US oil imports will continue to decline as domestic production rises, and by 2040 the US could be importing crude only from Canada, according to the latest forecast from ExxonMobil.
That forecast depends on off-shore, Arctic, oil sands and unconventional resources being available for development in coming decades. Keep reading →
It’s not uncommon in the power sector to hear that executives are simply out of touch with consumers.
A recent IBM report which surveyed 1,716 US drivers and 125 industry executives, shows that this may also be true in the electric vehicle (EV) industry. Furthermore EV executives might not be doing enough to connect with other industries. Keep reading →
Ever wonder what the future holds?
This Siemens video, narrated by a robotic android-like voice, illustrates one vision for the future: a smart grid that feeds electric vehicles and enables electricity from renewable generation to be stored. The video focuses particularly on the potential that electric vehicles (EV’s) could unlock and the positive implications they could have for the grid. Keep reading →
When looking into America’s future, one thing is clear-energy matters.
The Department of Energy (DOE) plans to invest in innovation for affordable clean energy technologies, Advanced Research Projects Agency-Energy director Dr. Arun Majumdar said in a webcast on Wednesday. Keep reading →
ClarianLabs in Seattle, an energy technology incubator, has published a patent for a device called the Rotary Piston Generator (RPG) which the company hopes will challenge the very concept of batteries, and how they are used, especially in vehicles.
The RPG is a mechanical rather than chemical approach to portable energy storage. Its energy capacity is potentially ten times greater than a typical battery, company representatives wrote in an email exchange with TechCrunch. Keep reading →
Electrification As An Economic Megatrend: AOL Energy Week In Review
By Peter GardettDebates that have preoccupied and in some cases paralyzed growth in the US energy sector could be overshadowed by the development of a single megatrend at the heart of the global economy: the transition to electric drives in machines of all kinds.
While electric vehicles are the most visible aspect of that change, and with roughly 250 million cars on the road any switch from gasoline to electric is significant, the switch from motors driven by their own internal combustion devices to significantly more efficient electric systems is already occurring in many parts of the economy where the infrastructure and the focus on cost reduction already exists. Keep reading →