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LFP Battery Technology Chosen for Australia Project. Maoneng, an Australian renewable energy company, in August said its proposed battery energy storage system (BESS) in Victoria state’s Mornington Peninsula

Researchers who study the U.S. offshore wind industry have issued a new report that says the sector could potentially meet 90% of the nation’s electricity demand by 2050. The key is for offshore wind to be fully developed along the Atlantic, Pacific, and Gulf coasts, as well as in the Great Lakes, all areas the […]

Despite the U.S. and Europe shuttering coal-fired power plants, coal remains a major fuel in global energy systems. In 2018, global coal demand rebounded and grew by 1.4% due to increased consumption in Asia, where coal consumption increased by 2.5%. This increased consumption was mainly from power generation, which reached an all-time high, increasing 3% […]

A new report from BloombergNEF (BNEF) predicts about half of the world’s power will come from renewable resources, including solar and wind, by 2050. The group’s New Energy Outlook 2019, released June 18, noted the trend will be driven by falling prices for solar, wind, and battery storage, along with trillions of dollars of investments […]

Exports of liquefied natural gas (LNG) from the U.S. continue to rise, as the use of natural gas for power generation increases in countries such as China, South Korea, Japan, and Mexico. Data from the U.S. Department of Energy (DOE) shows that four U.S. LNG export facilities combined to ship 483 LNG cargoes in 2018, a […]

Despite frail demand for natural gas in Europe and difficulties in upstream production growth in the Middle East and Africa, the “Golden Age” of natural gas will remain in full swing until at least 2018, recent projections from the International Energy Agency (IEA) show. A medium-term outlook released by the Paris-based autonomous intergovernmental organization in […]