Africa

Cal on May 17th, 2017

India hopes to have an all-electric vehicle fleet by 2030 in order to cut down on greenhouse gas emissions, pollution and reduce the costs associated with fuel imports. India is the third-largest crude oil importer in the world. According to the country’s energy minister, Piyush Goyal, there should not be a single gasoline or diesel […]

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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 April 27th, 2017

Voice of America looks at the future of flying: Electric Planes and Flying Cars. See also CITYLABS, When Cars Fly while The Drive tells us about a hydrogen powered flying car. IDTechEx Research predicts electric vehicles for construction, agriculture and mining will be a $81 billion market in 2027. Transparency Market Research projects the global electric vehicle […]

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Cal on April 19th, 2017

    China continues to increase its electricity generation from coal, which was up 7% year over year in the first quarter. As domestic coal production only increased by 4% during this quarter, the result is a surge in demand for imported coal which is expected to be 30 million tons higher this year than last year. […]

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Cal on April 15th, 2017

The US has shut down 39 gigawatts (GW) of coal-fired electrical generation capacity since 2012 while the UK has closed 8.4 GW in the five years through 2015. (1 GW is the size of a typical nuclear power plant.) Construction on new coal plants fell by nearly two-thirds globally in 2016. US carbon emissions dropped 3% last year as cheap abundant natural […]

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Cal on April 14th, 2017

The African nation of Kenya has awarded a contract for the construction of a geothermal power plant (Olkaria V) which will have 140 megawatt (MW) capacity. With the completion of Olkaria V, Kenya will have 290 MW of geothermal capacity or approximately 10% of the nation’s total electric generation capacity. Scientists from around the world will […]

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Cal on April 11th, 2017

Fitch Ratings Agency is forecasting that global crude oil prices will average $52.50 this year, up from $45.10 in 2016. This figure is still believed to be below the breakeven point for most Middle Eastern oil exporters. Only Kuwait, which is said to have a breakeven point of $45 a barrel is well below the […]

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Cal on April 1st, 2017

A new report from Wood Mackenzie finds the break-even cost for deep water oil and gas projects, the US Gulf of Mexico in particular, has dropped from around $70 per barrel to below $50 per barrel. The report estimates the average cost to develop deep water projects globally have dropped more than 20%. The cost reductions are being driving […]

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