Energy

Cal on October 17th, 2017

France’s largest bank, BNP Paribas, announced it would no longer finance companies whose main business is the exploration, production, trading, or marketing of crude oil and natural gas from shale or tar sands projects.  The bank will also no longer finance liquefied natural gas (LNG) terminals that predominantly liquefy and export gas from shale projects, […]

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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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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 October 14th, 2017

A new study by the China University of Petroleum in Beijing says the Asian country is about to experience a peak in its total crude oil production as early as next year.  Without finding an alternative source of “new abundant energy resources”, the study warns, the 2018 peak in China’s combined conventional and unconventional oil will […]

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Cal on October 12th, 2017

Russia, which gets 20% of its electricity from hydro, plans to get another 4.5% from solar and wind by 2024. Russian Deputy Prime Minister Arkady Dvorkovich said a plan is currently being devised to amend the country’s regulatory system in a way that will facilitate the addition of more solar and wind power capacity and lead […]

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Cal on October 10th, 2017

Almost 50 new pure electric-car models will come to market globally between now and 2022. Globally, there will be 136 EVs on the market by the end of that year, and that does not include the hybrid models or hydrogen fuel cells. Analysts at Bernstein Research calculate that a 500-kilometer battery for an electric car costs […]

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Cal on October 8th, 2017

Airbus plans to put its electric flying taxi, the CityAirbus, into operation late next year. This announcement came after a successful full-scale ground test of the vertical take-off and landing vehicle’s propulsion system. The vehicle is entirely battery-powered (with electric 100 kilowatt motors), uses a four propeller design to navigate through crowded cities, and can […]

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Cal on October 5th, 2017

The government of Scotland announced it has received “overwhelming public support” to ban the practice of fracking for shale oil and gas. Fracking has been under a temporary halt in the country since 2015, and public consultation on its long-term future was carried out earlier this year. 99% of the 60,000 responses opposed fracking. The proposed ban […]

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