Fuel

Cal on January 20th, 2018

Navigant Research projects the total annual revenue for the energy storage and renewable integration sector will exceed $23 billion by 2026. Utility-scale and behind-the-meter applications are likely to experience the strongest growth. Energy storage systems are increasingly viewed as a way to mitigate the electric grid challenges caused by large additions of renewable energy sources. The Asia Pacific region […]

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Cal on January 17th, 2018

According to the International Energy Agency, the petrochemical industry will represent the largest global demand for additional crude oil consumption through 2040. The US Energy Information Administration predicts natural gas will generate 33.1% of US electricity this year, up from 31.7% in 2017 and will rise to 34.3% in 2019. At the same time, coal-fired generation […]

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Cal on January 5th, 2018

China’s National Development and Reform Commission wants to implement artificial intelligence (AI) technology in at least half of all the nation’s new cars by 2020 and cover 90% of its big cities and highways with a wireless network that can support smart vehicles. China hopes to become a world leader in artificial intelligence by 2025. Smart vehicles are a key part […]

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Cal on December 31st, 2017

China announced it will extend its tax rebate on the purchase of “New Energy Vehicles” until December 2020.  The rebate applies to the purchase of electric cars, plug-in hybrids, and hydrogen fuel-cell vehicles. Sales of New Energy Vehicles in China are expected to hit 700,000 units in 2018. The head of Toyota Motor Company’s research and development […]

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Cal on December 28th, 2017

Non-fossil fuels now account for 17.6% of China’s total energy supply. This is 6% higher than 5 years ago. China’s installed electric power generation capacity is about 1.8 billion kilowatts, and non-fossil fuel generation capacity accounts for 38% of the total. China plans to cap its coal-fired power capacity at 1,000 gigawatts in 2020. Non-fossil fuel is […]

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Cal on December 14th, 2017

Tesla’s lithium-ion storage battery, the largest in the world, is now operating in the state of South Australia. The 129-megawatt-hour battery has the capability to store and dispatch electricity generated by a nearby wind farm. It can power some 30,000 homes. Frequent blackouts have been causing havoc in South Australia in the past two years. As […]

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Cal on December 5th, 2017

A study by McKinsey Global Institute projects up to 800 million global workers will lose their jobs to robotic automation by 2030. The study of 46 countries and 800 occupations found that up to one-fifth of the global work force will be affected. Machine operators and food workers will be hit hardest. Wealthy countries like the US and Germany […]

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Cal on November 29th, 2017

Brazilian state-controlled Petrobras announced has started to produce crude oil and natural gas from the giant deepwater Libra field in the Atlantic Ocean. The field is estimated to hold between 8 billion and 12 billion barrels of crude oil. The Petrobras rig expects to reach 30,000 barrels per day in early 2018 with the potential to reach […]

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