U.S. To Become Top Oil Producer by 2015 on Shale Boom

Posted on November 13th, 2013 by
   

U.S. To Become Top Oil Producer by 2015 on Shale Boom

The US will overtake Saudi Arabia and Russia as the world’s top oil producer by 2015 amid soaring output from shale formations, says the International Energy Agency. Thriving shale output is also helping the world’s largest oil consumer achieve its highest level of energy independence in 20 years. US oil production will climb to 11.6 million barrels in 2020 from 9.2 million in 2012, says the IEA, but did not specify an output level for 2015.

Stanton Solar Array Exceeding Expectations

In its two short years of operation, the 5.9 Stanton Solar Array is performing at 105 percent of expectations. Jennifer Szaro, Renewables Manager with the Orlando Utilities Commission, says that the stellar performance could be due to a number of factors that include project design, excellent monitoring and better than average weather for solar. The solar farm, located in Florida’s east Orange County, has already survived two 70 mph wind hurricanes.  To avoid panels from being blown away, the farm employs a feature that moves the panels into a flat lying position if winds move more than 40 mph for more than 10 seconds.

Godawari Solar Thermal Plant Abate Critics; Generates More Than Expected

Godawari Power & Ispat Ltd.’s solar-thermal plant is generating more power than expected, abating criticism that the technology was fruitless in India. Solar-thermal technology focuses sunlight on liquids to produce steam to run conventional turbine and Godawari , at times, generate 10 MW more than its 50 MW stated capacity. Godawari’s plant is the first of seven solar-thermal generators planned in India. The remaining six has their deadlines extended to February from May, says Tarun Kapoor, head of solar policy at the Ministry of New and Renewable Energy.

500 MW Solar Project Being Developed in Pakistan

Muhammad Shabaz Sharif, chief minister of the Punjab government in Pakistan has announced plans for a 1 GW electricity generation scheme and revealed that the governments of Canada and Pakistan had come to an agreement in developing a 500 MW solar project in the country. The two-phase solar energy project will be constructed in the Cholistan region. The first phase will see 200 MW of capacity be connected to the grid before the second phase goes online.

 

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