Hydro

Cal on October 20th, 2017

Argentina announced it plans to auction offshore oil and gas exploration rights next year, in the hope of developing fields off its Atlantic coast like those in neighboring Brazil. “There is a high probability that the subsalt basin that exists on the coast of Brazil continues south and so we see the discovery of any formation […]

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Cal on October 17th, 2017

France’s largest bank, BNP Paribas, announced it would no longer finance companies whose main business is the exploration, production, trading, or marketing of crude oil and natural gas from shale or tar sands projects.  The bank will also no longer finance liquefied natural gas (LNG) terminals that predominantly liquefy and export gas from shale projects, […]

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Cal on October 12th, 2017

Russia, which gets 20% of its electricity from hydro, plans to get another 4.5% from solar and wind by 2024. Russian Deputy Prime Minister Arkady Dvorkovich said a plan is currently being devised to amend the country’s regulatory system in a way that will facilitate the addition of more solar and wind power capacity and lead […]

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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 July 9th, 2017

Netherland, Sewell & Associates, Inc. said the volume of natural gas estimated in the Tamar field off Israel stands at 11.2 trillion cubic feet, with an additional 14.6 million barrels of condensate. This is a 13% increase from the previous estimate of this natural gas bonanza. Condensate is an ultra-light mixture of hydrocarbon liquids. Once on […]

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Cal on May 9th, 2017

San Francisco think tank RethinkX says self-driving electric cars will dominate US roads by 2030. Within 13 years self-driving cars will represent 95% of all car miles driven in the US.  While 40% of the cars in 2030 will still be of the internal combustion variety, they will represent just 5% of the consumer miles driven. This forecast is […]

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Cal on November 26th, 2016

According to energy consultant Wood Mackenzie, presently 13% of global C02 emissions are subjected to a carbon price. The firm believes, however, that technology and economics, not carbon pricing or other government policies, will drive the world towards decarbonization. “”It’s the technology that’s the wildcard now. How quickly can renewables costs fall, how quickly can competing […]

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Cal on February 27th, 2016

Last week Pakistan’s parliament became the world’s first to run entirely on solar power. The 80 megawatt solar power facility for the Majlis-e-Shoora (the seat of the government in Pakistan’s capital in Islamabad) fully provides the national assembly with all its electric power. The project was funded by the Chinese government as an act of […]

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