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3 Oil Majors That Bet Big On Renewables

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Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com.

Oil 418
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UC Riverside opening Sustainable Integrated Grid Initiative; integration of solar energy, battery storage and electric and hybrid vehicles

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Schematic of the “New Grid Testbed” components, including renewable energy generation, energy storage, smart distribution and electric transportation Click to enlarge. It is the largest renewable energy project of its kind in California. Solar carport. Click to enlarge. Private partners include Bourns Inc.;

Grid 287
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DOE issues draft loan solicitation for up to $4B for renewable energy and energy efficiency projects; drop-in biofuels a key area

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The US Department of Energy (DOE) issued a draft loan guarantee solicitation for renewable energy and energy efficiency projects located in the US that avoid, reduce, or sequester greenhouse gases. Advanced Grid Integration and Storage. Drop-in Biofuels. DOE anticipates qualifying projects may include, but?are Waste-to-Energy.

Renewable 281
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Harvard team demonstrates new metal-free organic–inorganic aqueous flow battery; potential breakthrough for low-cost grid-scale storage

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The technology could fundamentally transform the way electricity is stored on the grid, making power from renewable energy sources such as wind and sun far more economical and reliable. Because some hydroxy-anthraquinones are natural products, there is also the possibility that the electrolyte material can be renewably sourced.

Low Cost 374
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CARB publishes 2020 CI values for electricity as transportation fuel: average 82.92 gCO2e/MJ, up from 2019

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The California Air Resources Board (CARB) Executive Officer has certified the 2020 annual update to the carbon intensities (CI) of the lookup table pathways for a) California Average Grid Electricity Used as a Transportation Fuel in California and b) Electricity Supplied under the Smart Charging or Smart Electrolysis Provision. gCO 2 e/MJ.

2020 383
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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. While diesel and oil-based power is still uneconomic at $60/barrel, the pressure to switch is reduced.

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Westinghouse unveils AP300 small modular reactor for mid-sized nuclear technology

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Flexible performance provides a proven capability to stabilize modern renewable heavy electric grids, including fast load change capabilities to support variations in demand. This brings licensing advantages and substantially reduces delivery risk for customers in the utility, oil & gas and industrial space.

Idaho 505