petroleum refinery

It’s Happening Again: Russian, Saudi Arabian Oil Ouput To Be Frozen

Back in 2008, I witnessed the end of cheap oil as we know it — Oil prices surged to $147/barrel in November. That was when talk about alternative energy sources really took off. Oil demand plummeted, causing crude prices to fall from $147/barrel to $33.87/barrel between the months of November and December 2008. Petroleum prices…

Tesla Gigafactory Might Achieve $100/kWh Battery Cost

Electric vehicle battery technology is usually of the lithium-ion chemistry, and it costs $400 to $500 USD per kWh, down from $1,000 a few years ago. They have certainly made strides, and they are set to make even bigger strides in the near future, possibly to $100 per kWh of batteries. Tesla Motors has aimed…

U.S. Gov Imposes New Tariffs On Chinese Solar Panels

Originally published on Solar Love By Nicholas Brown. The US Department Of Commerce has introduced new tariffs via a June 2 ruling on solar panels imported from China. GTM Research’s research paper states that it will increase the cost of modules exported to the US by 14%. Chinese suppliers have historically lowered solar panel prices…

Panasonic Unsure About Committing To Tesla’s Gigafactory

By Nicholas Brown. Panasonic, a major manufacturer of batteries, is hesitant to join Tesla Motors’ ‘Gigafactory’ project, because it would raise investment risks, according to Panasonic’s CEO Kazuhiro Tsuga. “Our approach is to make investments step by step,” Tsuga said yesterday. “Elon plans to produce more affordable models besides Model S, and I understand his thinking…

Nashville MTA Orders 7 Proterra Electric Buses

The Nashville Metropolitan Transit Authority (MTA) has ordered seven battery-powered electric buses from Proterra, along with a charging station. Delivery to Nashville, Tennessee is slated for this year, after they are constructed at Proterra’s Greenville, South Carolina manufacturing facility. The buses, which will operate in the free Downtown Music City Circuit, were funded by the city…