Power
Oil giant Shell buys electric car charging company
An few months old but with the recent Tesla Semi and all of the talks of electric vehicles, makes a ton of sense for Shell to be an energy company, not just “oil”.– Royal Dutch Shell (RDSA) revealed a deal on Thursday to acquire NewMotion, one of Europe’s largest electric vehicle charging providers. NewMotion specializes in converting parking spots into electric charging stations. The Dutch firm has more than 30,000 electric charge points in Europe. The acquisition, Shell’s first in this space, shows how Big Oil is being forced to confront the long-term threat posed by electric cars and efforts to phase out gasoline and diesel vehicles. Read Full Article Here: http://money.cnn.com/2017/10/12/investing/shell-oil-buys-electric-car-charging/index.html
America’s Wind Energy Future Looks Seaward
Rough ocean waters surround the Block Island Wind Farm, the United States’ first offshore wind farm. Its five Halide 6-MW turbines installed by Deepwater Wind are supplying the majority of the island’s electricity. Bringing a $300-million offshore wind farm to life means navigating a web of regulatory and policy hurdles. But for Block Island, which burned through about one million gallons of diesel fuel last year, the change will allow island residents to avoid significant energy costs in the long term—more than $25 per month per capita. Read Full Article Here: https://www.nrel.gov/news/features/2017/americas-wind-energy-future-looks-seaward.html