All-time low for discovered resources in 2017: Around 7 billion barrels of oil equivalent was discovered

Rystad Energy concluded this week that 2017 was yet another record low year for discovered conventional volumes globally. Less than seven billion barrels of oil equivalent has been discovered YTD. “We haven’t seen anything like this since the 1940s,” says Sonia Mladá Passos, Senior Analyst at Rystad Energy. “The discovered volumes averaged at ~550 million barrels … Continue reading All-time low for discovered resources in 2017: Around 7 billion barrels of oil equivalent was discovered

Solar Is Surging In U.S. Electricity Generation

The EIA released the latest edition of their Electric Power Monthly on April 24th, with data for February 2018. The table above shows the percentage contribution of the main fuel sources to two decimal places for the last two months. (Click to enlarge) (Click to enlarge)With the spring equinox drawing closer, the absolute contribution from Solar continued … Continue reading Solar Is Surging In U.S. Electricity Generation

Rooftop Solar Could Power 75% Of U.S. Homes

If you have ever wondered how much of the electricity demand in the U.S. could be supplied by rooftop solar, a new study has the answer. Last month the National Renewable Energy Laboratory (NREL) released the report Rooftop Solar Technical Potential for Low-to-Moderate Income Households in the United States. As the name indicates, the study … Continue reading Rooftop Solar Could Power 75% Of U.S. Homes

A Clearer Look at the Solar Module Market

As the solar trade case loomed for much of last year, regulatory uncertainty drove price spikes. Now, three months after President Trump announced that he would be levying tariffs on solar modules and cells, the market is finally beginning to stabilize. Current module prices, which rest in the mid-to-upper 40’s (cents-per-watt) for standard models, may … Continue reading A Clearer Look at the Solar Module Market

Net Zero or Zero Carbon? Five Types of Green Buildings Explained

Homes and buildings can both consume and produce energy in many ways. In the world of green buildings, a variety of terms are used and some confusion surrounds their definitions. As governments focus on the imperative of reducing carbon pollution from new and existing buildings, it’s essential to understand the implications of setting energy goals for buildings. … Continue reading Net Zero or Zero Carbon? Five Types of Green Buildings Explained