Sunverge sees a future in building and managing customer energy-storage systems as utility assets. Ken Munson, CEO of Stockton, Calif.-based startup Sunverge Energy, doesn’t want you to think of his company’s product as a “battery in a box,” backing up a roof full of solar panels — even if that’s one very accurate way to describe… Keep reading →
Originally Posted on TheEnergyCollective.com Before the massive electrical grids and power lines that our current infrastructure relies so heavily upon, batteries were the way we created electricity. As batteries advanced, so did our technological capabilities. From lead-acid to lithium ion, battery technologies dominate the majority our our everyday gadgets, appliances, and amenities. If you don’t believe… Keep reading →
States are battling to entice Tesla Motors to construct a $5 billion lithium-ion battery plant within their borders that could bring as many as 6,500 jobs. This Greentech Media article highlights recent news coming from each potential location – Texas, Nevada, New Mexico and Arizona – and suggests reasons why the factory should be built… Keep reading →
Energy storage devices that collect electricity at times of abundance and deliver when demand is greatest are essential to upgrading our outdated power grid to a smarter, more flexible electricity system. New Jersey took a positive step toward implementing more energy storage earlier this year when its Office of Clean Energy released a proposal to… Keep reading →
Technology is the main driver for change – i.e. optimization, which leads to finding promising technological solutions for pressing global challenges – and for increased productivity in the modern world. However, for mankind to continue along this trajectory, appropriate investment is often dependent on the public’s understanding and awareness of promising technologies’ potential, as well… Keep reading →
Electric car maker Tesla Motors seeks to release a mass market vehicle in the next 3 years, but first has to cut the cost of its batteries in half. It plans to do this by building economies of scale with a massive lithium-ion battery factory that could cost anywhere from $2 billion to $10 billion… Keep reading →
ExxonMobil’s Ken Cohen highlights the tax payments made by some of the largest US-based oil companies, three of which – Exxon, Chevron and ConocoPhillips – appear in a list of the Top 10 corporate tax payers in 2012 compiled by 24/7 Wall Street. “In fact, ExxonMobil and Chevron are ranked #1 and #3 respectively, with… Keep reading →
As the US tight oil and gas boom continues, reliance on Canadian crude oil and gas softens. Robust US production also sparked a vibrant export discussion, which could eventually see Canadian and US companies competing for customers and market share. “The protracted controversy over the Keystone XL Pipeline project has focused a great deal of… Keep reading →
Editor’s note: This article originally appeared on the White House blog. Today, President Obama signed a memorandum establishing the federal government’s first Quadrennial Energy Review (QER) process, fulfilling an important commitment from his Climate Action Plan and ensuring that federal energy policies continue to meet the nation’s economic, environmental and security goals. Over the next four years, the QER will provide a… Keep reading →
Freezing weather throughout much of the US is sending spot energy prices soaring. “Natural gas for next-day delivery on the Transco pipeline into New York rose to a record $90 per million British thermal units on Monday, up 660 per cent from last week’s close and 20 times more than benchmark futures prices, according to… Keep reading →
