Archive for the 'Energy' Category
GM Bolt: Pure EV, 200 Mile Range, $30,000, 2017
January 16th, 2015Via: MIT Technology Review: GM today unveiled an all-electric concept car, called the Bolt, which it says will have a 200-mile range. That’s comparable to the range of Tesla’s electric luxury cars, but the Bolt will cost around $30,000 (while a Tesla will sell for between $70,000 and $94,000). The Bolt, a compact hatchback, will […]
Oil Drillers Pull Most U.S. Rigs in More Than Two Decades
January 9th, 2015Disclosure: I’m long USO/oil. Via: Bloomberg: In what is the strongest sign yet of the damage that plunging crude prices are doing to the U.S. oil industry, drillers idled more rigs last week than they have at any point since 1991. Oil rigs fell by 61 to 1,421, Baker Hughes Inc. (BHI) said on its […]
Venezuela: Military Supervises Food Distribution
January 9th, 2015The stores are full, comrades. Just form orderly lines and do what the soldiers say. Via: Bloomberg: Shoppers thronged grocery stores across Caracas today as deepening shortages led the government to put Venezuela’s food distribution under military protection. Long lines, some stretching for blocks, formed outside grocery stores in the South American country’s capital as […]
How OPEC Weaponized the Price of Oil Against U.S. Drillers
January 9th, 2015Disclosure: I’m long USO/oil. Via: Bloomberg: If there ever was doubt about the strategy of the Organization of Petroleum Exporting Countries, its wealthiest members are putting that issue to rest. Representatives of Saudi Arabia, the United Arab Emirates and Kuwait stressed a dozen times in the past six weeks that the group won’t curb output […]
Aquion Energy Enters 1 MWh Battery Supply Deal in Hawaii
January 8th, 2015Disclosure: I sell solar power systems in New Zealand. Via: PV Magazine: U.S. aqueous hybrid ion battery developer and supplier Aquion Energy has entered into a supply deal with the residential community Bakken Hale, to supply a 1 MWh battery system. The battery installation will be coupled with a PV array to supply the community […]
Fracking Confirmed as Cause of Rare “Felt” Earthquake in Ohio
January 7th, 2015Via: Bulletin of the Seismological Society of America (.pdf): A new study links the March 2014 earthquakes in Poland Township, Ohio to hydraulic fracturing that activated a previously unknown fault. The induced seismic sequence included a rare felt earthquake of magnitude 3.0, according to research published online by the Bulletin of the Seismological Society of […]
New Solar Power Material Converts 90 Percent of Captured Light Into Heat
December 31st, 2014Via: Physorg: A multidisciplinary engineering team at the University of California, San Diego developed a new nanoparticle-based material for concentrating solar power plants designed to absorb and convert to heat more than 90 percent of the sunlight it captures. The new material can also withstand temperatures greater than 700 degrees Celsius and survive many years […]
Oil Set for Biggest Slump Since 2008 as OPEC Battles U.S. Shale
December 31st, 2014Via: Bloomberg: Oil headed for the biggest annual decline since the 2008 global financial crisis as U.S. producers and the Organization of Petroleum Exporting Countries cede no ground in their battle for market share amid a supply glut. Futures slid as much as 1.1 percent in New York, bringing losses for 2014 to 46 percent. […]
Urban Farming Guys MakerSpace
December 24th, 2014Via: Urban Farming Guys:
Russia: Ex-Minister Kudrin Warns of ‘Full-Fledged Crisis’
December 22nd, 2014Via: Reuters: Russia’s government has pushed the country into an economic crisis by not tackling its financial problems fast enough, former finance minister Alexei Kudrin said on Monday, as evidence mounted of trouble spreading through the economy. The central bank bailed out its first victim of the collapsing currency, authorities announced a tax on grain […]
