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Cal on December 8th, 2017

A new solar energy project in the US state of California will be using the Sun to help extract crude oil. What will be the state’s largest solar plant, located near Bakersfield, Belridge Solar will generate steam to inject into the ground to help extract the oil. Solar power will create 850 megawatts (MW) of thermal energy to produce 12 […]

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Cal on November 26th, 2017

In 2022 Singapore will start using driverless buses. The government says they will be operating in three new neighbourhoods which will have less-crowded roads designed to accommodate the buses. The buses will initially operate during off-peak hours to help residents travel in their communities, and to nearby train and bus stations. Singapore opened a test centre […]

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Cal on November 22nd, 2017

Volkswagen Group said it plans to spend 10 billion euros ($11.8 billion) by 2025 to develop and manufacture all-electric and plug-in hybrid vehicles in China. The company plans to launch 15 models over the next two to three years, and an additional 25 after 2025.  The group (which includes Audi) is aiming to sell 400,000 of these […]

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Cal on November 14th, 2017

China’s largest oil company Sinopec, one of that country’s top banks, and its sovereign wealth fund agreed to develop a $43 billion natural gas project in the US state of Alaska. When will we reach peak oil demand?  Royal Dutch Shell and Norway’s Statoil predict crude oil demand could reach its high as soon as 2025 […]

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Cal on November 12th, 2017

The European Commission is proposing a 30% CO2 reduction from 2021 to 2030 for light-duty vehicles (new cars and vans). 2025 will have an intermediary target of a 15% reduction. The purpose is to spur a rapid transition from internal combustion engines to alternative fuels. The proposed regulation applies to all passenger cars and light commercial […]

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Cal on November 11th, 2017

(Auto manufacturers, auto equipment manufacturers) and their suppliers should keep their eye on two broad trajectories: the rise in market share of electrified vehicles from about 3% today to 50% around 2030, and the increase in share for battery-powered vehicles from almost nothing to about 14% of the global market in 2030. There will be […]

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Cal on November 7th, 2017

Saudi Arabia has started the process to build 17.6 gigawatts of nuclear electricity generating capacity by 2032, the equivalent of about 17 reactors, making it one of the biggest prospects for an industry struggling after the 2011 nuclear disaster in Japan. The Saudis want to reduce the amount of crude oil they burn domestically for generate […]

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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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