After reaching monthly peaks of $112 per barrel (bbl) and $105/bbl in June 2014, crude oil benchmarks Brent and West Texas Intermediate (WTI) fell to $62/bbl and $59/bbl in December 2014. Today, January 9, 2015 Brent crude is priced at $49/bbl and WTI at $47/bbl. There are two common reactions to this fall in oil

IHS has come out with a revised demand estimate for 2015, for the global solar demand to be between 53-57 GW… By SNEHA SHAH READ THE STORY NOW ASK FOR A FREE TRIAL WITH SMARTGRID-CI NOW

USA sanctions on Chinese solar modules lead to closure of giant Dow $1.2 billion factory in Clarksville… By SNEHA SHAH Trade wars are generally counterproductive, as they lead to more losses than gains in general. USA and China have been battling it out in the solar products for around 3 years now, with brutal losses

The total global solar demand is expected to come at 45 GW in 2014… READ THE WHOLE STORY NOW LOOK AT OUR DAILY NEWS SUMMARIES FOR FREE EVERYDAY SUBSCRIBE FOR A 100%  FREE TRIAL WITH SMARTGRID-CI NOW

Saudi Arabia has always provided the adult supervision among the 12 OPEC members. The November 27th meeting in Vienna was no different as OPEC refused to cut production targets from the present 30 million barrels a day. By GARY L. HUNT But the reality that global oil prices have fallen more than 30% is hitting

The prices of oil have plummeted. IT is now just $60/ barrel as compared to $100/ barrel in July in USA… By SNEHA SHAH Let’s see who all will be affected. Oil is a major driving force behind our lives. The whole transportation and manufacturing industry will surely be affected. People are expecting the cost

Power to the People!

Sunday, 30 November 2014 by

When the short history of smart grid is written someday, I predict it will include four chapters… By GARY L. HUNT READ THE WHOLE STORY NOW READ OUR DAILY NEWS SUMMARY EVERY DAY FOR FREE

Hailed a “breakthrough” or a “historic event” the agreement on CO2 emission signed between the U.S.A and China is too little and maybe too late from the start. On November 12, President Obama and Chinese President Xi Jinping announced an agreement on reducing their CO2 emission. According to the agreement, the United States will cut

What is 5G? And do we need it?

Wednesday, 12 November 2014 by

The mobile industry loves hype. Now that 4G phones have reached the market, suppliers are keen to promote the next dollop of “jam tomorrow” by offering the world 5G. By NICK HUNN ASK FOR A FREE TRIAL WITH SMARTGRID-CI, THE BEST INFORMATION SOURCE ON THE SMART GRID 5G is rather nebulous, but as always in

“In the midst of a major, global transformation” utilities have to deal with well-known challenges as well as with new ones. 2014 is coming to an end and predictions for next are starting to flourish. Booz Allen’s just published its Annual Energy Sector Trends for 2015 under one theme; “Business Resiliency Depends on an Integrated,

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