• 6 hours PDVSA Booted From Caribbean Terminal Over Unpaid Bills
  • 8 hours Russia Warns Ukraine Against Recovering Oil Off The Coast Of Crimea
  • 10 hours Syrian Rebels Relinquish Control Of Major Gas Field
  • 11 hours Schlumberger Warns Of Moderating Investment In North America
  • 12 hours Oil Prices Set For Weekly Loss As Profit Taking Trumps Mideast Tensions
  • 13 hours Energy Regulators Look To Guard Grid From Cyberattacks
  • 14 hours Mexico Says OPEC Has Not Approached It For Deal Extension
  • 16 hours New Video Game Targets Oil Infrastructure
  • 17 hours Shell Restarts Bonny Light Exports
  • 18 hours Russia’s Rosneft To Take Majority In Kurdish Oil Pipeline
  • 1 day Iraq Struggles To Replace Damaged Kirkuk Equipment As Output Falls
  • 1 day British Utility Companies Brace For Major Reforms
  • 1 day Montenegro A ‘Sweet Spot’ Of Untapped Oil, Gas In The Adriatic
  • 1 day Rosneft CEO: Rising U.S. Shale A Downside Risk To Oil Prices
  • 2 days Brazil Could Invite More Bids For Unsold Pre-Salt Oil Blocks
  • 2 days OPEC/Non-OPEC Seek Consensus On Deal Before Nov Summit
  • 2 days London Stock Exchange Boss Defends Push To Win Aramco IPO
  • 2 days Rosneft Signs $400M Deal With Kurdistan
  • 2 days Kinder Morgan Warns About Trans Mountain Delays
  • 2 days India, China, U.S., Complain Of Venezuelan Crude Oil Quality Issues
  • 2 days Kurdish Kirkuk-Ceyhan Crude Oil Flows Plunge To 225,000 Bpd
  • 2 days Russia, Saudis Team Up To Boost Fracking Tech
  • 3 days Conflicting News Spurs Doubt On Aramco IPO
  • 3 days Exxon Starts Production At New Refinery In Texas
  • 3 days Iraq Asks BP To Redevelop Kirkuk Oil Fields
  • 3 days Oil Prices Rise After U.S. API Reports Strong Crude Inventory Draw
  • 4 days Oil Gains Spur Growth In Canada’s Oil Cities
  • 4 days China To Take 5% Of Rosneft’s Output In New Deal
  • 4 days UAE Oil Giant Seeks Partnership For Possible IPO
  • 4 days Planting Trees Could Cut Emissions As Much As Quitting Oil
  • 4 days VW Fails To Secure Critical Commodity For EVs
  • 4 days Enbridge Pipeline Expansion Finally Approved
  • 4 days Iraqi Forces Seize Control Of North Oil Co Fields In Kirkuk
  • 4 days OPEC Oil Deal Compliance Falls To 86%
  • 4 days U.S. Oil Production To Increase in November As Rig Count Falls
  • 4 days Gazprom Neft Unhappy With OPEC-Russia Production Cut Deal
  • 5 days Disputed Venezuelan Vote Could Lead To More Sanctions, Clashes
  • 5 days EU Urges U.S. Congress To Protect Iran Nuclear Deal
  • 5 days Oil Rig Explosion In Louisiana Leaves 7 Injured, 1 Still Missing
  • 5 days Aramco Says No Plans To Shelve IPO
Alt Text

What’s Stopping An Oil Price Rally?

Oil prices rallied in Q3…

Alt Text

The Next Big Digital Disruption In Energy

Blockchain technology is transforming the…

Alt Text

Oil Fundamentals Overturn Geopolitical Risk

Geopolitical risk from Iraq and…

Michael McDonald

Michael McDonald

Michael is an assistant professor of finance and a frequent consultant to companies regarding capital structure decisions and investments. He holds a PhD in finance…

More Info

5 Crazy Energy Ideas

Energy Bolt

Renewable power is still the scrappy newcomer in the energy space – untested, green, and a minor presence overall, but exciting and shaking up the world nonetheless. Nothing reflects that reality like the following five weird clean energy innovations. Each of these is bizarre and by no means a realistic way to generate a major amount of electricity. But they do represents an important truth – mankind has always advanced by thinking outside of the box and trying to find new and better ways to do things. Sometimes the result of that out-of-the-box thinking is a major breakthrough, other times it’s just an unorthodox method of heating a shopping mall.

1. Space Lasers:

Space-based solar power is the least far-fetched idea on this list. It is unambiguously true that solar power can be very effectively generated by satellites operating from outer space. By avoiding collection of solar power through the diffusion of the earth’s atmosphere, energy collection becomes much more efficient. The problem is that the power has to get back to the ground somehow. The solution? Laser beams! As crazy as it sounds, Airbus, one of the world’s largest aviation and defense manufacturing firms is working on the technology. Who knows – perhaps in the future solar power will be beamed from space by laser – just be careful not to wander into the path of a stray beam! Related: The Consequences Of $50 Oil

2. Body Heat

The Mall of America is located in Minneapolis, MN – a state not generally known for being warm and toasty most of the year. Yet the second largest mall in America actually has no central heating system. Instead it is heated by the body heat from shoppers, the sun’s rays coming through skylights, and heat generated by in-mall lighting fixtures. That definitely saves the landlord a pretty penny on the energy bill at the end of each month!

3. Alcohol

Before gasoline became the dominant form of fuel for motor vehicle transportation, alcohol was a leading competitor. Those days have passed now, but distilleries still produce large amounts of biomass waste. Scottish distilleries have partnered with energy companies and begun creating natural gas from the waste mixture. The process is similar to the natural gases produced from landfills, which can also be turned into fuel sources, a process that is an important contributor of future profits to waste management companies. Related: OPEC Head Calls for $65 Oil

4. Texting

OK, texting itself doesn’t actually produce any usable energy, but the process of piezoelectricity does. Piezoelectricity occurs when certain metals come under kinetic pressure. Piezoelectricty can be harnessed, and in principle it can be used in a variety of different applications like roads and sidewalks. While there are no large-scale piezoelectric power generation systems that are commercially viable today, the technology might be useful down the road. Some cities are starting to experiment with footstep-powered electricity after all.

5. Dung and Garbage

Waste to power systems are in place around the world in a variety of settings, and dung in various forms has been used (and continues to be used in the third world) as an energy source for centuries. Today though, some companies are producing generators that are meant to use dung as a form of feed stock. Given the low energy content of dung, it’s very unlikely that sewers will be converted to power plants anytime soon, but the concept does make for an amusing what-if scenario.

By Michael McDonald of Oilprice.com

More Top Reads From Oilprice.com:




Back to homepage


Leave a comment
  • UnAcknowledgedSpecialAccessProject on May 29 2016 said:
    Having served as Minister of Defense for Canada, Paul Hellyer (who also obtained a degree in aeronautical engineering and an air pilot’s license) is a credible witness, as are the Astronauts, and other Military and Government employees (some with top security clearances) who appear testified at: www.SiriusDisclosure.com/witness-testimony

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News