Energy Update
According to a report released on January 16 by the Wind Energy Foundation (WEF), U.S. corporations have committed to signing deals result in 60 GW of renewable energy capacity being added to the grid in coming years. However, transmission planners are not accounting for this large uptick of potential near-term procurement.
Audi last week said that it is participating in a pilot project that is testing a smart energy network that uses software to control solar and batteries and interact with the main power grid. Audi is working with the project’s partners to run the pilot project for homes in southern Germany and northern Switzerland.
The utility plans to leverage the IPv6 communication capability of the network to streamline back-office management of multiple systems and expand consumer offerings in the future
There is so much buzz these days about bitcoin mining, particularly with regard to the high amount of energy required and how hydropower can help.
A Silicon Valley entrepreneur and author has explained how electric vehicles will disrupt and change transportation across the world. But first, Tony Seba — who is an instructor in disruption and clean energy at Stanford University’s Continuing Studies Program, explained to an audience at the World Future Energy Summit in Abu Dhabi, exactly what the nature is of a “disruptor.”
Recently, the message on Texas clean energy has been getting clearer — the market is driving the clean energy economy forward. And some of those spreading the message are making it loud and clear.
Off Grid Electric, a San Francisco-based company that develops rooftop solar and battery systems in Africa, has raised $55 million as it expands into Ghana. The Series D round was led by Helios Investment Partners and included GE Ventures, the venture capital subsidiary of General Electric Co., Off Grid said in a statement Thursday. The company’s Ghana expansion is part of a partnership with Electricite de France SA.
More mergers and acquisitions could be in store for the oil patch in 2018, experts say, boosted by oil prices at levels not seen in 30 months and a flurry of available acreage as companies focus on their very best plays.
(Mon, 22 Jan 2018) EIAâs January 2018 <em>Short-Term Energy Outlook</em> (STEO) forecasts that natural gas will remain the primary source of U.S. electricity generation for at least the next two years. The share of total electricity supplied by natural gas-fired power plants is expected to average 33% in 2018 and 34% in 2019, up from 32% in 2017.
India’s Oil and Natural Gas Corporation (ONGC) has signed an agreement to acquire 51.11% stake in state-refiner Hindustan Petroleum Corporation (HPCL) for Rs369bn ($5.78bn).
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