Bloom Energy will launch itself into the biogas market this summer with IKEA confirming two of its retail stores in the San Francisco area will start producing electricity from Bloom’s manufactured fuel-cell system. “For IKEA, Bloom’s fuel cells will help offset carbon dioxide emissions and contribute to the global home-furnishings chain’s 2020 goal of being… Keep reading →
With the global oil market currently oversupplied to the tune of an estimated 2 million barrels per day, oil producer group Opec has struggled to formulate an effective strategy aside from “let the market sort it out.” For decades Opec played a price-setting role by increasing production to boost supply when prices were deemed too… Keep reading →
The Saudis have stated that their goal in maintaining current oil output and export volumes has been to protect market share against foreign rivals. The Saudi’s rivals are not limited to other oil producers though, they are also striving to undermine clean energy technologies and climate change policies. “Lower oil prices are going to make… Keep reading →
In one of the more honest assessments of current Saudi Arabian oil policy, Rice University’s Jim Krane said there are several plausible reasons behind the Saudis’ apparently sanguine approach to falling global oil prices, but only a few within the Kingdom really know. “If you’re somebody who looks at geopolitics and energy, you could come… Keep reading →
