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IIASA-led study proposes Underground Gravity Energy Storage as long-term energy storage solution for renewables

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In a new study led by the International Institute for Applied Systems Analysis (IIASA), an international team of researchers developed a novel way to store energy by transporting sand into abandoned underground mines. An open-access paper on the work is published in the journal Energies. Dabek, P.B., Brandão, R., Patro, E.R.,

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Nissan to begin production of Pathfinder hybrid in Russia; importance of Russian market

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Nissan launched its Pathfinder range in the Russian market at the Moscow Motor Show. Nissan’s all-new fourth-generation Pathfinder—which will be built in Russia—will be available with a standard 3.5L Nissan now offers a full range of new products across every market segment. Hybrids Russia' Earlier post.)

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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. —Jon Moore, CEO of BNEF.

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Rusnano and I2BF invest $20M in Nesscap; production and research in Russia

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Products from the new plant in Russia will be supplied to the growing European and Asian markets for use within the automotive sector and renewable energy markets, said Georgy Kolpachev, Managing Director of Rusnano. Under the terms of the investment agreement, Kolpachev will join Nesscap’s board of directors.

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Ener1 Partners With Russias Federal Grid Company to Develop Grid Energy Storage Opportunities

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signed a memorandum of understanding (MOU) with Russia’s Federal Grid Company (FGC) to help develop new opportunities to use high-performance battery systems to improve the reliability and performance of the Russian electricity system, which is facing record setting demand on an aging grid. Tags: Batteries Russia Smart Grid.

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Rosneft and ExxonMobil enter strategic partnership for development of Arctic and Black Sea resources, expand technology sharing and implement joint international projects; $3.2B exploration program planned

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Rosneft and ExxonMobil have executed a Strategic Cooperation Agreement under which the companies plan to undertake joint exploration and development of hydrocarbon resources in Russia, the United States and other countries throughout the world, and commence technology and expertise sharing activities. Rosneft and BP. tcm of gas.

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Global aerospace study finds fuel costs continue as major airline concern

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Airline executives continue to express concern about rising fuel costs, according to a new global aerospace study released today by CIT Group Inc., Regional consolidation is expected to be most prevalent (30%), followed by alliance (25%), global (24%) and emerging markets (21%). 2011 Global Aerospace Outlook Challenges of an.

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