Space Exploration Technologies Corporation better known as SpaceX was founded just 15 years ago by Elon Musk, the world famous entrepreneur and genius behind other notable ventures such as Tesla Motors, Solar City and others. The aerospace manufacturer and space transport company was started with modest goals such as reducing space transportation cost and enabling… Keep reading →
Investment
Powering the Future: A Look at the Engines and Fuel that Drives SpaceX Vehicles
By Michael McDonaldSign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.Breakeven oil prices have fallen below $40 per barrel as of late – a trend that some analysts believe on applies to shale companies, such as Devon Energy and EOG Resources. However, new data shows that even the big players, the major oil companies, have reached the same breakeven levels. These shale companies (also known… Keep reading →
Barclay’s: Tesla Needs a New Valuation
By Michael VinciAn analyst from Barclay’s, Brian Johnson, has recently published a lengthy research document to support his bearish stance on Tesla stock. According to him, there are several factors that Tesla investors will often cite to justify their investment decision – however, Johnson believes that these factors are more reflective of the reality for Tesla. One… Keep reading →
Kitchen Oil for Jet Fuel?
By Michael VinciChina has an innovation in the jet-fuel industry – waste kitchen oil from restaurants will be used to mass- produce jet fuel. While this technology may seem like something out of The Jetsons, it is one step closer to reality. Next year, a major state-owned refiner will begin construction on a production plant for these… Keep reading →
DNV GL, an international consultancy group based in Norway, has claimed to have found the key to implementing grid-connected energy storage networks and systems. What has been called a “multi-stakeholder” approach involves different parties utilizing battery-stored energy at different times. This research has been conducted in conjunction with Peeks, a commercial aggregator in the business… Keep reading →
At Tuesday’s New York Energy Week Smart Grid Roundtable discussion, experts from various perspectives talked about how smart metering and new data sources are changing power grid operations, customer engagement and revenue structures. Price signals are key to altering customer behavior with regard to energy consumption, but a smart meter alone may not be enough… Keep reading →
This Thursday, April 30, 2015, the University Senate of New York University (NYU) will discuss, and likely vote on, whether NYU’s endowment should be divested from fossil fuel investments. This is the result of a pressuring campaign from a national organization that aims to “stigmatize” oil, gas and coal companies. Many leading institutions of higher… Keep reading →
News that China and Iran will try to resurrect their oil and gas relationship mostly took back stage this week to the Royal Dutch Shell-BG Group mega-energy deal of the decade. As a plethora of analysts, commentators and both print and online pundits waxed eloquent over Shell’s proposed $70 billion buyout of the British gas… Keep reading →
Oil Import Dependence not Aways Economic Disadvantage, Study Finds
By Roman Kilisek
Merry go round. Credit Shutterstock According to research by the Cologne Institute for Economic Research (Institut der Deutschen Wirtschaft Koeln) energy imports should not be “understood as a threat to the security of energy supply and an economic disadvantage” per se. The study – “Does Dependency Equal Vulnerability? Energy Imports in Germany and Europe” commissioned… Keep reading →
New Technology Critical to Future of Offshore Wind Power
By Roman Kilisek
Germany’s Siemens has handed over the first of a total of five commissioned North Sea grid connections, the BorWin2 offshore platform, to its customer TenneT, a German-Dutch transmission grid operator, for immediate commercial operation, the company announced in a press release on January 30. TenneT is one of the four Transmission System Operators (TSOs) that… Keep reading →
