• 5 minutes Is Pete Buttigieg emerging as the most likely challenger to Trump?
  • 7 minutes Can LNG Kill Oil?
  • 8 minutes Question: Why are oil futures so low through 2020?
  • 11 minutes US Shale: Technology
  • 17 mins “The era of cheap & abundant energy is long gone. Money supply & debt have grown faster than real economy. Debt saturation is now a real risk, requiring a global scale reset.”"We are now in new era of expensive unconventional energy
  • 3 hours CoV-19: China, WHO, myth vs fact
  • 7 hours Blowout videos
  • 1 day Question - What if there are no buyers for Chevron's Appalachia Assets?
  • 2 hours Democrats Plan "B" Bloomberg Implodes. Plan "C" = John Kerry ?
  • 8 mins Don't sneeze. Coronavirus is a threat to oil markets and global economies
  • 2 days OIL trades as if the virus is a 1 quarter event. As if it's Containable, Reversible and Temporary. Is it ?
  • 22 hours Natural Gas
  • 2 days Energy from thin air?
  • 1 day Cheap natural gas is making it very hard to go green
  • 2 days Coronovairus, Phase One Agreement, Lower for Longer
  • 2 days Hey NYC - Mayor De Blasio declares you must say goodbye to fossil fuels. Get ready to freeze your Virtue Signaling butts off.
The Risk Of Stranded Energy Assets

The Risk Of Stranded Energy Assets

The specter of stranded assets…

Oil Trading Giant Sees Oil Price Recovery Later This Year

Oil Trading Giant Sees Oil Price Recovery Later This Year

Commodity trading major Vitol said…

US Army Completes World's Largest Low Concentration Solar Plant

US Army Completes World's Largest Low Concentration Solar Plant

The US Army has just put its new White Sands Missile Range Solar Power System online, making it the largest low concentration solar power plant in the world. The plant cost $16.8 million to develop, has a capacity of 4.1MW, more than double the previous record holder, and is made up of over 15,000 solar modules spread out across 42 acres.

Low concentration solar systems are not as efficient as high concentration versions, but they are far cheaper to construct, especially when real estate is cheap and plentiful. The White Sands Missile Range in New Mexico covers 3,200 square miles so land was not an issue to the Army, and thanks to a power purchase agreement they didn’t actually have to pay any money upfront.

Related Article: Solar and Big Oil Join Forces in Middle East

Funded by Bostonia Bank and the Army Corps of Engineers, Siemens Inc. built the entire facility at White Sands as part of a deal that will see the Army buy all of the generated power for the next 25 years.

AS larges as it is, due to the vast energy demands of the army the solar plant will only supply around 10 percent of the energy required by the White Sands complex.

Aware of the vast energy demand that it has, the Army has not only decided to invest in renewable energy, but also undertake an energy culture change called ‘The Power is in Your Hands.’ The goal of the initiative is to create a new attitude towards energy use which will reduce the demand, and therefore make overseas military facilities easier to supply and cheaper to run.

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