Energy Update
In Germany and Portugal, a new drop-in biofuels process has emerged which is cost competitive with $30 oil, according to the inventors. The process breaks even with crude oil, on an 10-year amortized basis for capex, at roughly $20.30 per barrel of crude oil (assuming refining costs of $8.66 per barrel).
Last year was a record year for renewable energy finance. According to Bloomberg New Energy Finance, investment in clean energy increased in China, Africa, the U.S., Latin America and India, driving the world total to its highest ever figure of $329.3B, up 4 percent from 2014 and beating the previous record set in 2011 by 3 percent. However, 2016 should give it a run for its money, so to speak.
The role of technology to shape our lives and the way we do business was on speakers' minds at the DistribuTECH 2016 Conference & Exhibition Keynote Session Tuesday at the Orange County Convention Center.
Abu Dhabi Fund for Development (ADFD) said it has signed a $15 million loan agreement with Saint Vincent and the Grenadines to set up a geothermal power station in the island country.
NEW YORK, Feb 10 (Reuters) - The American Fuel & Petrochemical Manufacturers (AFPM) said on Wednesday it has filed a lawsuit challenging the U.S.
MAIDUGURI, Nigeria, Feb 10 (Reuters) - More than 60 people were killed by a twin suicide bomb attack at a camp in northern Nigeria for people displaced by an insurgency of the jihadist Boko Haram group, a military and emergency official said on Wednesday.
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