As the second largest energy company on the planet, Royal Dutch Shell has the eyes of the world watching its every move. This is particularly the case when it comes to matters of sustainability. When the multinational announced its intention to purchase UK utilities company FirstUtility, it was a clear signal of the way the…
Renewable energy accounted for a record 44.1% of Germany’s electricity production in the month of October, according to Germany Trade And Invest. The record is partly attributable to winter storms Xavier And Herwart. Wind turbines contributed the bulk of that power, at 82.1 TWh, biomass contributed 40.1 TWh, solar systems contributed 37.5 TWh, and hydroelectric power…
We are currently seeing a change in how we produce and sell energy thanks to the emergence of digitization and renewable energy, helping to empower communities and democratize power. The most significant challenges facing this brave new world within the renewable energy space is intermittency. The sun does not shine 24 hours a day, seven…
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…
The United Arab Emirates’ Energy Ministry has decided to terminate gasoline subsidies, as the country’s economy is affected by low oil prices. Oil prices will most likely go right back up anyway, but it is uncertain when that will happen. The average cost of gasoline in the U.A.E. is equivalent to $1.78/gallon and the policy…
The Playa Solar 2 power plant’s power is being sold to NV Energy at a staggeringly-low 3.87 cents/kWh.
A look at Germany’s progress towards a more environmentally friendly future.
The Rockefeller family made an enormous fortune in the oil business during the late 19th and 20th centuries. Now that the world is developing an interest in alternatives to oil (and in many cases, switching to them), what should a family who makes so much money from the oil industry do? The Rockefeller family could…
Originally published on Cleantechnica By Nicholas Brown. Last year, the Edison Electric Institute predicted that the widespread adoption of renewable energy (especially on-site electricity generation) is going to destroy the traditional utility business model that power companies have been using for all these years. New research says: not so much. People do not want to have…
The United States And Iraq Have Increased Oil Production An article found on CNBC indicates that the United States will soon overtake Russia and Saudi Arabia as the biggest oil producer in the world. And though the United States is also the biggest consumer of oil in the world, the United States International Energy Administration…
Originally published on Cleantechnica by James Ayre. Only 613 MW of solar PV capacity was installed last year in France, according to data recently published by the French General Commission on Sustainable Development. That’s a significant drop from 2012, when 1.15 GW of capacity was installed — a 45% drop to be exact. Given the…