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January 20 Energy News

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geoharvey's avatargeoharvey

Opinion:

Why An Overflowing Oil Supply Won’t Drown Renewable Energy
Growth
• Conventional wisdom posits that continuously cheap oil also poses a threat to the development of renewable energy. But for the most part, oil doesn’t compete with renewables, which are still growing in the face of cheap oil. [Huffington Post]

 A barrel lies in a pool of oil at a damaged petroleum plant after an earthquake in Indonesia. Spencer Platt via Getty Images
A barrel lies in a pool of oil at a damaged petroleum plant after an earthquake in Indonesia. Spencer Platt via Getty Images

Science and Technology:

¶ The cost of storing energy in batteries could fall by as much as 70% over the next 15 years as new solar battery technology and other technical advances drive prices down, the World Energy Council said. Grid-scale electricity storage would make the variable supply of renewable sources more flexible. [Times of India]

¶ Carbon capture and sequestration is expensive because each step, capture, distribution, and sequestration, is…

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January 21, 2016 - Posted by | Uncategorized

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