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News

Grid-Scale Energy Storage to be worth $113.5 Billion per Year by 2017

Grid-Scale Energy Storage to be worth $113.5 Billion per Year by 2017

Apr 04, 2012 at 17:06 | Charles Kennedy

Lux Research, an independent research and advisory firm providing strategic advice and on-going intelligence for emerging technologies, have recently released a bottom-up evaluation of energy storage technologies for grid-scale application.…

Why America will become an Export Powerhouse

Why America will become an Export Powerhouse

Apr 04, 2012 at 13:20 | Editorial Dept

At least three forces are likely to combine to make the United States an [increasing] export powerhouse.First, artificial intelligence and computing power are the future, or even the…

Asia's Oil Majors Look to North America for Oil and Gas

Asia's Oil Majors Look to North America for Oil and Gas

Apr 03, 2012 at 17:28 | James Burgess

The price difference between North American natural gas and that in Asia has attracted many Asian firms, such as PetroChina Co., Mitsubishi Corp., and Cnooc Ltd., to invest in the…

Petrobras Now being Drawn into the $11 Billion Chevron Case

Petrobras Now being Drawn into the $11 Billion Chevron Case

Apr 03, 2012 at 17:26 | Joao Peixe

Following the deepwater horizon spill at BP’s Macondo well in the Gulf of Mexico back in 2010, Brazilian authorities have increased their scrutiny of wells of their own shores. Gianna…

New Air Borne Turbine Enables Wind Power in More Locations

New Air Borne Turbine Enables Wind Power in More Locations

Apr 03, 2012 at 17:24 | James Burgess

Wind turbines suffer from inconsistency due to the varying levels of wind that blow at ground level. Wind in the upper atmosphere blows with much more power and more consistently.…

OTE Corp to Build Two OTEC Plants and an Eco-Industrial Park in the Bahamas

OTE Corp to Build Two OTEC Plants and an Eco-Industrial Park in the Bahamas

Apr 02, 2012 at 16:49 | Joao Peixe

Ocean Thermal Energy Conversion (OTEC) describes a source of renewable energy that is growing in popularity amongst tropical island nations. Warm seawater from the surface is run through a heat…

Will Small Modular Reactors Make Nuclear Power More Attractive to Investors?

Will Small Modular Reactors Make Nuclear Power More Attractive to Investors?

Apr 02, 2012 at 16:46 | Charles Kennedy

Large, modern nuclear reactors can produce more than 1,000 megawatts worth of power, but cost around $7 billion to build. They must also pass vast amounts of safety procedures and…

Oil Subsidies: Are Politicians Thinking about the People or Themselves?

Oil Subsidies: Are Politicians Thinking about the People or Themselves?

Apr 01, 2012 at 11:02 | James Burgess

On Thursday, once again Obama tried to push a vote for slashing the tax subsidies in the oil and gas industry, and once again the Republicans just laughed at him…

Pike Research Predict a Boom in the Waste-to-Energy Sector

Pike Research Predict a Boom in the Waste-to-Energy Sector

Apr 01, 2012 at 11:00 | James Burgess

According to Pike Research, the market research and consulting firm that provides in-depth analysis of global clean technology markets, the global market for thermal and biological waste-to-energy technologies is set…

Asia's Interest in Australian Iron Ore Continues to Grow

Asia's Interest in Australian Iron Ore Continues to Grow

Apr 01, 2012 at 10:59 | Charles Kennedy

Marubeni Corp. of Japan, POSCO, and STX, both of Korea, will buy 30 percent of an Australian iron ore project for 3.6 billion Australian dollars (AUS$), adding to a long…

Researchers Base New Wind Turbine Control System on Human Memory

Researchers Base New Wind Turbine Control System on Human Memory

Apr 01, 2012 at 10:45 | Joao Peixe

Prices of wind power have been constantly decreasing of late, and now electricity from wind is almost as cheap as that from conventional fossil fuel power stations. It does however…

UK Carbon Emissions Down by 7%, Renewable Energy up 35%

UK Carbon Emissions Down by 7%, Renewable Energy up 35%

Mar 29, 2012 at 18:18 | James Burgess

The UK has announced that its greenhouse gas emissions fell by seven percent in comparison to 2010. This was due to a higher average temperature, reducing demand of energy to…

Is Siemens' New Electrolyser Plant Vital for Germany's Renewable Energy Plans?

Is Siemens' New Electrolyser Plant Vital for Germany's Renewable Energy Plans?

Mar 29, 2012 at 18:17 | Charles Kennedy

Germany has set the bold emissions target of reducing its greenhouse gas levels by 40% by 2020, and then 80% by 2050, compared to 1990 levels. Other countries have set…

Plans for a New Pipeline to Rival Keystone XL

Plans for a New Pipeline to Rival Keystone XL

Mar 28, 2012 at 18:09 | Charles Kennedy

New technologies in shale oil drilling, and the Alberta oil sands means that there is a glut of oil in Canada and the northern US with very few transportation options.…

Denmark Increases Carbon Emission Reduction Targets

Denmark Increases Carbon Emission Reduction Targets

Mar 28, 2012 at 18:06 | James Burgess

In an attempt to reduce reliance on gas and oil the Danish government has recently announced the “broadest, greenest, and most long-term energy agreement” in its history by increasing its…

Gas Still Leaking from North Sea Rig after 3 Days

Gas Still Leaking from North Sea Rig after 3 Days

Mar 27, 2012 at 17:42 | Charles Kennedy

On the 25th of March, during the abandonment of a well, there was a blow out at Total SA’s Eligin platform 150 miles off the coast of Aberdeen, Scotland. On…

Want Cheap Energy? Scrap the DoE

Want Cheap Energy? Scrap the DoE

Mar 27, 2012 at 17:41 | Charles Kennedy

Americans complain about the increasingly high prices that they are paying for gasoline, but they need to direct that their anger where it could do the most damage. Basically Obamas…

Japan's Final Nuclear Reactor to Close in May

Japan's Final Nuclear Reactor to Close in May

Mar 26, 2012 at 17:06 | James Burgess

Following last year’s nuclear disaster at Fukushima caused by the catastrophic meltdown of three reactors due to an earthquake and subsequent tsunami, Japanese confidence in nuclear power has plummeted. A…

How Global Warming Causes Extreme Weather Patterns

How Global Warming Causes Extreme Weather Patterns

Mar 26, 2012 at 15:12 | Editorial Dept

One claim frequently heard regarding extreme heat waves goes something like this: “Since this heat wave broke the previous record by 5°C, global warming can’t have much to do with…

Natural Gas Analysis for the Week of March 26, 2012

Natural Gas Analysis for the Week of March 26, 2012

Mar 25, 2012 at 10:25 | FX Empire

Last week looked promising for May Natural Gas following the previous week’s closing price reversal bottom, but even after a confirmation, the market could not follow-through to the upside.

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