Energy Storage

Cal on February 15th, 2017

Despite having only 20% of the world’s shale oil and gas resources, advantages in the US and Canada mean these countries will continue to dominate the market, according to a new Raymond James report. While abundant shale resources exist in several countries around the world, a variety of hurdles preclude their development, including technical know-how, regulatory barriers and […]

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Cal on January 23rd, 2017

NRG Energy and JX Nippon Oil & Gas Exploration Corp. said they had begun operations at a US$1 billion carbon capture facility at a Texas coal-fired power plant and were using the emissions to extract crude from a nearby oilfield. The facility, the largest of its kind in the world, is the latest in efforts […]

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Cal on January 3rd, 2017

Almost all Costa Rica’s electricity was produced by renewable energy in 2016. The Costa Rican Electricity Institute reported that around 98.1% of the Central American’s country’s electricity came from renewable sources. The electricity was generated by hydropower facilities, geothermal plants, wind turbines, solar panels and biomass plants. As much as 1.8 gigawatts of new energy storage — mostly from lithium-ion batteries — […]

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Cal on December 24th, 2016

Due to the intermittency of renewable energy like wind and solar, if a large scale energy storage technology is not developed soon we won’t be able to reach a higher share of renewables than 30 or 40% of total electricity consumption. We therefore need to develop a new storage technology, or the elimination of fossil fuels […]

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Cal on December 15th, 2016

Already having a goal of 52% renewable electricity by 2030, the north African country of Morocco has now set a goal of becoming 100% renewable by the second half of this century. By 2030 the country expects to get 20% of its electricity from solar, 20% from wind and 12% from hydro. The Netherlands wants […]

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Cal on November 23rd, 2016

Canada announced plans to phase out coal-fired electricity plants by 2030. This is part of the federal government’s goal to have 90% of Canada’s electricity generated from sustainable sources by that date — up from 80% today. Since March of this year the US has been exporting liquefied natural gas (LNG) to the Middle East.  Cheniere Energy’s Sabine Pass complex in the southern […]

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Cal on November 11th, 2016

A new report from Navigant Research predicts that over the next decade, global demand for storage for renewable energy will grow to 4.5 gigawatts (GW) of annual installed capacity, from 110 megawatts in 2016. Global installed energy storage capacity is forecast to grow from an annual market of 1.1 GW in 2016 to 21.6 GW in 2025. Energy storage for […]

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Cal on November 8th, 2016

Ten of the world’s largest oil companies plan to invest an average of $100 million annually over the next 10 years in low-carbon technologies, the companies announced last week. The Oil and Gas Climate Initiative, which includes state-owned Saudi Arabian Oil Co., Royal Dutch Shell PLC and BP PLC, said its investments will initially focus on carbon […]

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