Energy Update
Australian consulting firm SMEC has been selected to assist in performing feasibility studies for 2,000 MW expansion of the Snow Mountains pumped storage project.
Two new studies, to be performed by the European Association for Storage of Energy (EASE), will help define the current status of activities that link renewable energy to zero-emission electricity transportation, with a focus on energy storage and grid management solutions.
Portland General Electric has scrapped its plans to secure permits for two new natural gas-fired power plants in eastern Oregon, US.
Pembina Pipeline and Kuwait Petroleum's subsidiary Petrochemical Industries Company (PIC) have established a joint venture to go ahead with their proposed integrated propylene and polypropylene production facility in Canada.
(Tue, 16 May 2017) Roughly 70% of petroleum-fired electric generating capacity that still exists today was constructed prior to 1980. Utility-scale generators that reported petroleum as their primary fuel comprised only 3% of total electric generating capacity at the end of 2016 and produced less than 1% of total electricity generation during 2016.
China and Pakistan signed a US$50 billion memorandum of understanding (MoU) on May 13 to develop and complete the Indus River Cascade, according to information from the China-Pakistan Economic Corridor (CPEC). The MoU was one of several signed related to improving and developing Pakistan’s infrastructure.
On Tuesday May 9, Rocky Mountain Institute announced that ten energy companies from nine nations, including Sempra and Royal Dutch Shell, had joined the Energy Web Foundation (EWF), a nonprofit comprising of Rocky Mountain Institute and Grid Singularity, with a mission to accelerate the commercial deployment of blockchain technology in the energy sector.
Over R130 billion (roughly US$10 billion) is spent on energy products such as charcoal, kerosene and candles across Africa annually. However, the work being done in South Africa with solar power means that number could drop drastically over the next decade or two.
At the storage industry matures, larger companies are starting to purchase some of the original start-ups.
Vulnerabilities in the power grid are one of the most prevalent national security threats. The technical community has called for building up the resiliency of the grid using distributed energy and microgrids for stabilization.
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