The Getech Group Brings Greater Insight to Both Sides of the North Atlantic
Getech, providers of natural resources exploration data and information expertise, has released two, complementary in-depth reports that will provide users with remarkable insight into the geology of the North Atlantic, from the coastal margins of Canada across to Western Europe. Regional Reports, written by Getech’s expert geoscientists, are designed to give users a wider and greatly improved understanding of their area of exploration. Exploration new ventures and asset teams who use th...
Energy Storage and Renewables Beyond Wind, Hydro, Solar Make Up 4% of U.S. Power Capacity
Beyond the main sources of electricity generation capacity in the United States that have recently been discussed in a series of Today in Energy articles, additional amounts of utility-scale capacity are provided by technologies such as hydroelectric pumped storage, batteries, flywheels, and renewable fuels other than hydro, wind, and solar. These sources collectively accounted for 4% of the electricity generating capacity in the United States in 2016. Among capacity within this group, hydroe...
RES is Constructing the Redbed Plains Wind Farm
Broomfield, Colo. – Renewable Energy Systems (RES), a leader in the development, engineering, and construction of wind, solar, transmission, and energy storage projects in the Americas, is pleased to announce the start of construction on EDP Renewables North America’s (EDPR NA) Redbed Plains Wind Farm in Grady County, Oklahoma, just southwest of Oklahoma City. Redbed Plains Wind Farm will have a capacity of 99.1 MW and consist of 48 Siemens Gamesa turbines. An interconnection agreement f...
Renewable Energy Employs 9.8 Million People Worldwide, New IRENA Report Finds
Abu Dhabi, U.A.E — More than 9.8 million people were employed in the renewable energy sector in 2016, according to a new report from the International Renewable Energy Agency (IRENA). Renewable Energy and Jobs – Annual Review 2017, released at IRENA’s 13th Council meeting, provides the latest employment figures of the renewable energy sector and insight into the factors affecting the renewable labour market. “Falling costs and enabling policies have steadily driven up investment and employmen...
Better Buildings Challenge Partners Save $1.9 Billion, 18 Achieve their Portfolio-Wide Goal this Year
WASHINGTON, D.C. - The U.S. Department of Energy (DOE) today announced the energy-efficiency progress made by the 345 leading public and private sector organizations in the Better Buildings Challenge. These efforts have led to a combined 240 trillion Btus and an estimated $1.9 billion in cumulative energy and cost savings. These results are summarized in the 2017 Better Buildings Progress Report released today that highlights accomplishments across the broader Better Buildings Initiative. The go...
Fuel Economy Improvements are Projected to Reduce Future Gasoline Use
Anticipated changes in energy consumption by light-duty vehicles in the United States are based on two factors: the amount of travel and the fuel economy of the vehicles used. The Annual Energy Outlook 2017 (AEO2017) Reference case projects a decline in light-duty vehicle energy use between 2018 and 2040 as improvements in fuel economy more than offset increases in light-duty vehicle miles. The number of vehicle-miles traveled in the United States by light-duty vehicles set a record at 2.84 t...
ABB’s DBL Distribution Blocks: Maximum Flexibility, Easy to Install, Compact Size
DBL distribution blocks from ABB offer three configurations in one product: single-pole splitter, multi-pole splitter and grouping functionality; as well as being modular and touch proof, which eliminate the need for bus bars, isolators and fasteners. In addition to being flexible and easy to install, DBL distribution blocks offer a compact size that saves up to 50 percent of rail space, compared with conventional distribution bars. “Most people associate ABB connection devices with term...
Australia's Electricity Crisis Could be Solved by Water Scheme
THE system that transformed Australia’s water industry into a world leader is being proposed to solve the nation’s energy crisis. Leading water industry expert Professor Mike Young launched his “climate sharing system” in South Australia today in a bid to transform a national liability into a national asset. Under the plan, climate shares would be allocated to all power stations and other major greenhouse gas emitters in proportion to their current emissions. The annual emission allocat...
OPEC Net Oil Revenues in 2016 Were the Lowest Since 2004
Members of the Organization of the Petroleum Exporting Countries (OPEC) earned about $433 billion in net oil export revenues in 2016, the lowest since 2004. In real dollar terms, the 2016 revenue represents a 15% decline from the $509 billion earned in 2015, mainly because of the fall in average annual crude oil prices and, to a lesser extent, because of decreases in OPEC net oil exports. EIA projects that OPEC net oil export revenues will rise to about $539 billion dollars (nominal) in 2017,...
Oil-Fired Power Plants Provide Small Amounts of U.S. Electricity Capacity and Generation
Roughly 70% of petroleum-fired electric generating capacity that still exists today was constructed prior to 1980. Utility-scale generators that reported petroleum as their primary fuel comprised only 3% of total electric generating capacity at the end of 2016 and produced less than 1% of total electricity generation during 2016. Power plants that burn petroleum liquids (such as distillate or residual fuel oils) are generally used for short periods during times of peak electricity demand. Oth...