Energy Storage

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 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 […]

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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 […]

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Cal on June 11th, 2017

Australia’s chief scientist, Alan Finkel, briefed the prime minister and state premiers on his special report into the nation’s electricity market and recommends a transition policy as cold-fired electrical generation is phased out. The study was requested by the federal energy minister last fall as the country struggled with several wide-spread power failures in the state […]

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Cal on June 6th, 2017

The International Energy Agency (IEA) reported that global new nuclear capacity additions totaled 10 gigawatts last year, the highest rate since 1990. The IEA also said that from 2010 to 2015, renewable power generation grew by more than 30% and is forecast to grow by another 30% between 2015 and 2020. A new study from […]

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Cal on May 21st, 2017

China and Japan have started harvesting methane ice from the seafloor.  Commercial development of the globe’s huge reserves of methane hydrates or “combustible ice” has moved closer to reality after these Asian companies have successfully extracted the material from the seafloor off their coastlines. Methane hydrate is a frozen mixture of water and concentrated natural gas that can be […]

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Cal on April 14th, 2017

The African nation of Kenya has awarded a contract for the construction of a geothermal power plant (Olkaria V) which will have 140 megawatt (MW) capacity. With the completion of Olkaria V, Kenya will have 290 MW of geothermal capacity or approximately 10% of the nation’s total electric generation capacity. Scientists from around the world will […]

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Cal on March 30th, 2017

OPEC’s crude oil supply cuts are providing to be beneficial for producers of heavy crude oil from Western Canada and the Gulf of Mexico. Prices for Western Canadian grades have increased relative to the benchmark West Texas Intermediate since OPEC began implementing its reductions earlier this year. In Southeast Asia, nearly a decade in the making, […]

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