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(Tue, 18 Sep 2018) Members of the Organization of the Petroleum Exporting Countries (OPEC) received about $567 billion in net oil export revenues in 2017, up 29% from revenues in 2016. Increases in both crude oil prices and in net OPEC oil exports drove revenues higher in 2017, and EIA expects that revenues will continue to increase in 2018, based on EIA’s August Short-Term Energy Outlook.

Kent Renewable Energy is located in Sandwich, Kent and produces renewable heat and power which is delivered to nearby business and science park, Discovery Park, and to local
The post CIP’s Kent Renewable Energy plant begins operations in UK appeared first on Compelo Energy.

The lead-carbon storage system has a capacity of 25 MWh. Like the other systems already included in the Upside system portfolio, it provides grid management services. SMA Solar Technology
The post Upside Group installs 16MW storage system in Germany appeared first on Compelo Energy.

This will allow customers to better predict the performance of turbines in cold climates. In cold climates, the performance of wind turbines is significantly reduced by ice accretion,

It’s lighter, abundant and finally ready to take on Tesla. Hydrogen-powered vehicles are gearing up to challenge electric vehicles again in the race for mass-market clean cars. This week, a much larger group of companies signed on to a global coalition aimed at drumming up government support for the technology that Tesla Inc. Chief Executive Officer Elon Musk has derided as “ mind-bogglingly stupid” for cars. The firms also pledged to find a cleaner way to produce the gas.

As of the end of 2017, there were nearly 450,000 installed charging stations (also called charging points or power points) across China, including 214,000 set up by the government for public use, up 51 percent since the end of the prior year. The remaining 232,000 were privately-owned units. At the time, the proportion of ownership of electric vehicles (EVs) to charging stations in the country was below 4:1.

China added 9.46 GW of installed wind power capacity for the first seven months of this year, up by 23 percent from the same period of last year, according to the latest statistics from China’s National Energy Administration (NEA). For the seven months, the average utilization of wind power equipment reached 1,292 hours, an increase of 174 hours from a year earlier.

If there’s one thing the mining industry loves more than a pristine mineral deposit, it’s certainty – the ‘digital mine’ aims to give operators just that. Consistently high
The post ANALYSIS: In the age of the digital mine, being smart is the new big appeared first on Compelo Energy.

The Sandvik river flows amongst the farms and fjords in Western Norway. Just over 100 years ago, along with its 133m high waterfall, it provided the local community
The post ANALYSIS: Is this the future of small hydro project financing? appeared first on Compelo Energy.

The stock-cum-cash deal saw Kosmos Energy pay $925m in cash and issuing $300m in its common share to the shareholders of the Houston-based Deep Gulf Energy. Kosmos Energy,
The post Kosmos Energy completes $1.2bn acquisition of Deep Gulf Energy appeared first on Compelo Energy.

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