Australia

Cal on December 14th, 2017

Tesla’s lithium-ion storage battery, the largest in the world, is now operating in the state of South Australia. The 129-megawatt-hour battery has the capability to store and dispatch electricity generated by a nearby wind farm. It can power some 30,000 homes. Frequent blackouts have been causing havoc in South Australia in the past two years. As […]

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Cal on November 29th, 2017

Brazilian state-controlled Petrobras announced has started to produce crude oil and natural gas from the giant deepwater Libra field in the Atlantic Ocean. The field is estimated to hold between 8 billion and 12 billion barrels of crude oil. The Petrobras rig expects to reach 30,000 barrels per day in early 2018 with the potential to reach […]

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Cal on October 25th, 2017

The International Energy Agency (IEA) has published a special report on energy access. Around the world, more than a billion people still lack access to electricity. The IEA says this number will shrink by a third by 2030, with 60% of these gains supplied by renewable energy sources. The past two decades have seen spectacular gains in providing […]

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Cal on October 20th, 2017

Argentina announced it plans to auction offshore oil and gas exploration rights next year, in the hope of developing fields off its Atlantic coast like those in neighboring Brazil. “There is a high probability that the subsalt basin that exists on the coast of Brazil continues south and so we see the discovery of any formation […]

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Cal on October 17th, 2017

France’s largest bank, BNP Paribas, announced it would no longer finance companies whose main business is the exploration, production, trading, or marketing of crude oil and natural gas from shale or tar sands projects.  The bank will also no longer finance liquefied natural gas (LNG) terminals that predominantly liquefy and export gas from shale projects, […]

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Cal on October 16th, 2017

MarketResearchFuture says the global energy storage market is about to grow 20% annually between now and 2023. Energy storage ranges from small to very large systems. It is segmented into mechanical energy storage, electro-chemical energy storage, thermal storage, and chemical storage. Energy storage systems have become important for storing renewable energy in recent years because of […]

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Cal on October 15th, 2017

Australian airline Qantas announced it will use biofuels on its flights from Los Angeles International airport starting in 2020. The firm said it will purchase 30 million litres annually of a 50/50 blend of plant-derived biofuel and conventional fuel to power its flights between Los Angeles and Australia. US bioenergy company SG Preston will supply the […]

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Cal on October 12th, 2017

Russia, which gets 20% of its electricity from hydro, plans to get another 4.5% from solar and wind by 2024. Russian Deputy Prime Minister Arkady Dvorkovich said a plan is currently being devised to amend the country’s regulatory system in a way that will facilitate the addition of more solar and wind power capacity and lead […]

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