Energy Update

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(Thu, 23 Mar 2017) Brazil generates the third-highest amount of electricity in the Americas, behind only the United States and Canada. In 2016, Brazil had an installed generating capacity of 137 gigawatts (GW) and generated 560 billion kilowatt hours of electricity.

No country will ever get to 100 percent renewable energy without using geothermal, biomass, hydropower or a combination of the three. These technologies are able to provide energy around the clock, (baseload) and do not depend on the sun shining or the wind blowing.

China's China Petroleum & Chemical (Sinopec) has agreed to acquire Chevron’s assets in South Africa for about $900m in a bid to expand its operations.

Saipem and NTT DATA have signed an agreement to collaborate on prototyping and implementing new solutions in Saipem yards on its vessels.

Saipem and Siemens have signed a joint development agreement to qualify and promote an open standard subsea control system for Saipem's subsea bus architecture based on Siemens Subsea DigiGrid.

The user selection board of the €11 million (US$11.8 million) Funding Ocean Renewable Energy through Strategic European Action (FORESEA) project has awarded “Recommendations for Support” to 15 offshore renewable energy technologies, according to an announcement today from FORESEA.  

Finland-based clean energy firm Fortum last week said that it has formed a joint venture with Lietuvos Energija to build a waste-to-energy combined heat and power plant in Kaunas, Lithuania.
 

The solar industry is one of our most obvious success stories. Our industry directly employs 261,000 people. We generate energy that is both clean and renewable. And we generate this energy at prices that are less than conventional utility power — as low as 6 cents per kwh. 

As the power of sensors and processing rise and their costs drop, those of us who study the “greening” of information and communications technology are looking ahead to the challenges posed by artificial intelligence.

Plans to install turbines on platforms that float in the sea are gathering pace as renewable energy developers seek new areas to harvest wind power.

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