Investment bank says wide deployment of battery storage will hasten the demise of fossil fuels and utilities that remain focused on centralised generation. It tips rapid fall in costs and a $400bn storage market by 2030. citi reportInvestment bank Citigroup predicts that the wide deployment of battery storage technologies will hasten the demise of fossil
The UK’s minister for energy has said that her government is not planning any framework of incentives for energy storage, but said nonetheless that public funds can help “bridge the gap” between ideas and commercialisation. Amber Rudd, a minister at the Department for Energy and Climate Change (DECC), attended an event hosted in Westminster, London
Renewables have the power to transform not just the world’s energy markets, but global economics and geopolitics. But wind and solar alone cannot deliver a world of clean and free fuel. Both are, by their very nature, variable, so to realise their true potential other technologies need to be harnessed. Improving connectivity to other countries
In isolation, it could have seemed innocuous. Sonangal, the Angolan National Oil company announced cuts in capital expenditure. The industry paid little attention. Since the current crisis began, cuts in cap-ex have been all around us. But this move, from a National Oil Company, marks a significant shift that we should all recognize. Early in
300 pounds: That’s how much coal was not burned in a distant power plant in December as a result of the solar panels we installed on our house in Wyoming this fall. Being December, it was our lowest monthly generation period, with low sun angles and periodic snow covering our panels. An astonishing 1000 pounds
Oil. The commodity. We know what it’s worth – at least we thought we did – but what does a barrel of the black stuff get you in real life? Before we get theoretical, let’s first consider how much oil you use. If you’re in the United States, that figure is approximately 2.5 gallons of
Dubbed “the UK’s first eco town”, the NW Bicester development in Oxfordshire will run a range of ultra-low emission vehicle initiatives including an electric car club for the first phase of its development. The NW Bicester project is being developed by A2Dominion, which is teaming up with ultra-low emission vehicle leasing company Fleetdrive Electric to
Shareholders ask the five largest US oil companies – Valero, Exxon Mobil, Marathon Petroleum, Phillips 66 and Chevron – to disclose the risks their operations and facilities face from rising sea levels and storm surges [Published 26 Feb] Investors and nonprofits on Thursday asked the five largest US oil companies to disclose risks to their
Elon Musk’s electricity empire could mean a new type of power grid Earlier this week, during a disappointing Tesla earnings call, Elon Musk mentioned in passing that he’d be producing a stationary battery for powering the home in the next few months. It sounded like a throwaway side project from someone who’s never seen a
Using an Infrared Camera to Look for Wasted Energy
Fuel Included isn’t just about electric cars, but about the transition to a low carbon lifestyle. One of the easiest ways to reduce your carbon footprint is to use less energy, and that can be as simple as wasting less energy around the home. A beneficial side effect is that you save money too. A
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