Posts tagged “renewable energy”
Global Energy Growth BP recently released their highly respected annual Statistical Review of World Energy for 2011. Most of the news stories on the report have focused on the exceptionally strong growth in global energy consumption. While that is without a doubt a major story that I will discuss here, I also want to highlight some lesser known facts from the report. Crude Oil The report notes that overall energy consumption growth was 5.6%, the highest rate since 1973. Oil prices averaged the second highest level on record, and therefore oil showed the slowest growth rate at 3.1%, to reach a new record level of 87.4 million b/d. (I am on record as stating that I think global oil production… Continue»
Introduction I tend to accumulate a lot of books – sent to me by publishers and publicists – and they pile up on my desk until I have to make a trip somewhere. Because it takes a long time to get from Hawaii to anywhere else, I always grab a book or two from my stack to keep myself occupied while in a plane or while waiting for one. For my most recent trip, I grabbed Amanda Little’s book Power Trip: The Story of America’s Love Affair with Energy. Little describes herself as an environmentalist who — up until writing this book — had “one major blind spot” in her understanding of energy: “I also realized that this thing that… Continue»
Doing Due Diligence To people who follow the energy industry closely, it’s a common occurrence to come across announcements from companies proclaiming to have developed the key to the ‘next big thing’ — for solving the world’s energy crisis. Maybe they say they can take any sort of waste biomass and turn it into fuel — ethanol, diesel, pyrolysis oil, mixed alcohols — at very low cost. Or they say they can produce renewable electricity at a price competitive with coal. The layperson reads the news release and is curious: “Is this real?” When I am asked to comment on a press release, I try to be cautious with my opinions until I have peeled the onion a bit. There… Continue»
The following guest essay is by Kevin P. Kane. Kevin is an Oil & Gas analyst and cleantech business consultant living in South Korea. Kevin previously published two widely circulated essays: American Freedom from Oil: A Bipartisan Pipedream and Energy Security Populism: Oil Prices, American Leaders, and Media. In this essay Kevin examines the green energy marketplace with a focus on globalization. ————————- Green Global System Integration, Joint Ventures, and Partnerships: How Renewable Energy Accelerates Globalization & Reduces Energy Independence By Kevin P. Kane Many private investors and financial institutions are betting on who will win the green race, but contrary to how our national leaders and media outlets make things appear, they are not wagering on countries: not the… Continue»
I usually scan the energy headlines each morning, but had somehow missed the stories on the recently introduced bills to electrify the U.S. Postal Service fleet:U.S. Postal Service to test a repurposed electric vehicle fleet Rep. Gerald E. Connolly (D-Va.) introduced a bill Friday that would pay for 109,500 electric vehicles, though the cost of that program isn’t known yet. “This, to me, would be a very productive thing and . . . likely to produce jobs and revitalize an industry,” Connolly said. In December, Rep. José E. Serrano (D-N.Y.) announced an “e-Drive” bill that would give $2 billion to the Energy Department and Postal Service to convert 20,000 mail trucks into electric vehicles. I have always liked the idea… Continue»
Bloom Energy wants to fit your home with the capability of cleanly and cheaply converting fuel into energy.
China’s increase in its wind energy capabilities accounted for more than one third of the 39.1% increases around the world.
The slides from all of the presenters at the recent Orlando Energy Conference are now all available online: The Economics of Alternative Energy Sources and Globalization: The Road Ahead Here is the link directly to my presentation: An Overview of Global Energy Issues Here are several of my slides, which give a flavor of my presentation: The primary thrust of my message is that we are looking at a potentially serious energy crisis in the not too distant future as oil begins to deplete faster than renewables can fill the void. Globally, India and China will have a huge influence over the oil markets, driving prices eventually higher than where they were last summer. Times will continue to be very… Continue»
A study suggests that by 2030, more jobs will be available in the energy field if governments make the switch to renewables. If they stick to coal, the number of jobs will drop by half a million.
California is currently battling with itself over how to achieve the 33% of energy provided by renewable energy bill that is going through the Assembly. The environmentalists, utilities, and consumers all want to ensure their agendas are being heard.