The combination of slower electricity demand growth, low natural gas prices, and policies that encourage renewables-sourced electricity generation is changing the type and the amount of generating capacity added each year. via Today in Energy http://ift.tt/1Vj4pv5
Where does the lithium-ion battery industry -- and most notably, Tesla/Panasonic -- stand today on battery costs? Solar veterans will recall a time not so long ago when the industry's biggest dream was a PV module with a cost of 99 cents per watt. Obviously, the solar industry has long left that figure in the … Continue reading How Soon Can Tesla Get Battery Cell Costs Below $100 per Kilowatt-Hour?
A new study from the National Oceanic and Atmospheric Administration (NOAA) models electricity system in the United States if we were to use its energy resources in the most cost effective way. It finds the electricity would be both cheaper and cleaner. read more via The Energy Collective - The world's best thinkers on energy … Continue reading Study Highlights a Least Cost Energy Vision for the U.S.
(Click to enlarge)The eventual peak in world fossil fuel output is a potentially serious problem for human civilization. Many people have studied this problem, including Jean Laherrere, Steve Mohr, Paul Pukite (aka Webhubbletelescope), and David Rutledge. I have found Steve Mohr’s work the most comprehensive as he covered coal, oil, and natural gas from both … Continue reading Peak Coal: How Much Remains Economically Recoverable?
According to GTM Research’s latest edition of the PV Pulse, the global blended average price for a tier-1 Chinese-produced multicrystalline PV module fell 10 percent year-over-year and reached 57 cents per watt in the fourth quarter of 2015. “While underwhelming demand in 2014 left its trace on pricing in early 2015, supply-demand tightness and tariffs … Continue reading Solar Module Prices Reached 57 Cents per Watt in 2015, Will Continue to Fall Through 2020
In 2015 12,800 MW of new wind capacity was installed in the EU, an increase of 6.3% over 2014, and more than any other form of power generation, according to recent new figures from the European Wind Energy Association. Wind power accounted for over 44% of total power capacity installations in the EU last year.read … Continue reading Wind Top New Power Capacity Source in Europe
The North American Baker Hughes Rig Count came out Friday. The decline continues. Baker Hughes gives an oil and gas breakout for every basin and state with five years of historical data. (Click to enlarge)Baker Hughes has twenty eight and one half years of historical data for total U.S. rigs but only five years for … Continue reading The Long Term Impact Of The Oil Rig Crash
Times are tough in the methanol market. Posted and spot prices for methanol have continued falling (to levels not seen since 2010). New methanol capacity, planned during the good ol’ days, has been coming online, further depressing prices. And while more methanol-to-olefins (MTO) plants are starting up in China—the product’s biggest market—they are running at … Continue reading Bad Moon Rising—Any Credence in a Near-Term Methanol Revival?
Saudi Arabia’s plans to privatise its electricity sector will also include a pivot towards renewable energy sources, according to press reports in the kingdom. via PV-Tech http://ift.tt/1RsGNyu
The first export shipment of liquefied natural gas (LNG) produced in the Lower 48 states on February 24 is a milestone reflecting a decade of natural gas production growth that has put the United States in a new position in worldwide energy trade. via Today in Energy http://ift.tt/1nl4WyM