Energy Update
With major corporations setting ambitious environmental targets, a surge in demand for renewable energy certificates (RECs)* is anticipated, according to the market players gathered at the RECS Market Meeting in Amsterdam on 21-22 March.
A new pilot project from Illinois’ largest utility is bringing energy storage out from behind the substation and into the neighborhood. Last month, ComEd deployed a 25-kilowatt-hour, lithium-ion battery in Beecher, Ill., about 40 miles south of Chicago. In the event of a power outage, the battery can supply about an hour of backup power to three houses selected for the project.
After building North Carolina’s first commercial onshore wind development, Avangrid Renewables now has the rights to another first in the state: an offshore wind farm 27 miles from the Outer Banks.
A new company is coming in hot with their energy storage technology, dependent on 900 degree Fahrenheit molten metals. Ambri has developed a battery storage system that is relatively simple, developing reliable power and displaying rechargeable capabilities.
(Wed, 12 Apr 2017) U.S. crude oil production in the Federal Gulf of Mexico (GOM) set an annual high of 1.6 million barrels per day (b/d) in 2016, surpassing the previous high set in 2009 by 44,000 b/d. In January 2017, GOM crude oil production increased for the fourth consecutive month, reaching 1.7 million b/d.
Saffron Energy, a natural gas producer with interests in northern Italy, announced that it has received the final approval from the Italian Ministry of Economic Development (UNMIG) for gas production at the Bezzecca gas field on 11 April 2017.
Research led by a Stanford scientist promises to increase the performance of high-power electrical storage devices, such as car batteries. In work published last week in Applied Physics Letters, the researchers describe a mathematical model for designing new materials for storing electricity.
Gatwick Airport in the U.K. and DHL Supply Chain in March opened a new waste management plant, which Gatwick said is the first facility at an airport to turn airport waste into energy onsite.
California is privileged to have access to a variety of robust energy resources, particularly geothermal energy. It produces more geothermal power than any other state, and alone accounts for more than 20 percent of total geothermal energy production worldwide.
E.ON is strengthening its position as a frontrunner and early adopter in airborne wind energy, an emerging sector developing game changing technologies for renewable energy production.
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