September 21, 2016 is Zero Emissions Day, the global 24 hour moratorium on the use of fossil fuels. On this day, people are challenged to not use or burn oil, gas or coal as well as to minimize (or eliminate) the use of electricity generated by fossil fuels.- Excelerate Energy L.P., in collaboration with Dubai Supply Authority, has completed the first commercial gas-up operation at DUSUP’s Jebel Ali LNG Import Terminal via Excelerate’s floating storage and regasification unit (FSRU) Explorer on August 31, 2016. The FSRU gassed-up all five tanks of a 173,000 m3 LNG Carrier, in a 17-hour period. DUSUP’s ability to utilize the FSRU for these operations will allow LNG vessels departing regional dry docks avoid having to travel significant distances to perform this required step in the LNG cargo cycle, making Dubai a full-service LNG hub. A second similar gas-up operation was completed a few days later on another vessel.
- Norway continues to lead the global market for electric vehicles, according to the most recent plug-in electric vehicle (PEV) index from IHS Automotive, part of business information provider IHS Markit. Based on analysis of new vehicle registrations during the first quarter 2016, one out of every three vehicles registered in Norway during the quarter was a plug-in electric vehicle, reflecting more market penetration in Norway than any other major market tracked by IHS Markit within the index.
- The global biofuels market is expected grow at a CAGR of nearly 6% during the forecast period, according to Technavio’s latest report. In this report, Technavio covers the market outlook and growth prospects of the global biofuels market for 2016-2020. The market is further categorized into two fuel type segments, including ethanol and biodiesel, of which the ethanol segment dominated the market with almost 70% of the overall market share in 2015.
