Energy Update

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The electricity generated by a solar photovoltaic (PV) system depends on the orientation and tilt of the PV panels, and in some cases, its ability to track the sun throughout the day. Because photovoltaic panels operate more efficiently when oriented directly at the sun, some systems use solar-tracking technology to increase electricity generation by rotating the panels along one or two axes.

In his latest blog post, Ross McCracken, managing editor, Energy Economist asks: How low can the costs of US shale oil production go?

I had the honor last week of being able to join a business roundtable with fellow Texan and new U.S. Energy Secretary, Rick Perry. We met in the state Perry led as governor for 14 years while Texas made its remarkable ascent to become the nation's leader in wind power production, investment and new jobs.

San José-based SunPower this week said that it now is offering its Oasis power plant platform, with drones, to solar power plant developers and EPC providers through a newly formed business unit, called SunPower Solutions.

ACWA Power International will bid to build a solar energy project in Saudi Arabia, part of the kingdom’s $50 billion push to temper domestic oil use.

The fastest growth in energy storage is going to be in the commercial and industrial sectors, which are using storage applications innovatively to better manage renewables integration and energy efficiency, according to Anil Srivasta, CEO of Swiss energy storage solution provider Leclanché

(Wed, 26 Apr 2017) Crude oil production in the Permian Basin is expected to increase to an estimated 2.4 million barrels per day (b/d) in May, based on estimates from EIA’s Drilling Productivity Report. Between January 2016 and March 2017, oil production in the Permian Basin increased in all but three months, even as domestic crude oil prices fell.

(Wed, 26 Apr 2017) Malaysia is a significant oil and natural gas producer in Asia and is strategically located amid important routes for seaborne energy trade. Malaysia is the world’s third-largest exporter of liquefied natural gas and the second-largest oil and natural gas producer in Southeast Asia.

Amber Kinetics last week said that its four-hour discharge duration flywheel storage technology (FES) received a recommendation from California’s Emerging Technologies Coordinating Council for adoption into the state’s Self Generation Incentive Program (SGIP).

Tesla is going to need more chargers. Lots of them. The company is preparing to launch its $35,000 Model 3 electric car later this year, with plans to make 500,000 EVs in 2018 (up from 76,000 a year ago).

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