Briefly Noted: “Peak oil is Now”, says new study “Peak Oil is Now. Global oil production has, in all likelihood, already exceeded maximum production levels and is likely to decline. That’s the main reason for rising oil prices. Any hope for a burst of the speculative bubble is futile.”
Briefly Noted: Layoffs at Plug Power Fuel cell developer Plug Power which recently reported changes in its ownership structure with the reshuffling of a big stake held by a Russian investors group, last month reported it is eliminating 80 of its 380 jobs.
Briefly Noted: New EHA/DWV Renewable Energy/Hydrogen brochure A new 36-page brochure, “Hydrogen and Fuel Cells as Strong Partners of Renewable Energy Systems” has been published jointly by the European and the German Hydrogen Associations (EHA, DWV).
Briefly Noted: Akermin’s U.S. army contract Akermin, Inc., the St. Louis-based developer of stabilized enzyme catalyst technology, has signed a contract with the U.S. Army’s Communications-Electronics Research Development and Engineering Center (CERDEC).
Briefly Noted: QuantumSphere Buys CA-based Energetics Santa Ana, CA-based QuantumSphere, Inc., a developer of advanced catalyst materials, electrode devices and related technologies, has acquired Orange, CA-based Energetics, Inc., a seven-year-old company specializing in developing lithium ion batteries, fuel cells, hydrogen production and bio fuel applications.
