We’ve heard of "grid parity", but what happens when the cost of local generation falls below the cost of the network? It’s called "God Parity", and it’s when centralised generation doesn’t have […]
PI News Feed
As European Electric Vehicle Sales Spike, Demand Slows in the US
Electric vehicle sales have been growing steadily in Europe, while sales have faltered in the U.S. According to Renault Z.E., which tracks electric vehicle sales across Europe, all-electric vehicle sales in the […]
Is This The Best Play In U.S. Oil?
E&P companies have added 30 horizontal rigs in the Permian basin since the end of June. Most analysts didn’t notice (Figure1).Figure 1. Tight oil horizontal rig counts since January 1, 2015. Source: […]
North-Dakota Production Creeps Up In Spite Of Lower U.S Oil Output
The Bakken Production Statistics and the ND Production Statistics with June production numbers has been published.(Click to enlarge)Bakken production was up by 10,887 barrels per day to 1,152,455 BPD while all North […]
Five things you didn’t know about the electric vehicle market
They might not be driving them yet, but electric vehicles are definitely on the radar of some of the world’s top investment and market analysts. Last week, US-based global investment bank Morgan […]
What is the price of oil telling us?
Market fundamentalists tell us that prices convey information. Yet, while our barbers and hairdressers might be able to give us an extended account of why their prices have changed in the last […]
Rail versus Pipe
TransCanada is pointing to a new study on how pipeline safety stacks up against rail to show why two of its controversial projects should be built. According to the report by the […]
Implicit Climate Subsidy Exceeds Profits at 20 Top Fossil Fuel Companies
I recently published a paper, along with my colleagues Paul Gilding and Jimena Alvarez. For 20 leading fossil fuel producing firms, we measured the economic cost to society of the climate change […]
New NREL Data Suggests Wind Could Replace Coal as Nation’s Primary Generation Source
The National Renewable Energy Laboratory (NREL) recently released data showing that the capacity factor (CF) for wind power can reach 65 percent — comparable to the CF of fossil-fuel-based generation. While the […]
California’s New Interconnection Maps Are a Huge Win for Distributed Energy
In a recent State of the State address, California Governor Jerry Brown called for a goal of 50 percent renewable energy by 2030 — up from the current mandate of 33 percent […]