The cost of producing electricity from wind farms off the coast of Britain has fallen 32 percent in the past four years, meeting a government target four years early, an industry report said.
China Shipbuilding Industry Corp (CSIC) has begun to upgrade the design of its first-ever floating nuclear power platform ready for a wider spectrum of applications. The company is also expanding its submersible construction activities.
Tesla Motors Inc. is making a huge bet that millions of small batteries can be strung together to help kick fossil fuels off the grid. The idea is a powerful one - one that's been used to help justify the company's $5bn factory near Reno, Nev. - but batteries have so far only appeared in a handful of true, grid-scale pilot projects.
BP's Energy Outlook predicts that global energy demand will increase about 30 percent by 2035, driven by increasing prosperity in developing countries, partially offset by rapid gains in energy efficiency.
Hewlett-Packard, General Motors and Bank of America are among the major purchasers that are saving billions and reducing emissions by working with their suppliers to improve environmental management, according to a CDP report.
A surge in piracy to the west of the Philippines is forcing shipowners to divert vessels through other waters, increasing costs and extending the time it takes to transport goods such as Australian iron ore to key Asian destinations, according to Reuters.
Organizations who reported faster growth in revenue over the past three years were also more likely to be further ahead in using artificial intelligence, according to new research by IT consulting company Infosys.
Americans stepped up their auto buying and online shopping in December, reflecting a boost in confidence after the election and a solid increase in pay.
The latest supply-chain news, analysis, trends and tools for executives in the chemicals and energy industries. Learn how chemical and energy companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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