• 2 days Shell Oil Trading Head Steps Down After 29 Years
  • 3 days Higher Oil Prices Reduce North American Oil Bankruptcies
  • 3 days Statoil To Boost Exploration Drilling Offshore Norway In 2018
  • 3 days $1.6 Billion Canadian-US Hydropower Project Approved
  • 3 days Venezuela Officially In Default
  • 3 days Iran Prepares To Export LNG To Boost Trade Relations
  • 3 days Keystone Pipeline Leaks 5,000 Barrels Into Farmland
  • 3 days Saudi Oil Minister: Markets Will Not Rebalance By March
  • 3 days Obscure Dutch Firm Wins Venezuelan Oil Block As Debt Tensions Mount
  • 4 days Rosneft Announces Completion Of World’s Longest Well
  • 4 days Ecuador Won’t Ask Exemption From OPEC Oil Production Cuts
  • 4 days Norway’s $1 Trillion Wealth Fund Proposes To Ditch Oil Stocks
  • 4 days Ecuador Seeks To Clear Schlumberger Debt By End-November
  • 4 days Santos Admits It Rejected $7.2B Takeover Bid
  • 4 days U.S. Senate Panel Votes To Open Alaskan Refuge To Drilling
  • 4 days Africa’s Richest Woman Fired From Sonangol
  • 5 days Oil And Gas M&A Deal Appetite Highest Since 2013
  • 5 days Russian Hackers Target British Energy Industry
  • 5 days Venezuela Signs $3.15B Debt Restructuring Deal With Russia
  • 5 days DOJ: Protestors Interfering With Pipeline Construction Will Be Prosecuted
  • 5 days Lower Oil Prices Benefit European Refiners
  • 5 days World’s Biggest Private Equity Firm Raises $1 Billion To Invest In Oil
  • 6 days Oil Prices Tank After API Reports Strong Build In Crude Inventories
  • 6 days Iraq Oil Revenue Not Enough For Sustainable Development
  • 6 days Sudan In Talks With Foreign Oil Firms To Boost Crude Production
  • 6 days Shell: Four Oil Platforms Shut In Gulf Of Mexico After Fire
  • 6 days OPEC To Recruit New Members To Fight Market Imbalance
  • 6 days Green Groups Want Norway’s Arctic Oil Drilling Licenses Canceled
  • 6 days Venezuelan Oil Output Drops To Lowest In 28 Years
  • 6 days Shale Production Rises By 80,000 BPD In Latest EIA Forecasts
  • 7 days GE Considers Selling Baker Hughes Assets
  • 7 days Eni To Address Barents Sea Regulatory Breaches By Dec 11
  • 7 days Saudi Aramco To Invest $300 Billion In Upstream Projects
  • 7 days Aramco To List Shares In Hong Kong ‘For Sure’
  • 7 days BP CEO Sees Venezuela As Oil’s Wildcard
  • 7 days Iran Denies Involvement In Bahrain Oil Pipeline Blast
  • 9 days The Oil Rig Drilling 10 Miles Under The Sea
  • 10 days Baghdad Agrees To Ship Kirkuk Oil To Iran
  • 10 days Another Group Joins Niger Delta Avengers’ Ceasefire Boycott
  • 10 days Italy Looks To Phase Out Coal-Fired Electricity By 2025
Did Venezuela Just Default?

Did Venezuela Just Default?

S&P Global Ratings declared Venezuela…

Can Oil Majors Continue To Beat Estimates?

Can Oil Majors Continue To Beat Estimates?

As oil prices claw their…

James Burgess

James Burgess

James Burgess studied Business Management at the University of Nottingham. He has worked in property development, chartered surveying, marketing, law, and accounts. He has also…

More Info

Powering the World with its Own Waste

Powering the World with its Own Waste

As the world continues to develop, energy demand continues to increase, yet we are finding it more difficult and more expensive to develop new sources of energy. One source of energy that already exists, and is not taken advantage of, is waste. It has been estimated that increasing efficiency or using disposed waste could create an extra 100 gigawatts of electricity capacity in the US alone.

There exist various forms of capturing waste to convert it into useable energy, but here we will consider three companies, reviewed in a Popsci article, that offer completely different forms of waste-to-energy technology.

The US currently holds around 70,000 tonnes of spent nuclear fuel, which will remain dangerously radioactive for tens of thousands of years, and must be carefully stored at a cost. Transatomic Power has designed a reactor that can run off spent nuclear fuel, and claim that the current stockpile of waste will be enough to provide the entire nations energy needs for 70 years.

The two cofounders, both PhD students at MIT, made modifications to plans used to develop a fluoride molten salt reactor at the Oak Ridge National Laboratory in the 1960s. Their 500MW Waste Annihilating Molten Salt Reactor (WAMSR) is 20 times smaller than the original, and is able to capture 98% of the stored energy in the spent nuclear fuel pellets. 50% of the waste produced by this nuclear reactor will then become inert after only a couple of hundred years, making storage much cheaper.

Related article: As Climate Change Worsens, US Corn Ethanol becomes Uneconomical

Biofuel is typically developed from a feedstock that uses precious land and water resources, and often prevents those resources being used to grow food crops; technically however, biomass fuel can be produced from any source of carbon.

Fulcrum BioEnergy plans to build a power plant in Nevada that will convert 160,000 tonnes of municipal waste into 10 million gallons of transportation biofuel each year; at a cost of just 70 cents a gallon. The waste will be shredded into small pellets, and then left in a gasifier, which siphons off the natural gases released by the decomposing waste, and converts it into ethanol.

Factories in the US release around 13 quadrillion BTUs of heat each year into the atmosphere, and that represents an enormous amount of lost energy. Alphabet Energy intends to recapture some of that lost heat and convert it into useable electricity. Their product consists of a thermoelectric material that they position between two pipes; one containing hot exhaust gas, and the other a coolant. The thermoelectric material then uses the temperature gradient to generate electricity.

By. James Burgess of Oilprice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

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