CO2

Cal on July 14th, 2017

Global research institute McKinsey & Company has analyzed current energy storage prices and concludes that commercial businesses are getting the economic benefits of cheaper batteries and recent price falls in lithium-ion technology. With battery-pack costs now down to less than $230/kilowatt-hour (vs $1,000/kWh in 2010) storage demand is on the rise across Europe, Asia and the […]

Continue reading about Energy Facts of the Day

Cal on July 9th, 2017

Netherland, Sewell & Associates, Inc. said the volume of natural gas estimated in the Tamar field off Israel stands at 11.2 trillion cubic feet, with an additional 14.6 million barrels of condensate. This is a 13% increase from the previous estimate of this natural gas bonanza. Condensate is an ultra-light mixture of hydrocarbon liquids. Once on […]

Continue reading about Energy Facts of the Day

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 25th, 2017

The US city of Philadelphia announced it was the 10oth city in the US to commit to 100% renewable energy by the year 2035, a target sit by the Sierra Club for all US cities. The US city of Columbia, South Carolina said it too would be depending on 100% renewable energy by 2035. A […]

Continue reading about Energy Facts of the Day

Cal on June 9th, 2017

  Earlier this month Swiss company Climeworks began operating the world’s first carbon capture plant—a machine designed to remove carbon dioxide from the atmosphere. The company hopes to capture 1% of the global carbon dioxide produced by burning fossil fuels by 2025. The company estimates that the plant will remove some 900 tons of CO2 from the atmosphere every year. Located […]

Continue reading about Energy Facts of the Day

Cal on May 31st, 2017

Predictions for Peak Oil Demand  

Continue reading about Chart 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 17th, 2017

India hopes to have an all-electric vehicle fleet by 2030 in order to cut down on greenhouse gas emissions, pollution and reduce the costs associated with fuel imports. India is the third-largest crude oil importer in the world. According to the country’s energy minister, Piyush Goyal, there should not be a single gasoline or diesel […]

Continue reading about Energy Facts of the Day