Fuel

Cal on June 21st, 2017

The International Energy Agency foresees the global oversupply of crude oil continuing through 2018. The driver is US shale oil production which will grow by 430,000 barrels per day this year and 780,000 next year. Total non-OPEC production including the US is forecast to grow by 1.5 million b/d next year. With global inventories currently […]

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Cal on June 17th, 2017

In its annual review of world energy, BP said renewable energy contributed almost 40% of the growth in global power generation in 2016. Solar power generation increased 29.6% last year, while wind power grew by 15.6% percent and coal fell 6.2%.  Coal’s decline in electricity production was the largest one year drop on record. Asia-Pacific overtook Europe […]

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Cal on May 30th, 2017

A consortium of 11 Japanese firms (including Honda, Nissan, and Toyota) have signed a memorandum of understanding to expand the hydrogen fuel-cell market in Japan faster than has been the case so far. Other firms involved include JXTG Nippon Oil & Energy, Tokyo Gas, Development Bank of Japan, Idemitsu Kosan, Toho Gas, Air Liquide Japan, Toyota Tsusho Corporation, and Iwatani […]

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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 […]

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Cal on May 23rd, 2017

Switzerland has voted in a referendum to provide billions of dollars in subsidies for renewable energy and to ban new nuclear plants. A proposed new Swiss law (“Energy Strategy 2050) plans to increase domestic renewable energy, reduce fossil fuel use, and reduce reliance on foreign energy supplies. The European country wants to increase solar and wind power capacity by 400% by […]

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Cal on May 23rd, 2017

Chinese Vehicle Sales 2012-2025 Including Electrics (e = estimate)       Source: Bloomberg New Energy Finance, China Expects All Car Sales Growth to Be Electric, Now

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Cal on May 9th, 2017

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Cal on May 1st, 2017

The Canadian city of Vancouver appears to beginning a process of phasing out the use of natural gas. While the city insists new energy efficiency rules designed to reduce emissions don’t outright ban natural gas, developers say the standards are so restrictive that it will be impossible to include it in any form. This applies to furnaces, […]

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