Three revelations from the World Energy Congress in Istanbul
Now that the triennial World Energy Congress, hosted by the World Energy Council, has come to a close, we take a look at three developments that emerged over the course of the five-day meeting in Istanbul.
1. The ‘Turkish Stream’ project is going to go ahead
For a while, tensions between Turkey and Russia seemed to have halted plans to build a gas pipeline connecting the two countries. However, both Vladimir Putin and Turkish President Recep Tayyip Erdoğan have voiced support for the project at the World Energy Congress.
"We have been providing energy for the EU for the past 50 years," Putin said in a speech. "We are now working on a second project. We are discussing the Turkish Stream with Erdogan and our other partners and we want to bring this about."
Erdogan also weighed in, saying: "We look positively at the Turkish Stream project. Our efforts are continuing."
2. There might be intra-Russian tensions brewing
Vladimir Putin told the energy congress on Monday that Russia would be open to the idea of joining an oil production freeze in line with OPEC — but this was quickly refuted by Rosneft head Igor Sechin. The leader of the Russian state-owned oil major responded “why should we do it?” when asked if the country would be aligning with OPEC’s production cap.
3. The price of oil won’t hinder the transition to renewables
Tom Delay, CEO of the Carbon Trust, told CNBC that the price of oil is not going to make a difference to the uptake of renewable technologies.
"Oil price is one thing: it's not going to make any difference to the transition to a new world order in terms of… more energy efficiency, more renewables, solar coming down in cost, wind coming down in cost, that's a progressive that's happening at the moment," he said.
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UK Nissan fleet owners receive commercial charging service
UK fleet owners of Nissan Leaf and e-NV200 models can avail of a new commercial charging service using vehicle-to-grid (V2G) technology.
The V2G technology developed by DREEV, which is a joint venture between EDF and Nuvve, which specialises in V2G technology, allows for two-way energy flow; both recharging an EV’s battery when electricity is at its cheapest, and discharging excess energy to sell back into the grid.
Fleet customers will save around £350 savings per charger each year, which equates to approximately 9,000 miles of driving charge per year.
EDF’s V2G business solution includes:
The supply and installation of a two-way connected compact 11kW charger capable of fully charging a Nissan LEAF, depending on the battery model, in 3 hours and 30 minutes - 50 per cent faster than a standard charger - with integrated DREEV technology.
A dedicated DREEV smart phone app, to define the vehicles’ driving energy requirements, track their state of charge in real time, and control charging at any time
Philip Valarino, Interim Head of EV Projects at EDF, said today’s announcement marks an important step on the UK’s journey towards electric mobility. "By combining the expertise and capabilities of EDF, Nissan and Dreev we have produced a solution that could transform the EV market as we look to help the UK in its journey to achieve Net Zero," he said. “Our hope is that forward-thinking businesses across the country will be persuaded to convert their traditional fleets to electric, providing them with both an environmental and economic advantage in an increasingly crowded market.”
Andrew Humberstone, Managing Director, NMGB, said Nissan has been a pioneer in 100% electric mobility since 2010, and the integration of electric vehicles into the company is at the heart of Nissan's vision for intelligent mobility.
He added the Nissan LEAF, with more than half a million units already sold worldwide - is the only model today to allow V2G two-way charging and offers economic opportunities for businesses "that no other electric vehicle does today". Click here for more information.
FirstEnergy Corp, which aims to electrify 30% of its approximately 3,400 light duty and aerial fleet vehicles by 2030, has joined the Electric Highway Coalition. The group of electric companies, which has grown to 14 members, is committed to enabling long-distance EV travel through a network of EV fast-charging stations connecting major highway systems.
The Edison Electric Institute estimates 18 million EVs will be on US roads by 2030. While many drivers recognize the benefits of driving an EV, some are concerned with the availability of charging stations during long road trips. Through their unified efforts, the members of the EHC are addressing this "range anxiety" and demonstrating to customers that EVs are a smart choice for traveling long distances as well as driving around town.
Volta Industries has installed new charging stations at Safeway in Upper Marlboro, Maryland, and Renton, Washington.