Italian energy group Eni has claimed to have found one of the world’s largest natural gas fields off the Egyptian coast. [BBC News] A spike in oil prices helped energy shares reverse an early decline on Monday. [ABC/AP] An energy storage study claims that prices for battery technologies will plunge up to 60% over the next… Keep reading →
Battery Technology
Energy News Roundup: Eni Discover Historic Gas Field, Energy Shares Up & Battery Technology Prices Could Plunge
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We will never sell or share your information without your consent. See our privacy policy.Energy News Roundup: New York vs. Tesla, Motherfrackers’ Shares Fall & New CA Methane Regs
By Jared AndersonTesla grabbed lots of headlines last week with its energy storage product announcement, but New York could be doing more to prove energy storage technology and advance the market. “New York quietly (as least compared with Tesla) gave out the first $500,000 to kick-start five community microgrids in the state. It was the beginning of… Keep reading →
Tesla Motors is now more than an electric car maker. As expected, the California company late Thursday night presented new stationary batteries for homes, businesses and even utilities, all wrapped up in a significant new business called Tesla Energy. There was nothing revolutionary about the lithium-ion battery technology itself in the “Powerwall” and “Powerpack” products that… Keep reading →
Energy News Roundup: Shell Acquires BG for $70B, EVs Ahead of Trend & Australian Gov Outline Energy Policy
By Conor O'SullivanRoyal Dutch Shell’s $70 billion purchase of Britain’s BG Group – if approved by regulators – will make the energy giant the biggest global producer of liquefied natural gas. “Shell, already a leader in liquefied natural gas (LNG) for shipping and transport, will meld BG’s gas reserves, including assets in Australia, Brazil and Africa. That will… Keep reading →
Electric utility company business model which took off in 1880s with the first power station in lower Manhattan providing electricity to 59 customers has not much changed since. This is indeed unique as very few other businesses have shown strong resistance to change. Over the last few years though, the electric industry is witnessing certain… Keep reading →
Wrightspeed Powertrains of San Jose, California is a pioneer in developing hybrid-electric powertrains for heavy duty trucks. This next-generation design provides superior power, performance, fuel efficiency, and the lowest emissions for heavy duty trucks that operate in some of the most challenging and fuel-guzzling applications. There are many advantages to hybrid-electric vehicles that are beginning… Keep reading →
At the world’s largest electronics trade show – the Consumer Electronics Show (CES) in Las Vegas – among the many cool consumer gadgets, which saw the light of the day for the first time, was a vehicle that could be grouped into a category named ‘sustainable urban mobility / environmentally friendly urban living’. Remember the… Keep reading →
Energy News Roundup: Energy Storage Gets Competitive, Opec Head Scratching and Siemens Earnings Hit in Russia
By Jared AndersonFlow battery technology could soon outcompete single-cycle gas-fired turbines according to a new study. “By 2018 the cost of ViZn Energy’s 4-hour storage solution, which was selected by Energy Strategies Group as a proxy for the lowest cost multi-hour storage solutions currently being commercialized, is projected to be $974 per kW, nearly identical to that of… Keep reading →
Energy News Roundup: Refiners Say Oil Export Argument is Wrong, Rechargeable Solar Battery and US Coal Exports Down
By Jared AndersonA group of US oil refiners released a study they say shows incremental production volumes can be handled by their facilities, in contrast to an opposing view that suggests the country’s refining complex is geared toward heavy oil and cannot handle the recent surge in lighter hydrocarbon output. “The refinery group’s study said refiners can… Keep reading →
Energy Storage Is Going Primetime in 2015
By Bill RadvakThe electricity grid is set for a major transformation – arguably one of its biggest since the inception of the grid – and energy storage is going to play a center stage role. The radical pace of innovation is driven by governments, utilities and energy companies whose understanding and acceptance that the way energy is… Keep reading →