Free Energy, $10 A Barrel Oil By 2025 Says French Utility Company

Free Energy, $10 A Barrel Oil By 2025 Says French Utility Company - Gas 2

gas2.org 28 Dec '16, 10pm

Free Energy, $10 A Barrel Oil By 2025 Says French Utility Company

The company plans to spend more than $1.5 billion by 2018 on technologies including grid-scale battery storage, hydrogen output, “mini-grids” that serve small clusters of homes, and smart buildings that link up heating, lighting and IT systems to save energy and cut costs. “In the months to come, we expect to announce the first major steps of projects, investments, partnerships and potential acquisitions” in these areas, said Lepercq, a former banker and entrepreneur. In 2006, he co-founded Solairedirect, a solar developer that was bought by Engie in 2015. “We’re talking about technology platforms in which massive value can be created from comparatively small investment.”

Full article: http://gas2.org/2016/12/28/free-energy-10-barrel-oil-2025...

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