Is Saudi telling the truth about their oil reserves?

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Is Saudi Arabia running out of oil.  It may have overstated its oil reserves?

When Arabs took over the oil fields (via Aramco) they restated their oil reserves increased by about 100 billion barrels.   

The reserves can be over in as little as 9 years.  It is good that the world has been looking for renewable  energy.  And would not be hurt much if Saudi run out of oil.   

If you do your math, Saudi which produces 10 million barrels of oil a day....  And you can guess if they are telling the truth about their reserves.  Why cant they increase their production beyond 10 million

Take note that bulk of their budget and expoerts come from oil. It is noteworthy though that KSA makes invstment in tourism and other businesses.

The problem with wind energy

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More wind farms are being built in the Philippines.    In Luzon, you have Burgos in Ilocos.   In Bugarin, at Alabat island, and soon at Tanay.  But there are a lot of problems with regards to wind energy.

Find out

Connecting PV to the grid is complicated - no wonder Meralco and other DUI do not interconnect your rooftop to the grid

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Most rooftop PV are not interconnected to the grid.  This is the reason why.  

Concentrated Solar Plant - none in the Philippines yet

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Its simply reflecting sun;s rays into a point with molten salt.  There is less CSP vs PV panels.   USA CSP failed.   China keeps on building CSP

But CSP does things PV cant -  generating electricity at night.  Molten salt can be stored

The new solar panel - perovskite

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New method of storing energy - TPV - Themo Photovoltaic

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Why do we need this?   Hydropower turbines operate at 60% efficiency,   steam  turbine at 30%.  We need more efficient energy generation and storage
 

An energy source melts down tin at passes room with inert gas so that tin does not oxidize.  Then the heat is stored in graphite .  With a large surface area, the heat does not dissipate for months

What do you think?

Energy storage - pumped storage is the most efficient e. g. Caliraya

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Pumping water up the elevated dam, lake structure, during low demand, and having the water from the elevated dam run turbines during peak demand

Run of river hydroelectric power plant

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Vs high investment hydroelectric dam.  We can implement this in many mountain or communities with rivers.  Or in islands.

Amazing hydroelectric power technologies

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 Some of them are micro and are distributed. Not centralized and does not disrupt the environment, nor caused widespread failure, Costs little cap ex and investment. Could be worth going into, and is cheaper compared to solar or wind.