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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. 2 Total SA.

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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. The batteries will store energy for distribution during periods when there is insufficient solar power generation. Solar carport. Click to enlarge.

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KU Leuven team creates solar panel that produces hydrogen from moisture in air

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Bioscience engineers at KU Leuven have created a solar panel that produces hydrogen gas from moisture in the air. Twenty of these solar panels could provide electricity and heat for one family for an entire winter. A traditional solar panel converts between 18 to 20% of the solar energy into electricity.

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DOE awards more than $145M for advanced solar technologies under SunShot Initiative

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The US Department of Energy (DOE) is awarding more than $145 million to 69 projects in 24 states to help shape the next generation of solar energy technologies. The SunShot Initiative seeks to make solar energy systems more cost-competitive, without long-term subsidies, by reducing the cost of these systems about 75% by the end of the decade.

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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. Solid-electrode batteries maintain discharge at peak power for far too short a time to fully regulate wind or solar power output.

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ARPA-E to award up to $130M in fourth round of funding; focus on biofuels, thermal storage, rare earth alternatives, grid controls, and solar power electronics

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The US Department of Energy (DOE) Advanced Research Projects Agency-Energy (ARPA-E) will make up to $130 million available to develop five new program areas including biofuels, thermal storage, rare earth alternatives, grid controls, and solar power electronics. Related Funding Opportunity Announcements here.).

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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.