Tar sands industry faces 'existential' $246 billion loss





Gregory McGann The exploitation of Canada's tar sands is more than just an environmental catastrophe, writes Gregory McGann. It's also an turning into an economic disaster, with massive investments at risk as falling oil prices leave the tar sands stranded.



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LG Chem, Siemens plan closer cooperation on battery storage system

Thu, 11/20/2014 - 16:15 -- Gerry Woolf
LG Chem and Siemens plan cooperation
South Korea's LG Chem and Siemens have agreed to collaborate more closely on development and marketing of industrial battery energy storage systems (ESS).
The two companies signed a preliminary deal at Siemens' German headquarters in Erlangen, Bayern to cooperate on several major ESS projects over the next few years.
Under the agreement, Siemens, Europe's largest engineering firm, will supply converters and controllers for the joint storage solutions and handle the project planning and implementation. LG Chem, one of the world's largest lithium-ion battery manufacturers, will provide the batteries and the battery management system.
Siemens has used LG Chem's batteries in several lithium-ion-based energy storage systems since 2012.
The global ESS market that includes grid storage and transportation is expected to reach over $10.8 billion by 2018.

BP Oil Tanker Lets Out Huge Black Fart in Charleston, Puzzles Waterfront [VIDEO]

BY  ON 
While in Charleston, South Carolina yesterday, BP Shipping’s British Emissary, a 34k deadweight oil products tanker, suffered a catastrophic a rather startling “combustion fault,” according to BP.
BP spokesperson Jason Ryan provided the following statement:
“Sunday morning while the British Emissary was in port for planned maintenance in Charleston, SC, the ship’s steam services boiler suffered a combustion fault, causing smoke from the vessel’s funnel. The boiler is used for heating and other auxiliary functions on the vessel and is not part of the ship’s propulsion system. No one was injured. The cause of the fault is being fully investigated. The function of the vessel’s propulsion and navigation systems is unaffected.”
Video of the incident was captured by gCaptain contributor James Regan in the following video:
FYI, the commentary is a bit colorful, so if you’re at work watching this, keep that in mind:
This is one reason the industry is trending Energy Storage for Black Prevention / Spinning reserve in harbour...
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Corvus to deliver lithium polymer batteries for Fannefjord LNG hybrid ferry

24 November 2014
Canadian marine battery manufacturer Corvus Energy and Germany's Siemens have been awarded a contract to install an energy storage system (ESS) on Fannefjord LNG hybrid ferry operated by Norway's Fjord1.
The vessel will use a 1,050V, 410kWh ESS consisting of 63 Corvus Energy AT6500 advanced lithium polymer batteries. Powered by two LNG generators, the ESS will be incorporated with the existing Siemens drive systems.
Corvus Energy business development vice-president Sean Puchalski said: "We are very pleased that Corvus' energy storage system was selected for this innovative vessel.
"Based on our research, the Fannefjord will be the world's first LNG-battery hybrid ferry in operation."
"The Fannefjord will be the world's first LNG-battery hybrid ferry in operation."
The 123m-long Fannefjord ferry is capable of accommodating 390 passengers and 125 cars or 12 road trailers and 55 cars. This LNG-diesel-electric ferry features one diesel engine and two LNG-fuelled main engines.
With this conversion to a battery hybrid form, the vessel will be able to minimise methane slip and offer reduced greenhouse gas emissions, added fuel-efficiency along with better maintenance costs and improved engine performance.
The lithium polymer energy storage technology offers a better solution for hybridisation of commercial LNG-powered vessels, as it delivers the consistent power and reliability to support the specific performance attributes of LNG-powered vessels.
Recently, Corvus concluded a three-month trial of the hybrid ferry MF Finnoy equipped with a 960V, 260kW ESS consisting of 40 Corvus Energy AT6500 lithium polymer batteries.
The vessel's ESS system was integrated with Siemens' existing drive systems and powered by two 650kW diesel generators.

Via Ship-technology.com