CNG

Cal on June 26th, 2017

Synthetic Genomics and ExxonMobil announced the development of a modified algae strain that could push algae-based energy closer to being a commercially viable alternative energy source. Bloomberg New Energy Finance projects that over the next two decades, the cost of solar power will still drop another two-thirds, onshore wind costs will be cut nearly in […]

Continue reading about Energy Facts of the Day

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 […]

Continue reading about Energy Facts of the Day

Cal on June 15th, 2017

Globally, more people live in urban areas than in rural areas, with 54% of the world’s population residing in urban areas in 2014. By 2050, 66% of the world’s population is projected to be urban. About half of urban dwellers reside in relatively small settlements of less than 500,000 inhabitants, while nearly one in eight live […]

Continue reading about Energy Facts of the Day

Cal on May 25th, 2017

McKinsey & Company asks: Self-driving car technology: When will the robots hit the road? “A close examination of the technologies required to achieve advanced levels of autonomous driving suggests…such vehicles are perhaps five to ten years away.” Volkswagen Group is in talks with Exxon Mobil Corp. and Russia’s Gazprom to support its efforts to promote automobiles powered by natural […]

Continue reading about Energy Facts of the Day

Cal on May 1st, 2017

The Canadian city of Vancouver appears to beginning a process of phasing out the use of natural gas. While the city insists new energy efficiency rules designed to reduce emissions don’t outright ban natural gas, developers say the standards are so restrictive that it will be impossible to include it in any form. This applies to furnaces, […]

Continue reading about Energy Facts of the Day

Cal on April 8th, 2017

On a global level, 2015 and 2016 marked the lowest level of new conventional crude oil discoveries since 1952. In 2016, only 3.7 billion barrels of conventional oil were discovered, roughly 45 days of global crude consumption or 0.2% of global proved reserves. Globally, exploratory drilling fell by almost 20% in 2015 and fell even […]

Continue reading about Energy Facts of the Day

Cal on March 1st, 2017

The Canadian government will invest up to $7 million to develop advanced electric-vehicle charging stations across the country. Quebec-based electric-vehicle charging company AddEnergie will install more than 1,000 new charging stations across Canada by 2019 and develop next generation fast-charging stations for homes, businesses, and cities. Alt Energy Stocks tells us how to purchase and install a home electric car […]

Continue reading about Energy Facts of the Day

Cal on February 27th, 2017

As of January, a total of 274 hydrogen refueling stations were in operation across the globe, almost 30% of which were inaugurated last year.  83 of the 92 stations that were opened in 2016 are publicly-accessible. The others are dedicated to refueling buses and fleets. Currently there are 106 stations operating in Europe, 101 in Asia, 64 […]

Continue reading about Energy Facts of the Day