Renewable Energy

Cal on May 24th, 2017

Excerpted from the Wall Street Journal, May 21, 2017   Get Ready for Peak Oil Demand There’s a growing consensus that the end of ever-rising consumption is in sight. The big question that many oil companies are debating: When?   The world’s largest oil companies are girding for the biggest shift in energy consumption since […]

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Cal on May 23rd, 2017

Switzerland has voted in a referendum to provide billions of dollars in subsidies for renewable energy and to ban new nuclear plants. A proposed new Swiss law (“Energy Strategy 2050) plans to increase domestic renewable energy, reduce fossil fuel use, and reduce reliance on foreign energy supplies. The European country wants to increase solar and wind power capacity by 400% by […]

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Cal on May 21st, 2017

China and Japan have started harvesting methane ice from the seafloor.  Commercial development of the globe’s huge reserves of methane hydrates or “combustible ice” has moved closer to reality after these Asian companies have successfully extracted the material from the seafloor off their coastlines. Methane hydrate is a frozen mixture of water and concentrated natural gas that can be […]

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Cal on May 20th, 2017

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Cal on May 13th, 2017

UK startup Tokamak Energy Ltd. activated its ST40 fusion reactor last week and achieved first plasma, an early milestone on the path to higher energy tests, and eventually, electricity production. The company is hoping the ST40 will show fusion temperatures—100 million degrees Celsius—are possible in compact, cost-effective reactors. Tokamak’s compact reactor is about 100-times smaller than ITER (International […]

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Cal on May 9th, 2017

San Francisco think tank RethinkX says self-driving electric cars will dominate US roads by 2030. Within 13 years self-driving cars will represent 95% of all car miles driven in the US.  While 40% of the cars in 2030 will still be of the internal combustion variety, they will represent just 5% of the consumer miles driven. This forecast is […]

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Cal on May 7th, 2017

Russian energy company Gazprom reported total cumulative production from the Novoportovskoye oil field above the Arctic Circle has reached 35 million barrels. Eighty-five wells are currently in operation at the field, producing between 50 and 1,100 tonnes of oil per day. Pilot projects were completed in 2014 and shipments facilitated by an icebreaking-vessel made it so the […]

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Cal on May 2nd, 2017

Global energy companies have sold off more than $22.5 billion worth of Canadian oil sands assets so far this year, concerned about depressed crude oil prices, high production costs, carbon emissions, and limited pipeline access to global markets. More energy efficient appliances, LED lighting, and a shift away from heavy industry all have contributed to a […]

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