Asia

Cal on July 30th, 2017

  The US Energy Information Administration expects the US to become a net exporter of natural gas in 2017 for the first time since 1958. The prediction is based on declining pipeline imports from Canada, increased pipeline exports to Mexico, and greater liquefied natural gas (LNG) exports to Asia and Europe. By 2026, the EIA […]

Continue reading about Energy Facts of the Day

Cal on July 14th, 2017

Global research institute McKinsey & Company has analyzed current energy storage prices and concludes that commercial businesses are getting the economic benefits of cheaper batteries and recent price falls in lithium-ion technology. With battery-pack costs now down to less than $230/kilowatt-hour (vs $1,000/kWh in 2010) storage demand is on the rise across Europe, Asia and the […]

Continue reading about Energy Facts of the Day

Cal on July 9th, 2017

Netherland, Sewell & Associates, Inc. said the volume of natural gas estimated in the Tamar field off Israel stands at 11.2 trillion cubic feet, with an additional 14.6 million barrels of condensate. This is a 13% increase from the previous estimate of this natural gas bonanza. Condensate is an ultra-light mixture of hydrocarbon liquids. Once on […]

Continue reading about Energy Facts of the Day

Cal on July 6th, 2017

  Many people in colder climates wonder about how an electric vehicle performs in winter, especially with the extra energy required to heat the vehicle as well as power through the snow and ice. Green Car Reports looked into this and has provided two articles on this topic:  Driving electric cars in winter: tips from […]

Continue reading about Energy Facts of the Day

Cal on July 3rd, 2017

German automaker Porsche CEO Oliver Blume expects half of its production to be electric vehicles by 2023. The Mission E will be Porsche’s first all-electric vehicle which is planned to enter production in 2019 with 20,000 units. This is 10% of the company’s current production. Porsche is preparing for a capacity of 60,000 EVs per year at its Zuffenhausen […]

Continue reading about Energy Facts of the Day

Cal on June 17th, 2017

In its annual review of world energy, BP said renewable energy contributed almost 40% of the growth in global power generation in 2016. Solar power generation increased 29.6% last year, while wind power grew by 15.6% percent and coal fell 6.2%.  Coal’s decline in electricity production was the largest one year drop on record. Asia-Pacific overtook Europe […]

Continue reading about Energy Facts of the Day

Cal on June 13th, 2017

Last year, for the 5th straight year, the US was the world’s largest producer of petroleum and natural gas hydrocarbons. US hydrocarbon production in energy content terms is almost evenly split between petroleum and natural gas. US crude oil production will, for the first time in nearly 50 years, climb to 10 million barrels per day […]

Continue reading about Energy Facts of the Day

Cal on May 28th, 2017

The world’s largest oil producers agreed this week to continue to hold back oil production for another nine months in a bid to raise sluggish world crude oil prices. The deal was agreed between members OPEC and non-OPEC producers including Russia. The participants said they would continue to make cuts of 1.8 million barrels of crude oil a day until March […]

Continue reading about Energy Facts of the Day