The World Bank estimates the African country of Uganda will start pumping crude oil within two years which could help the country transform its economy and society dramatically if revenues are managed appropriately. Uganda is a low-income nation with nearly 20% percent of the population living at or near the poverty level. Until now, the country’s primary source of income has been agriculture. However, the bank believes the country could become “upper middle income” by 2040 if its oil resources are managed correctly. The US. Energy Information Administration says Uganda holds an estimated 2.5 billion barrels of crude oil reserves. The Ugandan government estimates it could recover about half of that. Once production begins, the World Bank estimates Uganda could bring in up to $2 billion per year in revenues.

McKinsey Energy Insights predicts that the current global liquefied natural gas (LNG) oversupply could last until 2024. The excess supply is exacerbated by the 100 million tpy of new export terminal capacity currently under construction in the US and Australia. By 2019 oversupply will peak at 60 million tpy.

ValueWalk tells us about the evolution of battery technology with an infographic.

cnet informs us how wireless power works while Hackaday explains the operation of transformers.

The German engineering company Siemens believes it can power unlimited-distance electric trucks with intermittent overhead wires that provide enough energy for fast-moving, long-haul highway journeys. With on-board batteries added to the trucks, the company estimates all of Germany’s roads could be can be outfitted for long-distance electric hauling with 4,000 kilometers of wire. Trucks would be able to recharge on highways and operate on battery power while on rural and urban streets.

Nissan plans to develop the world’s first ethanol-powered electric car motor. The Japanese automaker is creating a solid oxide fuel-cell (SOFC)-powered system that runs on bio-ethanol electric power. The new system features an e-Bio Fuel-Cell with an SOFC power generator. The e-Bio Fuel Cell generates electricity through the SOFC  (power generator) using bio-ethanol stored in the vehicle. Yydrogen is transformed from fuel via a reformer and atmospheric oxygen, with the subsequent electrochemical reaction producing electricity to power the vehicle. Nissan expects the vehicle will have cruising ranges similar to petrol-powered cars (more than 600 kilometers). Bio-ethanol fuels, including those sourced from sugarcane and corn, are available in countries in North and South America and Asia.

A new pan-European initiative is underway to enhance the continent’s hydrogen fuel infrastructure. The initiative is called H2ME 2 and will take place over six years, bringing together 37 partners from throughout Europe. H2ME 2 aims to bring 1,230 fuel cell vehicles to Europe, with some 20 new hydrogen stations being built to support the adoption of these vehicles.

By 2020 the US state of Texas could become the first state in that country to begin running 200 mph-plus fast trains between the cities of Dallas and Houston. Construction is expected to start at the end of next year.  The state of California is expected to have its first high speed train operating by 2022. The project hopes to ensure the success of fuel cell vehicles in Europe.

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