Innovation

Atacama Desert wind power plant fills Chile’s clean-energy sails

Atacama Desert power plant raises expectations for locals By Fabiola Ortiz, Thomson Reuters Foundation SAO PAULO, July 5 (Thomson Reuters Foundation) – Deep in northern Chile’s Atacama Desert, a remote community of 6,000 people is preparing to host the country’s largest wind power plant. The residents of Freirina commune, on the coast of Huasco province, 700 km

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ExxonMobil launches ‘synergy gasoline’ in US

Synergy gasoline developed at same research and engineering labs as ExxonMobil Formula 1 racing fuels SPRING, Texas- Exxon and Mobil stations in the US have launched a new synergy gasoline the company claims enhances vehicle performance with an enhanced “seven ingredient proprietary formula.” Exxon says that the new gasoline helps remove intake valve deposits, which can lead

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Mexico electricity market reforms try to reduce costs, develop new capacity

Mexico heavily subsidizes retail electricity rates, customers pay half of actual cost of producing power Mexico is in the process of reforming much of its electricity industry and earlier this opened up day-ahead and real-time trading in a new wholesale power market, according to the US Energy Information Administration. Although wholesale prices briefly spiked for

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Plug-in electric vehicle market to grow 62% year over year – Navigant

While plug-in electric vehicle sales have been concentrated on the US West Coast, adoption in Northeastern states expected to grow BOULDER, Colo.- A new report from Navigant Research forecasts significant growth in 2016 American plug-in electric vehicle sales, driven primarily by sub-$40,000 PEVs. The study assesses plug-in electric vehicle sales and populations in the US and Canada,

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Electric vehicles could be significant disruptive force for commodities markets – study

In a post-COP21 world, carbon policy will gain more influence over electrification of transportation – Wood Mackenzie HOUSTON– If the Tesla Model 3 and new electric vehicles (EVs) from other manufacturers can deliver on the recent pronouncements made, then a wider electric car adoption can be expected  than previously thought, according to Wood Mackenzie’s latest research.

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