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HomeStorage

Storage

Tight Crude Inventories Push Oil Prices Back To Mid-$70s
Commodities

Tight Crude Inventories Push Oil Prices Back To Mid-$70s – Oilprice.com

December 25, 2021 Mariel Alumit

Oil prices have risen back to the mid-$70s this week as a result of tighter U.S. crude inventories and a force majeure on Libyan crude oil exports. Friday, December 23rd, 2021  The interdependence of oil […]

Commodities

Oil set for second weekly gain as stockpiles drop, dollar eases

September 3, 2021 Stu Turley

Oil in New York posted its second weekly gain as the impact of Hurricane Ida continues to snarl U.S. oil production, though prices edged lower Friday following a weak U.S. jobs report. West Texas Intermediate […]

U.S. coal exports
EIA News

California’s curtailments of solar electricity generation continue to increase

August 24, 2021 Andy Del Prado

Source: Graph by the U.S. Energy Information Administration, based on data from the California Independent System Operator (CAISO) Curtailments of solar-powered electricity generation have increased in the California Independent System Operator (CAISO) region, the part of the electric […]

U.S. coal exports
EIA News

U.S. large-scale battery storage capacity up 35% in 2020, rapid growth set to continue

August 20, 2021 Andy Del Prado

Source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory, December 2020 The United States continued a trend of significant growth in large-scale battery storage capacity in 2020, when year-end U.S. battery power capacity reached 1,650 megawatts […]

Commodities

U.S. Jet Fuel Glut Is Too Big for Surging Air Travel to Drain

July 24, 2021 Stu Turley

The U.S. is swimming in so much jet fuel that even this summer’s surge in air travel can’t save the market. Air traffic in the U.S. has jumped to more than 2 million passengers a […]

Envision - EnergyNewsBeat
Electric Vehicles

Envision: China’s renewable energy giant

July 4, 2021 Stu Turley

Beijing: Plans were announced this week for two new electric car battery plants in France and Britain involving Envision, the Shanghai-based company that has quietly built a global renewable energy empire. Envision’s two billion euro ($2.4 billion) electric […]

Electrical Generation / Utilities

Sparton Resources Inc. Announces Possible China Ban on Lithium Based Large Scale Energy Storage Systems

July 4, 2021 Stu Turley

– Sparton Resources Inc. (TSXV: SRI) (“Sparton” or the “Company“) reported today on recent media articles related to large scale energy storage systems (“ESS”) and energy storage technology. The Company currently owns, through its subsidiary VanSpar Mining […]

oil storage - energynewsbeat.com
Commodities

U.S. Oil Prices Close Gap With Brent as Demand Keeps Climbing

June 18, 2021 Stu Turley

The U.S. oil market is reaching a crunch point. Each week drivers are traveling billions of miles on interstates, just as they did in 2019, before the pandemic ravaged global oil consumption. But despite a […]

Shell -Shell -Energy News Beat
Energy Storage

Shell wins $2.5 bln Australian power contract with battery storage

May 25, 2021 Stu Turley

SYDNEY: Australia’s New South Wales (NSW) state said on Tuesday it has awarded a A$3.2 billion ($2.5 billion) 10-year power supply contract to Royal Dutch Shell PLC , which includes supplying battery back-up power for wind and solar energy. A 100 […]

Earnings

Bloom Energy Announces First Quarter 2021 Financial Results

May 6, 2021 Andy Del Prado

SAN JOSE, Calif.–(BUSINESS WIRE)–Bloom Energy Corporation (NYSE: BE) today announced financial results for its first quarter ended March 31, 2021. First Quarter Financial Highlights Revenue of $194.0 million in the first quarter of 2021, an […]

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