Energy Update
The Dubai Electricity and Water Authority (DEWA) on Dec. 20 said that it will build the Gulf Cooperating Council region’s first hydroelectric power station — a 250-MW pumped storage hydro plant that will be powered by solar PV.
OTTAWA, Dec 23 (Reuters) - Canada's economy unexpectedly
contracted at the start of the fourth quarter due to widespread
weakness in the manufacturing sector and a decline in oil and
gas extraction, data from Statistics Canada showed on Friday.
WASHINGTON, Dec 23 (Reuters) - U.S. President-elect Donald
Trump, asked to clarify his comments about expanding U.S.
nuclear weapons capability, said, "Let it be an arms race," and
that the United States would win it, MSNBC reported on Friday.
The Caribbean Development Bank last week said that it has formally confirmed ots ongoing partnership with the Government of New Zealand in support of geothermal energy development in the Eastern Caribbean.
India will invest 127 billion rupees ($1.8 billion) on lines to transmit power from solar parks to enable Prime Minister Narendra Modi’s goal of boosting clean-energy capacity to 175 GW by 2022.
JAKARTA, Dec 23 (Reuters) - Indonesia is considering
allowing some exports of mineral ores such as bauxite and nickel
under certain conditions, the country's mining and energy
minister said on Friday.
BEIJING, Dec 23 (Reuters) - China told its companies on
Friday they need to pay attention to the latest U.N. sanctions
on North Korea, especially those related to coal, to avoid any
unnecessary economic losses.
Holiday lights add a significant additional level of electricity demand during the start of winter when cold weather is already driving up load.
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