QUICK NEWS, 6-24: YET MORE NEW ENERGY IN 2013; WHERE TO FIND NEW ENERGY; NEXT-GEN BATTERY BIZ TO QUINTUPLE
YET MORE NEW ENERGY IN 2013 Renewable energy demand rises to record 2.7% of global consumption
Claudia Assis, June 16, 2014 (MarketWatch)
“Renewable power has cut for itself a bigger share of the world’s energy demand pie, but coal, which remained the fastest growing fossil fuel, and oil, also saw demand grow in 2013, [according to the BP Statistical Review of World Energy 2014]…Coal consumption increased by 3% in 2013, below its yearly average of 3.9% but enough to put coal’s share of world energy consumption at 30%, its highest since 1970…Demand from renewable energy sources, including wind and solar, rose to a record 2.7% of global energy consumption, up from 0.8% a decade ago…Solar power generation rose 33%...[to] 0.5%...Wind power generation grew more slowly, or 18.5%...The U.S. oil boom continued — last year, the U.S. had the world’s largest increase in oil production for the second straight year, up by 1.1 million barrels a day…Global oil consumption rose 1.4% in 2013, just above its historical average…” click here for more
WHERE TO FIND NEW ENERGY New Energy Maps Show 4 Cool Things About Renewables
Bobby Magill, June 18, 2014 (Climate Central)
“When the U.S. Energy Information Administration launched its new U.S. Energy Mapping System last fall and upgraded it for use on mobile devices in early June, it powered a system allowing anyone to visualize some of the reams of data the EIA compiles on all things energy-related in the country…[F]our cool things the new Energy Mapping System can show you about where renewable energy is being produced and where it has the potential to be generated in the future…[are] 1. Wind Turbines Are Being Built In Places You May Not Expect…2. The Cloudier Northeast Has Its Share Of Solar Power…3. Biomass Power Production Is All Over, But Mainly In The East And Midwest…4. The U.S. Has Great Geothermal Potential; Most Of It Is Untapped…” click here for more
NEXT-GEN BATTERY BIZ TO QUINTUPLE Next-Generation Advanced Batteries; Ultracapacitors and Lithium Sulfur, Solid Electrolyte, Magnesium Ion, Next-Generation Flow, and Metal-Air Batteries: Global Market Analysis and Forecasts
2Q 2014 (Navigant Research)
"The advanced battery industry is growing at an extremely aggressive pace, with lithium ion (Li-ion) leading the charge. However, Li-ion is not the perfect battery; it has supply constraints, manufacturing cost reduction obstacles, and safety issues...Although energy density has been the most sought-after goal for new chemistries – and most show improvements in energy density – it is not the only favorable quality for a next-generation battery. Cost and safety have become important concerns for most battery buyers. By offering cheaper price points, next-generation batteries can enable even more applications for batteries. In addition, some applications (e.g., electric vehicle and grid storage batteries) require higher safety standards and value inherently safe chemistries. Navigant Research forecasts that global next-generation advanced battery revenue will grow from $182.3 million in 2014 to $9.4 billion in 2023…” click here for more
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