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Oil Majors’ Costs Have Risen 66% Since 2011

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Oil prices have stabilized and the cost cutting measures implemented over the past three years should allow companies to turn a profit even though crude trades for about half of what it did back in 2014. The result could be an uptick in the cost of producing oil for the first time in a few years. per barrel, rising to $36.50.

Oil 150
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DOE awards $56M to 21 concentrating solar power projects; $8M for reducing soft costs of rooftop PV systems

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The research projects, conducted in partnership with private industry, national laboratories and universities, support the Energy Department’s SunShot Initiative, a collaborative national effort to make solar power cost-competitive with traditional energy sources by the end of the decade. million in fiscal year 2011. CSP awards.

Solar 252
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Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

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million and 4 million vehicle sales respectively), according to research company Bloomberg New Energy Finance (BNEF). However, achieving such growth level will be dependent on two key factors: aggressive reductions in battery costs and rising gasoline prices. However, actual sales will be much lower and limited by vehicle availability.

Financing 283
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Skeleton Technologies receives US patent for nanoporous carbon powder supercapacitor material; higher energy and power densities and lower cost

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Skeleton Technologies says its supercapacitors based on the material have a two-fold advantage: In specialized, high-performance applications where cost is not a critical driver, they can deliver more power and more energy than competitive offerings at the same weight and volume. million in 2011 to $284.1 million during that period.

Carbon 353
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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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Following the Fukushima disaster in 2011, the Federal government oversaw the immediate closure of eight nuclear plants, with the rest of the stations to be shut down by 2022. However, the financial cost of the shift is causing concern. These costs are primarily borne by consumers. Electricity prices in comparison.

Germany 239
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XL Fleet and eNow partner to electrify refrigerated trailers

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eNow has pioneered the development of mobile solar battery charging systems to the commercial fleet market since 2011. This partnership also builds on XL Fleet’s promise of delivering Electrification-as-a-Service, by giving customers the opportunity to finance or lease the refrigerated trailers and related infrastructure.

Fleet 259
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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

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Looking at the third-quarter global investment figures by type, asset finance of utility-scale renewable energy projects came to $49.3 billion in the first nine months of 2018, making this year certain to be the strongest since at least 2011. billion, up 11-fold, making investment in 2018 the highest since 2011. Spain at $1.9

Clean 259