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18 ноября, 02:18

Musk’s “Hardcore Smack-Down” To Gasoline Vehicles

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Elon Musk unveiled Tesla’s new electric Semi truck, which he said “will blow your mind clear out of your skull and into an alternate dimension.” The electric semitrailer would have a 500-mile range and will roll out in 2019, if all goes according to plan. On top of that, Musk surprised the crowd gathered at the event with a new version of the Roadster, the high end sports car that originally got Tesla going about a decade ago. The new Roadster would have a range of 620 miles and is due out in 2020. Musk said the Roadster would…

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18 ноября, 02:12

The Wireless Power Grid: More Than A 100 Years In The Making

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If you can imagine a massive, horrifying beast with some 6 million miles of tentacles that costs up to $33 billion to feed and $5 trillion to replace, then you can imagine the U.S. electricity grid. But it’s a beast that can possibly be vanquished, finally. How? Magnetic induction and resonant coupling. Imagine a future where you can charge your electric vehicles while in motion using a charging mechanism built into the road on which it drives. Where the electrical grid is no longer reliant on power lines, utility poles, or expensive transformers…

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18 ноября, 02:12

Can Argentina Replicate The U.S. Shale Boom?

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Argentina has consistently been hyped as the location where the next shale revolution will unfold. The unfolding has taken some time, but progress in shale production is starting to take off in the South American nation. In October, state-owned YPF announced plans to spend $30 billion on shale investment over the next five years in an effort to scale up oil and gas production from the Vaca Muerta shale. The company hopes to boost shale output by 150 percent over that timeframe. Key to that push is lowering development costs. YPF says that it can…

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18 ноября, 02:12

Is This The New Sweet Spot For Shale?

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Over the last year, ‘permania’ has become so frenzied that the land rush drove exploration rights prices in West Texas sky high—and along with it, equipment and labor costs. So, what’s next? While most analysts and oil companies focus on the larger portion of the Permian in Texas, southeastern New Mexico—home to the smaller part of the shale play with part of the Delaware Basin—has seen increased deal and drilling activity in recent months.   Now, shale drillers and oil majors want access to the Permian…

18 ноября, 02:11

China Is The World’s Biggest Energy Market Mover

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China is the biggest importer of crude oil to date. It is also the biggest single investor in renewable energy. However you look at it, China has become the most dominant player on several markets, including coal, oil, and renewable energy, plus electric cars—it is already the biggest car market in the world. And this will continue to be so, it seems, for the foreseeable future and even beyond. In an overview of Chinese energy developments for Bloomberg Businessweek, analyst Liam Denning calls China an energy gorilla that will maintain its…

18 ноября, 02:11

Tesla Investors Are Losing Patience

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I have covered advanced biofuel companies for more than a decade, and just about all of them made implausible claims about their technologies. They consistently overpromised and underdelivered, until they finally ran out of money and declared bankruptcy. I am not sure that electric vehicle (EV) maker Tesla will share the same fate, but management is demonstrating the same pattern. Tesla CEO Elon Musk frequently says grandiose things to investors that ultimately fall far short of his projections. Thus far, this tactic has helped to prop up Tesla’s…

18 ноября, 02:11

The Hidden Cost Of Electric Cars

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EU electric car producers got a fresh lease on life last week as the European Commission proposed caps on vehicle emissions as a way to fight against global warming—and to help close a technological gap with China. The Asian nation is the world’s biggest supporter and producer of electric vehicles, and this year it overtook the U.S. in terms of the number of EVs on the road, with new registrations increasing 70 percent year-on-year to around 350,000 units, while Europe saw sales rise by only 7 percent. In an effort to catch up with…

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18 ноября, 02:11

When Will Oil Demand Begin To Taper Off?

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It’s possible that 2017 may go down as the year when the concept of peak oil demand went from speculation to potential reality, as companies and energy analysts began estimating when demand growth for oil would begin to taper off. The debate over whether peak demand is coming has been fierce, but it’s possible that the inordinate focus on the potential plateau in global oil demand ignores more important, immediate concerns that will have a much bigger impact on prices. While the predictions of when peak demand may come vary quite considerably,…

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18 ноября, 02:11

Can Oil Majors Continue To Beat Estimates?

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Over the last decade, driven by high growth and increasing demand, oil prices soared to $140 per barrel. Then came 2016, and per-barrel prices plummeted to $30. What happened? The European economy slowdown, emerging economies’ diminishing oil demand, OPEC maintaining pumping volumes, the return of Iran to regain their market share, and rising U.S. shale production all contributed to an enormous oil supply glut around the globe. This situation resulted in storing oil in floating vessels and dumping in landfills, thus leading to a contango…

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18 ноября, 02:11

Are Autonomous Cars Ready To Ditch The Backup Driver?

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Two years ago on my daily commute to work in Chandler, Arizona, I noticed something new sharing the roads with me: a fleet of white cars with a funny contraption on top of it, and prominent decals on the side labeled “Google” and “Self-Driving Car.” I snapped the photo below the first time I saw one up close. (Click to enlarge)Chandler had become one of the test sites for Google’s autonomous vehicle (AV) program. Today, the “Google” decal has been replaced with “Waymo,” the company…

18 ноября, 02:11

Can Australia Surpass Qatar As World’s Top LNG Supplier?

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An advantageous geographical location and liberalised trade in energy resources allow Australia to successfully compete for the most lucrative and promising liquefied natural gas (LNG) markets. Come 2020, Australia likely will be the world’s largest LNG supplier. However, its domestic LNG industry will have to face the challenge of securing enough natural gas for export. For LNG importers like Poland, the success of those efforts would ensure favourable market conditions. Australia is the second-largest exporter of LNG, with Qatar topping…

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18 ноября, 02:10

Fuel Crisis Hits Kazakhstan Hard

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Despite being the second-largest oil producer and exporter in the former Soviet Union, only behind Russia, Kazakhstan has been historically plagued by chronic deficits of fuel for domestic consumption. National energy security is at the top of the country’s priority list, yet little progress has been made since independence to address this concern. The seriousness of the situation again came to light in late September, when the national air carrier, AirAstana, warned about an impending shortage of aviation fuel. The company come forward with…