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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. trillion of that going to wind and solar and a further $1.5

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IEA forecasts global oil demand to reach 101.6 mb/d in 2023; non-OECD countries lead expansion

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As the refinery maintenance season winds down in the US, Europe and Asia and a rebound in Chinese throughputs gathers pace, global refinery activity is set for a solid recovery, IEA forecasts. OECD industry stocks of middle distillates have fallen by 25% since January 2021 to their lowest levels since 2004.

Oil 210
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Invenergy and Xtreme Power launch JV for 1.5 MW grid energy storage system

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The energy storage installation, located at Invenergy’s Grand Ridge Wind project site in La Salle County, will supply clean, renewable power to the new frequency response market administered by regional transmission organization PJM. Efficient frequency regulation is essential for PJM’s grid reliability.

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Arizona State University Professor’s Work to Stabilize the Grid Pays Off

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From synchronous machines to fast response power electronics That article was an update of a 2004 article that Vittal coauthored as a member of a joint task force formed by the IEEE Power & Energy Society and CIGRE , an international association of power system professionals, headquartered in Paris.

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Alstom acquires a 40% equity share in AWS Ocean Energy

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Created in 2004, AWS Ocean Energy is currently focusing on the development and delivery of its AWS-III wave energy converter, a floating device with a rated power output of 2.5MW. The AWS-III system is a 12-sided floating device which sits on the surface of the ocean and uses the action of the waves to produce electricity.

Energy 199
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Italian study finds raised levels of PM10, even below current Euro limits, associated with increased acute cardiac events

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The study evaluated the rate of hospitalizations for acute coronary syndrome (ACS); acute heart failure (AHF); malignant ventricular arrhythmias (MVA); and atrial fibrillation (AF) and the average daily concentrations of PM 10 in Brescia over the period 2004-2007.

Pollution 236
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Annual Increase in Global CO2 Emissions Halved in 2008; Decrease in Fossil Oil Consumption, Increase in Renewables Share

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In addition to high oil prices and the financial crisis, the increased use of new renewable energy sources, such as biofuels for road transport and wind energy for electricity generation, had a noticeable and mitigating impact on CO 2 emissions. Since 2002, the average annual increase was almost 4%. Global CO2 emissions increased from 15.3

2008 170