Energy Update

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Wind-power skeptic Donald Trump’s proposed tax reform may have an unintended consequence: threatening wind farms’ balance sheets.

In response to a request from industry members, the Federal Energy Regulatory Commission has extended the deadline to file comments on FERC’s notice of proposed rulemaking for energy storage participation in U.S. energy markets.

LAUNCESTON, Australia, Jan 17 (Reuters) - The new year has
started with something familiar from the last - a bubble in
Chinese iron ore and steel prices.

* Foreign investment restrictions to be lowered in various
sectors

“Today, sustainability sits at the top of the global agenda. In this new era, renewables and hydrocarbons enjoy a symbiotic relationship that is changing the face of the energy world.”

WASHINGTON, Jan 17 (Reuters) - A U.S. Senate committee will
grill President-elect Donald Trump's pick to run the Department
of the Interior, Congressman Ryan Zinke of Montana, during a
confirmation hearing on Tuesday that is likely to focus on how
he would balance development and conservation on America's vast
public lands.

* Govt plans 4 mln bpd crude output for 2020, vs analyst's
3.5-3.6 mln bpd

* Despite outages, enough fuel remains available to meet
demand

* Kremlin had trumpeted sale as proof of foreign interest

(Releads, adds new details)

BEIJING, Jan 17 (Reuters) - China's State Council on Tuesday
issued new measures to further open the world's second-largest
economy to foreign investment.

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