November 29 2017

There’s Now a Vessel That Produces Zero Pollution

Cie. Maritime Belge SA has built the first commercial ship that runs on hydrogen and produces zero pollution, taking the world a step closer to cargo without emissions. The Hydroville passenger shuttle can operate on compressed hydrogen as well as regular fuel oil, according to the Belgian company. The ship was recently certified to operate […]

November 29 2017

Why Battery Cost Could Put the Brakes on Electric Car Sales

Battery prices need to drop by more than half before electric vehicles will be competitive with cars powered by internal-combustion engines, according to Bloomberg New Energy Finance, whose two-day Future of Energy summit in Shanghai concludes on Wednesday. That’s likely to happen by 2026, when the cost for lithium-ion battery packs is projected to fall […]

November 29 2017

Electric Vehicles Could Displace 8 Million Barrels of Oil Per Day by 2040

An energy transition is underway. Solar and wind are being added in ever-greater numbers. Electric vehicles are becoming more commonplace. Meanwhile, policy makers are grappling with the right mix of policies to pay for it all. Bloomberg New Energy Finance’s conference on the future of energy in Asia assembled industry executives, policy makers and bankers […]

November 29 2017

Solar’s Tumbling Costs Start Claiming Victims

Solar auctions are having their intended effect: Prices for developers are tumbling across Asia. While that’s good news for consumers, solar companies might have to reconsider the economics of projects already under way. That was the message from the world’s biggest solar panel maker, Trina Solar Ltd., during the second and final day of Bloomberg […]

November 28 2017

Toyota Clings to Hydrogen Bet While Electric Sales Soar

Toyota Motor Corp., which has made a big bet on hydrogen-powered cars, is looking more isolated as industry rivals double down on plug-in electric vehicles as the dominant technology in the emerging post-fossil fuel era. Three years ago, Toyota President Akio Toyoda, grandson of company founder Kiichiro Toyoda, unveiled the Mirai, a four-door family sedan […]

November 28 2017

The Way Asia Pays for Clean Energy Is Being Upended

China’s electricity price on a solar deal for Inner Mongolia plunged 44 percent last year. In India, prices to supply wind energy dropped to a record low in October. And Japan last week cut its solar-industry support by as much as 28 percent. In all three cases, the government had adopted an auction system to […]

November 27 2017

German’s Respite for Coal May End as Talks Resume With Merkel

The future of Germany’s coal industry is moving back into the spotlight as Chancellor Angela Merkel restarts talks on forming a new coalition government, with pressure building for stricter limits on the most polluting fuels. Two months after national elections, discussions aimed at forging a novel four-party government collapsed at the weekend in Berlin. While […]

November 27 2017

Plan Underway to Subdue Russian Gas With German LNG Terminal

The old trading city of Hamburg in northwest Germany will soon become the center for a drive in Europe’s biggest economy to diversify natural gas imports. Three partners are forging plans to build a terminal for liquefied natural gas on the shores of the River Elbe, not far from an old nuclear reactor that’s fallen […]

November 24 2017

Putin Crowns Himself OPEC King

For more than half a century, Saudi Arabia’s oil minister could move markets with a few choice words about what OPEC may decide at its next meeting, generating millions if not billions of dollars of profit for insiders. Not anymore. While OPEC’s gatherings still influence prices, it’s not Saudi Arabia’s voice that matters most, but […]

November 23 2017

Elon Musk’s Giant Battery Set for Testing in the Australian Outback

Billionaire Elon Musk’s giant battery being built in the Australian outback will be energized in coming days and begin testing, indicating Tesla Inc. is on track to meet a 100-day self-imposed deadline to install the system. Tesla power packs have now been fully installed on a site near a wind farm north of Adelaide and […]

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