Solar

Cal on September 21st, 2016

The Secretary-General of OPEC said that the upcoming meeting in Algiers on September 26-27 to discuss world crude oil prices will be an informal one and that no decisions will be made.  OPEC, which lives on oil revenues, would like to see prices much higher, but it is becoming apparent to the markets that oil exporters are not […]

Continue reading about Energy Facts of the Day

Cal on September 18th, 2016

China plans to build more than 60 nuclear plants in the coming decade, according to Zheng Mingguang, vice president and chief nuclear designer at China’s State Nuclear Power Technology Corporation.  Each of China’s major nuclear companies — SNPTC, CNNC and CGN — will start building a minimum of two new reactors a year. Automaker General Motors said […]

Continue reading about Energy Facts of the Day

Cal on September 3rd, 2016

Singapore is the first country on the globe to implement self-driving taxis on the road for public use.  nuTonomy – the company behind the cars and the app that hails them – has implanted six cars that can autonomously pick up passengers and deliver them to destinations. The cars – Mitsubishi i-Mievs and Renault Zoes – traverse a […]

Continue reading about Energy Facts of the Day

Cal on September 1st, 2016

According to Sanford C. Bernstein & Co., global energy demand will peak in the 2050s and then begin to weaken as energy consumption per unit of gross domestic product declines. Demand growth is already decreasing as a result of slower population growth and sluggish economic expansion, as well as a shift from industrial-led growth to services-led growth.  […]

Continue reading about Energy Facts of the Day

Cal on August 28th, 2016

Cost of US Solar: 2010-2015     Source:The Price of Solar Is Declining to Unprecedented Lows; Scientific American Note: prices are installed cost per rated Watt of solar generating capacity (or $/WDC); the installed cost includes everything needed to get a solar power system up and running: the panels, the power electronics, the mounting hardware, and […]

Continue reading about Chart of the Day

Cal on August 15th, 2016

Crude oil prices would have to skyrocket above $350 per barrel for electric vehicle makers to make a dent in the global automobile market, according to a study done by researchers at the University of Chicago’s Energy Policy Institute. Oil prices are currently hovering in the $40 per barrel range. The batteries for EVs cost, on average, about […]

Continue reading about Energy Facts of the Day

Cal on August 7th, 2016

  Industry analysts IHS Markit expect the on-grid energy storage market to double this year from 1.4 gigawatt hours (GWh) to 2.9 GWh. IHS projects this storage capacity to skyrocket to 21 GWh by 2025. Over this period, lithium ion batteries will be the mainstream energy storage technology, capturing more than 80% market share in the grid-tied segment. IHS expects Japan and the US to be the […]

Continue reading about Energy Facts of the Day

Cal on August 3rd, 2016

Argentina’s recoverable shale oil reserves are estimated at 27 billion barrels and hold the third largest shale gas and fourth largest shale oil reserves in the world. The Vaca Muerta Shale spans across four provinces and is almost double the size of the Eagle Ford shale area in the US state of Texas. Current production from […]

Continue reading about Energy Facts of the Day