Energy Update
Is offshore wind the next big thing? It could be for the United States. As global project costs continue to drop, America is building on the momentum of its first commercial offshore wind farm.
A large pharma company recently came to me to discuss energy supply and its need for guaranteed electricity. The company had to take out expensive insurance to cover a power failure event that could interrupt their production line. Why is this a big deal? We’ve all lost refrigeration for a few hours.
Another major success for Clyde Bergemann Ltd (CBS), part of the globally operating Clyde Bergemann Power Group, as it secures a large order for more than 200 retractable sootblowers.
Malaysian energy company Petronas has announced an investment of $150m to expand its lubricants business in India.
(Fri, 11 Aug 2017) Nearly one-third of the 61% of total global petroleum and other liquids production that moved on maritime routes in 2015 transited the Strait of Malacca, the second-largest oil trade chokepoint in the world after the Strait of Hormuz.
AWE, the Operator of Production Licences L1/L2 in the northern Perth Basin, Western Australia, advises that the Waitsia-4 appraisal well reached total depth (TD) of 3,744 m Measured Depth below Rotary Table (MDRT) at 15:30 hours (3.30 pm) AWST on 10 August 2017 and preparations are now being made to commence a wireline logging program.
Some 80 days into Emmanuel Macron’s new job, Europe’s biggest renewable energy companies are still waiting for the French president to make good on campaign pledges to boost green power.
In recent years, perovskites have taken the solar cell industry by storm. They are cheap, easy to produce and very flexible in their applications. Their efficiency at converting light into electricity has grown faster than that of any other material — from under four percent in 2009 to over 20 percent in 2017 — and some experts believe that perovskites could eventually outperform the most common solar cell material, silicon.
TuNur Ltd. recently said that it has filed for authorization to build a solar power export project in the Sahara Desert that would supply the European market with electricity.
Perhaps the most confusing thing about US gasoline is all the changes various markets undergo, with requirements depending on the time of year and location.
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