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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 August 19th, 2017

The US Energy Information Administration projects that, based on current construction plans, by 2020 the US will have the third-largest liquefied natural gas (LNG) export capacity in the world after Australia and Qatar. China is expected to become the leading importer of LNG, consuming about 40% of world supply. Natural gas liquids are sought by the steel, chemical […]

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Cal on August 7th, 2017

The world’s first self-driving ship will sail next year. A Norwegian container ship, the Yara Birkeland, will be the world’s first electric, autonomous, zero-emissions ship. With a capacity of up to 150 shipping containers, the battery-powered ship is expected to mark the beginning of a transformation of the global shipping industry. The ship is small compared to modern standards […]

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Cal on August 5th, 2017

1,600 new coal plants are planned or under construction in 62 countries, 700 of these in China. These new plants would expand the world’s coal-fired power capacity by 43%. The New York Times commented: “The frenzied addition of coal plants underscores how the world is set to remain dependent on coal for decades,” Chinese companies are […]

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Cal on August 2nd, 2017

World crude oil consumption could peak as early as the end of the next decade as electric vehicles become more popular, according to Royal Dutch Shell’s CEO.  Yet crude oil will still be needed for decades to come as it is likely to remain the main transportation fuel for planes, ships and heavy trucks. US crude […]

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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 […]

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Cal on July 28th, 2017

Research firm MarketLine projects that Europe will overtake the US as the second largest market for electric car sales by 2021. China is the world’s largest market for EVs. The firm says The Paris Climate Change agreement has been a big motivator for the adoption of electric and hybrid cars in Europe. This has resulted in […]

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Cal on July 26th, 2017

“Currently, there seems to no plan to end the oil glut in sight. The glut seems likely to continue into next year unless a geopolitical upheaval in Venezuela or the Middle East brings about large, unplanned production cuts.” (Energy analyst, Tom Whipple) As of this month, the total US shale basin is producing a record […]

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