Energy Update
The global wind turbine fleet, which, according to data from the Global Wind Energy Council, currently stands at about 341,000, faces an important reality as the years go by – many of its units are getting old.
While it is still early days for steel in the water, the U.S. offshore wind industry is ripe with activity. As of April 2018, there were 30 active offshore wind sites in the U.S. with three very close to beginning construction.
Royal Dutch Shell and its joint venture partner China National Offshore Oil (CNOOC) have started production at the second ethylene cracker at their $4.1bn Nanhai petrochemicals complex in China.
SABIC and ExxonMobil have created a new joint venture (JV) to advance their Gulf Coast Growth Ventures project, a 1.8 million tonne ethane steam cracker plant in Texas.
The U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy has unveiled a program that will provide up to $23 million for the research and evaluation of next-generation wave, tidal and current system technology.
Offshore wind developer Orsted is planning its first grid-scale energy storage project near Liverpool, England. The company said that the Carnegie Road battery storage project will be operational by the end of the year.
Stanford University researchers have developed a water-based battery that could provide a cheap way to store wind or solar energy generated when the sun is shining and wind is blowing so it can be fed back into the electric grid and be redistributed when demand is high.
Greece is preparing to auction 2.6 GW of solar and wind projects to attract investment and beef up the Mediterranean country’s clean-energy credentials.
In an Aug. 2 Renewable Energy World article, we reported “Achieving 100 Percent Residential Renewables in Hawaii with Solar+Multi-Storage” since April 2017, 500 hours off-grid and 220 hours grid-tied, using Tabuchi Electric hybrid solar inverter with single embedded battery (10 kWh) and an ROI of three years.
A rare cargo of Brazilian Polvo crude has made its way to the Louisiana Offshore Oil Port, according to data from US Customs and S&P Global Platts Analytics.
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