Optimizing energy use could unlock between $900 billion and $1.6 trillion in savings globally in 2035, according to a new report by the McKinsey Global Institute. The savings, which roughly equal […]
Stanford Engineers Create a Low-cost Battery for Storing Renewable Energy
A battery made with urea, commonly found in fertilizers and mammal urine, could provide a low-cost way of storing energy produced through solar power or other forms of renewable energy for consumption during off […]
Proterra CEO: Every New Transit Bus Will Be Electric by 2030
By 2020, one-third of new fleet bus purchases will be electric. By 2025, electric buses will make up half of new sales to transit agencies. By 2030, every single transit bus sold […]
BP Predicts 100 Million EVs on the Road by 2035. But They ‘Won’t Be a Game-Changer’ for Oil Demand
Despite a massive increase in electric vehicles and other non-conventional cars, the internal combustion engine will still make up 94 percent of all motorized transportation by 2035, according to an Energy Outlook […]
Congress Plans Back Door Tactic to Scrap Methane Pollution Rule, and These Are the Oil Companies That Will Benefit
Republican leaders in Congress say they’ll use an obscure rule called the Congressional Review Act (CRA) to roll back the Methane Waste and Prevention Rule as early as next week. The rule, […]
Wind Outpaces Coal in Europe, Beats Hydro in North America
Chalk up another set of data points in favor of wind power’s cost effectiveness against its mainline competitors of coal and hydropower, from both sides of the Atlantic. Last week, Europe’s wind […]
Brent Crude Namesake Oilfield Moves Toward Total Decommissioning
Shell applied on Wednesday to begin decommissioning the entire Brent oilfield—the namesake of ‘Brent crude’–in the North Sea, in a project that could take up to a decade to complete. While […]
Permian Drilling Costs Surge: Are The Days Of Cheap Oilfield Services Over?
It was only a matter of time before drilling, fracking, and oilfield service providers for the oil and gas industry started raising their prices to reflect the improving prospects for their […]
Wind Power Could Blow Past Hydro’s Capacity Factor by 2020
Legacy hydroelectricity — clean, dispatchable and cheap — has long dominated the renewable energy sector as a dependable workhorse. But by the decade’s end, wind may end up wearing the capacity factor […]
Brent Crude Namesake Oilfield Moves Toward Total Decommissioning
Shell applied on Wednesday to begin decommissioning the entire Brent oilfield—the namesake of ‘Brent crude’–in the North Sea, in a project that could take up to a decade to complete. While […]
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