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GE and Harbin Electric sign MOU to bring FlexEfficiency power generation technology to China

Green Car Congress

By rapidly ramping up and down in response to fluctuations in wind and solar power, the technology will enable the integration of more renewable resources into the power grid. In 2010, GE and HE expanded their relationship, forming a joint venture to serve China’s wind energy industry.

China 186
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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Fossil fuels still dominated energy consumption with 87% market share, while renewables rose fastest but are still only 2% of the global total. There was a record decline in EU gas consumption (-9.9%) driven by the weak economy, high prices, warm weather and continued growth in renewable power generation. Renewables.

Coal 261
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Lithium-Ion Battery Maker Ener1 Receives $20M Strategic Equity Investment from ITOCHU

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ITOCHU, which began its strategic relationship with Ener1 in 2003, purchased 3.2 million shares of common stock from Ener1 at a price of $6.18 Earlier post.). Earlier post.).

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EnerDel, ITOCHU Announce Second Smart Grid Battery Storage Project

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The system will provide a critical link between renewable energy, high-speed charging for electric cars and the local utility grid. since 2003. ITOCHU is a $100 billion conglomerate with deep ties to the automotive, utility and renewable energy industries. Earlier post.).

Grid 218
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Obama sets goal of reducing US oil imports by 1/3 by 2025; domestic and Western Hemisphere production, natural gas, biofuels, electric vehicles, fleet purchases

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Obama noted that last year, US oil production reached its highest level since 2003 and that for the first time in more than a decade, imported oil accounted for less than half the liquid fuel consumed. We have to discover and produce cleaner, renewable sources of energy with less of the carbon pollution that threatens our climate.

Obama 268
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MIT Report Finds Natural Gas Has Significant Potential to Displace Coal, Reducing Greenhouse Gas Emissions; Role in Transportation More Limited

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The first two reports dealt with nuclear power (2003) and coal (2007). In the very long run, very tight carbon constraints will likely phase out natural gas power generation in favor of zero-carbon or extremely low-carbon energy sources such as renewables, nuclear power or natural gas and coal with carbon capture and storage.

MIT 240
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How to Prevent Blackouts by Packetizing the Power Grid

Cars That Think

Spiking demand for electric heat collided with supply problems created by frozen natural-gas equipment and below-average wind-power production. Similar mismatches in supply and demand contributed to massive cascading blackouts in August 2003 in the northeastern United States and Canada, in July 2012 in India , and in March 2019 in Venezuela.