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Viking Grace LNG ferry to install rotor sail; first LNG/wind electric propulsion hybrid ship

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a provider of low- maintenance, software-operated, and data-verified auxiliary wind propulsion systems, signed an agreement with Finnish shipping company Viking Line to install its Rotor Sail Solution onboard the M/S Viking Grace , an LNG-fueled cruise ferry. Norsepower Oy Ltd., Earlier post.). Earlier post.). for the Estraden.

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BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

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Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Wind and solar grow from 7% of generation today to 48% by 2050. This will attract $13.3

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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

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Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). Global cumulative energy storage installations. Source: BloombergNEF.

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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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We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses. —Seb Henbest, head of Europe, Middle East and Africa for BNEF and lead author of NEO 2018. NEO 2018 sees $11.5

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EIA: natural gas-fired reciprocating engines are being deployed more to balance renewables

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As of November 2018, the capacity of the average reciprocating engine generator was 4 megawatts (MW), compared with 56 MW for natural gas combustion turbines and 166 MW for combined-cycle units. Several of these engines are typically installed at one generation facility. MW capacity each that can achieve full output in five minutes.

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Statoil launches Batwind: 1MWh battery storage for pilot offshore wind project

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A new battery storage solution for offshore wind energy will be piloted in the world’s first floating wind farm, the Hywind pilot park off the coast of Peterhead in Aberdeenshire, Scotland. Statoil will install a 1MWh Lithium battery based storage pilot system in late 2018. Statoil has a strong position in offshore wind.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. thousand in 2017.

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