“This material – just a single layer of atoms – could be made as a wearable device, perhaps integrated into clothing, to convert energy from your body movement to electricity and power wearable sensors or medical devices, or perhaps supply enough energy to charge your cell phone in your pocket,” said James Hone, professor of mechanical engineering at Columbia engineering and co-leader of the research
Initial work demonstrated the feasibility of building a 100-megawatt reactor measuring seven feet by 10 feet, which could fit on the back of a large truck, and is about 10 times smaller than current reactors, McGuire told reporters.
Check out some work in progress on the following link :
This page scrapes usage profiles from the Dutch TSO (Tennet) and uses Google Charts to make all the XML a bit more readable.
Forbes published an article about how a Sterling engine generator, created by the Segway inventor Dean Kamen, could be filling the gaps that solar leaves when you power your house with solar panels.
In the basement of the Princeton, N.J. home of David Crane, CEO of electricity giant NRG Energy, sits a backup generator. Called the Beacon 10, it was designed by Dean Kamen, inventor of the Segway scooter. The device runs on natural gas fed by Crane’s residential gas line.
The plan, says Crane, is for Kamen to work out the kinks (Crane’s setup is just the second one out of the lab) over the next 18 months and get the costs down to about $10,000 per machine–the point at which homeowners who suffered a weeks-long blackout from Hurricane Sandy or Katrina or Ike might be interested. “In two years I would expect high-end home builders to be installing them,” says Kamen.
London, 18 November 2013 – Trayport, a leading provider of energy trading solutions to traders, brokers and exchanges worldwide, announced today that it had acquired Contigo Ltd, a provider of energy trading risk management ETRM services. The transaction closed on 14 November, 2013.
Griffin has gone live on the ICE platform with the European power products. The website of Griffin does not mention anything about it yet, but all products & secuences are live on the screen.
As of today, it is possible to trade physical power for the Dutch, German, French and Belgian market. The FRench and German market also offer financial products.
There has been a bit of discussion whether or not the German electicity market should be made into a capacity market.
EEX is bringing out a stement today:
In its position paper, EEX concludes that, in a European single market, capacity markets intended to ensure the security of supply in Germany are not needed. However, better use should be made of the existing potential in order to strengthen the market. Peter Reitz, Chief Executive Officer of EEX, commented: “First, it is necessary to further develop the European single market, to implement energy efficiency measures, develop demand flexibility and, in particular, to improve the integration of renewable energies into the energy market. The introduction of a capacity mechanism should only be considered after that – provided there is both a demand for new conventional power plants and a lack of willingness to invest.“
Full EEX statement here.
FRANKFURT/DUESSELDORF, July 22 (Reuters) – German utility RWE has launched a new savings programme to cope with loss-making power plants and low wholesale power prices, according to an internal document obtained by Reuters.
The document said Germany’s No. 2 utility did not rule out job cuts at its power plant division as part of the programme, dubbed “Neo”.
Neo has been launched on top of the group’s ongoing cost savings programme “RWE 2015″, aiming for additional cost cuts of about 1 billion euros by the end of 2014.
Federal Reserve reconsiders letting banks ship oil and store metal.
The 10 largest Wall Street banks generated about $6 billion in revenue from commodities in 2012, including dealings in physical materials as well as related financial products, according to a Feb. 15 report from analytics company Coalition. Goldman Sachs ranked No. 1, followed by New York-based JPMorgan.
For more than 50 years, the Bank Holding Company Act prevented federally guaranteed lenders, such as JPMorgan, from direct participation in commodity markets. The prohibition didn’t pertain to Goldman Sachs and Morgan Stanley, which were investment banks, until they became bank holding companies in 2008. After that, the Fed gave both firms a five-year grace period, which expires in September, while regulators decided whether to curtail their activities related to metals, fuels and other goods.