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Cal on December 8th, 2017

A new solar energy project in the US state of California will be using the Sun to help extract crude oil. What will be the state’s largest solar plant, located near Bakersfield, Belridge Solar will generate steam to inject into the ground to help extract the oil. Solar power will create 850 megawatts (MW) of thermal energy to produce 12 […]

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Cal on November 7th, 2017

Saudi Arabia has started the process to build 17.6 gigawatts of nuclear electricity generating capacity by 2032, the equivalent of about 17 reactors, making it one of the biggest prospects for an industry struggling after the 2011 nuclear disaster in Japan. The Saudis want to reduce the amount of crude oil they burn domestically for generate […]

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Cal on October 31st, 2017

The International Energy Agency said crude oil demand in Southeast Asia will expand to around 6.6 million barrels per day by 2040 from 4.7 million b/d now, with the number of road vehicles increasing by two-thirds to around 62 million. The demand is fueled by rising population growth coupled with regulations limiting domestic production of oil, natural […]

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Cal on October 24th, 2017

Global crude oil demand growth will slow to a crawl and gasoline use will peak within the next decade, prompting the world’s biggest energy companies to accelerate the shift to natural gas and chemicals, according to energy consultant Wood Mackenzie. Oil consumption will keep expanding until at least 2035 as the petrochemical industry, which provides the […]

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Cal on October 10th, 2017

Almost 50 new pure electric-car models will come to market globally between now and 2022. Globally, there will be 136 EVs on the market by the end of that year, and that does not include the hybrid models or hydrogen fuel cells. Analysts at Bernstein Research calculate that a 500-kilometer battery for an electric car costs […]

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Cal on October 5th, 2017

The government of Scotland announced it has received “overwhelming public support” to ban the practice of fracking for shale oil and gas. Fracking has been under a temporary halt in the country since 2015, and public consultation on its long-term future was carried out earlier this year. 99% of the 60,000 responses opposed fracking. The proposed ban […]

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Cal on September 30th, 2017

Professor Vaclav Smil tells us that when it comes to energy storage, size matters. A small national electric grid — one handling 10 to 30 gigawatts — could rely entirely on intermittent renewable energy sources (like wind and solar) only if it had gigawatt-scale storage capable of working for many hours. The largest announced storage system, comprising more than […]

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Cal on September 29th, 2017

Hedge fund Bridgewater Associates believes that almost half of the jobs in the next two decades will be replaced by artificial intelligence. CEO Ray Dalio said: “By in large, the world is going to largely consist of people who can take language and put it into code, which then allows the computer to operate like a […]

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