Innovation

Lamborghini, MIT work on electric supercar using supercapacitors

Best batteries too bulky and heavy for electric supercar CNN reports that Lamborghini is working alongside engineers from the Massachusetts Institute of Technology on an electric supercar that won’t use batteries. The body of the Lamborghini Terzo Millennio concept car, will made from exotic carbon nanotubes, and will also be used as a supercapacitor. Supercapacitors

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Oil sands radio frequency tech gets $10 million funding boost from governments

New technology has potential to reduce GHG emissions 50-100%, replace SAGD Acceleware Ltd. announced it has received a $10 million non-repayable contribution to complete a commercial-scale field test of its ground-breaking clean energy technology – which uses radio frequency waves to generate heat – for bitumen and heavy oil extraction. The contribution is contingent on

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Digital technology set to transform global energy system – IEA

Digital technology raising new security and privacy risks, and disrupting markets, businesses and employment Digital technologies are set to transform the global energy system in coming decades, making it more connected, reliable and sustainable. This will have a profound and lasting impact on both energy demand and supply, according to a new report by the

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Aging US wind driving surge in operating and maintenance spending – IHS Markit

First 10 years of wind turbine’s operations, costs average between $42,000 and $48,000 per MW The North American wind energy market is aging—the majority of installed wind-turbine equipment averages more than five years in age, and operations and maintenance (O&M) expenses cost the industry $3 billion to $4 billion annually, according to a study by IHS

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Growth in plug-in electric vehicles depends on future market conditions

Different levels of projected plug-in electric vehicle penetration have noticeable effects on worldwide liquids fuel consumption Cumulative sales of plug-in electric vehicles, including battery electric vehicles and plug-in hybrid electric vehicles, reached 1.2 million worldwide in 2015, according to the U.S. Energy Information Administration. Still, plug-in electric vehicles account for less than 1 per cent

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Unique-in-the-world carbon capture and storage Field Research Station opens

Field station will measure carbon capture effectiveness at intermediate well depth A decade of planning, a significant investment in leading-edge research infrastructure, and a careful fostering of partnerships with government and industry culminated this week in the official opening of the Containment and Monitoring Institute’s carbon capture and storage Field Research Station located in Newell

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Chevron, Microsoft partner for digital transformation from reservoir to retail gas pump

Volumes, velocity of real time data from reservoir through refineries to retail pump grows at dramatic pace every year Chevron Corporation announced a seven-year partnership with Microsoft Corp. establishing the company as Chevron’s primary cloud provider, accelerating the application of advanced technologies including analytics and the Internet of Things (IoT) to drive performance and improve efficiencies, according to a

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Tiny chip-based methane spectrometer could help reduce natural gas leaks

Start field testing next year the spectrometers by placing them into a larger network The process of extracting natural gas from the earth or transporting it through pipelines can release methane into the atmosphere. Methane, the primary component of natural gas, is a greenhouse gas with a warming potential approximately 25 times larger than carbon dioxide,

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