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Cal on February 19th, 2017

Recent global solar-power capacity auctions have come in at record low levels: $0.033/kilowatt-hour (kwh) in India, $0.032/kwh in Mexico, $0.024/kwh in Abu Dhabi, $0.029/kwh in Chile, and $0.039/kwh in the United States. In adding renewable energy to their grids, many countries are now holding public auctions whereby the lowest qualified bidders get the government contracts […]

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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 February 7th, 2017

Carbon Tracker, in its latest report, envisions a scenario in which 2 million barrels per day of global crude oil demand are erased by 2025 because of the penetration of electric vehicles in the transportation sector. 2 million b/d is equivalent to the supply overhang that triggered the 2014 crude oil price meltdown. The report suggests total […]

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Cal on January 20th, 2017

Oslo-based energy consultancy firm Rystad Energy said crude oil and natural gas discoveries around the world dropped last year to their lowest level since the 1940s after energy companies sharply cut back in their search for new resources amid falling crude oil prices. This has led some energy analysts to forecast of an oil supply shortage […]

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Cal on January 14th, 2017

In 2015 humans used about 575 quadrillion Btu (British thermal units) of energy, according to the US Energy Information Administration. (575 followed by 15 zeros; a Btu is roughly the energy released in a single match.) With a global population of 7.3 billion, that worked out to 78 million Btu per person that year. Nearly 40% of all […]

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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 25th, 2016

India could get almost 60% of its electricity from non-fossil fuel sources in ten years. The country’s 10-year energy blueprint expects that 57% of the country total electricity capacity will come from non-fossil fuel sources by 2027 . No new coal-fired power plants would be needed to meet this goal. About 240 million people in the country have no […]

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Cal on December 19th, 2016

The city of New York’s Christmas holiday-light energy use has declined by about one-third from 2010, largely due to the switch to LEDs (light-emitting diodes).  This year, holiday lighting in the US city will add about 750 megawatts of load, down from about 1,150 MW in 2010. Investment Bank Goldman Sachs calls LEDs one of the fastest technology shifts […]

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