Energy

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 16th, 2017

Don Walker, CEO of auto parts manufacturer Magna International, takes issue with all the projections for a rapidly evolving electric car world over the next decade. Some forecast that EVs could grow to as much as 25% of the global market by 2025. He warned that the number will be dramatically lower. EVs, he predicted, […]

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Cal on August 15th, 2017

  Michael Faraday (1791-1867)   Faraday was a British chemist and physicist who contributed significantly to the study of electromagnetism and electrochemistry.  In 1831, Faraday discovered electromagnetic induction, the principle behind the electric transformer and generator. This discovery was crucial in allowing electricity to be transformed from a curiosity into a powerful new technology for […]

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Cal on August 13th, 2017

A review of trends in the electric vehicle market from the International Monetary Fund found that, in the four years ending in 2015, the pace of growth in EV sales was 120%. Using the transition in the 20th century from horse-drawn carriages to fuel-powered vehicles as a benchmark to measure progress, the report found that […]

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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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