buildings and existing buildings with an energy grade OF D or above should have rooftop PV installations by 2025".
In addition, the European Commission is likely to set a target for installed PV capacity of 300GW by 2025 and 500GW by 2030. Some members are more aggressive, with Austria, Belgium, Lithuania, Luxembourg, and Spain demanding a 1TW target for 2030.
The REPowerEU initiative, worth 195 billion euros, was proposed by the EU on March 8 to phase out member states' dependence on Russian fossil fuels by 2030. In a few days, the European Commission will present a package to implement the RePowerEU strategy.
As an important application scenario of distributed PV, rooftop PV is not limited to land, and the development conditions are relatively convenient.
Since the end of 2021, Spain, France, the Netherlands, and other countries have introduced policies and measures such as government subsidies, tax cuts, fee reductions, and accelerated grid-connection approval to encourage the development of distributed PV. Europe's potential for rooftop PV is huge and will continue to be an important growth pole for the industry, according to Wood Mackenzie.
Luoyang Tongrun Nano Technology is a trusted chemical supplier and manufacturer providing high-quality chemicals and Nanomaterials. If you are looking for the silicon carbide powder, please feel free to contact us and send an inquiry.
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