Energy Update
BEIJING, Dec 16 (Reuters) - China's banking regulator said
on Friday that banks must strictly control credit to coal and
steel firms that are violating capacity cuts, the latest in a
series of regulations aimed at reducing loans to industries
struggling with over-capacity.
Dec 15 (Reuters) - InterOil Corp said it has
increased the cap on an additional cash payment based on the
output from a natural gas field in Papua New Guinea that was
part of its sale agreement with ExxonMobil Corp.
Dec 15 (Reuters) - Officials in 24 states have urged U.S.
President-elect Donald Trump to kill the centerpiece of
President Barack Obama's strategy to combat climate change and
shut down coal-fired power plants.
QUITO, Dec 15 (Reuters) - Ecuador sent soldiers and police
on Thursday to an isolated jungle area after a policeman was
killed and several security officials injured in a violent
protest against a Chinese copper exploration project amid
conflicts between mining companies and indigenous communities.
LONDON, Dec 15 (Reuters) - The U.S. Department of Energy has
become a lightning rod for criticism in parts of the Republican
Party and the fossil fuels industry unhappy about the Obama
administration's energy and climate policies.
“May you live long enough to have the plants you permitted be replaced by other plants you permitted,” said Robert Schulte, Principal at Schulte Associates, at a session about bringing energy storage to market at PGI 2016 in Orlando.
At Wednesday afternoon’s session on the challenges of low-carbon generation, Benjamin Borsch told an interesting story.
SAO PAULO, Dec 15 (Reuters) - Brazil's oil company Petróleo
Brasileiro SA has agreed to sell its 49 percent stake
in the sugar and ethanol joint venture Nova Fronteira Bioenergia
SA to partner São Martinho SA, both companies said in
securities filings on Thursday.
ACCRA, Dec 15 (Reuters) - The World Bank Group said on
Thursday it two of its units would provide another $517 million
to Ghana in debt and guarantees to support the $7.7 billion
Sankofa oil and gas project developed by Italy's ENI SpA
and upstream trader Vitol Ghana.
Microgrids are not new. Hospitals, universities, government buildings and military bases have relied on backup generators and central heat and power (CHP) systems for years. But the emergence of renewable energy, especially solar PV, and a heightened need for more reliable and resilient electricity supply has in the last few years catapulted microgrids into the limelight.
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