Biofuels

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 September 25th, 2017

The Japanese government is expected to ease regulations on hydrogen refueling stations, with the goal of making the refueling points less costly to set up and to operate in the hope of spurring the adoption of fuel cell vehicles. Building a hydrogen station costs 400 million yen to 500 million yen ($3.5 million to $4.4 million), […]

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Cal on September 22nd, 2017

Daimler AG announced plans to spend $1 billion to start production of Mercedes-Benz electric vehicles at its factory in the US state of Alabama. The plant will assemble electric sport utility vehicles, making Daimler the first European company to assemble plug-in EVs in the US. The alliance of automakers Renault, Nissan and Mitsubishi revealed their six-year […]

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Cal on September 7th, 2017

  Within the next 5 years Carnival expects to have seven cruise ships powered by liquefied natural gas (LNG). The ships. the world’s first to run entirely on LNG, and will be delivered between 2018 and 2022. Carnival is the world’s largest leisure travel company. Germany’s Federal Ministry for Transport and Digital Infrastructure is funding LNG as […]

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Cal on August 23rd, 2017

Investment banker Morgan Stanley is bullish on the market for electric grid storage products. “Demand for energy storage from the electric utility sector will grow more than the market anticipates by 2019–2020,” the company predicts in a recent report. Demand for grid-scale storage will increase from less than $300 million a year today to as much as $4 […]

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Cal on June 23rd, 2017

     Source:  World Energy 2017-2050: Annual Report

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Cal on June 21st, 2017

The International Energy Agency foresees the global oversupply of crude oil continuing through 2018. The driver is US shale oil production which will grow by 430,000 barrels per day this year and 780,000 next year. Total non-OPEC production including the US is forecast to grow by 1.5 million b/d next year. With global inventories currently […]

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