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DOE to award $118M to 17 projects to accelerate domestic biofuel production

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The US Department of Energy (DOE) will award some $118 million in funding for 17 projects to accelerate the production of sustainable biofuels. Topic Area 1: Pre-Pilot Scale-Up of Integrated Biorefineries Algenesis Corporation, “Pre-Pilot Scale Production of Algae-based Jet Fuel and Polyurethane Monomers”, $4,987,974.

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Elio Motors locks in base price of $7,300 for non-refundable reservation holders for 3-wheeler

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l/100 km), is establishing a vehicle purchase base price of $7,300 for its non-refundable reservation holders until the company reaches 65,000 total reservations. Elio Motors aims to disrupt the American transportation industry with its low-cost, highly fuel efficient vehicle, much like Volkswagen did with the Beetle in 1968.

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Swiss team develops effective and low-cost solar water-splitting device; 14.2% solar-to-hydrogen efficiency

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Their high production volumes have largely contributed to a price drop of 80% since 2008, currently reaching levels below $1 per watt peak. In terms of performance, this is a world record for silicon solar cells and for hydrogen production without using rare metals. Christophe Ballif, co-author. Jan-Willem Schüttauf, Miguel A.

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Roskill: graphite prices could push higher on tightening markets for batteries & electrodes

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Synthetic graphite electrode prices rose nine-fold through the first three quarters of 2017, increasing from US$1,748/t in January 2017 to a high of US$16,309/t in September, according to Roskill Information Services. Despite some fallback during the winter months, prices remained above US$15,600/t through February and March 2018.

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Elio Motors plans to sell 100 pre-production 3-wheelers; consumer launch moving to 2017 as company seeks funding

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Elio Motors, the startup vehicle manufacturer planning to launch a three-wheeled vehicle that will get up to 84 mpg with a targeted base price of $6,800, will sell 100 pre-production vehicles built at its Shreveport, Louisiana, production facility fourth quarter of 2016. —Paul Elio.

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Global Bioenergies reports first production of green isobutene at demo plant

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The first trials on the demo plant in Leuna were successfully completed, within schedule, in the fall of 2016 and Global Bioenergies announced first production of green isobutene via fermentation. Global Bioenergies is now entering the final phase of demonstrating its technology for converting renewable carbon into hydrocarbons.

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$10-Trillion Investment Needed To Avoid Massive Oil Price Spike Says OPEC

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On the one hand, OPEC does not see oil prices returning to triple-digit territory within the next 25 years, a strikingly bearish conclusion. The group expects oil prices to rise by an average of about $5 per year over the course of this decade, only reaching $80 per barrel in 2020.