MarketWatchGunvor: no rebound to $100 oil, contango to deepenReutersAMSTERDAM Jan 22 (Reuters) - Oil trader Gunvor's head of analysis said on Thursday crude was unlikely to return to $100 a barrel in the foreseeable future, but prices were expected to be volatile as traders sought to move oil into storage during the ...Opinion: You can still cash in on the collapse in crude oilMiddle East Oil Producers Could See $300 Billion Export LossIs it time to get back into oil? ...

Originally published on ABB. By Alfredo Parres Supporting electricity grids as wind power reaches new highs As winter storms lash northern Europe, Denmark has announced record highs for wind’s contribution to its national electricity production. Global wind power capacity is set to grow by a further 50 to 100 percent by 2020, so it’s well The Key To Making The Most Of Rising Wind Energy Production Is… was originally published on CleanTechnica. To read more from CleanTechnica, join over 50,000...

Uncertainty about the immediate future seems to permeate most societies around the world. Few look far beyond the immediate. But what is now being put in place with the current global upheaval will form the basis of the strategic framework for the coming decades. Former US Secretary of State Henry Kissinger was quoted as saying that “if you don’t know where you are going, any road will get you there”. Updating this in The Art of Victory, I noted: “If...

Japanese novelist Haruki Murakami was so consumed by running he combined two of his loves to write a book called ‘What I Talk About When I Talk About Running‘. Although an odd concept, it’s actually quite a compelling read. Not only did I think this title was really great (although paraphrased from Raymond Carver), but it also reminded me of my own rather obsessive compulsions. So here are some of the things that I currently think about when I think...

In his penultimate State of the Union address – and first before a Republican-dominated Congress – President Barack Obama declared that the US is ready to “turn the page.” The economic and jobs’ data is promising and America is “ as free from the grip of foreign oil as we’ve been in almost 30 years,” he stated. Unfortunately, just what that next page holds – especially for the energy industry – was left, more or less, to the imagination. Still,...

King of Saudi Arabia dead at 90

Published - Jan 23, 2015

A Saudi state TV reporter confirmed the news.

General Electric is significantly scaling back production of its sodium-ion Durathon batteries, a move that comes amid what the company says is a slow-to-develop market for grid-scale energy storage -- or, at least, not as fast-growing as it hoped it would be by now. GE announced that it’s reassigning about 400 workers at the Schenectady, New York plant to other operations, leaving only about 50 to staff the facility, according to local newspaper reports. The plant, built at a cost...

Texas wind cracks 10 percent threshold

Published - Jan 22, 2015

The amount of wind power generated in the state cracked the 10 percent threshold last year for the first time as the industry continues to make strides in the western and Panhandle regions of Texas.

The number of onshore oil and gas wells in the U.S. will fall 26 percent this year to 27,000, research firm Wood Mackenzie said in a new report published Thursday.

Robotics hardware startups have already raised more than $51.9 million in 2015 thus far, bolstered by home robotics startup Jibo's $25.3 million Series A round Tuesday. That's chump change for a lot of…

Two issues that greatly concern the US power sector—grid capability and carbon reduction needs—have just gained attention with a $48 million Clean Energy Initiative from Bloomberg Philanthropies and the Heising-Simons family. The organizations announced the initiative on Wednesday. It will advance state-created clean energy solutions by funding a broad range of local, state, and national energy stakeholders. New $48M Clean Energy Initiative To Advance State-Based Solutions was originally published on CleanTechnica. To read more from CleanTechnica, join over 50,000 other...

Last year, 200,000 residential solar systems were installed in the U.S. More than two-thirds of those systems were third-party financed through leases or power purchase agreements. But third-party financing is peaking. As solar costs come down, more consumers want to own their own systems and installers look for simpler options, a growing number of lenders are coming into the U.S. market with loan products. Will they rival leases and power purchase agreements? Not in the short term. But they are...