The Energy Information Administration (EIA), part of the US Department of Energy, predicts that natural gas production in the US will continue to grow at an impressive pace – regardless of what shale gas and environmental critics believe. Right now output is close to 70 billion cubic feet a day and it is expected to reach over 100 billion cubic feet per day by 2040. “In our view, those production trends are going to continue without the … [Read more...]
Is the door to CCS closing in the UK?
Slow progress threatens the future of CCS in the UK, write Sam Gomersall and Alan James, Directors of Pale Blue Dot Energy, a management consultancy focused on the low carbon transition based in Aberdeen. According to the authors, the earliest CCS projects are unlikely to come onstream before the early 2020s – if they get off the ground at all. “The future of CCS in the UK hangs in the balance.” … [Read more...]
US Shale Gas (II): Get ready for the Great Natural Gas Switch
Cheap natural gas means Americans can buy the equivalent of a barrel of crude for $35. That's the exciting reality that has Ron Muhlenkamp, founder and portfolio manager of Muhlenkamp & Co. Inc., putting his investment dollars behind the next great fuel switch, this time in the transportation sector. As Muhlenkamp tells Tom Armistead of The Energy Report, the Great Natural Gas Switch in the US has only just begun. This is part Two of a … [Read more...]
US Shale Gas (I): It’s not what it’s cracked up to be
Shale gas is not the foundation of U.S. energy security that conventional wisdom claims it is, says Bill Powers in this interview with Tom Amistead of The Energy Report. As shale gas peters out, the law of supply and demand will drive gas prices up, says Powers,an independent analyst and author of "Cold, Hungry and in the Dark: Exploding the Natural Gas Supply Myth." This interview is part One of a two-part series. In part Two investment analyst … [Read more...]
Interview IEA Director Maria van der Hoeven: “Expansion of gas use no panacea for climate change”
Maria van der Hoeven, Executive Director of the International Energy Agency (IEA) believes that unconventional gas can be produced in an environmentally acceptable way, but warns that an expansion of gas alone “is no panacea for climate change”. In an interview with James Stafford, editor of Oilprice.com, Van der Hoeven discusses a wide range of important energy issues, ranging from the role of gas, renewables and nuclear power to the necessity … [Read more...]
The four “gamechangers” of the energy sector
Are we headed for a Solar Power Revolution, as many investment analysts are claiming? According to Energy Post editor Karel Beckman, we undoubtedly are. Just as we are headed for a Coal Revolution. And a Nuclear Revolution. And a Shale Revolution. Welcome to the world of energy “gamechangers”. … [Read more...]
How the Iraqi oil surge will change the global energy landscape
Iraq is returning to an energy market which is radically different than the one it was forced to leave years ago, and its OPEC partners now also have a different view on Iraq’s participation. A new paper by Sammy Six and Lucia van Geuns of the Clingendael International Energy Programme (CIEP) assesses how current market developments impact the strategic position of Iraq - and vice versa: how Iraq is likely to impact the global oil market. The … [Read more...]
Exclusive report – Boeing reveals “the biggest breakthrough in biofuels ever”
Oil companies watch out. Biofuels are on the verge of a breakthrough that will transform the oil market. Not only that: it will also green the planet. In an exclusive interview with CleanTechnica.com and Energy Post, Darrin L. Morgan, Director Sustainable Aviation Fuels and Environmental Strategy at Boeing, reveals that researchers at the Masdar Institute in Abu Dhabi, funded by Boeing, Honeywell and Etihad Airways, may have achieved "the biggest … [Read more...]
Worldwatch Institute report reveals extent of global energy subsidies
Efforts by a variety of organizations to quantify global support for fossil fuels have generated estimates that range from $523 billion to over $1.9 trillion, depending on the calculation and what measures are included. What is clear is that the level of support has rebounded to 2008 levels following a dip in 2009-10 during the global financial crisis, writes Worldwatch Research Fellow Philipp Tagwerker in the Institute's latest Vital Signs … [Read more...]
VIDEO: “If Europe had one voice, energy prices could be reduced”, claims IEA’s Fatih Birol
Hughes Belin, leading energy journalist at viEUws.eu, is joined by Fatih Birol, chief economist at the International Energy Agency, to discuss the World Energy Outlook 2013. In this interview, Birol looks at global energy prices and analyses the big price difference between the US and Europe. “Energy markets are going through very dynamic times. Today gas prices in Europe are 3 times higher than those in the US and electricity in Europe istwice … [Read more...]
BP: “Optimistic for the world’s energy future”
The good news from the BP Energy Outlook 2035, presented on 15 January, is that there will be no problem meeting the world’s energy demand over the next two decades. When it comes to availability of energy, “there is no problem”, said BP’s Group Chief Economist Christof RĂĽhl at the presentation of the report in London. BP’s CEO Bob Dudley said BP is “optimistic for the world’s energy future”. The fourth edition of BP’s annual  Energy Outlook … [Read more...]
Dutch green gas initiatives launched
The Groningen based gas trading company GasTerra closed the largest Green Gas deal of the Netherlands. GasTerra will buy 23 million m3 renewable gas annually , sufficient for 15,000 households. The gas comes from a company called BioRights that develops a production location in Hardenberg to convert biomass into second generation biofuels. The biogas produced is upgraded to natural gas quality and fed into the gas grid of Gasunie. Also bioethanol … [Read more...]
Peak oil is dead. Long live peak oil!
Peak oil theory has been replaced with a new theory that might be called “techno-dynamism”. It holds that there is no limit to the amount of oil as long as the industry can apply its technological wizardry to oil production. However, there are three problems with this theory: technology costs keep going up, political and environmental risk keeps mounting, and climate policies will suppress demand which will in turn discourage invesment. The … [Read more...]
The five global implications of shale oil and gas
Much has been said about the shale (oil and gas) revolution, but according to Christof RĂĽhl, Group Chief Economist and Vice-President of BP, its real implications have yet to sink in. He points out, for example, that no detailed assessment has been made yet of its macro-economic impacts. In this wide-ranging analysis, RĂĽhl – one of the world’s most influential energy economists – discusses some of the major implications of shale. He notes that as … [Read more...]
The greatest business opportunity of our time
Amory Lovins, the founder of the famous Rocky Mountain Institute in Colorado, has written a book in which he presents an energy future without coal, oil or nuclear power. Yet he insists his is not a green or left-wing vision. On the contrary, it will save money and create wealth. “The energy transformation is the greatest business opportunity of our time.” … [Read more...]
- « Previous Page
- 1
- …
- 48
- 49
- 50
- 51
- 52
- 53
- Next Page »