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Month: November 2016

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Saudi raises the white flag in its attempt to regain control of the global oil market

With the OPEC decision to cut oil production, for the first time in 8 years, by 1.2m barrels a day to 32.5m barrels per day, Saudi Arabia has raised the white flag and admitted defeat in its attempt to regain control of the global oil market. If the cut in production holds, it should bring … Continued

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Why energy investors need to rethink how they look at energy

Since the financial crisis in 2008, we have seen massive growth in global energy supply, not to mention falling demand across the OECD and weaker than expected demand for energy from countries like China and India, the combined result of which is that we have seen falling oil, gas, coal and power prices. The big … Continued

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Leclanché and Narada Power sign strategic global alliance

November 21, 2016: Leclanché SA (www.leclanche.com), the leading vertically integrated energy storage solution company, and Zhejiang Narada Power Source Co Ltd, the leading global battery manufacturer, announced today a strategic partnership for the manufacturing and development of lithium-ion battery technology for the Chinese and global markets. Leclanché will support Narada with technology transfer to achieve … Continued

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Why hybridisation is only a bridge to the full electrification of automobiles

An automobile engineer recently described the new BMW 225xe Plug in Hybrid as the most complex automobile BMW has ever built. And if you look at it (take a look at the picture) you can understand why. It has an internal combustion engine (ICE) above the front axis of the car and a battery and … Continued

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French nuclear shutdowns raising power price across Europe

Over the last six months’ wholesale power prices across Europe have exploded. German one-month forward power prices are up 60% since the start of January, while UK prices have doubled. That said wholesale power prices have fallen steadily since 2008 which still means today that prices are still lower than where they were back then. … Continued

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